# H2O (HTO) — Earnings

HTO · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/hto/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.72 |
| EPS estimate | $0.70 |
| EPS surprise | +3.06% |
| Revenue surprise | −1.63% |
| Revenue | $210.5M |
| Revenue estimate | $214.0M |
| Reported | Jul 27, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/766829/000162828026050198/hto-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/372f3625-3e0f-6c49-44d0-f45eaaf69049.html) |

H2O America reported Q2 2026 results on July 27, 2026. Earnings per share were $0.72, ahead of the $0.70 estimate by 3.06%. Revenue was $210.5 million, 1.63% below the $214.0 million consensus. Compared with Q2 2025, EPS edged up from $0.71 and revenue rose about 6% from $198.3 million.

The longer record shows steady growth with a clear seasonal pattern. Annual EPS rose every year in the table, from $2.41 in 2022 to $2.67 in 2023, $2.85 in 2024 and $2.93 in 2025. Revenue grew from $620.7 million in 2022 to $800.7 million in 2025. Q3 has been the strongest quarter of each year since 2023, and Q3 2025 set the highs here at $1.27 per share and $240.6 million in revenue. Q1 is usually the weakest. The first half of 2026 adds up to $1.22 per share, compared with $1.20 a year earlier. The company has been profitable in every quarter shown and beat the EPS estimate in 15 of the last 20 quarters.

Q3 results came out between October 28 and October 30 in each of the past five years. That points to late October 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 27, 2026 | $0.70 | $0.72 | 3.06% | $214.0M | $210.5M |
| Q1 2026 | Apr 28, 2026 | $0.49 | $0.50 | 2.04% | $180.5M | $183.3M |
| Q4 2025 | Feb 25, 2026 | $0.48 | $0.46 | -5.10% | $217.4M | $194.2M |
| Q3 2025 | Oct 28, 2025 | $1.18 | $1.27 | 7.61% | $236.5M | $240.6M |
| Q2 2025 | Jul 29, 2025 | $0.69 | $0.71 | 2.99% | $187.2M | $198.3M |
| Q1 2025 | Apr 28, 2025 | $0.36 | $0.49 | 37.80% | $158.9M | $167.6M |
| Q4 2024 | Feb 27, 2025 | $0.56 | $0.68 | 22.08% | $187.4M | $197.8M |
| Q3 2024 | Oct 28, 2024 | $1.17 | $1.17 | 0.15% | $213.4M | $225.1M |
| Q2 2024 | Jul 25, 2024 | $0.57 | $0.64 | 11.48% | $165.1M | $176.2M |
| Q1 2024 | Apr 26, 2024 | $0.38 | $0.36 | -5.31% | $140.6M | $149.4M |
| Q4 2023 | Feb 22, 2024 | $0.59 | $0.59 | -0.49% | $161.2M | $171.3M |
| Q3 2023 | Oct 30, 2023 | $0.96 | $1.13 | 18.10% | $186.9M | $204.8M |
| Q2 2023 | Jul 31, 2023 | $0.56 | $0.58 | 2.95% | $160.3M | $156.9M |
| Q1 2023 | May 1, 2023 | $0.20 | $0.37 | 83.99% | $132.5M | $137.3M |
| Q4 2022 | Feb 23, 2023 | $1.03 | $1.09 | 6.02% | $157.4M | $171.4M |
| Q3 2022 | Oct 28, 2022 | $0.66 | $0.82 | 25.00% | $172.0M | $176.0M |
| Q2 2022 | Jul 28, 2022 | $0.66 | $0.38 | -42.57% | $154.5M | $149.0M |
| Q1 2022 | Apr 28, 2022 | $0.08 | $0.12 | 42.35% | $117.0M | $124.3M |
| Q4 2021 | Feb 18, 2022 | $0.46 | $0.60 | 30.01% | $141.0M | $139.7M |
| Q3 2021 | Oct 29, 2021 | $0.74 | $0.64 | -13.16% | $187.0M | $166.9M |

## Frequently Asked Questions

### When did H2O (HTO) last report earnings?

H2O last reported on Jul 27, 2026, covering fiscal Q2 2026.

### Did HTO beat earnings estimates?

Yes. H2O reported EPS of $0.72 for Q2 2026 against a $0.70 estimate — a 3.06% beat.

### How much revenue did HTO report last quarter?

H2O reported $210.5M in revenue for Q2 2026, against a consensus estimate of $214.0M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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