ESSENTIAL UTILITIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (In thousands, except per share amounts)
Years ended December 31,
2025
2024
2023
Operating revenues
$
2,474,615$ 2,086,113$ 2,053,824
Operating expenses: Operations and maintenance
639,604 403,817 403,190 14,281 92,772
587,250 277,009 363,906
575,518 352,306 338,655
Purchased gas Depreciation Amortization
5,646
5,040
Taxes other than income taxes
94,634
90,208
Total operating expenses
1,553,664 1,328,445 1,361,727
Operating income
920,951
757,668
692,097
Other expense (income): Interest expense
329,081 (1,703) (26,253) (1,325)
302,467 (3,318) (21,310) (92,224) (1,425) 573,478 (21,836)
283,362 (3,401) (16,967)
Interest income
Allowance for funds used during construction
Gain on sale of other assets
(65)
Other
1,337
(2,613) 431,781 (66,445) 498,226
Income before income taxes Income tax expense (benefit)
619,814
3,445
Net income
$
616,369 $
595,314 $
Comprehensive income
$
616,369 $
595,314 $
498,226
Net income per common share: Basic
$ $
2.20 $ 2.20 $
2.17 $ 2.17 $
1.86 1.86
Diluted
Average common shares outstanding during the period: Basic
280,054 280,619
273,914 274,421
267,171 267,659
Diluted
See accompanying notes to consolidated financial statements.
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