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Artesian Resources's Business Segments
Artesian Resources's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
2
Largest Segment
Regulated Utility
Total Revenue
$ 28
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2026
- Regulated Utility92.7%
- All Other Segments7.5%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Regulated Utility | $ 26 | 92.7% |
| All Other Segments | $ 2 | 7.5% |
Revenue by Product & Service Category - Q1 FY2026
- Water Sales79.9%
- Consumption Charges50.8%
- Fixed Fees36.6%
- Other Utility Operating Revenue12.8%
- Non Utility Operating Revenue7.3%
- Service Line Protection Plans6.5%
- Industrial Wastewater Services2.3%
- Contract Operations0.9%
- Service Charges0.6%
- Metered Wastewater Services0.5%
- Inspection Fees0.5%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Water Sales | $ 22 | 79.9% |
| Consumption Charges | $ 14 | 50.8% |
| Fixed Fees | $ 10 | 36.6% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Artesian Resources
Artesian Resources Corporation operates as the holding company of eight wholly-owned
subsidiaries offering water, wastewater and other services on the Delmarva Peninsula.
Our principal subsidiary, Artesian Water Company, Inc., is the oldest and largest
investor-owned public water utility on the Delmarva Peninsula, and has been providing
superior water service since 1905. We distribute and sell water, including water
for public and private fire protection, to residential, commercial, industrial,
municipal and utility customers throughout the states of Delaware, Maryland and
Pennsylvania. We provide wastewater services to customers in Delaware. In addition,
we provide contract water and wastewater operations, and water and sewer Service
Line Protection Plans. Our Class A Non-Voting Common Stock is listed on NASDAQ
Global Select Market and trades under the symbol "ARTNA."
Artesian Resources Corporation is a multifaceted company focused primarily on the provision of water and sewage services, primarily centered around the state of Delaware. Below is a comprehensive overview of the segments, products, and services that the company offers.
Segments
1. Water Utility Services
- Public Water Supply: Artesian operates various water systems providing potable water to residential, commercial, and industrial customers.
- Infrastructure Development: Artesian is frequently involved in developing water infrastructure to accommodate growing communities and increase service efficiency.
- Water Quality Monitoring: The company implements rigorous water quality testing and treatment methods to ensure compliance with health standards and regulations.
2. Sewer Utility Services
- Wastewater Treatment: Artesian provides sewage collection and treatment services, ensuring that wastewater is processed according to environmental standards.
- Innovative Treatment Solutions: The company invests in modern technologies and practices for effective sewage management and environmental protection.
3. Contract Services
- Utility Management: Artesian undertakes outsourced management of water and sewage systems for municipalities and other organizations.
- Engineering and Consulting: The company offers engineering services, including assessments, project design, and consulting for water and wastewater infrastructure.
4. Real Estate Services
- Land Development: Artesian engages in land development projects to build residential and commercial properties, often in conjunction with their utility operations.
- Facility Construction: The company also develops facilities that are integral to their utility services.
Products
1. Drinking Water
- Artesian supplies high-quality drinking water sourced from wells and other water sources, treated to meet or exceed regulatory standards.
2. Reclaimed Water
- The company offers reclaimed water for irrigation purposes, landscaping, and other non-potable applications, promoting water conservation.
3. Wastewater Treatment Effluents
- High-quality effluents from wastewater treatment processes that can be safely discharged into natural waterways or utilized for specific applications.
4. Infrastructure Components
- The company may provide various infrastructure components such as pipes, valves, and meters as part of its utility operations.
Services
1. Customer Service
- Artesian emphasizes strong customer service, providing support and responding to inquiries regarding water services, billing, and maintenance issues.
2. Emergency Response Services
- The company provides 24/7 emergency response for water service interruptions, leaks, and other urgent utility issues, ensuring minimal disruption for customers.
3. Infrastructure Upgrades and Maintenance
- Regular maintenance, repair, and upgrading services for existing water and sewer infrastructure, ensuring reliability and efficiency.
4. Educational Programs and Outreach
- Artesian engages in community outreach, educating the public about water conservation, quality, and sustainability practices.
5. Environmental Stewardship
- The company is committed to environmental stewardship and sustainability, implementing measures to protect local water ecosystems and promote the responsible use of resources.
In conclusion, Artesian Resources Corporation operates in a diversified framework that encompasses essential water and sewage utilities, complemented by services that ensure reliable delivery, customer satisfaction, and a focus on sustainability. Through a combination of utility services, infrastructure development, and community engagement, Artesian plays a vital role in maintaining public health and environmental integrity in the regions it serves.
Segments
1. Water Utility Services
- Public Water Supply: Artesian operates various water systems providing potable water to residential, commercial, and industrial customers.
- Infrastructure Development: Artesian is frequently involved in developing water infrastructure to accommodate growing communities and increase service efficiency.
- Water Quality Monitoring: The company implements rigorous water quality testing and treatment methods to ensure compliance with health standards and regulations.
2. Sewer Utility Services
- Wastewater Treatment: Artesian provides sewage collection and treatment services, ensuring that wastewater is processed according to environmental standards.
- Innovative Treatment Solutions: The company invests in modern technologies and practices for effective sewage management and environmental protection.
3. Contract Services
- Utility Management: Artesian undertakes outsourced management of water and sewage systems for municipalities and other organizations.
- Engineering and Consulting: The company offers engineering services, including assessments, project design, and consulting for water and wastewater infrastructure.
4. Real Estate Services
- Land Development: Artesian engages in land development projects to build residential and commercial properties, often in conjunction with their utility operations.
- Facility Construction: The company also develops facilities that are integral to their utility services.
Products
1. Drinking Water
- Artesian supplies high-quality drinking water sourced from wells and other water sources, treated to meet or exceed regulatory standards.
2. Reclaimed Water
- The company offers reclaimed water for irrigation purposes, landscaping, and other non-potable applications, promoting water conservation.
3. Wastewater Treatment Effluents
- High-quality effluents from wastewater treatment processes that can be safely discharged into natural waterways or utilized for specific applications.
4. Infrastructure Components
- The company may provide various infrastructure components such as pipes, valves, and meters as part of its utility operations.
Services
1. Customer Service
- Artesian emphasizes strong customer service, providing support and responding to inquiries regarding water services, billing, and maintenance issues.
2. Emergency Response Services
- The company provides 24/7 emergency response for water service interruptions, leaks, and other urgent utility issues, ensuring minimal disruption for customers.
3. Infrastructure Upgrades and Maintenance
- Regular maintenance, repair, and upgrading services for existing water and sewer infrastructure, ensuring reliability and efficiency.
4. Educational Programs and Outreach
- Artesian engages in community outreach, educating the public about water conservation, quality, and sustainability practices.
5. Environmental Stewardship
- The company is committed to environmental stewardship and sustainability, implementing measures to protect local water ecosystems and promote the responsible use of resources.
In conclusion, Artesian Resources Corporation operates in a diversified framework that encompasses essential water and sewage utilities, complemented by services that ensure reliable delivery, customer satisfaction, and a focus on sustainability. Through a combination of utility services, infrastructure development, and community engagement, Artesian plays a vital role in maintaining public health and environmental integrity in the regions it serves.