Financial Performance - The York Water Company reported third quarter operating revenues of $20,361,000, an increase of $646,000 compared to Q3 2024 [2] - Net income for the third quarter was $6,201,000, up by $338,000 from the same period last year [2] - Basic and diluted earnings per share for the third quarter were $0.43, an increase of $0.02 year-over-year [2] - For the first nine months of 2025, operating revenues reached $58,016,000, a rise of $1,923,000 compared to the same period in 2024 [3] - Net income for the first nine months was $14,891,000, a decrease of $292,000 from the previous year [3] - Basic and diluted earnings per share for the nine-month period were $1.03, down by $0.03 compared to 2024 [3] Revenue Drivers - Revenue growth was primarily driven by an increase in the customer base and revenues from the Distribution System Improvement Charge (DSIC) [2][3] - The DSIC is a charge allowed by the Pennsylvania Public Utility Commission for the replacement of aging infrastructure [2] Expenses and Taxation - Income taxes decreased due to higher deductions from IRS tangible property regulations [2][3] - Increased revenues and lower income taxes were offset by higher operation and maintenance expenses, depreciation, higher interest on debt, and lower allowance for funds used during construction (AFUDC) [2][3] Capital Investments - The company invested $37.1 million in capital projects during the first nine months of 2025, focusing on main extensions, software upgrades, and infrastructure improvements [4] - An additional investment of $10.0 million is estimated for 2025, excluding acquisitions, for further main extensions and routine improvements [4]

Financial Performance - The York Water Company reported second quarter operating revenues of $19,199,000, an increase of $449,000 compared to the second quarter of 2024 [2] - Net income for the second quarter was $5,052,000, up by $59,000 year-over-year [2] - For the first six months of 2025, operating revenues reached $37,655,000, an increase of $1,277,000, while net income decreased to $8,690,000, down by $630,000 compared to the same period in 2024 [3] Earnings Per Share - Basic and diluted earnings per share for the second quarter remained unchanged at $0.35 compared to the same period last year [2] - For the first six months, basic and diluted earnings per share decreased to $0.60, down by $0.05 from the previous year [3] Revenue Drivers - Revenue growth was primarily driven by an increase in the customer base and revenues from the Distribution System Improvement Charge (DSIC) [2][3] - The DSIC is a charge allowed by the Pennsylvania Public Utility Commission for the replacement of aging infrastructure [2] Tax and Expense Factors - Income taxes decreased due to higher deductions from IRS tangible property regulations [2][3] - Increased revenues and lower income taxes were offset by higher operation and maintenance expenses, depreciation, higher interest on debt, and lower allowance for funds used during construction (AFUDC) [2][3] Capital Investments - The company invested $22.2 million in capital projects during the first six months of 2025, focusing on main extensions, software upgrades, and infrastructure improvements [4] - An additional investment of $23.8 million is estimated for 2025, excluding acquisitions, for further infrastructure enhancements [4]