How Essential Utilities makes money

Period

FY2025

How does Essential Utilities make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Essential Utilities Inc. · FY2025 · year ended 2025-12-31

Revenue$2.5BGross profit$2.5B · 100%Cost of revenue$0 · 0%Operating income$921M · 37%Operating expenses$1.6B · 63%Other opex$1.6B · 63%Pre-tax income$620M · 25%Other expense$301M · 12%Net income$616M · 25%Income tax$0 · 0%Natural Gas$1.1B · 45%Water$1.1B · 44%Wastewater$223M · 9%Other$41M · 2%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.