Total operating revenues reached $27.8 million for the three months ended March 31, 2026, a 7.3% increase compared to the same period in 2025. Net income applicable to common stock rose to $5.9 million, up from $5.4 million in the prior year period. Basic net income per share increased to $0.58 from $0.53 in the first quarter of 2025. Water sales revenue grew by $1.5 million, primarily due to temporary rate increases implemented in 2025 and an expanded customer base. Operating expenses, excluding depreciation and income taxes, rose by $0.9 million, or 5.7%, reflecting higher payroll, benefit, and supply costs.