RGC Resources reported a significant year-over-year increase in Q3 net income to $538,412, supported by stronger equity earnings from its investment in MVP and higher operating revenue. Operating income declined slightly, but the company's overall profitability improved.
Q3 2025 net income rose to $538,412, up from $156,692 in Q3 2024.
Revenue increased 19% year-over-year, reaching $17.26 million.
Earnings from MVP investment contributed $772,082, nearly tripling from the prior year.
Cash dividend per share increased to $0.2075, reflecting continued shareholder returns.
The company remains focused on delivering value through prudent system investment and leveraging its stake in MVP, which continues to positively impact earnings.