Unitil reported a challenging fourth quarter in 2025, with total revenue declining to $115.2 million from $120.5 million in the prior year. Net income also saw a significant drop to $10.5 million, or $0.65 per diluted share, compared to $14.1 million, or $0.88 per diluted share, in Q4 2024. The decrease was largely attributed to lower electric and gas sales volumes, impacted by milder weather and conservation efforts.
Unitil Corporation reported a net income of $4.0 million and EPS of $0.25 for the second quarter of 2025, a slight decrease from the previous year. However, the company's adjusted net income, which excludes acquisition-related costs, increased to $4.7 million, or $0.29 per share, demonstrating strong operational performance despite the one-time expenses.
Unitil Corporation reported a net income of $27.5 million for the first quarter of 2025, a slight increase from $27.2 million in the same period last year. Adjusted net income, a non-GAAP measure, rose to $28.4 million from $27.2 million. The company's total operating revenue for the quarter was $170.8 million, down from $178.7 million in the prior year, primarily due to lower costs of electric sales. Gas Adjusted Gross Margin saw a significant increase, while Electric Adjusted Gross Margin also improved.