What is the primary revenue source for American Water Works (AWK)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze AWK's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out American Water Works's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How American Water Works Makes Money: AWK Revenue Breakdown (2026)

Income Statement – AWK Q1 2026 Income Statement (Q1 2026)

Income Statement Q1 2026
Item	Category	Value	YoY
Operating revenues	revenue	1.21B	5.69%
Operating income	profit	391.00M	5.39%
Total operating expenses, net	cost	816.00M	5.84%
Income before income taxes	profit	259.00M	-4.07%
Other, net	revenue	14.00M	-17.65%
Interest income	revenue	12.00M	-45.45%
Benefit costs, non-operating, net	cost	5.00M	25.00%
Total other (expense) income	revenue	132.00M	30.69%
Operation and maintenance	cost	493.00M	5.34%
Depreciation and amortization	cost	237.00M	9.72%
General taxes	cost	86.00M	-1.15%
Net income attributable to common shareholders	profit	196.00M	-4.39%
Provision for income taxes	cost	63.00M	-3.08%
Interest expense	cost	163.00M	13.19%

Business Breakdown
Segment	Value	YoY
Regulated Business	1.11B	5.91%
Others	96.00M	3.23%

Balance Sheet – AWK Q1 2026 Balance Sheet (Q1 2026)

Balance Sheet Q1 2026
Item	Category	Value
Property, plant and equipment	assets	38.57B
Goodwill	assets	1.16B
Regulatory assets	assets	1.14B
Unbilled revenues	assets	451.00M
Accounts receivable, net of allowance for uncollectible accounts of $63 and $58, respectively	assets	386.00M
Other	assets	305.00M
Other	assets	291.00M
Cash and cash equivalents	assets	137.00M
Materials and supplies	assets	114.00M
Income tax receivable	assets	112.00M
Operating lease, right-of-use asset	assets	82.00M
Restricted funds	assets	19.00M
Property, plant and equipment, net	assets	31.07B
Property, plant, and equipment and finance lease right-of-use asset, accumulated depreciation and amortization	assets	7.50B
Total regulatory and other long-term assets	assets	2.67B
Total current assets	assets	1.52B
Total assets	assets	35.26B
Total capitalization	liabilities	23.81B
Total regulatory and other long-term liabilities	liabilities	5.70B
Total current liabilities	liabilities	4.12B
Contributions in aid of construction	liabilities	1.65B
Total long-term debt	liabilities	12.77B
Treasury stock, common, value	equity	396.00M
Total common shareholders' equity	equity	11.04B
Deferred income taxes and investment tax credits	liabilities	3.38B
Regulatory liabilities	liabilities	1.41B
Advances for construction	liabilities	468.00M
Other	liabilities	204.00M
Accrued pension expense	liabilities	160.00M
Operating lease liabilities	liabilities	72.00M
Current portion of long-term debt	liabilities	1.49B
Short-term debt	liabilities	1.37B
Accrued liabilities	liabilities	580.00M
Accounts payable	liabilities	272.00M
Other	liabilities	177.00M
Accrued interest	liabilities	135.00M
Accrued taxes	liabilities	94.00M
Long-term debt	liabilities	12.77B
Redeemable preferred stock at redemption value	liabilities	3.00M
Aggregate	equity	11.43B
Paid-in-capital	equity	8.65B
Retained earnings	equity	2.77B
Accumulated other comprehensive income	equity	8.00M
Common stock ($0.01 par value; 500,000,000 shares authorized; 200,767,975 and 200,605,170 shares issued, respectively)	equity	2.00M

Cash Flow Statement – AWK 3M 2026 Cash Flow Statement (3M 2026)

Operating Activities – 3M 2026
Item	Value
Depreciation and amortization	237.00M
Deferred income taxes and amortization of investment tax credits	231.00M
Net income attributable to common shareholders	196.00M
Provision for losses on accounts receivable	14.00M
Pension and non-pension postretirement benefits	-2.00M
Increase (decrease) in obligation, pension benefits	-11.00M
Other noncash income (expense)	-12.00M
Increase (decrease) in other receivables	-22.00M
Increase (decrease) in other operating assets and liabilities, net	-22.00M
Accrued taxes	-37.00M
Increase (decrease) in income taxes receivable	-103.00M
Accounts payable and accrued liabilities	-164.00M

Investing Activities – 3M 2026
Item	Value
Proceeds from secured seller promissory note from the sale of the homeowner services group	795.00M
Proceeds from sales and maturities of available-for-sale fixed-income securities	17.00M
Payments to acquire businesses, net of cash acquired	-20.00M
Payments for (proceeds from) removal costs	-40.00M
Payments to acquire property, plant, and equipment	-659.00M

Financing Activities – 3M 2026
Item	Value
Advances and contributions in aid of construction, net of refunds of $8 and $9 for the three months ended march 31, 2026 and 2025, respectively	19.00M
Proceeds from long-term debt, net of discount	7.00M
Repayments of long-term debt	-3.00M
Other, net	-5.00M
Payments of ordinary dividends, common stock	-162.00M
Net short-term (repayments) borrowings with original maturities less than three months	-222.00M

Cash Balance – 3M 2026
Item	Value
Cash and cash equivalents, beginning of period	139.00M
Cash and cash equivalents, end of period	171.00M

Income Statement – AWK Q1 2026 Income Statement (Q1 2026)

Balance Sheet – AWK Q1 2026 Balance Sheet (Q1 2026)

Cash Flow Statement – AWK 3M 2026 Cash Flow Statement (3M 2026)

Financial Insights

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