RGC Resources (RGCO) Q2 2026 earnings summary

Executive summary

• Second quarter net income rose to $8.7 million ($0.84 per diluted share), up from $7.7 million ($0.74 per diluted share) year-over-year.

• Six-month net income increased 5.3% to $13.6 million ($1.31 per diluted share) from $12.9 million ($1.26 per diluted share) year-over-year.

• Growth driven by higher operating margins, interim base rates, increased MVP pipeline earnings, and lower interest expense.

Financial highlights

• Second quarter operating revenues were $45.5 million, up from $36.5 million year-over-year.

• Operating income for the quarter was $11.3 million, compared to $10.4 million in the prior year.

• Six-month operating revenues reached $75.7 million, up from $63.8 million year-over-year.

• Cash dividends per share increased to $0.2175 for the quarter, up from $0.2075 year-over-year.

Outlook and guidance

• Inflationary pressures expected to persist for the remainder of the year.

• Interim rates effective January 1, 2026, are subject to refund pending regulatory review.