Company: AWK
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001410636-25-000150
Chunk: 119

Company: American Water Works Company, Inc.
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 119
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 Ended June 30,(In millions)2025202420252024Water services:Residential$637 $580 $1,197 $1,084 Commercial243 217 455 404 Fire service48 41 93 82 Industrial46 46 91 88 Public and other82 73 155 131 Total water services1,056 957 1,991 1,789 Wastewater services:Residential71 60 139 119 Commercial21 16 39 32 Industrial5 3 10 5 Public and other10 9 20 17 Total wastewater services107 88 208 173 Other (a)15 12 28 23 Total operating revenues$1,178 $1,057 $2,227 $1,985 

(a)Includes other operating revenues consisting primarily of miscellaneous utility charges, fees and rents.

 For the Three Months Ended June 30,For the Six Months Ended June 30,(Gallons in millions)2025202420252024Billed water services volumes:Residential37,423 38,201 72,114 72,615 Commercial19,066 19,291 36,263 36,582 Industrial8,660 9,710 17,314 18,047 Fire service, public and other12,643 13,698 25,035 24,814 Total billed water services volumes77,792 80,900 150,726 152,058 

For the three and six months ended June 30, 2025, operating revenues increased $121 million and $242 million, respectively, primarily due to increases of $119 million and $213 million, respectively, from authorized rate increases, including infrastructure surcharges, principally to recover infrastructure investment in various states. In addition, operating revenues increased $11 million and $25 million for the three and six months ended June 30, 2025, respectively, from water and wastewater acquisitions, as well as organic growth in existing systems. Operating revenues were also higher for the three and six months ended June 30, 2025, in the Company’s California subsidiary, due to a change to its revenue stability mechanism from full to partial revenue recovery, resulting from the general rate case decision approved by the CPUC in December 2024. These increases were partially offset by a $17 million estimated net