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New Jersey Resources NJR Q1 2026 earnings

Reported February 2, 2026 · After market close

Revenue$604.9MBeat by $53.2M
EPS$1.17Beat by $0.22
Revenue estimate$551.7M
EPS estimate$0.95

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$342.1M
EPS estimate$0.06

Financials

Q1 2026

Income statement

See full
Revenue$604.9M+23.9%
Operating income$179.2M-5.5%
Net income$122.5M-6.7%
EPS (diluted)$1.21-7.6%

Balance sheet

See full
Cash & equivalents$3.6M+40.2%
Total debt$3.8B+8.2%
Total equity$2.5B+6.9%
Total assets$7.9B+9.9%

Cash flow

See full
Operating cash flow$26.7M+398%
CapEx$42.1M+118%
Free cash flow-$15.4M+45.6%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$4.65B-0.2%
Enterprise value$8.46B+3.4%
P/E14.2×+0.2×
P/S2.2×-0.4×

Profitability

See full
Operating margin23.2%-5.0pp
Net margin15.2%-3.1pp
FCF margin21.2%+2.3pp

Returns & leverage

See full
Return on equity13.7%-1.5pp
Debt / equity1.5×0.0×
Current ratio0.8×-0.1×

Segments

By product

See full
Natural gas utility sales$374.9M+26.5%
Natural gas services$40.9M+6.1%
Service contracts$9.5M+2.4%
Installations and maintenance$6.6M-0.2%
Electricity sales$5.6M-3.6%

By segment

See full
NJNG$374.6M+26.5%
ES$119.1M+38.0%
S&T$28.1M+5.6%
Corporate and other$15.8M+3.4%
CEV$9.4M+7.2%

Versus estimates

Revenue

Q2 2026$939.4MBeat by $89.5M
Q1 2026$604.9MBeat by $53.2M
Q4 2025$341.5MBeat by $41.9MQ3 2025$298.9MMiss by $8.4MQ2 2025$913.0MBeat by $621.0MQ1 2025$488.4MMiss by $207.6M

Diluted EPS

Q2 2026$2.20Beat by $0.31
Q1 2026$1.17Beat by $0.22
Q4 2025$0.16Beat by $0.01Q3 2025$0.06Beat by $0.12Q2 2025$1.76Beat by $0.11Q1 2025$1.29Beat by $0.15

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Questions, answered.

When did New Jersey Resources report Q1 2026 earnings?
New Jersey Resources (NJR) reported Q1 2026 earnings on February 2, 2026 after market close.
What were New Jersey Resources's Q1 2026 revenue and EPS?
New Jersey Resources reported revenue of $604.9M and eps of $1.17 for Q1 2026.
Did New Jersey Resources beat estimates in Q1 2026?
Revenue beat the consensus estimate of $551.7M by $53.2M. EPS beat the consensus estimate of $0.95 by $0.22.
How did New Jersey Resources's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 23.9% from $488.4M a year earlier and eps declined 9.3% from $1.29.
Where can I find New Jersey Resources's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001140361-26-003240) and the 10-Q periodic report (0000356309-26-000021) directly on SEC EDGAR. The filing index links above go to sec.gov.