New Jersey Resources Corporation Reports Q3 2025 Revenue Increase to $205M and Net Income of $10M, Up from a Loss in 2024
New Jersey Resources Corporation reported Q3 2025 financial results, with revenues of $205 million, up from $158.1 million in Q3 2024, and a net income of $10.1 million, reversing a loss of $6.1 million from the previous year. For the nine-month period, revenues increased to $1.157 billion from $914.7 million, and net income rose to $221.5 million from $152.4 million. Operating expenses also increased, totaling $183.8 million for Q3 and $841.2 million for nine months. No future outlook was provided in the report.
New Jersey Resources Corporation has reported its financial results for the three and nine months ending June 30, 2025. For the three-month period, the company achieved operating revenues of $205.0 million, marking a significant increase from $158.1 million in the same period of the previous year. This growth in revenue is accompanied by a net income of $10.1 million, a notable turnaround from a net loss of $6.1 million reported for the three months ending June 30, 2024. For the nine-month period, operating revenues rose to $1.157 billion, up from $914.7 million in the prior year. Net income for this period also saw a substantial increase, reaching $221.5 million compared to $152.4 million for the nine months ending June 30, 2024. The company’s operating expenses over the three-month period totaled $183.8 million, up from $157.0 million in the previous year. For the nine-month period, operating expenses increased to $841.2 million from $699.2 million. These results highlight a robust performance across the board, reflecting the company’s ability to enhance its financial standing over the past year. However, the financial report did not provide any specific outlook or guidance for future periods. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Jersey Resources Corporation published the original content used to generate this news brief on August 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
