ATO · 10-Q · 2026Q2 · Full report
Net Income and Profitability
ATMOS ENERGY CORP · 2026-08-05 · Importance 47 · Surprise 48 · In source text
Net income increased 20% year over year to $1,227.6 million, or $7.33 per diluted share, for the nine months ended June 30, 2026, from $1,023.9 million, or $6.40 per diluted share.,The increase primarily reflected positive rate outcomes from safety and reliability spending and a $132.4 million benefit from Texas infrastructure-spending legislation effective in the third quarter of fiscal 2025.,Higher depreciation, property taxes, safety and compliance spending, and employee-related costs partially offset the earnings improvement.,Distribution-segment net income increased $104.6 million to $795.9 million, while pipeline and storage net income increased $99.1 million to $431.6 million.
Key facts
- Nine months ended June 30, 2026 distribution segment operating income: $1,024,227 thousand vs $895,232 thousand for 2025 (change $128,995 thousand) source
- Three months ended June 30, 2026 pipeline and storage segment operating income: $211,333 thousand vs $156,601 thousand for 2025 (change $54,732 thousand) source
- Three months ended June 30, 2026 pipeline and storage segment net income: $153,304 thousand vs $115,948 thousand for 2025 (change $37,356 thousand) source
- Nine months ended June 30, 2026 pipeline and storage segment operating income: $575,755 thousand vs $445,254 thousand for 2025 (change $130,501 thousand) source
- Nine months ended June 30, 2026 pipeline and storage segment net income: $431,629 thousand vs $332,526 thousand for 2025 (change $99,103 thousand) source
- Three months ended June 30, 2026 distribution segment operating income: $109,081 thousand vs $95,466 thousand for 2025 (change $13,615 thousand) source
- Nine months ended June 30, 2026 distribution segment net income: $795,923 thousand vs $691,337 thousand for 2025 (change $104,586 thousand) source
- Three months ended June 30, 2026 distribution segment net income: $89,385 thousand vs $70,481 thousand for 2025 (change $18,904 thousand) source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +23.2% | Net income for the nine months ended June 30, 2026: $1,227.6 million, or $7.33 per diluted share |
| operating_income | positive | realized | +14.7% | Nine months ended June 30, 2026 distribution segment operating income: $1,024,227 thousand vs $895,232 thousand for 2025 (change $128,995… |
| net_income | positive | realized | +11.9% | Nine months ended June 30, 2026 distribution segment net income: $795,923 thousand vs $691,337 thousand for 2025 (change $104,586 thousand) |
| net_income | positive | realized | +11.3% | Nine months ended June 30, 2026 pipeline and storage segment net income: $431,629 thousand vs $332,526 thousand for 2025 (change $99,103… |
| operating_income | positive | realized | +6.2% | Three months ended June 30, 2026 pipeline and storage segment operating income: $211,333 thousand vs $156,601 thousand for 2025 (change… |
| net_income | positive | realized | +4.3% | Three months ended June 30, 2026 pipeline and storage segment net income: $153,304 thousand vs $115,948 thousand for 2025 (change $37,356… |
| net_income | positive | realized | +2.1% | Three months ended June 30, 2026 distribution segment net income: $89,385 thousand vs $70,481 thousand for 2025 (change $18,904 thousand) |
| operating_income | positive | realized | +1.6% | Three months ended June 30, 2026 distribution segment operating income: $109,081 thousand vs $95,466 thousand for 2025 (change $13,615… |