American Water Works Company, Inc. (AWK) Revenue by Segment

American Water Works revenue by segment at a glance

In Q3 fiscal 2022 (the quarter ended September 30, 2022), American Water Works's largest business segment was Regulated Business, with $1.00 billion or 93% of revenue. Next: Market Based Businesses and Other (7%).

By product or service, Water Services brought in 90%, Wastewater Services brought in 9% and Miscellaneous Utility Charge brought in 1% of revenue in Q2 fiscal 2026.

From company filings, in USD; latest quarter ended September 30, 2022; quarterly data from Q3 fiscal 2017.

American Water Works Company, Inc.

AWKUtilities

United States

Utilities

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Regulated BusinessMarket Based Businesses and OtherCorporate and Reconciling Items

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before	Trend
Regulated Business	USD 1.27B	100.0%	+7.6%
Corporate and Reconciling Itemsi	USD 87.00M		-11.2%

Sum of items USD 1.27B; corporate items and eliminations USD 87.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Regulated Business	1.3B	1.1B	1.1B	1.3B	1.2B	1.0B	1.1B	1.2B	1.1B	928.0M	960.0M	1.1B	1.0B	860.0M	859.0M	1.0B	865.0M	778.0M	828.0M	944.0M	857.0M	755.0M	787.0M	945.0M	803.0M	720.0M	771.0M	882.0M	755.0M	685.0M	717.0M	857.0M	744.0M	666.0M	–	842.0M
Market Based Businesses and Other	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	79.0M	72.0M	64.0M	128.0M	148.0M	142.0M	133.0M	141.0M	139.0M	132.0M	128.0M	137.0M	136.0M	132.0M	134.0M	137.0M	125.0M	114.0M	100.0M	–	100.0M
Corporate and Reconciling Items	87.0M	96.0M	117.0M	108.0M	98.0M	93.0M	109.0M	105.0M	92.0M	83.0M	72.0M	72.0M	92.0M	78.0M	72.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

American Water Works revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Regulated Business	$1.3B	$1.1B	$1.3B	$1.2B	93%
Market Based Businesses and Other	–	–	–	–	7%

In USD, fiscal quarters as reported; share = part of Q3 FY22 revenue.

American Water Works revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Water Services	$1.1B	$988.0M	$1.2B	$1.1B	90%
Wastewater Services	$113.0M	$107.0M	$113.0M	$107.0M	9%
Miscellaneous Utility Charge	$12.0M	$12.0M	$13.0M	$14.0M	1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are American Water Works's business segments?

Regulated Business and Market Based Businesses and Other (as reported for Q3 fiscal 2022).

Which business segment makes the most money for American Water Works?

Regulated Business: $1.00 billion, or 93% of revenue, in Q3 fiscal 2022.

What are American Water Works's main products and services?

By revenue in Q2 fiscal 2026: Water Services (90%), Wastewater Services (9%) and Miscellaneous Utility Charge (1%).

MoreAmerican Water Works stock overview American Water Works financials American Water Works executive team American Water Works shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.