HTO — what changed in the latest 10-Q
A section-by-section comparison of HTO's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-26 vs the prior 10-Q · 2026-07-28
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +18 | −13 | ~30 | 52 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | Text added/removed | +4 | −2 | 0 | 5 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~2 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-26
Three months ended September 30,Nine months ended September 30,
Three months ended September 30,Nine months ended September 30,
Three months ended September 30,Nine months ended September 30,
Non-recurring tax adjustment due to merger, acquisition and integration related activities2
Non-recurring tax adjustment due to merger, acquisition and integration related activities0.01 — 0.01 —
Text removed vs the prior filing · source: 10-Q · 2026-07-28
(Gain) loss on sale of real estate investments, net of tax— — — —
1 Included in the "Administrative and general" and “Other, net” lines on the consolidated statements of comprehensive income.
2 The tax effect on all adjustments is calculated at the applicable statutory rate.
Increase of $4.7 million for water and $0.3 million for sewer
In the six months ended June 30, 2026, H2O America generated cash flow from operations of $104.4 million compared to $104.0 million during six months ended June 30, 2025. Cash flow from operations are primarily generated by net income from revenue producing activities, adjusted for non-cash expenses…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-10-26
For the three and nine months ended September 30, 2026, the Company received cash proceeds of $0.1 million and $11.1 million, respectively, from legal settlements with Tyco Fire Products LP, BASF Corporation, and 3M Company related to PFAS contamination. For the three months ended September 30, 2026…
For the three and nine months ended September 30, 2025, the Company received cash proceeds of $14.7 million and $21.2 million, respectively, in connection with a legal settlement with 3M Company related to PFAS contamination. For the three months ended September 30, 2025, the total proceeds of $14.7…
As of September 30, 2026, the Company has received aggregate cash proceeds of $36.2 million from MDL court approved settlements. The proceeds have been allocated as follows: SJWC received $24.4 million; CWC received $11.1 million; and MWC received $0.7 million, which includes $0.5 million payable to…
H2O America is entitled to receive additional cash proceeds from 3M Company in the subsequent seven years, pursuant to the terms of the settlement agreement. The total estimated proceeds to be received during this period are approximately $5.6 million.
Text removed vs the prior filing · source: 10-Q · 2026-07-28
For the three and six months ended June 30, 2026, the Company received $11.0 million from legal settlements with Tyco Fire Products LP, BASF Corporation, and 3M Company related to PFAS contamination, allocated as follows: SJWC received $7.4 million; CWC received $3.5 million; and MWC received $0.1 m…
H2O America is entitled to receive additional cash proceeds from 3M Company in the subsequent seven years, pursuant to the terms of the settlement agreement. The total estimated proceeds to be received during this period are approximately $5.7 million.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice