H2O AMERICAHTOEarnings & Financial Report
H2O Wireless is a United States-based prepaid cell phone service, that utilizes the AT&T network. It is a brand of the mobile virtual network operator (MVNO) Locus Telecommunications, a subsidiary of Telrite Holdings, Inc., since 2019. Locus was formerly a subsidiary of KDDI America corporation, starting in 2010. H2O Wireless is primarily advertised as a non-restrictive phone service for customers to bring or buy unlocked smartphones, although AT&T contract/locked phones may be accepted as well.
HTO Q3 2025 Key Financial Metrics
Revenue
$243.5M
Gross Profit
N/A
Operating Profit
$64.6M
Net Profit
$45.1M
Gross Margin
N/A
Operating Margin
26.5%
Net Margin
18.5%
YoY Growth
12.4%
EPS
$1.27
Financial Flow
H2O AMERICA Q3 2025 Financial Summary
H2O AMERICA reported revenue of $243.5M for Q3 2025, with a net profit of $45.1M (18.5% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $243.5M |
|---|---|
| Net Profit | $45.1M |
| Gross Margin | N/A |
| Operating Margin | 26.5% |
| Report Period | Q3 2025 |
H2O AMERICA Annual Revenue by Year
H2O AMERICA annual revenue history includes year-by-year totals (for example, 2024 revenue was $736.3M).
| Year | Annual Revenue |
|---|---|
| 2024 | $736.3M |
| 2023 | $678.2M |
| 2022 | $586.9M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $170.9M | $150.0M | $173.1M | $216.7M | $196.5M | $164.9M | $197.8M | $243.5M |
| YoY Growth | 16.6% | 10.4% | 8.4% | 2.3% | 15.0% | 9.9% | 14.3% | 12.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.35B | $4.37B | $4.44B | $4.55B | $4.66B | $4.73B | $4.85B | $5.01B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $1.23B | $1.24B | $1.27B | $1.33B | $1.37B | $1.40B | $1.47B | $1.52B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $31.5M | $51.2M | $49.3M | $53.5M | $41.5M | $43.2M | $60.8M | $77.3M |
