---
schema_version: "secwatch.filing_event.v1"
accession: "0000766829-25-000035"
form_type: "8-K"
ticker: "HTO"
cik: "0000766829"
company_name: "H2O AMERICA"
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T05:23:30.241369+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SJW Group Q1 2025 diluted EPS $0.49 (+36% YoY); revenue $167.6M (+12%)

## Summary
- GAAP net income $16.6M (+41% YoY); adjusted diluted EPS $0.50 (+39%).
- Operating revenue $167.6M, driven by $17.2M rate increases and $1.0M higher usage.
- Infrastructure investment $78.2M in Q1; on track for $473M full-year capex.
- Declares $0.42 per share cash dividend, payable June 5 to May 15 record holders.
- Affirms FY2025 adjusted EPS guidance $2.90-$3.00; long-term EPS growth 5%-7% through 2029.

## SEC filing metadata
- accession: 0000766829-25-000035
- form_type: 8-K
- ticker: HTO
- cik: 0000766829
- company_name: H2O AMERICA
- filed_at: 2025-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766829/000076682925000035/0000766829-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766829/000076682925000035/sjw-20250428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766829-25-000035
- JSON: https://secwatch.observer/filing/0000766829-25-000035.json
- Plain text: https://secwatch.observer/filing/0000766829-25-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.