secwatch.observer — SEC 8-K summary
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Issuer:     CALIFORNIA WATER SERVICE GROUP (CWT)
CIK:        0001035201
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001104659-26-051949
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CWT Q1 net income drops to $4.0M; receives revised CA GRC authorizing $90.5M revenue increase in 2026
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- Q1 2026 net income $4.0M ($0.07 diluted EPS) vs $13.3M ($0.22) in Q1 2025; revenue up to $214.6M from $204.0M.
- Revised PD on 2024 CA GRC authorizes revenue increases: $90.5M (10.9%) in 2026, $43.2M (4.7%) in 2027, $48.9M (5.1%) in 2028; final decision expected April 30, 2026.
- Acquiring Nexus Water Group's NV and OR systems for ~$218M; adds ~36,000 customers and ~$109M rate base.
- Infrastructure investment $129.4M in Q1; expects up to $627M in 2026.
- Dividend increased 8% to $1.34 annual; Q2 dividend $0.3350 payable May 22, 2026 to holders of record May 11, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035201/000110465926051949/0001104659-26-051949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035201/000110465926051949/tm2613168d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-051949

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