---
schema_version: "secwatch.filing_event.v1"
accession: "0001434728-22-000367"
form_type: "8-K"
ticker: "GWRS"
cik: "0001434728"
company_name: "Global Water Resources, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:41:09.275941+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Global Water Q3 revenue +11%, net income +12.6%; ACC approves Farmers Water acquisition

## Summary
- Regulated revenue $11.9M (+11%); net income $1.7M ($0.07 EPS, +12.6%); Adj. EBITDA $6.1M (+21%).
- Active connections up 8.0% to 56,134; new rates phased-in from Aug 1, expected annualized rev increase ~$2.2M.
- ACC verbally approved Farmers Water Co. acquisition on Nov 9; signed order expected by year-end.
- Raised ~$14.9M from public offering; credit line increased from $10M to $15M.
- Declared monthly dividend of $0.02458/share ($0.29496 annualized), unchanged from prior quarter.

## SEC filing metadata
- accession: 0001434728-22-000367
- form_type: 8-K
- ticker: GWRS
- cik: 0001434728
- company_name: Global Water Resources, Inc.
- filed_at: 2022-11-10T23:59:59+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/1434728/000143472822000367/0001434728-22-000367-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434728/000143472822000367/gwrs-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001434728-22-000367
- JSON: https://secwatch.observer/filing/0001434728-22-000367.json
- Plain text: https://secwatch.observer/filing/0001434728-22-000367.txt

## Key facts
- Earnings Releases
  Global Water Resources, Inc. reported the third quarter ended September 30, 2022 results: revenue $11.9 million, net income $1.7 million, EPS $0.07 per share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $11.9 million
  - Net income: $1.7 million
  - EPS: $0.07 per share
  - Result: reported results
  source text: • Regulated revenues increased $1.2 million, or 11.0%, to $11.9 million during the third quarter of 2022 with the growth driven primarily by an 8.0% increase in active service connections and an increase in rates effective August 1, 2022, due to Rate Decision No. 78644. For the first nine months of 2022, regulated revenues increased $2.8 million or 8.9% to $33.6 million, with the increase also corresponding to the greater number of active service connections and the increase in rates. • Net income increased $0.2 million or 12.6% to $1.7 million or $0.07 per share in the third quarter. In the first nine months, net income totaled $4.7 million or $0.20 per share, an increase of $1.4 million or 43.5% compared to the same year-ago period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434728/000143472822000367/0001434728-22-000367-index.htm

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