earnings
confidence high
sentiment positive
materiality 0.70
Global Water Resources Q2 revenue up 24.8% to $17.8M; net income $2.7M
Global Water Resources, Inc.
- Q2 revenue $17.8M (+24.8% YoY); regulated revenue $15.7M (+9.9%), unregulated ICFA $2.1M.
- Net income $2.7M ($0.10 diluted EPS) vs $1.6M ($0.06) in Q2 2025; adjusted EBITDA $7.9M (+14.6%).
- Active connections 69,429 (+5.8% YoY); organic growth 2.7% ex-Tucson acquisition; water consumption +6.1%.
- ACC settlement: GW-Santa Cruz rate increase ~$2.3M effective Nov 1, 2026; GW-Palo Verde case withdrawn, refile 2027.
- Dividend $0.02533 monthly ($0.30396 annualized), payable Aug 31, 2026; revolver extended to May 2028.