Global Water Resources Q2 2026: Revenue Up 25%, Net Income $2.7M, Rate Case Settlement Progress
GWRS sits 16% above its 52-week low of $6.55 on elevated volume (1.9× avg).
Summary
Global Water Resources reported Q2 2026 revenue of $17.8 million, up 24.8% year-over-year, with net income of $2.7 million. The company also provided updates on its rate cases, including a proposed $2.3 million annual revenue increase for GW-Santa Cruz.
Key Events · Earnings and Guidance · GWRS
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Q2 Revenue Up 24.8%
Total revenue increased $3.5 million to $17.8 million, driven by $2.1 million in ICFA revenue, the Tucson acquisition, and organic growth.
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Net Income Rises 70.4%
Net income increased $1.1 million to $2.7 million, or $0.10 per diluted share, compared to $1.6 million, or $0.06 per share, in Q2 2025.
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Rate Case Settlement Progress
The company filed a settlement agreement with the ACC proposing a $2.3 million annual revenue increase for GW-Santa Cruz, with new rates requested effective November 1, 2026. GW-Palo Verde's rate case was withdrawn and will be refiled in 2027.
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Dividend Declared
Declared a monthly cash dividend of $0.02533 per share, payable August 31, 2026, to holders of record on August 17, 2026.
Analysis · GWRS · Energy & Transportation
Global Water Resources reported strong Q2 2026 results with revenue up 24.8% to $17.8 million and net income up 70.4% to $2.7 million. The growth was driven by the Tucson acquisition, $2.1 million in ICFA revenue, and organic connection growth. The company also provided a detailed regulatory update on its rate cases, including a proposed $2.3 million annual revenue increase for GW-Santa Cruz and the withdrawal of the GW-Palo Verde rate case. These results and regulatory developments are material for investors as they demonstrate the company's growth trajectory and progress on rate relief.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GWRS was trading at $7.61 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $218.9M. The 52-week trading range was $6.55 to $11.17. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.