California Water Service Group Q2 net income rises to $42.2 million, $0.71 per share
California Water Service Group reported second-quarter 2025 revenue of $265.0 million, up 8.5% from a year earlier, and net income of $42.2 million, or $0.71 per diluted share, versus $0.70 in Q2 2024. For the first six months, net income fell 49.8% to $55.5 million, or $0.93 per diluted share, because the prior-year period included $64.0 million of net 2023 interim rate relief. The company's 2024 California general rate case remains under review, with a final hearing scheduled for August 5, 2025.
Key points
- Q2 2025 revenue rose $20.7 million, or 8.5%, to $265.0 million; rate changes added $23.9 million.
- Year-to-date net income was $55.5 million, or $0.93 per diluted share, down from $110.5 million, or $1.90, in the first half of 2024.
- Quarterly dividend of $0.30 per share declared, the 322nd consecutive quarterly dividend.
- The 2024 California general rate case final law and motion hearing is scheduled for August 5, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:39 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.