California Water Service Q3 revenue rises 3.9% to $311.2 million; EPS flat at $1.03
California Water Service Group reported third-quarter 2025 results, with revenue up 3.9% to $311.2 million and net income of $61.2 million, or $1.03 per diluted share, roughly flat with the prior-year quarter. Nine-month GAAP net income fell 31.8% to $116.7 million, mainly because the prior year included $64.0 million of after-tax 2023 interim rate relief, while the company also declared its 323rd consecutive quarterly dividend of $0.30 per share.
Key points
- Q3 2025 revenue was $311.2 million, up $11.6 million or 3.9% from $299.6 million in Q3 2024.
- Q3 2025 net income was $61.2 million and diluted EPS was $1.03, consistent with Q3 2024.
- Year-to-date GAAP net income was $116.7 million, or $1.96 per diluted share, versus $2.93 a year earlier; non-GAAP net income rose 9.9%.
- The Board declared a quarterly dividend of $0.30 per share, and in the third quarter Cal Water's 2024 General Rate Case interim increases were authorized effective January 1, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 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 October 30, 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.