Global Water Resources Q3 revenue up 5.0%, but net income falls to $1.0 million
Global Water Resources reported third-quarter 2026 revenue of $16.3 million, up 5.0% year over year, while net income fell $0.7 million to $1.0 million, or $0.03 per diluted share. Management attributed the profit decline mainly to higher depreciation and net interest expense from recent rate base investments, and nine-month revenue rose 12.2%.
Key points
- Q3 2026 total revenue rose 5.0% to $16.3 million; net income was $1.0 million, or $0.03 per diluted share, versus $1.7 million, or $0.06, in Q3 2025.
- Nine-month revenue rose 12.2% to $47.4 million; nine-month net income was $3.4 million, or $0.12 per diluted share, versus $3.9 million, or $0.15.
- Depreciation, amortization and accretion rose 30.4% in the quarter to $4.6 million, from $3.6 million.
- The ACC is scheduled to deliberate the GW-Santa Cruz and GW-Palo Verde settlement at its November 4, 2026 open meeting; if approved, new GW-Santa Cruz rates take effect December 1, 2026.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing 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 November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.