SJW Group Q1 2025 diluted EPS rises 36% to $0.49; 2025 guidance affirmed
SJW Group reported first quarter 2025 results, with GAAP diluted EPS of $0.49 versus $0.36 a year earlier and operating revenue of $167.6 million, up 12%. The company affirmed its 2025 adjusted diluted EPS guidance of $2.90 to $3.00 and declared a $0.42 quarterly dividend, so shareholders see higher earnings and unchanged guidance. The filing names the registrant as SJW Group (NASDAQ: SJW).
Key points
- Operating revenue was $167.6 million versus $149.4 million, up 12%, driven largely by $17.2 million in rate increases.
- Net income was $16.6 million versus $11.7 million, up 41%; adjusted diluted EPS was $0.50 versus $0.36.
- Operating expenses rose 8% to $131.7 million, including a $7.2 million increase in water production expenses.
- 2025 adjusted diluted EPS guidance of $2.90 to $3.00 was affirmed; the $0.42 dividend is payable June 2, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 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 April 28, 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.