Earnings ·
Global Water Resources, Inc. reported second-quarter 2026 financial results for the period ended June 30, 2026
GWRSGlobal Water Resources, Inc.
Global Water Resources, Inc. reported second-quarter 2026 financial results for the period ended June 30, 2026. Total revenue increased 24.8% year-over-year to $17.8 million, driven by $2.1 million in unregulated infrastructure coordination and financing agreement (ICFA) revenue and the July 2025 acquisition of seven water systems from Tucson Water. Net income rose to $2.7 million, or $0.10 per diluted share, compared to $1.6 million, or $0.06 per diluted share, in the prior-year quarter. Adjusted EBITDA grew 14.6% to $7.9 million. The company declared a monthly cash dividend of $0.02533 per common share, payable on August 31, 2026, to shareholders of record as of August 17, 2026. Active service connections increased 5.8% year-over-year to 69,429. The company also secured an extension of its $20 million revolving line of credit to May 18, 2028, and advanced regulatory proceedings for rate cases in Arizona. Global Water Resources operates water, wastewater, and recycled water utilities primarily in growth corridors around metropolitan Phoenix and Tucson.