Global Water Resources IncRate case settlement for GW-Santa Cruz increases net revenues by $1.9M effective Nov 1, 2026, boosting future revenue.

Global Water Resources announced that its recently settled rate case for its largest water utility, GW-Santa Cruz, contemplates net increased revenues of approximately $1.9 million effective November 1, 2026. The company reported second quarter 2026 total revenue of $17.8 million, up 24.8% year over year, while net income was $2.7 million, or $0.10 per diluted share. Total active service connections increased 5.8% to 69,429 as of June 30, 2026. Management noted that higher depreciation and inflationary costs continue to pressure earnings, and it has started working on rate reviews for four additional utilities with filings anticipated in the first half of 2027.
Global Water Resources IncRate case settlement for GW-Santa Cruz increases net revenues by $1.9M effective Nov 1, 2026, boosting future revenue.