Global Water Resources (NASDAQ:GWRS) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Posted by Stanley Muller on Aug 13th, 2026

Global Water Resources (NASDAQ:GWRS – Get Free Report) issued its quarterly earnings results on Thursday. The utilities provider reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01, FiscalAI reports. Global Water Resources had a net margin of 3.53% and a return on equity of 3.53%.

Here are the key takeaways from Global Water Resources’ conference call:

Second-quarter revenue rose 24.8% to $17.8 million, while net income increased to $2.7 million, or $0.10 per diluted share, from $1.6 million, or $0.06, a year earlier. Adjusted EBITDA grew 15% to $7.9 million.
The Santa Cruz Water rate-case settlement contemplates approximately $1.9 million in annualized net revenue increases beginning November 1, 2026, pending an administrative law judge recommendation and Arizona Corporation Commission approval. Four additional utility rate reviews are expected to be filed in the first half of 2027, with potential new rates in 2028.
Significant 2025 capital investments and the Southwest Plant recommissioning continue to raise depreciation and operating costs, while medical expenses, power costs and higher interest expense also pressured results. Management said new rates are needed to recover inflation and earn returns on recent investments.
Active service connections increased 5.8% year over year to 69,429, including acquisitions, while organic growth was 2.7%; management said the latest three-month organic growth rate improved to 3.2%. Phoenix-area single-family permits declined 4.7% year over year in the second quarter, although management expects long-term regional growth driven by economic development and transportation improvements.
Management highlighted major regional investments, including Intel, TSMC and the State Route 347 widening, alongside growing multifamily and commercial development. Executives believe these projects could accelerate customer and revenue growth over the next two to three years, while G&A controls are expected to keep costs broadly flat.

Global Water Resources Stock Up 16.8%

Shares of GWRS stock traded up $1.28 during trading hours on Thursday, reaching $8.89. The company had a trading volume of 346,641 shares, compared to its average volume of 94,306. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.68 and a current ratio of 0.68. Global Water Resources has a twelve month low of $6.55 and a twelve month high of $11.17. The company has a market capitalization of $256.03 million, a P/E ratio of 127.00 and a beta of 0.91. The stock’s fifty day simple moving average is $7.17 and its 200 day simple moving average is $7.62.

Global Water Resources Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be given a $0.0253 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 3.4%. Global Water Resources’s dividend payout ratio is presently 428.57%.

Insiders Place Their Bets

In other Global Water Resources news, COO Christopher D. Krygier bought 5,389 shares of Global Water Resources stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $6.87 per share, for a total transaction of $37,022.43. Following the purchase, the chief operating officer owned 10,485 shares in the company, valued at $72,031.95. This represents a 105.75% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Michael J. Liebman purchased 7,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were bought at an average cost of $6.89 per share, with a total value of $48,230.00. Following the transaction, the chief financial officer directly owned 7,000 shares of the company’s stock, valued at approximately $48,230. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders own 53.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GWRS. Heartland Advisors Inc. increased its holdings in shares of Global Water Resources by 52.6% in the 4th quarter. Heartland Advisors Inc. now owns 686,500 shares of the utilities provider’s stock valued at $5,801,000 after acquiring an additional 236,500 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Global Water Resources during the fourth quarter worth about $609,000. Rothschild Wealth LLC acquired a new stake in shares of Global Water Resources in the 4th quarter worth about $296,000. Geode Capital Management LLC boosted its stake in Global Water Resources by 10.3% during the 2nd quarter. Geode Capital Management LLC now owns 299,330 shares of the utilities provider’s stock valued at $3,050,000 after purchasing an additional 27,850 shares during the period. Finally, Focus Partners Wealth bought a new position in Global Water Resources in the 3rd quarter worth about $262,000. 27.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on GWRS shares. Weiss Ratings restated a “sell (d+)” rating on shares of Global Water Resources in a report on Wednesday, May 20th. Wall Street Zen upgraded Global Water Resources from a “strong sell” rating to a “sell” rating in a report on Saturday, June 13th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $15.00.

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Global Water Resources Company Profile

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Global Water Resources, Inc (NASDAQ:GWRS) is a publicly traded holding company based in Scottsdale, Arizona, specializing in the ownership and management of water and wastewater utilities. The company provides critical potable water delivery, wastewater collection and treatment, and reclaimed water services to residential, commercial and industrial customers across select communities in Central and Southern Arizona.

The company operates multiple regulated utility systems, serving communities such as Anthem, Biltmore, Florence and San Tan Valley.