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Global Water Resources Q2 Earnings and Revenues Meet Estimates

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Key Takeaways

  • GWRS Q2 EPS of 6 cents matched estimates but fell 14.3% year over year on higher depreciation.
  • Q2 revenues rose 5.4% to $14M, fueled by connection growth, consumption and rate increases.
  • Water consumption grew 8.2% to 1.2B gallons, with active service connections up 3.8% to 65,639.

Global Water Resources (GWRS - Free Report) recorded second-quarter 2025 adjusted earnings of 6 cents per share, which was in line with the Zacks Consensus Estimate. 
The metric decreased from the year-ago quarter’s figure of 7 cents per share by 14.3%. The year-over-year decline was due to the company’s capital improvement plan. This was due to a related increase in depreciation expense.

GWRS’ Total Revenues

Second-quarter operating revenues totaled $14 million, which met with the Zacks Consensus Estimate. The top line increased 5.4% year over year, primarily due to organic connection growth, increased consumption and higher rates.

Water Services contributed $7.36 million to total revenues. The figure was up 10.5% year over year from $6.67 million reported in the year-ago quarter.

Wastewater and recycled water service contributed $6.87 million to total revenues and is up 0.5% year over year from $6.84 million reported in the year-ago quarter.

GWRS’s Operational Update

In the reported quarter, water consumption increased 8.2% to 1.2 billion gallons. Total active service connections at June 30, 2025, increased 3.8% to 65,639.

Net income in the second quarter decreased to $1.6 million from $1.7 million. 

The company invested $20.2 million in infrastructure projects to support existing utilities and continued growth.

GWRS’ Financial Update

As of June 30, 2025, GWRS had cash and cash equivalents of $10.2 million compared with $9.04 million as of Dec. 31, 2024.

As of June 30, 2025, its net long-term debt totaled $116.8 million compared with $118.5 million as of Dec. 31, 2024.

Cash flow from operating activities in the first half of 2025 was nearly $8.8 million compared with $13.6 million in the year-ago period.

GWRS’ Zacks Rank

Global Water Resources currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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