For Q1 FY2026 (ended March 31, 2026), California Water Service Group reported revenue of $197.3 million, up 8.0% year-over-year. Net income fell 69.7% to $4.0 million, and diluted EPS dropped 68.2% to $0.07. Operating income decreased 18.7% to $18.2 million. Long-term debt stood at $1.47 billion as of December 31, 2025.
•Revenue increased 8.0% YoY to $197.3 million.
•Net income declined 69.7% to $4.0 million.
•Diluted EPS fell 68.2% to $0.07.
•Operating income decreased 18.7% to $18.2 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
California Water Service Group, through its subsidiaries provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses for fire protection services. The company offers its services to approximately 500,000 customer connections in 20 separate districts.
Its portfolio also includes approximately 6,800 water and wastewater customer connections on the islands of Kauai, Maui, Oahu, and Hawaii, approximately 38,500 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas, and approximately 11,800 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, Monterey, and Cypress Gardens systems, as well as non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems.
Its portfolio also includes water system operation, meter reading, and billing services to private companies and municipalities, leasing of communication antenna sites on its properties, and billing of optional third-party insurance programs to its residential customers. Additionally, it provides wastewater collection and treatment services. Founded in 1926, California Water Service is headquartered in San Jose, California.
What does California Water Service Group (CWT) do?
California Water Service Group, through its subsidiaries, provides water utility and related services. Its core activities include the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as fire protection services. The company serves approximately 500,000 customer connections across 20 separate districts in California, Washington, New Mexico, Hawaii, and Texas. Additionally, it offers wastewater collection and treatment services, operates municipally owned water systems, and provides meter reading and billing services to private companies and municipalities. It also leases communication antenna sites on its properties and bills optional third-party insurance programs to residential customers.
Where is California Water Service Group (CWT) listed and in what currency?
California Water Service Group is listed on the New York Stock Exchange (NYSE) under the ticker symbol CWT. Its financials are reported in US Dollars (USD), reflecting its operations primarily in the United States.
What sector and industry does California Water Service Group (CWT) belong to?
California Water Service Group operates in the Utilities sector, specifically within the Utilities - Regulated Water industry. This means it is a regulated utility company focused on providing water and wastewater services to residential, commercial, and industrial customers, subject to oversight by state regulatory commissions.
Where is California Water Service Group (CWT) headquartered and what markets does it serve?
California Water Service Group is headquartered in San Jose, California, and was founded in 1926. It serves customers across five states: California, Washington, New Mexico, Hawaii, and Texas. In California, it operates 20 separate districts with about 500,000 customer connections. In Hawaii, it has approximately 6,800 water and wastewater connections on the islands of Kauai, Maui, Oahu, and Hawaii. In Washington, it serves about 38,500 connections in areas including Tacoma, Olympia, and Gig Harbor. In New Mexico, it has roughly 11,800 connections in communities such as Rio Communities and Elephant Butte.
How does California Water Service Group (CWT) generate revenue?
California Water Service Group generates revenue primarily through regulated water and wastewater utility services, charging customers for water production, treatment, and distribution. It also earns from non-regulated activities such as operating municipally owned water systems, providing meter reading and billing services to private companies and municipalities, leasing communication antenna sites on its properties, and billing optional third-party insurance programs to residential customers. The company's diverse portfolio includes approximately 500,000 customer connections in California, plus additional connections in Washington, New Mexico, Hawaii, and Texas, contributing to its revenue streams.