California Water Service Group Q2 FY26 net income climbs 33.9% to $56.5 million; revenue rises to $308.6 million

Reuters2026/07/30 00:44

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California Water Service Group Q2 2026 net income rose 33.88% to $56.5 million; diluted EPS climbed to $0.93 from $0.71.
Revenue increased 16.45% to $308.6 million, reflecting retroactive recognition tied to the 2024 California General Rate Case decision.
Operating expenses grew 11.52% to $237.7 million, on higher water production costs and other operations expenses.
Invested a record $147 million in Q2 infrastructure; targets up to $627 million of investment in 2026 under the final 2024 CA GRC framework.
Progressed Nexus Water Group Nevada and Oregon acquisition valued at about $218 million; declared a $0.3350 quarterly dividend payable Aug. 21.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. California Water Service Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607292044PRIMZONEFULLFEED9800684) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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California Water Service Group Q2 FY26 net income climbs 33.9% to $56.5 million; revenue rises to $308.6 million

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