California Water Service Q2 FY26 net income rises 33.89% to $56.5 million; revenue climbs 16.45% to $308.6 million

Reuters2026/07/30 01:05

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California Water Service Group Q2 2026 net income rose 33.89% to $56.5 million; diluted EPS climbed to $0.93 from $0.71.
Revenue increased 16.45% to $308.6 million.
Year-to-date net income edged up 9.01% to $60.5 million; diluted EPS rose to $1.01 from $0.93.
Year-to-date revenue grew 11.66% to $523.2 million, reflecting recognition of interim rates memorandum account balances accrued since Jan. 1, 2026.
Implemented new rates from the 2024 California GRC decision on July 1; raised $88 million via the ATM equity program in Q2.

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 on July 29, 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 Q2 FY26 net income rises 33.89% to $56.5 million; revenue climbs 16.45% to $308.6 million

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