Filing Flows › Consolidated Water (CWCO) › Q2 2026
Consolidated Water (CWCO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Consolidated Water (CWCO) reported revenue of $32.9M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +10% from the quarter before. Operating margin was 11.4%, net earnings $3.9M (12.0% of revenue).
Consolidated Water, Q2 2026: revenue $32.9M (-2% year over year), operating margin 11.4%, net earnings $3.9M, operating cash flow $12.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.9M | +10% | -2% |
| Gross profit | $11.0M | +0.4% | -15% |
| Operating profit | $3.7M | +9% | -29% |
| Net earnings | $3.9M | +4% | -23% |
| Operating cash flow | $12.0M | +84% | +37% |
| Free cash flow | $8.5M | +75% | +39% |
What changed
Revenue was $32.9M in Q2 2026, down 2% year over year and up 10% from the previous quarter. Services revenue was the largest line at 35% of revenue. Manufacturing revenue lost $2.5M year over year (down 49%), 352% of the total change.
Gross margin was 33.4%, down 4.8 points from Q2 2025. Operating profit was $3.7M, a 11.4% margin (down 4.3 points year over year). Operating expenses fell 4% while revenue fell 2%. Net earnings were $3.9M, down 23% year over year. The effective tax rate was 6.1%.
Operating cash flow was $12.0M (up 37% year over year), 293% of net income including minority interests. Non-cash charges added back $1.8M of depreciation and amortization and $392K of share-based compensation. Working capital and other items added $5.8M. Capital expenditures of $3.5M left free cash flow of $8.5M.
Questions
What was Consolidated Water's revenue in the second quarter 2026?
Consolidated Water (CWCO) reported revenue of $32.9M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +10% from the quarter before.
Was Consolidated Water profitable in the second quarter 2026?
Operating profit was $3.7M (11.4% of revenue) and net earnings $3.9M.
Source: Consolidated Water 10-Q on SEC EDGAR.