Filing Flows › Consolidated Water (CWCO) › Q3 2026
Consolidated Water (CWCO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Consolidated Water (CWCO) reported revenue of $30.9M for the third quarter 2026 (Q3 2026), -12% from a year earlier and -6% from the quarter before. Operating margin was 6.7%, net earnings $2.3M (7.5% of revenue).
Consolidated Water, Q3 2026: revenue $30.9M (-12% year over year), operating margin 6.7%, net earnings $2.3M, operating cash flow $541K. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.9M | -6% | -12% |
| Gross profit | $9.8M | -10% | -24% |
| Operating profit | $2.1M | -44% | -64% |
| Net earnings | $2.3M | -41% | -58% |
| Operating cash flow | $541K | -95% | -96% |
What changed
Revenue was $30.9M in Q3 2026, down 12% year over year and down 6% from the previous quarter. Bulk revenue was the largest line at 33% of revenue. Services revenue lost $4.5M year over year (down 32%), 108% of the total change.
Gross margin was 31.8%, down 5.1 points from Q3 2025. Operating profit was $2.1M, a 6.7% margin (down 9.7 points year over year). Operating expenses grew 8% against a revenue fall of 12%. Net earnings were $2.3M, down 58% year over year. The effective tax rate was 4.9%.
Operating cash flow was $541K (down 96% year over year), 22% of net income including minority interests. Non-cash charges added back $1.8M of depreciation and amortization and $395K of share-based compensation. Working capital and other items used $4.1M. Capital expenditures of $938K exceeded it, leaving free cash flow of −$396K.
Questions
What was Consolidated Water's revenue in the third quarter 2026?
Consolidated Water (CWCO) reported revenue of $30.9M for the third quarter 2026 (Q3 2026), -12% from a year earlier and -6% from the quarter before.
Was Consolidated Water profitable in the third quarter 2026?
Operating profit was $2.1M (6.7% of revenue) and net earnings $2.3M.
Source: Consolidated Water 10-Q on SEC EDGAR.