Filing Flows › California Water Service (CWT) › Q2 2026 › vs Q1 2026
California Water Service (CWT) Q2 2026 vs Q1 2026 (quarter over quarter)
California Water Service's revenue rose $80.7M (+41%) from $197M in Q1 2026 to $278M in Q2 2026. Operating margin 25.5% against 9.2% (+16.3 pts).
California Water Service, Q2 2026: revenue $278M (+8% year over year), operating margin 25.5%, net earnings $56.5M, operating cash flow $63.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 25.5% | 9.2% | +16.3 pts |
| Net margin | 20.3% | 2.0% | +18.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $278M | $197M | $80.7M | +41% |
| Other income, net | $1.1M | −$12.7M | $13.8M | — |
| Operating profit | $70.9M | $18.2M | $52.7M | +290% |
| Costs & expenses | $207M | $179M | $28.0M | +16% |
| Pre-tax earnings | $72.0M | $5.5M | $66.5M | 13× |
| General & admin | $36.2M | $33.7M | $2.5M | +8% |
| Other operating costs | $171M | $145M | $25.4M | +17% |
| Net earnings | $56.5M | $4.0M | $52.4M | 14× |
| Income tax | $15.6M | $1.5M | $14.1M | +964% |
| Depreciation & amortization | $30.0M | $40.3M | −$10.3M | -25% |
| Share-based compensation | $1.7M | $600K | $1.1M | +183% |
| Working capital & other | $24.6M | −$4.5M | $29.0M | — |
| Operating cash flow | $63.6M | $49.4M | $14.2M | +29% |
Questions
How much did California Water Service's revenue grow quarter over quarter in Q2 2026?
California Water Service's revenue rose $80.7M (+41%) from $197M in Q1 2026 to $278M in Q2 2026. Operating margin 25.5% against 9.2% (+16.3 pts).