Filing Flows › Global Water Resources (GWRS) › Q2 2026 › vs Q2 2025
Global Water Resources (GWRS) Q2 2026 vs Q2 2025 (year over year)
Global Water Resources's revenue rose $3.5M (+25%) from $14.2M in Q2 2025 to $17.8M in Q2 2026. The biggest changes: Unregulated revenue +$2.1M (—); Water service +$1.0M (+14%); Wastewater and recycled water service +$379K (+6%). Operating margin 25.4% against 18.4% (+7.0 pts).
Global Water Resources, Q2 2026: revenue $17.8M (+25% year over year), operating margin 25.4%, net earnings $2.7M, operating cash flow $4.7M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 25.4% | 18.4% | +7.0 pts |
| Net margin | 15.5% | 11.3% | +4.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Water service | $8.4M | $7.4M | $1.0M | +14% |
| Wastewater and recycled water service | $7.3M | $6.9M | $379K | +6% |
| Unregulated revenue | $2.1M | $0 | $2.1M | — |
| Revenue | $17.8M | $14.2M | $3.5M | +25% |
| Operating profit | $4.5M | $2.6M | $1.9M | +72% |
| Costs & expenses | $13.3M | $11.6M | $1.6M | +14% |
| Pre-tax earnings | $3.7M | $2.2M | $1.5M | +67% |
| Other expense, net | $782K | $391K | $391K | +100% |
| General & admin | $4.3M | $4.4M | −$83K | -2% |
| Other operating costs | $9.0M | $7.2M | $1.7M | +24% |
| Net earnings | $2.7M | $1.6M | $1.1M | +70% |
| Income tax | $977K | $617K | $360K | +58% |
| Depreciation & amortization | $4.4M | $3.3M | $1.1M | +33% |
| Share-based compensation | $229K | $106K | $123K | +116% |
| Working capital & other | $2.7M | $3.7M | −$988K | -27% |
| Operating cash flow | $4.7M | $1.4M | $3.3M | +247% |
| Capital expenditures | $6.6M | $20.2M | −$13.5M | -67% |
| Negative free cash flow (OCF − capex) | $2.0M | $18.8M | −$16.9M | -90% |
Questions
How much did Global Water Resources's revenue grow year over year in Q2 2026?
Global Water Resources's revenue rose $3.5M (+25%) from $14.2M in Q2 2025 to $17.8M in Q2 2026.
What drove Global Water Resources's revenue change in Q2 2026?
Unregulated revenue +$2.1M (—); Water service +$1.0M (+14%); Wastewater and recycled water service +$379K (+6%).