Filing Flows › Global Water Resources (GWRS) › Q2 2026
Global Water Resources (GWRS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Global Water Resources (GWRS) reported revenue of $17.8M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +34% from the quarter before. Operating margin was 25.4%, net earnings $2.7M (15.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.8M | +34% | +25% |
| Operating profit | $4.5M | 12× | +72% |
| Net earnings | $2.7M | — | +70% |
| Operating cash flow | $4.7M | +5% | +247% |
What changed
Revenue was $17.8M in Q2 2026, up 25% year over year and up 34% from the previous quarter. Water service was the largest line at 47% of revenue. Water service added $1.0M year over year (up 14%), 29% of the total change.
Operating profit was $4.5M, a 25.4% margin (up 7.0 points year over year). Of the extra revenue versus Q2 2025, 53% reached operating profit, above the 18% margin then. Total costs grew 14% against revenue growth of 25%. The fastest-growing cost line was Other operating costs (+24%). Net earnings were $2.7M, up 70% year over year. The effective tax rate was 26.2%.
Operating cash flow was $4.7M (up 247% year over year), 170% of net earnings. Non-cash charges added back $4.4M of depreciation and amortization and $229K of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $6.6M exceeded it, leaving free cash flow of −$2.0M.
Questions
What was Global Water Resources' revenue in the second quarter 2026?
Global Water Resources (GWRS) reported revenue of $17.8M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +34% from the quarter before.
Was Global Water Resources profitable in the second quarter 2026?
Operating profit was $4.5M (25.4% of revenue) and net earnings $2.7M.