Filing Flows › Global Water Resources (GWRS) › Q3 2026 › vs Q3 2025
Global Water Resources (GWRS) Q3 2026 vs Q3 2025 (year over year)
Global Water Resources's revenue rose $782K (+5%) from $15.5M in Q3 2025 to $16.3M in Q3 2026. The biggest changes: Water service +$523K (+6%); Wastewater and recycled water service +$259K (+4%). Operating margin 14.7% against 18.8% (-4.1 pts).
Global Water Resources, Q3 2026: revenue $16.3M (+5% year over year), operating margin 14.7%, net earnings $1.0M, operating cash flow $6.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 14.7% | 18.8% | -4.1 pts |
| Net margin | 6.2% | 11.1% | -4.9 pts |
| Free cash flow margin | 0.1% | -36.0% | +36.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Water service | $9.0M | $8.5M | $523K | +6% |
| Wastewater and recycled water service | $7.3M | $7.0M | $259K | +4% |
| Revenue | $16.3M | $15.5M | $782K | +5% |
| Operating profit | $2.4M | $2.9M | −$529K | -18% |
| Costs & expenses | $13.9M | $12.6M | $1.3M | +10% |
| Pre-tax earnings | $1.4M | $2.4M | −$989K | -42% |
| Other expense, net | $1.0M | $565K | $460K | +81% |
| General & admin | $4.8M | $4.9M | −$132K | -3% |
| Other operating costs | $9.1M | $7.7M | $1.4M | +19% |
| Net earnings | $1.0M | $1.7M | −$712K | -41% |
| Income tax | $363K | $640K | −$277K | -43% |
| Depreciation & amortization | $4.6M | $3.6M | $1.1M | +30% |
| Share-based compensation | $257K | $435K | −$178K | -41% |
| Working capital & other | $1.0M | $2.9M | −$1.9M | -65% |
| Operating cash flow | $6.9M | $8.6M | −$1.7M | -20% |
| Free cash flow (OCF − capex) | $23K | −$5.6M | $5.6M | — |
| Capital expenditures | $6.9M | $14.2M | −$7.3M | -52% |
Questions
How much did Global Water Resources's revenue grow year over year in Q3 2026?
Global Water Resources's revenue rose $782K (+5%) from $15.5M in Q3 2025 to $16.3M in Q3 2026.
What drove Global Water Resources's revenue change in Q3 2026?
Water service +$523K (+6%); Wastewater and recycled water service +$259K (+4%).