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Consolidated Water vs Global Water Resources: CWCO and GWRS compared
Consolidated Water is the larger company: $32.9M of revenue in its latest quarter (Q2 2026) against $16.3M for Global Water Resources (Q3 2026). Global Water Resources is growing faster (+5% against -2% a year earlier). Global Water Resources is more profitable, with an operating margin of 14.7% against 11.4%.
Where the money goes: CWCO and GWRS
Consolidated Water (CWCO) · Q2 2026
Consolidated Water, Q2 2026: revenue $32.9M (-2% year over year), operating margin 11.4%, net earnings $3.9M, operating cash flow $12.0M. The chart follows the revenue to costs, profit and cash.
Global Water Resources (GWRS) · Q3 2026
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 follows the revenue to costs, profit and cash.
| Consolidated Water (CWCO) | Global Water Resources (GWRS) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $32.9M | $16.3M |
| Revenue growth, Y/Y | -2% | +5% |
| Gross margin | 33.4% | — |
| Operating margin | 11.4% | 14.7% |
| Net earnings | $3.9M | $1.0M |
| Net margin | 12.0% | 6.2% |
| Operating cash flow | $12.0M | $6.9M |
| Free cash flow | $8.5M | $23K |
Where the revenue comes from
Consolidated Water
- Services revenue: $11.6M (35%)
- Bulk revenue: $9.9M (30%)
- Retail revenue: $8.7M (26%)
- Manufacturing revenue: $2.7M (8%)
Global Water Resources
- Water service: $9.0M (55%)
- Wastewater and recycled water service: $7.3M (45%)
Questions
Which is bigger, Consolidated Water or Global Water Resources?
Consolidated Water is the larger company: $32.9M of revenue in its latest quarter (Q2 2026) against $16.3M for Global Water Resources (Q3 2026).
Is Consolidated Water or Global Water Resources growing faster?
Global Water Resources is growing faster (+5% against -2% a year earlier).
Which is more profitable, Consolidated Water or Global Water Resources?
Global Water Resources is more profitable, with an operating margin of 14.7% against 11.4%.
More: Consolidated Water earnings · how Consolidated Water makes money · Global Water Resources earnings · how Global Water Resources makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.