Global Water Resources ( (GWRS) ) has released its Q3 earnings. Here is a breakdown of the information Global Water Resources presented to its investors.
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Global Water Resources, Inc. is a water resource management company based in Phoenix, Arizona, primarily engaged in providing water, wastewater, and recycled water services. The company operates within the regulated utility sector, focusing on sustainable water management practices.
In its latest earnings report for the quarter ended September 30, 2025, Global Water Resources reported a slight increase in total revenue compared to the previous year, driven by growth in both water and wastewater services. However, the company experienced a decline in net income due to increased operating expenses.
Key financial highlights include a 8.4% rise in total revenue to $15.5 million, with water service revenue increasing by 13.2% and wastewater service revenue growing by 3.1%. Despite the revenue growth, operating income decreased by 26.7% to $2.9 million, primarily due to higher operations and maintenance costs, as well as increased general and administrative expenses.
The company continues to expand its footprint, as evidenced by the acquisition of seven water systems from Tucson Water, which added approximately 2,200 service connections. This strategic acquisition is expected to enhance the company’s long-term growth prospects and operational efficiency.
Looking ahead, Global Water Resources remains focused on expanding its service areas and improving operational efficiencies. The management is optimistic about future growth opportunities, supported by ongoing regulatory developments and strategic acquisitions.