Global Water Q1 FY26 turns to net loss of USD 366,000; revenue rises 6.7% to USD 13.29 million

Global Water

Global Water

GWRS

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  • Global Water Resources reported Q1 revenue rose 6.7% to $13.3 million, while results swung to a net loss of $0.4 million, or $(0.01) per share.
  • Adjusted EBITDA was flat year over year at $5.6 million.
  • Active service connections increased 5.7% to 68,885, while water consumption climbed 7.9% to 902 million gallons.
  • Filed a rate-case settlement with Arizona regulators that includes an approximately $2.3 million increase in GW-Santa Cruz annual revenue requirement, with new rates requested to take effect Nov. 1, 2026.
  • Extended a $20 million revolving credit facility to May 18, 2028, while CEO Ron Fleming said the settlement provides a clearer path to notable rate increases later this year.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Water Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605131632PRIMZONEFULLFEED9719826) on May 13, 2026, and is solely responsible for the information contained therein.