California Water Service Q2 FY26 net income rises 33.89% to $56.5 million; revenue climbs 16.45% to $308.6 million - CWT News | RalliesCalifornia Water Service Q2 FY26 net income rises 33.89% to $56.5 million; revenue climbs 16.45% to $308.6 million
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CWT• Q2 and year-to-date results
- California Water Service Group Q2 2026 net income rose 33.89% to $56.5 million; diluted EPS climbed to $0.93 from $0.71.
- Revenue increased 16.45% to $308.6 million.
- Year-to-date net income edged up 9.01% to $60.5 million; diluted EPS rose to $1.01 from $0.93.
- Year-to-date revenue grew 11.66% to $523.2 million, reflecting recognition of interim rates memorandum account balances accrued since Jan. 1, 2026.
- Implemented new rates from the 2024 California GRC decision on July 1; raised $88 million via the ATM equity program in Q2.
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