Global Water Resources Q3 2026 net income drops 42% to $1 million; revenue rises 5% to $16.3 million
GWRS•GWRS•GWRS•GWRS•Global Water Resources reported third-quarter 2026 net income of $1.01 million, down 42% year over year, while revenue increased 5% to $16.3 million. The company also completed a $10 million common-stock private placement and expanded revolving credit capacity to $30 million.
Third-quarter net income fell 42% year over year to $1.01 million, which the company attributed to higher depreciation and net interest expense. Revenue rose 5% to $16.3 million, driven by connection growth, increased consumption revenue and higher rates. Active service connections reached 69,797 at September 30, and quarterly infrastructure investment totaled $6.9 million. The company completed a $10 million common-stock private placement and expanded revolving credit capacity to $30 million.
