For the quarter ending 2026-03-31, CWT made $197,334K in revenue. $4,037K in net income. Net profit margin of 2.05%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue from contracts with customers | 197,334 | - | - | - |
| Regulatory balancing account revenue | 17,239 | - | - | - |
| Operating revenue | 214,573 | 135,857* | 311,235 | 264,954 |
| Purchased water | - | 22,594* | - | - |
| Purchased power | - | 11,277* | - | - |
| Pump taxes | - | 6,059* | - | - |
| Water production costs | 71,329 | - | 102,703 | 85,503 |
| Administrative and general | 33,686 | 37,240* | 36,237 | 33,317 |
| Other operations | 31,233 | 32,381* | 33,455 | 31,695 |
| Maintenance | 8,366 | 7,719* | 9,812 | 9,043 |
| Depreciation and amortization | 39,964 | 36,145* | 36,118 | 36,029 |
| Income tax expense | 74 | -15,115* | 10,639 | 6,915 |
| Property and other taxes | 11,757 | 10,827* | 11,656 | 10,643 |
| Total operating expenses | 196,409 | 149,124* | 240,620 | 213,145 |
| Net operating income | 18,164 | -13,267* | 70,615 | 51,809 |
| Revenue from contracts with customers | 4,635 | - | 4,764 | - |
| Lease revenue | 586 | - | 585 | - |
| Non-regulated revenue | 5,221 | 5,386* | 5,349 | 4,911 |
| Non-regulated expenses | 5,457 | 6,663* | 2,456 | 2,868 |
| Other components of net periodic benefit credit | -3,972 | -4,524* | -4,548 | -4,589 |
| Allowance for equity funds used during construction | 2,079 | 1,645* | 2,145 | 1,898 |
| Income tax expense on other income and expenses | 1,391 | 2,322* | 1,960 | 1,752 |
| Net other income | 4,424 | 2,570* | 7,626 | 6,778 |
| Interest expense | 19,619 | 17,027* | 18,113 | 17,464 |
| Allowance for borrowed funds used during construction | 1,068 | 823* | 988 | 927 |
| Net interest expense | 18,551 | 16,204* | 17,125 | 16,537 |
| Net income | 4,037 | -26,901* | 61,116 | 42,050 |
| Net loss attributable to noncontrolling interest | 0 | -15* | -114 | -118 |
| Net income attributable to california water service group | 4,037 | -26,886 | 61,230 | 42,168 |
| Basic EPS | 0.07 | -0.451 | 1.03 | 0.71 |
| Diluted EPS | 0.07 | -0.451 | 1.03 | 0.71 |
| Basic Average Shares | 59,699,000 | 59,551,000 | 59,585,000 | 59,574,000 |
| Diluted Average Shares | 59,771,000 | 59,617,000 | 59,653,000 | 59,629,000 |
CALIFORNIA WATER SERVICE GROUP (CWT)
CALIFORNIA WATER SERVICE GROUP (CWT)