CALIFORNIA WATER SERVICE GROUP 1Q 2026: Revenue $5.22M, EPS $0.07— 10-Q Summary
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California Water Service Group reported Q1 2026 results with revenue of $5.22M, a 2.8% increase from $5.08M in the prior year. However, net income fell 69.7% to $4.04M, and diluted EPS dropped 68.2% to $0.07. Operating revenue rose 5.2% due to rate increases despite lower customer usage. Regulatory progress includes approved multi-year rate increases. Capital investment was high at $129.5M for Q1, with a full-year guidance of $580–$640M, including $79.2M for PFAS remediation. Major acquisitions are ongoing.
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