California Water Service (CWT) Net Income (2009 - 2026)
California Water Service (CWT) posted quarterly Net Income of $35.5 million for Q2 2026, up 33.61% year-over-year from $26.6 million in Q2 2025, and up 2019.33% quarter-over-quarter from -$1.9 million in Q1 2026.
Analysis
California Water Service (CWT) Net Income (2009 - 2026) Analysis & Trends
California Water Service's Net Income history runs 18 years deep, the most recent figure standing at $35.5 million for Q2 2026.
- In Q2 2026, Net Income rose 33.61% year-over-year to $35.5 million; the TTM figure through Jun 2026 stood at $82.5 million (up 6.44% YoY), while the FY2025 annual figure was $84.6 million, down 32.36% from the prior year.
- Net Income for Q2 2026 stood at $35.5 million, up from -$1.9 million in the prior quarter.
- The five-year high for Net Income was $59.8 million in Q4 2023, with the low at -$25.6 million in Q1 2023.
- The 5-year median for Net Income is $24.9 million (2023), against an average of $21.7 million.
- The sharpest annual moves came in 2023 and 2024: Net Income tumbled 2781.1% in 2023, then surged 1561.6% in 2024.
- California Water Service's Net Income stood at $37.8 million in 2022, then jumped by 58.09% to $59.8 million in 2023, then slumped by 81.16% to $11.3 million in 2024, then retreated by 29.32% to $8.0 million in 2025, then soared by 346.39% to $35.5 million in 2026.
- Business Quant data shows CWT's Net Income at $35.5 million in Q2 2026, -$1.9 million in Q1 2026, and $8.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.55 Bn | 27.36 Bn | 874.00 Mn | 315.00 Mn |
| 2 | Essential Utilities | 11.89 Bn | 11.88 Bn | 377.22 Mn | 105.73 Mn |
| 3 | American States Water | 3.51 Bn | 3.49 Bn | 169.26 Mn | 43.27 Mn |
| 4 | California Water Service | 3.04 Bn | 2.95 Bn | 263.45 Mn | 35.55 Mn |
| 5 | H2O America | 2.71 Bn | 2.60 Bn | 197.11 Mn | 26.57 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 14.77 Mn |
| 7 | York Water | 544.88 Mn | 544.33 Mn | 17.56 Mn | 7.62 Mn |
| 8 | Consolidated Water | 466.57 Mn | 333.94 Mn | 10.96 Mn | 4.10 Mn |
| 9 | Artesian Resources | 372.32 Mn | 362.52 Mn | 29.37 Mn | 4.01 Mn |
| 10 | Cadiz | 344.58 Mn | 339.26 Mn | -24,000.00 | -11.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.55 Mn |
| Mar 31, 2026 | -1.85 Mn |
| Dec 31, 2025 | 13.12 Mn |
| Sep 30, 2025 | 40.89 Mn |
| Jun 30, 2025 | 26.61 Mn |
| Mar 31, 2025 | 3.96 Mn |
| Dec 31, 2024 | 19.15 Mn |
| Sep 30, 2024 | 35.73 Mn |
| Jun 30, 2024 | 24.14 Mn |
| Mar 31, 2024 | 45.95 Mn |
| Dec 31, 2023 | 18.79 Mn |
| Sep 30, 2023 | 25.67 Mn |
| Jun 30, 2023 | 1.45 Mn |
| Mar 31, 2023 | -25.61 Mn |
| Dec 31, 2022 | 15.96 Mn |
| Sep 30, 2022 | 47.38 Mn |
| Jun 30, 2022 | 14.49 Mn |
| Mar 31, 2022 | -889,000.00 |
| Dec 31, 2021 | -287,000.00 |
| Sep 30, 2021 | 58.01 Mn |