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Nasdaq · Utilities

Global Water Resources, Inc. (GWRS)

As-reported financials and SEC filings for Global Water Resources, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Global Water Resources, Inc.

Global Water Resources, Inc. operates water, wastewater, and recycled water public utility systems primarily in metropolitan Phoenix and Tucson, Arizona. The company serves over 121,000 people in about 40,000 homes, providing regulated utility services focused on sustainable water management. It employs an integrated approach called Total Water Management, which includes water reuse, regional planning, advanced technology, and community partnerships to address water scarcity and promote environmental and economic benefits.

Snapshot

Revenue
$55.8M
Revenue growth (YoY)
5.8%
Net income
$3.0M
Diluted EPS
$0.11
Gross margin
Operating margin
12.8%
Net margin
5.3%
FCF margin
-84.6%
ROE
3.4%
net income / fiscal-year-end equity
P/E
83.4×
trailing when available, otherwise FY EPS
Market cap
$264.1M
Long-term debt / equity
1.50×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Global Water Resources

  • Revenue grew 5.8% to $56M in FY2025, after a 0.6% decline the year before.
  • Operating margin is 12.8% in FY2025, -3.8 pp against 16.7% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $18M, up 24.8% from Q2 FY2025.
  • Free cash flow was negative $47M in FY2025.
  • Net income fell 48.9% to $3M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Global Water Resources’s fundamentals sit among the 98 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin12.8%
26th percentile of 86
Net margin5.3%
22nd percentile of 91
FCF margin-84.6%
Lowest of 76
Revenue growth (YoY)+5.8%
37th percentile of 94
ROE3.4%
20th percentile of 89
P/E83.4×
98th percentile of 83
Long-term debt / equity1.50×
72nd percentile of 84
Short interest3.30d
29th percentile of 98

Global Water Resources’s FCF margin of -84.6% is the lowest of the 76 Utilities companies reporting it. Global Water Resources’s P/E of 83.4 ranks in the 98th percentile of the 83 peers with a meaningful P/E.

2 reported insider purchases (code P) totaling $7.0M in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+4 quant / multi-strat
Initiated / added
3
2 new, 1 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$3.1M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$1.5M211.8KAdded
Renaissance TechnologiesquantQ2 2026$1.2M171.9KReduced
Citadel AdvisorsquantQ2 2026$244,72633.8KNew
Point72 Asset ManagementquantQ2 2026$90,54312.5KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
2
2 insiders
Bought (90d)
$7.0M
code P value
Sells (90d)
0
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-08-20
filed 2026-08-21
Levine Jonathan LDirectorBuy651.6K$8.85$5.8M
2026-08-20
filed 2026-08-21
Cohn Andrew M.DirectorBuy139.3K$8.85$1.2M
2026-05-20
filed 2026-05-22
Liebman Michael JCFO and Corporate SecretaryBuy5.5K$6.90$38K
2026-05-20
Krygier Christopher DChief Operating OfficerBuy5.1K$6.87$35K
2026-05-20
filed 2026-05-22
Liebman Michael JCFO and Corporate SecretaryBuy800$6.89$6K
2026-05-20
filed 2026-05-22
Liebman Michael JCFO and Corporate SecretaryBuy700$6.86$5K
2026-05-20
Krygier Christopher DChief Operating OfficerBuy294$6.80$2K
2026-05-20
Krygier Christopher DChief Operating OfficerBuy29$6.79$197
2026-05-19
filed 2026-05-20
Lenderking John CarrollSVP, Water ResourcesBuy700$6.84$5K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
422.8K
settled 2026-08-14
Change vs prior
+16.9%
vs previous settlement
Days to cover
3.30
at avg daily volume
Avg daily volume
128.1K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14422.8K+16.9%3.30
2026-07-31361.5K-11.2%4.31
2026-07-15407.1K+13.8%4.65
2026-06-30357.9K+1.3%1.99
2026-06-15353.2K+8.6%2.72
2026-05-29325.2K-10.8%2.34
2026-05-15364.8K+16.1%4.08
2026-04-30314.3K-7.2%5.30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$55.8M$52.7M$53.0M$44.7M$41.9M
Gross profit
Operating income$7.2M$9.4M$12.3M$7.8M$7.0M
Net income$3.0M$5.8M$8.0M$5.5M$3.6M
Diluted EPS$0.11$0.24$0.33$0.24$0.16

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$4.1M$9.0M$3.1M$6.6M$12.6M
Current assets$14.6M$19.5M$11.7M$14.2M$19.0M
Total assets$482.9M$405.1M$361.1M$323.1M$294.1M
Current liabilities$19.2M$22.3M$14.2M$16.2M$16.9M
Long-term debt$129.8M$118.5M$101.3M$104.9M$108.7M
Total liabilities$396.3M$357.5M$312.5M$278.7M$264.0M
Total equity$86.6M$47.6M$48.6M$44.4M$30.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$20.2M$21.8M$25.4M$23.3M$20.4M
Capital expenditure$67.3M$32.3M$22.3M$34.0M$18.3M
Free cash flow$-47.2M$-10.5M$3.1M$-10.6M$2.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$17.8M24.8%$2.7M$0.10
Q1 FY2026$13.3M6.7%$-366,000$-0.01
Q4 FY2025$13.5M2.2%$-963,000$-0.03
Q3 FY2025$15.5M8.4%$1.7M$0.06
Q2 FY2025$14.2M5.4%$1.6M$0.06
Q1 FY2025$12.5M7.3%$591,000$0.02
Q4 FY2024$13.3M7.1%$443,000$0.02
Q3 FY2024$14.3M-1.5%$2.9M$0.12

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorUtilities
SIC industryWater Supply
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1434728

Selected SEC filings

10-Q2026-08-13
View on EDGAR →
10-Q2026-05-13
View on EDGAR →
8-K2026-09-01
View on EDGAR →
8-K2026-08-21
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-05-18
View on EDGAR →

Largest Utilities peers

All Utilities companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.