Global Water Resources, Inc. (GWRS) Financial Statements
Industry: Water Supply
In fiscal 2025, Global Water Resources reported revenue of $55.8M, up 5.8% from $52.7M the year before. Net income was $3.0M (a 5.3% net margin), or $0.11 per diluted share. Operating margin was 12.8%. Operating activities generated $20.2M of cash, leaving -$47.2M of free cash flow. At fiscal year end, Global Water Resources held $482.9M in total assets against $396.3M in total liabilities, including $4.1M of cash and equivalents.
Open the full interactive Global Water Resources financials → Quarterly statements, key ratios, valuation history and price charts.
Global Water Resources Key Stats
| Share Price | $8.07 |
|---|---|
| Market Cap | $232.5M |
| P/E Ratio | 73.4 |
| Dividend Yield | 3.72% |
| Revenue YoY Growth | +5.8% |
| 52-Week Range | $6.55 – $10.60 |
| Shares Outstanding | 28.8 million (basic, 2026 Q2) |
Global Water Resources Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $38.6M | $41.9M | $44.7M | $53.0M | $52.7M | $55.8M |
| Operating Income | $7.3M | $7.0M | $7.8M | $12.3M | $9.4M | $7.2M |
| Pre-Tax Income | $1.9M | $4.8M | $6.4M | $10.9M | $7.9M | $4.0M |
| Income Tax | $771,000 | $1.1M | $934,000 | $2.9M | $2.1M | $1.0M |
| Net Income | $1.1M | $3.6M | $5.5M | $8.0M | $5.8M | $3.0M |
| Diluted EPS | $0.05 | $0.16 | $0.24 | $0.33 | $0.24 | $0.11 |
Global Water Resources Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $15.5M | $13.5M | $13.3M | $17.8M |
| Net Income | $1.7M | -$963,000 | -$366,000 | $2.7M |
| Diluted EPS | $0.06 | -$0.04 | -$0.01 | $0.10 |
Global Water Resources Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.0M | $12.6M | $6.6M | $3.1M | $9.0M | $4.1M |
| Current Assets | $23.5M | $19.0M | $14.2M | $11.7M | $19.5M | $14.6M |
| Total Assets | $283.4M | $294.1M | $323.1M | $361.1M | $405.1M | $482.9M |
| Current Liabilities | $12.4M | $16.9M | $16.2M | $14.2M | $22.3M | $19.2M |
| Total Long-Term Debt | $114.7M | $112.9M | $108.8M | $105.2M | $122.4M | $133.7M |
| Total Liabilities | $251.3M | $264.0M | $278.7M | $312.5M | $357.5M | $396.3M |
| Shareholders' Equity | $32.2M | $30.0M | $44.4M | $48.6M | $47.6M | $86.6M |
Global Water Resources Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $14.6M | $20.4M | $23.3M | $25.4M | $21.8M | $20.2M |
| Cash From Investing | -$9.4M | -$20.3M | -$34.2M | -$28.6M | -$32.5M | -$75.4M |
| Cash From Financing | $7.1M | -$7.9M | $5.0M | $406,000 | $17.1M | $50.9M |
| Free Cash Flow | $5.4M | $2.1M | -$10.6M | $3.1M | -$10.5M | -$47.2M |
| Dividends Paid | $6.5M | $6.6M | $6.9M | $7.2M | $7.3M | $8.2M |
Figures from Global Water Resources' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Global Water Resources financials page for every line item.
Global Water Resources Company Profile
| Ticker | GWRS |
|---|---|
| Exchange | Nasdaq |
| Industry | Water Supply |
| Headquarters | Phoenix, Arizona |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001434728 |
Frequently Asked Questions
What was Global Water Resources' revenue in fiscal 2025?
Global Water Resources (GWRS) reported revenue of $55.8M for fiscal 2025.
What is Global Water Resources' annual revenue history?
Global Water Resources' annual revenue by fiscal year: 2020: $38.6M; 2021: $41.9M; 2022: $44.7M; 2023: $53.0M; 2024: $52.7M; 2025: $55.8M.
What was Global Water Resources' net income in fiscal 2025?
Global Water Resources reported net income of $3.0M for fiscal 2025.
What was Global Water Resources' earnings per share (EPS) in fiscal 2025?
Global Water Resources' diluted EPS was $0.11 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Global Water Resources generate in fiscal 2025?
Global Water Resources generated -$47.2M of free cash flow in fiscal 2025.
What was Global Water Resources' revenue last quarter?
In its most recent reported quarter (2026 Q2), Global Water Resources reported revenue of $17.8M.
How much debt does Global Water Resources have?
Global Water Resources reported $133.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Global Water Resources are outstanding?
Global Water Resources reported a weighted average of 28.8 million basic shares outstanding in 2026 Q2.
What is Global Water Resources' market cap?
Based on its latest closing price, Global Water Resources (GWRS) has a market capitalization of about $232.5M.
When does Global Water Resources' fiscal year end?
Global Water Resources' fiscal year end, as registered with the SEC, is December 31.
Where is Global Water Resources headquartered?
Global Water Resources lists its business address in Phoenix, Arizona in its SEC filings.