Global Water Resources, Inc.
For the period ended Dec 31, 2025. Filed Mar 4, 2026.
View on SEC.govAbout this filing
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FY2025 · Filed Mar 4, 2026
GWRS$7.01-3.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Years Ended December 31, | ||
|---|---|---|
| (in thousands, except share and per share amounts) | 2025 | 2024 |
| Revenue | ||
| Water service | $28,609 | $26,064 |
| Wastewater and recycled water service | 27,149 | 26,628 |
| Total revenue | 55,758 | 52,692 |
| Operating Expenses | ||
| Operations and maintenance | 15,749 | 13,726 |
| General and administrative | 17,855 | 16,882 |
| Depreciation, amortization and accretion | 14,998 | 12,720 |
| Total operating expenses | 48,602 | 43,328 |
| Operating Income | 7,156 | 9,364 |
| Other Income (Expense) | ||
| Interest income | 446 | 946 |
| Interest expense | (5,964) | (6,098) |
| Other, net | 2,345 | 3,650 |
| Total other expense | (3,173) | (1,502) |
| Income Before Income Taxes | 3,983 | 7,862 |
| Income Tax Expense | (1,026) | (2,073) |
| Net Income | $2,957 | $5,789 |
| Basic earnings per common share | $0.11 | $0.24 |
| Diluted earnings per common share | $0.11 | $0.24 |
| Dividends declared per common share | $0.30 | $0.30 |
| Weighted average number of common shares used in the determination of: | ||
| Basic | 27,028,936 | 24,204,706 |
| Diluted | 27,076,437 | 24,303,340 |
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Consolidated Statements of Shareholders’ Equity
| (in thousands, except share and per share amounts) | Common Stock Shares | Common Stock | Treasury Stock Shares | Treasury Stock | Additional Paid-in Capital | Retained Earnings (Deficit) | Total Equity |
|---|---|---|---|---|---|---|---|
| BALANCE - December 31, 2023 | 24,492,918 | $240 | (317,677) | $(2) | $47,585 | $797 | $48,620 |
| Dividend declared $0.30 per share | — | — | — | — | (712) | (6,586) | (7,298) |
| Share option exercise | 5,277 | — | (4,405) | — | 198 | — | 198 |
| Share-based compensation | 72,799 | — | (22,896) | — | 295 | — | 295 |
| Net income | — | — | — | — | — | 5,789 | 5,789 |
| BALANCE - December 31, 2024 | 24,570,994 | 240 | (344,978) | (2) | 47,366 | — | 47,604 |
| Dividend declared $0.30 per share | — | — | — | — | (4,398) | (3,918) | (8,316) |
| Issuance of common stock, net | 4,490,572 | 45 | — | — | 43,760 | — | 43,805 |
| Share-based compensation | 54,617 | — | (14,351) | — | 566 | — | 566 |
| Net income | — | — | — | — | — | 2,957 | 2,957 |
| BALANCE - December 31, 2025 | 29,116,183 | $285 | (359,329) | $(2) | $87,294 | $(961) | $86,616 |
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