Global Water Resources, Inc. (GWRS)
Nasdaq · Water Supply · Transportation, communications and utilities · CIK 1434728 · fiscal year ends in Dec
Closing price $7.75 on 30 Oct 2026; 52-week range $6.66 to $10.25.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $60.1M
- Revenue growth
- 10.8%
- Net income, last twelve months
- $3.1M
- Earnings per share
- $0.12
- Operating margin
- 13.6%
- Net margin
- 5.2%
- Free cash flow
- -$24.3M
- Return on equity
- 3.7%
- Market value
- $223.3M
- Price to earnings
- 64.6x
- Dividend yield
- 3.9%
- Cash
- $1.5M
- Debt
- $137.6M
- Debt to equity
- 1.62
- Shares outstanding
- 28.8M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $55.8M | $7.2M | $3.0M | $0.11 | -$47.2M | 10-K filed 4 Mar 2026 |
| FY2024 | 31 Dec 2024 | $52.7M | $9.4M | $5.8M | $0.24 | -$10.5M | 10-K filed 5 Mar 2025 |
| FY2023 | 31 Dec 2023 | $53.0M | $12.3M | $8.0M | $0.33 | $3.1M | 10-K filed 7 Mar 2024 |
| FY2022 | 31 Dec 2022 | $44.7M | $7.8M | $5.5M | $0.24 | -$10.6M | 10-K filed 9 Mar 2023 |
| FY2021 | 31 Dec 2021 | $41.9M | $7.0M | $3.6M | $0.16 | $2.1M | 10-K filed 10 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $17.8M | $2.7M | $0.10 |
| Q1 FY2026 | 31 Mar 2026 | $13.3M | -$366.0K | -$0.01 |
| Q4 FY2025 | 31 Dec 2025 | $13.5M | -$963.0K | -$0.03 |
| Q3 FY2025 | 30 Sep 2025 | $15.5M | $1.7M | $0.06 |
| Q2 FY2025 | 30 Jun 2025 | $14.2M | $1.6M | $0.06 |
| Q1 FY2025 | 31 Mar 2025 | $12.5M | $591.0K | $0.02 |
| Q4 FY2024 | 31 Dec 2024 | $13.3M | $443.0K | $0.02 |
| Q3 FY2024 | 30 Sep 2024 | $14.3M | $2.9M | $0.12 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Water service | $28.6M | 51.3% |
| Wastewater and recycled water service | $27.1M | 48.7% |
Company events
The newest 8-K filings of 101 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 1 Sep 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 21 Aug 2026 | 8-K | Material agreement, Share sale | 1.01, 3.02 |
| 13 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 18 May 2026 | 8-K | Shareholder vote | 5.07, 9.01 |
| 13 May 2026 | 8-K | Results | 2.02, 9.01 |
| 4 May 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 30 Apr 2026 | 8-K | Material agreement, Other events | 1.01, 8.01, 9.01 |
| 15 Apr 2026 | 8-K | Other events | 8.01 |
| 4 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 16 Dec 2025 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 17 Nov 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 12 Nov 2025 | 8-K | Results | 2.02 |
Every filing
The newest filings with the SEC of 206 held.
| Filed | Form | Period |
|---|---|---|
| 3 Sep 2026 | D | – |
| 1 Sep 2026 | 8-K | 28 Aug 2026 |
| 31 Aug 2026 | EFFECT | – |
| 21 Aug 2026 | 8-K | 20 Aug 2026 |
| 13 Aug 2026 | 10-Q | 30 Jun 2026 |
| 13 Aug 2026 | 8-K | 12 Aug 2026 |
| 7 Aug 2026 | S-3 | – |
| 18 May 2026 | 8-K | 14 May 2026 |
| 13 May 2026 | 10-Q | 31 Mar 2026 |
| 13 May 2026 | 8-K | 13 May 2026 |
| 4 May 2026 | 8-K | 30 Apr 2026 |
| 30 Apr 2026 | 8-K | 28 Apr 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 20 Aug 2026 | Levine Jonathan L, Director | Purchase | 651,618 | $8.85 | $5.8M | 12,777,908 | 21 Aug 2026 |
| 20 Aug 2026 | Cohn Andrew M., Director | Purchase | 139,343 | $8.85 | $1.2M | 2,701,350 | 21 Aug 2026 |
| 20 May 2026 | Liebman Michael J, CFO and Corporate Secretary | Purchase | 800 | $6.89 | $5.5K | 800 | 22 May 2026 |
| 20 May 2026 | Liebman Michael J, CFO and Corporate Secretary | Purchase | 5,500 | $6.90 | $38.0K | 6,300 | 22 May 2026 |
| 20 May 2026 | Liebman Michael J, CFO and Corporate Secretary | Purchase | 700 | $6.86 | $4.8K | 7,000 | 22 May 2026 |
| 20 May 2026 | Krygier Christopher D, Chief Operating Officer | Purchase | 29 | $6.79 | $197 | 5,125 | 20 May 2026 |
| 20 May 2026 | Krygier Christopher D, Chief Operating Officer | Purchase | 294 | $6.80 | $2.0K | 5,419 | 20 May 2026 |
| 20 May 2026 | Krygier Christopher D, Chief Operating Officer | Purchase | 5,066 | $6.87 | $34.8K | 10,485 | 20 May 2026 |
| 19 May 2026 | Lenderking John Carroll, SVP, Water Resources | Purchase | 700 | $6.84 | $4.8K | 9,356 | 20 May 2026 |
| 13 Mar 2026 | Cohn Andrew M., Director | Purchase | 18,305 | $7.20 | $131.8K | 2,560,984 | 13 Mar 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 16 Oct 2026 | TSP Capital Management Group, LLC | 13G | 5.11% | 1.5M |
| 24 Aug 2026 | Levine Jonathan L | 13D amended | 42.9% | 12.8M |
| 24 Aug 2026 | Cohn Andrew M. | 13D amended | – | – |
| 27 Apr 2026 | Handelsbanken Fonder AB | 13G amended | 4.5% | 1.3M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 377.4K | +2.33% | 7.92 |
| 30 Sep 2026 | 368.8K | -12.15% | 4.2 |
| 15 Sep 2026 | 419.8K | +6.77% | 5.85 |
| 31 Aug 2026 | 393.2K | -7.01% | 3.59 |
| 14 Aug 2026 | 422.8K | +16.95% | 3.3 |
| 31 Jul 2026 | 361.5K | -11.21% | 4.31 |
| 15 Jul 2026 | 407.1K | +13.77% | 4.65 |
| 30 Jun 2026 | 357.9K | +1.32% | 1.99 |
Funds that hold it
From each fund's latest Form 13F.
115 funds held it at 30 Jun 2026: 61 added and 22 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| TSP Capital Management Group, LLC | 1,340,305 | $9.7M | +1,340,305 |
| BlackRock, Inc. | 661,528 | $4.8M | +34,593 |
| Vanguard Capital Management LLC | 601,601 | $4.4M | +6,348 |
| North Star Investment Management Corp. | 421,649 | $3.1M | +6,201 |
| Heartland Advisors Inc. | 407,741 | $3.0M | -423,359 |
| Geode Capital Management, LLC | 372,786 | $2.7M | +25,132 |
| Wells Fargo & Company | 335,286 | $2.4M | +24,686 |
| Redmond Asset Management, LLC | 329,186 | $2.4M | -500 |
| State Street Corp. | 257,767 | $1.9M | +19,917 |
| AQR Capital Management LLC | 211,758 | $1.5M | +163,306 |
Peers
Companies in the same industry.
- American Water Works Company, Inc. (AWK): revenue $5.3B, market value $28.8B
- Essential Utilities, Inc. (WTRG): revenue $2.6B, market value $12.4B
- American States Water Co. (AWR): revenue $697.5M, market value $3.4B
- California Water Service Group (CWT): revenue $1.0B, market value $3.0B
- H2O America (HTO): revenue $838.2M, market value $2.9B
- Middlesex Water Co. (MSEX): revenue $212.3M, market value $1.1B
- York Water Co. (YORW): revenue $83.4M, market value $513.2M
- Consolidated Water Co. Ltd. (CWCO): revenue $127.6M, market value $430.6M
- Cadiz Inc. (CDZI): revenue $11.8M, market value $383.8M
- Artesian Resources Corp. (ARTNA): revenue $116.9M, market value $346.9M