California Water Service Group (CWT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 214.57M | 219.98M | 311.24M | 264.95M | 203.97M | 222.19M | 299.56M | 244.3M | 270.75M | 214.51M | 254.98M | 194.04M | 131.1M | 200.94M | 266.31M | 206.19M | 172.99M | 173.33M | 256.72M | 213.12M |
| Revenue Growth % | 5.2% | -1% | 3.9% | 8.45% | -24.66% | 3.58% | 17.49% | 25.9% | 106.52% | 6.76% | -4.25% | -5.89% | -24.22% | 15.93% | 3.73% | -3.25% | 17.1% | -8.37% | -15.58% | 21.45% |
| Cost of Revenue | 150.89M | 152.9M | 182.09M | 94.55M | 67.39M | 90.71M | 100.97M | 86.43M | 94.28M | 109.95M | 130.69M | 100.77M | 76.36M | 115.54M | 120.67M | 104.71M | 91.33M | 94.4M | 113.27M | 98.32M |
| Gross Profit | 63.68M | 67.08M | 129.15M | 170.41M | 136.58M | 131.49M | 198.59M | 157.87M | 176.47M | 104.56M | 124.29M | 93.27M | 54.74M | 85.39M | 145.63M | 101.49M | 81.67M | 78.92M | 143.46M | 114.81M |
| Gross Margin % | 29.68% | 30.49% | 41.5% | 64.32% | 66.96% | 59.18% | 66.29% | 64.62% | 65.18% | 48.74% | 48.74% | 48.07% | 41.76% | 42.5% | 54.69% | 49.22% | 47.21% | 45.54% | 55.88% | 53.87% |
| Gross Profit Growth % | -53.37% | -48.99% | -34.97% | 7.95% | -22.6% | 25.76% | 59.79% | 69.25% | 222.35% | 22.44% | -14.66% | -8.09% | -32.97% | 8.2% | 1.52% | -11.6% | 12.93% | -11.86% | -21.13% | 60.07% |
| Operating Expenses | 45.44M | 48.85M | 58.53M | 118.6M | 114.24M | 99.24M | 131.84M | 109.7M | 98.58M | 69.32M | 80.81M | 77.33M | 72.27M | 59.11M | 80.69M | 74.2M | 72.53M | 68.47M | 72.31M | 72.56M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 58.2M | 54.49M | 106.73M | 88.38M | 58.84M | 65.84M | 100.36M | 81.69M | 111.3M | 67.23M | 73.86M | 46.26M | 12.91M | 55.16M | 94.5M | 56.74M | 38.62M | 38.36M | 99.09M | 70.31M |
| EBITDA Margin % | 27.12% | 24.77% | 34.29% | 33.36% | 28.85% | 29.63% | 33.5% | 33.44% | 41.11% | 31.34% | 28.97% | 23.84% | 9.85% | 27.45% | 35.49% | 27.52% | 22.32% | 22.13% | 38.6% | 32.99% |
| EBITDA Growth % | -1.08% | -17.25% | 6.35% | 8.19% | -47.13% | -2.06% | 35.88% | 76.6% | 762.15% | 21.87% | -21.84% | -18.47% | -66.57% | 43.8% | -4.63% | -19.3% | 26.26% | -23.92% | -24.57% | 86.74% |
| Depreciation & Amortization | 39.96M | 36.26M | 36.12M | 36.57M | 36.49M | 33.6M | 33.61M | 33.53M | 33.4M | 31.99M | 30.39M | 30.31M | 30.43M | 28.88M | 29.56M | 29.45M | 29.48M | 27.91M | 27.94M | 28.06M |
| D&A / Revenue % | 18.62% | 16.48% | 11.6% | 13.8% | 17.89% | 15.12% | 11.22% | 13.72% | 12.34% | 14.91% | 11.92% | 15.62% | 23.21% | 14.37% | 11.1% | 14.28% | 17.04% | 16.1% | 10.88% | 13.17% |
| Operating Income (EBIT) | 18.24M | 18.23M | 70.61M | 51.81M | 22.34M | 32.25M | 66.75M | 48.17M | 77.89M | 35.24M | 43.47M | 15.95M | -17.52M | 26.29M | 64.95M | 27.29M | 9.14M | 10.45M | 71.15M | 42.25M |
| Operating Margin % | 8.5% | 8.29% | 22.69% | 19.55% | 10.95% | 14.51% | 22.28% | 19.72% | 28.77% | 16.43% | 17.05% | 8.22% | -13.37% | 13.08% | 24.39% | 13.23% | 5.28% | 6.03% | 27.72% | 19.82% |
| Operating Income Growth % | -18.38% | -43.48% | 5.79% | 7.56% | -71.31% | -8.49% | 53.54% | 202% | 544.5% | 34.04% | -33.06% | -41.56% | -291.77% | 151.48% | -8.72% | -35.4% | 213.05% | -58.24% | -32.91% | 238.16% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.98x | 1.38x | 3.83x | 4.07x | 1.84x | 2.19x | 6.74x | 4.59x | 6.43x | 2.18x | 4.08x | 1.74x | -0.86x | 2.69x | 6.47x | 2.91x | 1.00x | 1.25x | 6.74x | 4.77x |
| Interest / Revenue % | 0.47% | 0.45% | 0.32% | 0.38% | 0.49% | 0.45% | 0.33% | 0.41% | 0.37% | 0.47% | 0.39% | 0.52% | 0.76% | 0.5% | 0.38% | 0.48% | 0.58% | 0.58% | 0.39% | 0.47% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 5.5M | 6.58M | 48.52M | 50.72M | 15.94M | 17.68M | 77.98M | 50.37M | 86.55M | 20.22M | 39.34M | 11.22M | -26.18M | 18.71M | 61.93M | 21.01M | -11K | 2.88M | 64.41M | 40.56M |
| Pretax Margin % | 2.56% | 2.99% | 15.59% | 19.14% | 7.81% | 7.96% | 26.03% | 20.62% | 31.97% | 9.43% | 15.43% | 5.78% | -19.97% | 9.31% | 23.25% | 10.19% | -0.01% | 1.66% | 25.09% | 19.03% |
| Income Tax | 1.47M | -4.9M | -12.6M | 8.67M | 2.74M | -1.79M | 17.42M | 9.99M | 16.86M | -9.72M | 5.01M | 1.77M | -3.85M | -762K | 6.24M | 1.8M | -905K | -561K | 1.91M | 2.48M |
| Effective Tax Rate % | 26.63% | -74.42% | -25.97% | 17.09% | 17.18% | -10.11% | 22.34% | 19.84% | 19.48% | -48.05% | 12.74% | 15.81% | 14.7% | -4.07% | 10.08% | 8.56% | 8227.27% | -19.51% | 2.97% | 6.12% |
| Net Income | 4.04M | 11.48M | 61.23M | 42.17M | 13.33M | 19.66M | 60.68M | 40.55M | 69.92M | 30.13M | 34.44M | 9.56M | -22.21M | 19.57M | 55.87M | 19.48M | 1.09M | 3.5M | 62.43M | 38.23M |
| Net Margin % | 1.88% | 5.22% | 19.67% | 15.92% | 6.54% | 8.85% | 20.26% | 16.6% | 25.82% | 14.04% | 13.51% | 4.92% | -16.94% | 9.74% | 20.98% | 9.45% | 0.63% | 2.02% | 24.32% | 17.94% |
| Net Income Growth % | -69.72% | -41.59% | 0.91% | 3.99% | -80.93% | -34.75% | 76.2% | 324.35% | 414.79% | 53.96% | -38.36% | -50.95% | -2145.21% | 458.64% | -10.5% | -49.03% | 135.82% | -77.4% | -35.21% | 623.82% |
| EPS (Diluted) | 0.07 | 0.19 | 1.03 | 0.71 | 0.22 | 0.33 | 1.03 | 0.70 | 1.21 | 0.52 | 0.60 | 0.17 | -0.40 | 0.35 | 1.03 | 0.36 | 0.02 | 0.07 | 1.20 | 0.75 |
| EPS Growth % | -69.32% | -42.42% | 0% | 1.43% | -81.82% | -36.54% | 71.67% | 311.76% | 402.5% | 48.57% | -41.75% | -52.78% | -2080.2% | 400% | -14.17% | -52% | 133.61% | -77.42% | -38.14% | 581.82% |
| EPS (Basic) | 0.07 | 0.19 | 1.03 | 0.71 | 0.22 | 0.33 | 1.03 | 0.70 | 1.21 | 0.52 | 0.60 | 0.17 | -0.40 | 0.36 | 1.03 | 0.36 | 0.02 | 0.07 | 1.20 | 0.75 |
| Diluted Shares Outstanding | 59.77M | 59.69M | 59.65M | 59.59M | 59.57M | 58.65M | 58.98M | 58.33M | 57.77M | 57.76M | 57.74M | 56.73M | 55.67M | 55.13M | 54.04M | 54.04M | 53.77M | 53.16M | 51.82M | 51.08M |