Jun 2026 (Q2 FY26) — Jul 30, 2026
California Water Service Group Q2 FY26 — Strong Earnings Driven by GRC Decision and Capital Investment
Read the full callCalifornia Water Service Group earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 278 | +8.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 25.5 | +5.3 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 56.5 | +33.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $48.04 on 15 Oct 2025 → $46.35. High $52.44 (28 Jul 2026), low $42.24 (30 Apr 2026).
Overview
Call summaries
California Water Service Group Q2 FY26 — Strong Earnings Driven by GRC Decision and Capital Investment
Read the full callEvery analysed call
Financials
Net profit, year on year: +34% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 306 | 218 | 183 | 256 | 314 | 211 | 197 | 278 |
| Operating profit | 67 | 32 | 22 | 52 | 71 | 26 | 18 | 71 |
| Operating margin | 21.8% | 14.8% | 12.2% | 20.2% | 22.5% | 12.2% | 9.2% | 25.5% |
| Interest | 14 | 16 | 17 | 17 | 18 | 18 | 20 | 21 |
| Net profit | 61 | 20 | 13 | 42 | 61 | 11 | 4 | 56 |
| EPS ($ per share) | 1.03 | — | 0.22 | 0.71 | 1.03 | — | 0.07 | 0.94 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 392 | 406 | 461 | 515 | 557 | 550 | 675 | 729 |
| Total liabilities | 2,108 | 2,342 | 2,484 | 2,451 | 2,942 | 3,165 | 3,542 | 3,979 |
| Fixed assets | — | — | 7 | 7 | 6 | 5 | 3 | 2 |
| Total assets | 2,838 | 3,111 | 3,394 | 3,623 | 4,265 | 4,596 | 5,180 | 5,671 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 179 | 169 | 118 | 232 | 244 | 218 | 291 | 303 |
| Cash from investing | -273 | -276 | -346 | -301 | -336 | -389 | -475 | -520 |
| Cash from financing | 46 | 103 | 230 | 105 | 96 | 172 | 195 | 219 |
| Net cash flow | -48 | -4 | 2 | 36 | 4 | -0 | 11 | 2 |
174 filings between Dec 5, 2025 and Sep 5, 2026.
Purchases
$23.5K
1 purchase by 1 insider
Sales
$664.3K
7 sales by 5 insiders
Also filed: 1 disposition to issuer, 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Krummel Thomas M | — | $346.6K | Aug 13, 2026 |
| Mares Michael S JR | — | $171.2K | Mar 20, 2026 |
| Snow Lester A | — | $73.5K | Sep 1, 2026 |
| Mortensen Michelle R | — | $40.0K | Dec 23, 2025 |
| Luu Michael B | — | $32.9K | Mar 20, 2026 |
| Lynch James Patrick | $23.5K | — | Dec 10, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 5, 2026 | Mortensen Michelle R VP Corp Sect, Gov & Assurance | Tax withheld | 73 | $3.7K |
| Sep 5, 2026 | Scanlon Thomas A VP, Corporate Controller & PAO | Tax withheld | 30 | $1.5K |
| Sep 5, 2026 | Peters Todd Kenneth Vice President, Engineering | Tax withheld | 40 | $2.0K |
| Sep 5, 2026 | Ouyang Elissa Y VP Facilities Fleet Procure IT | Tax withheld | 66 | $3.3K |
| Sep 5, 2026 | Luu Michael B SVP Corp Svce & Chief Risk Of | Tax withheld | 68 | $3.4K |
| Sep 5, 2026 | Jenkins Kenneth G VP Water Res Plan & Sustain | Tax withheld | 38 | $1.9K |
| Sep 5, 2026 | Lynch James Patrick SVP CFO and Treasurer | Tax withheld | 48 | $2.4K |
| Sep 5, 2026 | James Sophie Marwieh VP Water Qual | Tax withheld | 50 | $2.5K |
| Sep 5, 2026 | KROPELNICKI MARTIN A Chairman President & CEO | Tax withheld | 493 | $24.7K |
| Sep 5, 2026 | Mares Michael S JR SVP Operations | Tax withheld | 67 | $3.4K |
| Sep 5, 2026 | Dean Shannon C SVP, Cust Svc & Chief Sust Of | Tax withheld | 72 | $3.6K |
| Sep 5, 2026 | Bunting Shawn C SVP, Chief Legal Officer & BD | Tax withheld | 69 | $3.5K |
| Sep 4, 2026 | Dean Shannon C SVP, Cust Svc & Chief Sust Of | Tax withheld | 75 | $3.8K |
| Sep 4, 2026 | Bunting Shawn C SVP, Chief Legal Officer & BD | Tax withheld | 71 | $3.6K |
| Sep 4, 2026 | Scanlon Thomas A VP, Corporate Controller & PAO | Tax withheld | 30 | $1.5K |
| Sep 4, 2026 | KROPELNICKI MARTIN A Chairman President & CEO | Tax withheld | 505 | $25.3K |
| Sep 4, 2026 | James Sophie Marwieh VP Water Qual | Tax withheld | 51 | $2.6K |
| Sep 4, 2026 | Ouyang Elissa Y VP Facilities Fleet Procure IT | Tax withheld | 68 | $3.4K |
| Sep 4, 2026 | Luu Michael B SVP Corp Svce & Chief Risk Of | Tax withheld | 70 | $3.5K |
| Sep 4, 2026 | HAMNER KRISTAN A VP, Chief Human Resource Offcr | Tax withheld | 42 | $2.1K |
| Sep 4, 2026 | Mortensen Michelle R VP Corp Sect, Gov & Assurance | Tax withheld | 75 | $3.8K |
| Sep 4, 2026 | Mares Michael S JR SVP Operations | Tax withheld | 69 | $3.5K |
| Sep 4, 2026 | Jenkins Kenneth G VP Water Res Plan & Sustain | Tax withheld | 64 | $3.2K |
| Sep 4, 2026 | Lynch James Patrick SVP CFO and Treasurer | Tax withheld | 50 | $2.5K |
| Sep 4, 2026 | Peters Todd Kenneth Vice President, Engineering | Tax withheld | 41 | $2.1K |
| Sep 1, 2026 | Snow Lester A Director | Sale | 500 | $25.1K |
| Aug 13, 2026 | Krummel Thomas M Director | Sale | 3,700 | $186.4K |
| Aug 4, 2026 | Shimansky Gregory Dale VP, Rates & Reg Affairs | Award | 446 | $0 |
| Jun 5, 2026 | Lynch James Patrick SVP CFO and Treasurer | Tax withheld | 49 | $2.2K |
| Jun 5, 2026 | Ouyang Elissa Y VP Facilities Fleet Procure IT | Tax withheld | 66 | $3.0K |
| Jun 5, 2026 | James Sophie Marwieh VP Water Qual | Tax withheld | 50 | $2.3K |
| Jun 5, 2026 | Dean Shannon C SR. VP, Cust Svc & Chief Sust | Tax withheld | 73 | $3.3K |
| Jun 5, 2026 | Jenkins Kenneth G VP Water Res Plan & Sustain | Tax withheld | 38 | $1.7K |
| Jun 5, 2026 | Bunting Shawn C Sr. VP, GC and Business Dev | Tax withheld | 69 | $3.2K |
| Jun 5, 2026 | KROPELNICKI MARTIN A Chairman President & CEO | Tax withheld | 493 | $22.6K |
| Jun 5, 2026 | Peters Todd Kenneth Vice President, Engineering | Tax withheld | 40 | $1.8K |
| Jun 5, 2026 | Mortensen Michelle R VP Corp Sect, Gov & Assurance | Tax withheld | 73 | $3.3K |
| Jun 5, 2026 | Scanlon Thomas A VP, Corporate Controller & PAO | Tax withheld | 30 | $1.4K |
| Jun 5, 2026 | Luu Michael B SVP Corp Svce & Chief Risk Of | Tax withheld | 69 | $3.2K |
| Jun 5, 2026 | Mares Michael S JR SVP Operations | Tax withheld | 68 | $3.1K |
| Jun 5, 2026 | Milleman Greg A VP Rates & Regulatory Affairs | Tax withheld | 66 | $3.0K |
| Jun 4, 2026 | Milleman Greg A VP Rates & Regulatory Affairs | Tax withheld | 67 | $3.0K |
| Jun 4, 2026 | Luu Michael B SVP Corp Svce & Chief Risk Of | Tax withheld | 70 | $3.2K |
| Jun 4, 2026 | HAMNER KRISTAN A VP, Chief Human Resource Offcr | Tax withheld | 41 | $1.9K |
| Jun 4, 2026 | KROPELNICKI MARTIN A Chairman President & CEO | Tax withheld | 504 | $22.8K |
| Jun 4, 2026 | James Sophie Marwieh VP Water Qual | Tax withheld | 51 | $2.3K |
| Jun 4, 2026 | Jenkins Kenneth G VP Water Res Plan & Sustain | Tax withheld | 63 | $2.9K |
| Jun 4, 2026 | Ouyang Elissa Y VP Facilities Fleet Procure IT | Tax withheld | 67 | $3.0K |
| Jun 4, 2026 | Bunting Shawn C Sr. VP, GC and Business Dev | Tax withheld | 70 | $3.2K |
| Jun 4, 2026 | Peters Todd Kenneth Vice President, Engineering | Tax withheld | 40 | $1.8K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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