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Companies / Utilities / Global Water Resources, Inc.
GWRS

Global Water Resources, Inc.

UtilitiesElectric, Gas & Water
Ticker GWRSPHOENIX, AZFiscal year ends DecemberBook value per share $3.23Diluted shares 29.0M

Global Water Resources, Inc. (Nasdaq: GWRS) owns, operates and manages regulated water, wastewater and recycled water utilities, primarily in metropolitan Phoenix and Tucson, Arizona. Its services include drinking water supply, wastewater collection and treatment, and recycled water distribution for non-potable uses;… From the company’s description.

Over the twelve months to Sep 30, 2026, Global Water Resources, Inc. reported revenue of $60.90M, up 9.8% from a year earlier, and net income of $2.42M. Its operating margin was 12.6%, and operations generated $18.76M in cash. In fiscal 2025, it reported revenue of $55.76M, up 5.8% from fiscal 2024, and net income of $2.96M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$55.76MFY2025
+5.8% year over year
Last 12 mo $60.90M
12.83%FY2025
−4.9 percentage points
Last 12 mo 12.56%
$2.96MFY2025
−48.9% year over year
Last 12 mo $2.42M
3.41%FY2025
−8.7 percentage points
Last 12 mo 2.59%
Cash & financing
$20.17MFY2025
−7.4% year over year
Last 12 mo $18.76M
$-47.15MFY2025
−347.4% year over year
Last 12 mo $-18.74M
1.54FY2025
Was 2.57× a year earlier
Last 12 mo 1.41
27.1MFY2025
+11.4% year over year
Last 12 mo 29.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Global Water Resources, Inc. does

In the company’s own words

Global Water Resources, Inc. (Nasdaq: GWRS) owns, operates and manages regulated water, wastewater and recycled water utilities, primarily in metropolitan Phoenix and Tucson, Arizona. Its services include drinking water supply, wastewater collection and treatment, and recycled water distribution for non-potable uses; customers include residential and commercial users, developers and communities. The company applies an integrated “Total Water Management” approach that combines regional planning, water conservation, recycling and technology across the water cycle. Its 39 public utility systems are organized as regulated utilities, which generated all company revenue in 2025. The largest are GW-Santa Cruz, a water utility, and GW-Palo Verde, which provides wastewater and recycled water service; together they accounted for approximately 88.9% of 2025 revenue. As of December 31, 2025, the systems had 68,577 active service connections across 418 square miles and served more than 121,000 people. The portfolio includes utilities acquired in Arizona, including seven water systems purchased from the City of Tucson in 2025.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
PHOENIX, AZ
Fiscal year end
December
CIK
1434728
SIC
4941

Financial performance, year by year

Fiscal 2016–2025 · USD
$-8.85M$10.17M$29.19M$48.21M$67.24M2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Global Water Resources, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

94
funds hold it
0 of 35
superinvestors hold it
$16.58M
held by funds, at market
7.7%
of shares held by funds

Largest fund holders · Global Water Resources, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
North Star Micro Cap Fund
NSMVX · NORTHERN LIGHTS FUND TRUST II
—of fund net assets
North Star Dividend Fund
NSDVX · NORTHERN LIGHTS FUND TRUST II
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Global Water Resources, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Global Water Resources, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Global Water Resources, Inc.'s last four quarterly filings that the numbers alone won't show?”
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