Consolidated Water Co. Ltd. reports developments tied to its water utility, desalination, treatment, reuse, services and manufacturing businesses. The company develops and operates advanced water treatment plants and water distribution systems, including seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and water treatment and reuse facilities in the United States.
Recurring news includes segment operating results, quarterly cash dividends, investor conference activity, water infrastructure contract awards and updates on design, construction, management and operating services. Coverage also includes the company’s Cayman Islands retail utility operations, Caribbean bulk water supply activities, U.S. services work through subsidiaries such as PERC Water Corporation, and governance changes affecting the board and senior management.
Consolidated Water (CWCO) will hold its third-quarter 2026 results conference call on November 10, 2026, at 11:00 a.m. Eastern time.
Financial results for the quarter ended September 30, 2026 will be released before the call. Management will host the discussion, followed by a question-and-answer period. A replay will be available after 1:00 p.m. Eastern time that day through November 17, 2026, with a replay also available through the company's investor website.
Consolidated Water (CWCO) advanced permitting for its Kalaeloa desalination project in Hawaii but now expects construction to begin in 2027. The revised start is the first half of 2027, versus late 2026 previously. The State Historic Preservation Division approved its Preservation Plan and Archaeological Monitoring Plan, and the Hawaii Department of Health approved a modification to an existing regulated public water system. These approvals allow remaining permit applications to advance; several approvals remain outstanding, including a historic-preservation Memorandum of Agreement.
The Honolulu Board of Water Supply granted schedule extensions and, in July 2026, authorized approximately $6 million for long-lead equipment procurement. The contracted plant would produce 1.7 million gallons daily. After commissioning, the operating and maintenance term is 20 years, with two five-year extensions at the client’s discretion.
Consolidated Water (CWCO) secured an approximately $39.8 million design-build agreement through its U.S. subsidiary PERC Water for Central Coast Blue. The City of Pismo Beach, California, awarded the advanced water purification facility project after evaluating three qualified design-build teams in a two-step competitive procurement process. PERC Water will design, construct and test the facility, train City personnel and support initial operations.
The approved scope provides annual production capacity of approximately 750 acre-feet. Consolidated Water expects the project to proceed through design, permitting, construction, startup and commissioning over approximately 24 months, with construction anticipated to begin in spring 2027.
Consolidated Water (NASDAQ:CWCO) announced that its board of directors has approved a fourth quarter 2026 cash dividend of $0.14 per share. The dividend will be paid on October 30, 2026 to shareholders of record as of the close of business on October 1, 2026.
Consolidated Water (NASDAQ: CWCO) reported second quarter 2026 revenue of $32.9 million, down 2% from 2025, as a 49% decline in manufacturing revenue to $2.7 million offset growth in retail, bulk and services. Gross profit fell to $11.0 million (33% margin) from $12.8 million (38% margin). Net income from continuing operations attributable to stockholders was $4.0 million, or $0.25 per diluted share, versus $5.2 million, or $0.32 per diluted share, a year earlier.
First half 2026 revenue declined 7% to $62.8 million, with net income from continuing operations of $7.9 million, or $0.49 per diluted share. Cash and cash equivalents reached $132.6 million and working capital $144.6 million. Operationally, the company secured a 25-year water concession in Grand Cayman, extended key O&M agreements, commissioned a second Cat Island plant, received a limited notice to proceed on a $204 million Hawaii desalination project, and announced $10.1 million of municipal equipment purchase orders in Florida.
Consolidated Water (NASDAQ: CWCO) will host an investor conference call on Tuesday, August 11, 2026 at 11:00 a.m. Eastern time to discuss financial results for the quarter ended June 30, 2026. Results will be released in a press announcement before the call, which will be led by company management and include a Q&A session.
Investors can join via toll-free dial-in at 1-844-875-6913, international dial-in at 1-412-317-6709, or a participant web phone link. A telephone replay will be available from 1:00 p.m. Eastern time on August 11, 2026 through August 18, 2026, and via the Investors section of www.cwco.com.
Consolidated Water (NASDAQ: CWCO) reported two major contract developments: a Limited Notice to Proceed from the Honolulu Board of Water Supply for its Kalaeloa, Hawaii seawater desalination project and purchase orders totaling about $10.1 million for municipal water treatment equipment in Florida.
The Limited Notice to Proceed authorizes roughly $6 million to procure critical long-lead equipment for the Kalaeloa reverse osmosis plant, which is designed to produce 1.7 million gallons of potable water per day. Consolidated Water is contracted to design, build, operate and maintain the facility for 20 years, with two optional five-year extensions. Separately, a Florida municipality ordered nanofiltration membrane equipment and horizontal cartridge filters valued at about $10.1 million, the company’s largest municipal membrane and horizontal cartridge filter orders to date, with equipment delivery scheduled for November 2027.
Consolidated Water (NASDAQ:CWCO) received a new 25-year exclusive retail water license for Grand Cayman, commencing August 1, 2026. The license covers key areas including Seven Mile Beach and West Bay and sets base rates, energy cost recovery charges and annual rate adjustment mechanisms.
According to Consolidated Water, customers would see about a 6.5% reduction in cost per gallon, while illustrative estimates suggest revenues would have been $2.1M, $1.9M and $0.6M lower for 2024, 2025 and Q1 2026 under the new structure. Strong tourism growth is highlighted as a key demand driver.
Consolidated Water (NASDAQ:CWCO) appointed water industry veteran Sachin Chawla as senior vice president, strategy and growth. He will lead business development, sales and marketing, and support M&A and broader growth initiatives.
Recent highlights include record 2025 retail water volume in Grand Cayman, new U.S. contracts, and growth from the Cat Island desalination facility, with additional Cat Island and Hawaii projects planned for 2026.
Consolidated Water (NASDAQ:CWCO) declared a third quarter 2026 cash dividend of $0.14 per share. The dividend will be paid on July 31, 2026 to shareholders of record as of the close of business on July 1, 2026.