Every 8-K that California Water Service (CWT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CWT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CWT filings page.
California Water Service Group reported Q2 2026 net income of $56.5 million, or $0.93 per diluted share, up from $42.2 million and $0.71 in Q2 2025. Operating revenue rose to $308.6 million from $265.0 million, while operating expenses increased to $237.7 million. Year-to-date net income was $60.5 million on revenue of $523.2 million.
Results reflect the final decision in the 2024 California General Rate Case, recognized retroactively to January 1, 2026. The decision authorizes company-wide revenue increases of $90.5 million in 2026, $43.2 million in 2027 and $48.9 million in 2028, plus about $1.45 billion of pre-approved infrastructure investments through 2027 and up to $229 million more via the advice letter process. In Q2 2026 the company invested a record $147 million in infrastructure and $276.4 million in the first half, and now anticipates up to $627 million of capital spending in 2026.
California Water Service Group also advanced its $218 million Nexus Water Group acquisition in Nevada and Oregon, which is expected to add about 36,000 equivalent residential units and $109 million of rate base, subject to approvals. Liquidity is supported by $600 million of credit facilities with about $395 million available, an at-the-market equity program that raised $88 million in Q2, and cash and cash equivalents of $43 million. The board declared a quarterly dividend of $0.3350 per share, its 326th consecutive dividend and part of an expected annualized dividend of $1.34.
California Water Service Group declared a quarterly cash dividend of $0.3350 per common share, marking its 326th consecutive quarterly dividend. The dividend is payable on August 21, 2026 to stockholders of record at the close of business on August 10, 2026.
California Water Service Group is described as the largest regulated water utility in the western United States, providing high-quality water and/or wastewater services to more than 2.2 million people in California, Hawaii, New Mexico, Washington, and Texas through its regulated subsidiaries and related entities.
California Water Service Group reported the results of its Annual Meeting of Stockholders held on May 20, 2026. Stockholders voted on the election of directors and other proposals.
All listed director nominees, including Chairman, President & CEO Martin A. Kropelnicki, received substantial support. For example, Kropelnicki received 47,955,526 votes for, 1,649,633 votes against, 103,325 abstentions, and 4,633,226 broker non-votes. Other directors generally received around 48–49 million votes in favor, with relatively few votes against or abstentions.
Stockholders also voted on two additional matters. One proposal received 46,971,099 votes for, 2,539,067 votes against, 198,318 abstentions, and 4,633,226 broker non-votes. Another proposal received 53,131,825 votes for, 1,077,647 votes against, and 132,238 abstentions with no broker non-votes reported. The company indicated the report was signed by Kropelnicki on its behalf.
California Water Service Group announced leadership changes, promoting Tamara S. Johnson to Vice President, California Operations and Gregory D. Shimansky to Vice President, Rates and Regulatory Affairs, effective July 1, 2026. The Board of Directors unanimously approved the promotions.
Johnson moves up from Director of Field Operations for the Southern California Region and brings 40 years of public water utility experience, all with the company and its largest subsidiary. Shimansky, who joined the Group in 2024, will succeed retiring executive Greg A. Milleman after a decade at the company and will focus on rates and regulatory affairs, supporting efforts to balance affordable customer rates with needed infrastructure investment.
California Water Service Group reported that the California Public Utilities Commission issued a final decision on California Water Service’s 2024 General Rate Case and Infrastructure Improvement Plan. The decision raises company-wide revenues by $90.5 million in 2026 (a 10.9% rate increase), $43.2 million in 2027 (a 4.7% increase), and $48.9 million in 2028 (a 5.1% increase).
The decision authorizes $1.45 billion of infrastructure investments from 2024 through 2027 plus up to $229 million in additional projects via the CPUC’s advice letter process. It also renews key adjustment mechanisms, adds a new sales reconciliation mechanism, and approves a rate design aimed at stabilizing cost recovery while supporting affordability. Cal Water expects to implement the new rates effective July 1, 2026.
California Water Service Group furnished first-quarter 2026 results and regulatory updates. Revenue rose to $214.6 million from $204.0 million in Q1 2025, but net income fell to $4.0 million, or $0.07 per diluted share, from $13.3 million, or $0.22 per share, mainly reflecting the absence of new California rates.
The company highlighted a revised proposed decision in its 2024 California General Rate Case that would authorize additional revenue of $90.5 million in 2026, $43.2 million in 2027 and $48.9 million in 2028, with key stabilization mechanisms. It invested $129.4 million in infrastructure in Q1 and plans up to $627 million of 2026 investment based on the revised decision.
California Water also agreed to acquire Nexus Water Group’s Nevada and Oregon systems for about $218 million, adding roughly 36,000 equivalent residential units and about $109 million of rate base, and moved to buy the remaining interest in BVRT. The board announced an 8% annual dividend increase to an expected $1.34 per share and declared a $0.335 quarterly dividend, marking 325 consecutive quarterly payments.
California Water Service Group declared its 325th consecutive quarterly dividend of $0.3350 per common share. The dividend is payable on May 22, 2026 to stockholders of record as of the close of business on May 11, 2026.
The company is the largest regulated water utility in the western United States, providing water and wastewater services to more than 2.2 million people across California, Hawaii, New Mexico, Washington, and Texas through its various regulated subsidiaries.
California Water Service Group announced that the California Public Utilities Commission issued a proposed decision on the 2024 General Rate Case for its largest subsidiary.
The proposal authorizes additional revenues of $92.3 million in 2026 (an 11.1% rate increase), $50.8 million in 2027 (a 5.5% increase), and $52.4 million in 2028 (a 5.4% increase). It would reauthorize a Monterey-style revenue adjustment mechanism, add sales reconciliation and balancing mechanisms, and adopt a rate design expected to better recover fixed costs, though it does not approve the company’s full decoupling request. Written comments are due April 2, 2026, and a final CPUC decision is expected around April 30, 2026.
California Water Service Group reports that Greg A. Milleman, its Vice President of Rates and Regulatory Affairs, has notified the company of his intention to retire. His retirement date will be set later, and he will retire after 13 years of service with the company.
The company plans to announce his replacement before the effective retirement date, indicating an orderly transition in leadership for its rates and regulatory affairs function.
California Water Service Group reported lower quarterly and annual earnings while outlining a major expansion plan. For Q4 2025, net income fell to $11.5 million, or $0.19 per diluted share, from $19.7 million, or $0.33, mainly as wet December weather reduced water use. Q4 revenue was roughly flat at $220.0 million versus $222.2 million a year earlier.
For full-year 2025, revenue was $1,000.1 million compared with $1,036.8 million in 2024, and net income declined to $128.2 million from $190.8 million. On a non‑GAAP basis that excludes 2023 interim rate relief recorded in 2024, 2025 net income of $128.2 million was close to 2024’s adjusted $126.8 million, showing more stable underlying performance.
The company also agreed to buy Nexus Water Group’s Nevada and Oregon water and wastewater subsidiaries for about $218 million, funded with working capital and existing debt and equity facilities. The deal is expected to close by the end of 2026, add about 36,000 equivalent residential connections, and increase consolidated rate base by roughly $109 million. Management expects the acquisition to be accretive within a year after closing, further strengthening its regulated utility footprint across the western United States.
California Water Service Group declared a quarterly cash dividend of $0.3350 per common share. The company stated that this dividend will be paid on February 20, 2026 to stockholders who are on record as of the close of business on February 9, 2026.
California Water Service Group, through its California regulated utility subsidiary Cal Water, reports that the California Public Utilities Commission has granted Cal Water and three other Class A water companies an additional one-year extension for their joint cost of capital filing deadline to May 1, 2027. The existing Water Cost of Capital Mechanisms will remain in effect during this extended period, meaning the current regulatory framework for determining returns on investment stays in place for longer. The company also issued a press release to announce this extension.
California Water Service Group announced its financial results for the third quarter of 2025, for the period ended September 30, 2025. The company will host a conference call on Thursday, October 30, 2025, at 11:00 am EDT to discuss results and management’s outlook.
The press release is provided as Exhibit 99.1 and a slide presentation for the call is provided as Exhibit 99.2; both will be available on the company’s website under Investor Relations. The information is furnished under Item 2.02 and is not deemed filed under Section 18 of the Exchange Act.
California Water Service Group declared a quarterly cash dividend of $0.30 per common share. The dividend is payable on November 21, 2025 to shareholders of record at the close of business on November 10, 2025. This update was announced via press release and filed on a Form 8-K.
California Water Service Group entered into new long-term financing on October 1, 2025. The company sold $70 million of 4.87% Senior Unsecured Notes, Series A, due October 1, 2032, and $100 million of 5.22% Senior Unsecured Notes, Series B, due October 1, 2035, under a Note Purchase Agreement.
Its subsidiary California Water Service Company also issued $200 million of 5.64% First Mortgage Bonds due October 1, 2055, secured by liens on its properties. The notes carry an S&P rating of “A” and the bonds are rated “AA-.” The group and subsidiary plan to use net proceeds primarily to refinance existing debt and for general corporate purposes. These securities were privately placed and not registered under the Securities Act of 1933.