California Water Service Group's Suppliers recorded an increase in sales by 9.77 % year on year in Q2 2026, sequentially sales grew by 8.58 %, California Water Service Group recorded an increase in cost of sales by 7.41 % year on year, sequentially cost of sales grew by 28.76 % in Q2.
California Water Service Group's Suppliers recorded an increase in sales by 9.77 % year on year in Q2 2026, sequentially sales grew by 8.58 %, California Water Service Group recorded increase in cost of sales by 7.41 % year on year, sequentially cost of sales grew by 28.76 % in Q2.
California Water Service Group's Comment on Supply Chain
The company sources its water supply from a combination of wells, wholesale suppliers, and a small portion from surface sources treated at company-owned water treatment plants. Approximately 50% of the annual water supply is pumped from wells. Some wells extract groundwater from adjudicated groundwater basins in California, providing about 8.2 billion gallons, or 15% of the total average annual water supply pumped from wells. The company holds rights to carry forward unused adjudicated groundwater. Other wells draw from locally managed or unmanaged basins without set extraction limits. Average annual groundwater extraction from managed basins is approximately 30.9 billion gallons, representing 56.2% of the total average annual water supply pumped from wells. The company contributes financially to groundwater recharge facilities through well pump taxes, which amounted to $24.2 million in 2025, $21.8 million in 2024, and $19.0 million in 2023. The Sustainable Groundwater Management Act of 2014 (SGMA) mandates sustainability plans and progress for California basins. Water availability is influenced by regional and seasonal precipitation patterns. As of December 31, 2025, snowpack, precipitation, and reservoir storage in California were at or above long-term averages. Management considers the supply from underground aquifers and wholesale suppliers to be adequate.
California Water Service Group's Comment on Supply Chain
The company sources its water supply from a combination of wells, wholesale suppliers, and a small portion from surface sources treated at company-owned water treatment plants. Approximately 50% of the annual water supply is pumped from wells. Some wells extract groundwater from adjudicated groundwater basins in California, providing about 8.2 billion gallons, or 15% of the total average annual water supply pumped from wells. The company holds rights to carry forward unused adjudicated groundwater. Other wells draw from locally managed or unmanaged basins without set extraction limits. Average annual groundwater extraction from managed basins is approximately 30.9 billion gallons, representing 56.2% of the total average annual water supply pumped from wells. The company contributes financially to groundwater recharge facilities through well pump taxes, which amounted to $24.2 million in 2025, $21.8 million in 2024, and $19.0 million in 2023. The Sustainable Groundwater Management Act of 2014 (SGMA) mandates sustainability plans and progress for California basins. Water availability is influenced by regional and seasonal precipitation patterns. As of December 31, 2025, snowpack, precipitation, and reservoir storage in California were at or above long-term averages. Management considers the supply from underground aquifers and wholesale suppliers to be adequate.
CWT's Suppliers Net Income grew by
CWT's Suppliers Net margin grew in Q2 to
87.6 %
22.48 %
CWT's Suppliers Net Income grew by 87.6 %
CWT's Suppliers Net margin grew in Q2 to 22.48 %
California Water Service Group's Suppliers Sales Growth
in Q2 2026 by Industry
Sources:
California Water Service Group's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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3.69 % 