Consolidated Water reports Q2 2026 earnings beating estimates

Consolidated Water Co. Ltd. reported its second quarter 2026 financial results, posting an earnings per share (EPS) of $0.25, which exceeded the consensus estimate of $0.22. Total revenue for the quarter was $32.9 million, representing a 2% decrease compared to the same period in the previous year.

Operational highlights include a 20% increase in bulk revenue, driven by energy-related revenue in the Bahamas and the commissioning of two new seawater desalination plants on Cat Island. The company also secured a 25-year exclusive water production and supply concession for Seven Mile Beach and West Bay in Grand Cayman, and received an extension for operating agreements in North Sound and North Side.

Net income attributable to company stockholders was $3.9 million, or $0.24 per diluted share. The company reported cash and cash equivalents of $132.6 million as of June 30, 2026. Additionally, Sachin Chawla has been appointed as the new senior vice president of strategy and growth.