Revenues (Tables)

6 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Abstract]

For the three and six months ended June 30, 2026 and 2025, disaggregated revenues from contracts with customers by segment were as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands)	2026		2025		2026		2025
Water:
Tariff-based revenues	$	129,779	$	117,240	$	240,974	$	217,571
CPUC-approved surcharges (cost-recovery activities)	190		1,756		604		2,561
Other	691		689		1,309		1,300
Water revenues from contracts with customers	130,660		119,685		242,887		221,432
M-WRAM under-collection (alternative revenue program)	390		12		1,273		268
Total water revenues	131,050		119,697		244,160		221,700

Electric:
Tariff-based revenues	12,462		11,780		30,198		25,513
CPUC-approved surcharges (cost-recovery activities)	978		1,384		2,637		1,427
Electric revenues from contracts with customers	13,440		13,164		32,835		26,940
BRRBA under/(over)-collection (alternative revenue program)	186		(236)		(552)		990
Total electric revenues	13,626		12,928		32,283		27,930

Contracted services:
Water	23,714		14,398		46,892		31,010
Wastewater	12,900		16,043		27,146		30,439
Contracted services revenues from contracts with customers	36,614		30,441		74,038		61,449

Total AWR revenues	$	181,290	$	163,066	$	350,481	$	311,079

Schedule of Contract with Customer, Asset and Liability

The opening and closing balances of the receivable from the U.S. government, contract assets, and contract liabilities from contracts with customers, which are related entirely to ASUS, are as follows:


(dollars in thousands)	June 30, 2026		December 31, 2025
Unbilled receivables	$	3,410	$	5,048
Receivable from the U.S. government	$	63,390	$	74,060
Contract assets	$	29,972	$	31,507
Contract liabilities	$	10,679	$	11,735