PG&E Q2 FY26 profit attributable to common shareholders rises 41% to $733 million

Reuters2026/07/23 10:10

By:Reuters

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PG&E posted earnings attributable to common shareholders of USD 733 million for the quarter ended June 30, 2026, up 41%.
Utility net income rose 36% to USD 831 million, while operating income increased 15% to USD 1.26 billion.
Revenue was flat at USD 5.9 billion, while cost of electricity climbed 34% to USD 800 million.
Wildfire Fund expense rose 16% to USD 126 million, driven by accelerated amortization tied to SCE’s Eaton Fire Wildfire Fund disclosure.
Liquidity totaled about USD 6.5 billion at June 30, including USD 5.5 billion of revolver availability; PG&E does not expect equity issuances through 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PG&E Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001004980-26-000048), on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PG&E Q2 FY26 profit attributable to common shareholders rises 41% to $733 million

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