Con Edison Q2 FY26 net income rises 25.2% to $308 million
ED•Q2 results and full-year guidance
- Consolidated Edison posted 2026 Q2 GAAP net income for common stock of $308 million, up 25.2%, lifting GAAP EPS to $0.83 from $0.68.
- Adjusted (non-GAAP) EPS rose to $0.83 from $0.67, reflecting $308 million of adjusted earnings versus $240 million a year earlier.
- First-half GAAP net income for common stock climbed to $1.23 billion from $1.04 billion, while adjusted (non-GAAP) EPS edged up to $3.00 from $2.91.
- Management highlighted continued electric reliability, stepped-up resilience investment for extreme heat, and plans for 28 new substations in service by 2035.
- Con Edison reaffirmed 2026 adjusted (non-GAAP) EPS guidance of $6.00 to $6.20.
