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

PCG•2026-07-23

Liquidity remains strong

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.

PG&E reports higher quarterly profit and income

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 as electricity and wildfire costs rose

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.

Sources

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

Sec

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

Liquidity remains strong

PG&E reports higher quarterly profit and income

Revenue was flat as electricity and wildfire costs rose

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Sources

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

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