Sempra Q1 FY26 GAAP earnings rise 14.5% to $1.04 billion; revenue falls to $3.66 billion
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- Sempra posted first-quarter GAAP earnings of $1.04 billion, or $1.58 per diluted share, up 14.46% from a year earlier.
- Adjusted earnings slipped 5.46% to $991 million, while adjusted EPS rose 4.86% to $1.51.
- Revenue eased 3.87% to $3.66 billion, with natural gas revenue down to $2.03 billion while electric revenue climbed to $1.22 billion.
- Oncor’s base rate settlement set an annual revenue requirement of about $6.97 billion, with a 9.75% authorized return on equity; impacts begin in second quarter.
- Full-year GAAP EPS guidance updated to $4.87 to $5.37, while adjusted EPS guidance held at $4.80 to $5.30; CEO Jeffrey W. Martin said results were “a great start to the year” as the company executes utility modernization and capital recycling.
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. Sempra published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605070755PR_NEWS_USPR_____LA52984) on May 07, 2026, and is solely responsible for the information contained therein.
