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

PG&E Corporation

PG&E Corporation

PCG

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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.


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