Earnings ·
PG&E Corporation reported financial results for the second quarter ended June 30, 2026
PCG-PXPG&E Corp
PG&E Corporation reported financial results for the second quarter ended June 30, 2026. GAAP earnings were $0.33 per diluted share, compared to $0.24 for the same period in 2025. Non-GAAP core earnings were $0.40 per diluted share, up from $0.31 in 2025. The company reaffirmed its full-year 2026 non-GAAP core EPS guidance of $1.64 to $1.66 per share. Additionally, the company completed a $2.2 billion Utility bond issuance in June, contributing to $4.4 billion in total Utility debt financings for the year. Operational highlights include the launch of a Continuous Monitoring Center and the construction of 37 miles of underground powerlines. The company operates in the energy utility industry, providing electricity and natural gas services to customers in Northern and Central California.