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PG&E PCG Q2 2025 earnings

Reported July 31, 2025 · Before market open

Revenue estimate$6.2B
EPS estimate$0.32

Next report

Jul 23, 2026 (In 1 week)
Revenue estimate$6.1B
EPS estimate$0.37

Financials

Q2 2025

Income statement

See full
Revenue$5.9B-1.5%
Operating income$1.1B-3.4%
Net income$549.0M+4.8%
EPS (diluted)$0.240.0%

Balance sheet

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Cash & equivalents$715.0M-53.9%
Total debt$56.0B-5.1%
Total equity$31.2B+18.8%
Total assets$136.38B+4.3%

Cash flow

See full
Operating cash flow$1.1B+48.7%
CapEx$3.1B+33.4%
Free cash flow-$2.0B-26.5%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$31.12B-16.5%
Enterprise value$86.44B-8.8%
P/E12.8×-1.9×
P/S1.3×-0.2×

Profitability

See full
Operating margin17.9%+1.9pp
Net margin10%-0.3pp

Returns & leverage

See full
Return on equity8.5%-1.6pp
Debt / equity1.8×-0.5×
Current ratio0.9×0.0×

Segments

By product

See full
Electric$4.6B-5.9%
Natural Gas, US Regulated$1.5B-2.9%

Versus estimates

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Questions, answered.

When did PG&E report Q2 2025 earnings?
PG&E (PCG) reported Q2 2025 earnings on July 31, 2025 before market open.
What were PG&E's Q2 2025 revenue and EPS?
PG&E reported revenue of $5.9B and diluted EPS of $0.31 for Q2 2025.
Did PG&E beat estimates in Q2 2025?
Revenue missed the consensus estimate of $6.2B by $340.9M. EPS missed the consensus estimate of $0.32 by $0.01.
How did PG&E's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 1.5% from $6.0B a year earlier and diluted EPS grew 0.0% from $0.31.
Where can I find PG&E's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001004980-25-000132) directly on SEC EDGAR. The filing index links above go to sec.gov.