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PG&E PCG Wildfire-related claims

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Other financials

Income statement

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Revenue$5.9B+0.1%
Operating income$1.3B+15.2%
Net income$761.0M+38.6%
EPS (diluted)$0.33+37.5%

Balance sheet

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Cash & equivalents$1.2B+70.8%
Total debt$63.6B+13.6%
Total equity$33.9B+8.7%
Total assets$145.08B+6.4%

Cash flow

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Operating cash flow$906.0M-14.3%
CapEx$3.0B-3.2%
Free cash flow-$2.1B-2.6%

Valuation

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Market cap$38.45B+15.8%
Enterprise value$100.86B+13.9%
P/E12.2×-1.5×
P/S1.5×+0.1×

Profitability

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Operating margin20%+2.1pp
Net margin12.3%+2.3pp
FCF margin-16.5%

Returns & leverage

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Return on equity9.7%+1.2pp
Debt / equity1.9×+0.1×
Current ratio1.2×+0.3×

Where this comes from

Reported directly by PG&E in its filing.

Tagged under the XBRL concept pcg:WildfireRelatedClaims.

The source filing: PG&E’s 10-Q, filed July 23, 2026.

Filed
Jul 22, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001004980-26-000048
Line itemBalance at / June 30, 2026Balance at / December 31, 2025
Other915929
Operating lease liabilities9190
Interest payable (includes $70 million and $72 million related to VIEs at respective dates)833764
Wildfire-related claims309524
Other2,9184,025
Total current liabilities12,66716,300
Noncurrent Liabilities
Long-term debt (includes $11.6 billion and $11.7 billion related to VIEs at respective dates)61,76857,387

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is PG&E's wildfire-related claims?
PG&E (PCG) reported wildfire-related claims of $309M in Q2 2026.
How has PG&E's wildfire-related claims changed year-over-year?
PG&E's wildfire-related claims decreased by 60.7% year-over-year, from $787M to $309M.
What is the long-term trend for PG&E's wildfire-related claims?
Over 5 years (2020 to 2025), PG&E's wildfire-related claims has grown at a -25.3% compound annual growth rate (CAGR), from $2.25B to $524M.
What does wildfire-related claims mean?
This represents the estimated financial obligations arising from wildfire-related litigation and settlements expected to be settled within the next twelve months. It reflects the company's short-term exposure to legal and remediation costs associated with catastrophic events. Monitoring this helps investors assess immediate liquidity pressure and the progress of legal resolution processes.

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