Free cash flow
PG&E Free cash flow increased by 22.6% to -$926.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 534.7%, from $213.00M to -$926.00M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a -13.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.81B | -$1.03B | -$2.01B | -$649.00M | -$2.25B | -$1.80B | -$1.16B | -$1.10B | -$1.12B | -$611.00M | -$2.14B | -$377.00M | -$1.59B | $526.00M | -$896.00M | $213.00M | -$2.01B | -$80.00M | -$1.20B | -$926.00M |
| QoQ Change | — | +43.4% | -96.3% | +67.7% | -246.8% | +20.1% | +35.3% | +5.2% | -1.3% | +45.3% | -249.6% | +82.4% | -321.0% | +133.1% | -270.3% | +123.8% | <-999% | +96.0% | <-999% | +22.6% |
| YoY Change | — | — | — | — | -24.4% | -75.5% | +42.1% | -70.0% | +50.4% | +66.0% | -83.5% | +65.8% | -42.1% | +186.1% | +58.1% | +156.5% | -26.5% | -115.2% | -33.5% | -534.7% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is PG&E's free cash flow?
- PG&E (PCG) reported free cash flow of -$926.00M in Q1 2026.
- How has PG&E's free cash flow changed year-over-year?
- PG&E's free cash flow decreased by 534.7% year-over-year, from $213.00M to -$926.00M.
- What is the long-term trend for PG&E's free cash flow?
- Over 4 years (2021 to 2025), PG&E's free cash flow has grown at a -13.3% compound annual growth rate (CAGR), from -$5.43B to -$3.07B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.