What is PG&E's net income?

PG&E (PCG) reported net income of $885M in Q1 2026.

How has PG&E's net income changed year-over-year?

PG&E's net income increased by 39.6% year-over-year, from $634M to $885M.

What is the long-term trend for PG&E's net income?

Over 3 years (2022 to 2025), PG&E's net income has grown at a 14.2% compound annual growth rate (CAGR), from $1.81B to $2.7B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

PG&E PCG Net Income

Net Income at other companies

Edison InternationalEIX

$570M-61.8%

Sempra EnergySRE

$1.15B+25.1%

Xcel EnergyXEL

$556M+15.1%

CMS

CMS EnergyCMS

$277M-6.1%

NorthWestern Energy Group, Inc.NWE

$63.46M-17.5%

BKH

Black HillsBKH

$133.1M-2.4%

Other financials

Income statement

See full

Revenue$6.9B+15.0%

Operating income$1.5B+20.5%

Net income$885.0M+39.6%

EPS (diluted)$0.39+39.3%

Balance sheet

See full

Cash & equivalents$1.5B-38.1%

Total debt$62.3B+12.8%

Total equity$33.3B+8.4%

Total assets$141.95B+4.8%

Cash flow

See full

Operating cash flow$2.4B-14.7%

CapEx$3.4B+27.4%

Free cash flow-$926.0M-535%

Valuation

See full

Market cap$37.04B+21.3%

Enterprise value$97.87B+14.0%

P/E12.5×0.0×

P/S1.4×+0.2×

Profitability

See full

Operating margin19.4%+1.4pp

Net margin11.4%+1.6pp

FCF margin-16.3%—

Returns & leverage

See full

Return on equity9.2%+0.7pp

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 us-gaap:ProfitLoss.

The official record: PG&E’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PG&E's net income?: PG&E (PCG) reported net income of $885M in Q1 2026.
How has PG&E's net income changed year-over-year?: PG&E's net income increased by 39.6% year-over-year, from $634M to $885M.
What is the long-term trend for PG&E's net income?: Over 3 years (2022 to 2025), PG&E's net income has grown at a 14.2% compound annual growth rate (CAGR), from $1.81B to $2.7B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.