PG&E PCG Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total operating revenues by Product | ||||||
| Electric | $4.97B+30.3% | $3.81B-34.8% | $5.85B+27.4% | $4.59B+11.0% | $4.14B-26.1% | |
| Natural Gas, US Regulated | $2.02B+4.1% | $1.94B+29.5% | $1.5B+0.7% | $1.48B-41.4% | $2.53B+35.7% | |
| Cost of Product and Service Sold by Product | ||||||
| Electric | $561M-5.9% | $596M-41.3% | $1.02B+69.4% | $599M+50.1% | $399M+16.7% | |
| Natural Gas, US Regulated | $470M+27.4% | $369M+182% | $131M+18.0% | $111M-77.6% | $496M+34.1% | |
| Regulatory balancing accounts by Product | ||||||
| Electric | $606M-61.9% | $1.59B+246% | -$1.09B-525% | -$175M-365% | $66M— | |
| Natural Gas, US Regulated | -$102M+73.2% | -$380M-196% | $397M-24.1% | $523M+176% | -$686M— | |
| Contract Volume by Product | ||||||
| Electric | 83.6M-10.8% | 93.7M-7.7% | 101.5M-1.9% | 103.4M-11.4% | 116.8M-5.1% | |
| Natural Gas | 204.6M-12.1% | 232.8M-15.3% | 274.9M-6.3% | 293.5M+66.4% | 176.4M-1.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does PG&E break its business down?
- PG&E (PCG) reports total operating revenues by product across 2 parts — Electric and Natural Gas, US Regulated. Each is extracted from the segment footnotes and tracked over time.
- Where does PG&E's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in PG&E's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
