PG&E PCG Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total operating revenues by Product | ||||||
| Electric | $4.97B+20.1% | $3.81B-31.8% | $5.85B-0.1% | $4.59B-5.9% | $4.14B+2.0% | |
| Natural Gas, US Regulated | $2.02B-20.4% | $1.94B+3.6% | $1.5B+6.6% | $1.48B-2.9% | $2.53B+10.1% | |
| Cost of Product and Service Sold by Product | ||||||
| Electric | $561M+40.6% | $596M+74.3% | $1.02B+21.6% | $599M-21.5% | $399M+24.3% | |
| Natural Gas, US Regulated | $470M-5.2% | $369M-0.3% | $131M+47.2% | $111M-45.6% | $496M-6.2% | |
| Regulatory balancing accounts by Product | ||||||
| Electric | $606M+818% | $1.59B— | -$1.09B+16.8% | -$175M+58.1% | $66M+633% | |
| Natural Gas, US Regulated | -$102M+85.1% | -$380M— | $397M+5.6% | $523M-37.9% | -$686M-39.4% | |
| Contract Volume by Product | ||||||
| Electric | 83.6M-28.4% | 93.7M-23.8% | 101.5M-23.6% | 103.4M-29.9% | 116.8M-28.3% | |
| Natural Gas | 204.6M+16.0% | 232.8M+29.9% | 274.9M+17.3% | 293.5M+7.1% | 176.4M-16.3% |
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.
