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PG&E PCG Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Total operating revenues by Product
Electric$19.22B-6.1%$18.38B-9.8%$20.17B+15.7%$20.17B+17.7%$20.46B+26.9%
Natural Gas, US Regulated$6.93B-5.5%$7.45B+4.9%$7.38B-1.5%$7.29B-2.5%$7.33B-0.7%
Cost of Product and Service Sold by Product
Electric$2.77B+18.5%$2.61B+15.4%$2.36B+1.4%$2.18B-6.8%$2.34B+4.3%
Natural Gas, US Regulated$1.08B-6.7%$1.11B-7.1%$1.11B-9.8%$1.07B-17.8%$1.16B-15.2%
Regulatory balancing accounts by Product
Electric$929M$389M
Natural Gas, US Regulated$438M-$146M
Contract Volume by Product
Electric382.2M-26.5%415.4M-26.6%444.7M-27.5%476.1M-27.9%520.2M-24.9%
Natural Gas1B+16.4%977.6M+8.8%924M+1.0%883.5M-4.4%864M-3.6%

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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.