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PG&E PCG Total costs & expenses

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Income statement

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Revenue$5.9B+0.1%
Operating income$1.3B+15.2%
Net income$761.0M+38.6%
EPS (diluted)$0.33+37.5%

Balance sheet

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Cash & equivalents$1.2B+70.8%
Total debt$63.6B+13.6%
Total equity$33.9B+8.7%
Total assets$145.08B+6.4%

Cash flow

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Operating cash flow$906.0M-14.3%
CapEx$3.0B-3.2%
Free cash flow-$2.1B-2.6%

Valuation

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Market cap$38.28B+15.8%
Enterprise value$100.68B+13.9%
P/E12.1×-1.5×
P/S1.5×+0.1×

Profitability

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Operating margin20%+2.1pp
Net margin12.3%+2.3pp
FCF margin-16.5%

Returns & leverage

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Return on equity9.7%+1.2pp
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:OperatingCostsAndExpenses.

The source filing: PG&E’s 10-Q, filed July 23, 2026.

Filed
Jul 22, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001004980-26-000048
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Wildfire-related claims, net of recoveries5099
Wildfire Fund expense126109228185
Depreciation, amortization, and decommissioning1,0621,0732,2282,170
Total operating expenses4,6394,80210,0509,565
Operating Income1,2631,0962,7332,316
Interest income110181232298
Interest expense(796)(792)(1,599)(1,526)
Other income, net9784213154

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is PG&E's total costs & expenses?
PG&E (PCG) reported total costs & expenses of $4.64B in Q2 2026.
How has PG&E's total costs & expenses changed year-over-year?
PG&E's total costs & expenses decreased by 3.4% year-over-year, from $4.8B to $4.64B.
What is the long-term trend for PG&E's total costs & expenses?
Over 4 years (2021 to 2025), PG&E's total costs & expenses has grown at a 1.8% compound annual growth rate (CAGR), from $18.76B to $20.19B.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the company during a reporting period, including cost of goods sold, administrative expenses, depreciation, and other operational outlays. It provides a comprehensive view of the total resource consumption required to sustain the business model. Analyzing this total allows stakeholders to evaluate the company's overall cost structure relative to its revenue generation capabilities.

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