PG&E revenue and financials
$12.35Change from previous close: +0.20%Absolute change: +$0.03
In the fiscal year ended December 2025, PG&E reported revenue of $24.94B (+2.11% year over year). Net income was $2.7B, a net margin of 10.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +2.11%
- 2025 vs 2024
- Net income growth
- +7.60%
- 2025 vs 2024
- Net margin
- 10.8%
- 2024: 10.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 24,935 | 24,419 | 24,428 | 21,680 | 20,642 | 18,469 | 17,129 | 16,759 | 17,135 | 17,666 |
| Cost of revenue | 15,065 | 15,261 | 16,121 | 14,665 | — | — | — | — | — | — |
| Gross profit | 9,870 | 9,158 | 8,307 | 7,015 | — | — | — | — | — | — |
| Operating income | 4,749 | 4,459 | 2,671 | 1,837 | 1,883 | 1,755 | -10,094 | -9,700 | 2,905 | 2,080 |
| EBIT | 5,451 | 5,363 | 3,549 | 2,393 | — | — | — | — | — | — |
| EBITDA | 10,085 | 9,552 | 7,287 | 6,249 | — | — | — | — | — | — |
| Interest expense | 3,028 | 3,051 | 2,850 | 1,917 | 1,601 | 1,260 | 934 | 929 | 888 | 829 |
| Pre-tax income | 2,423 | 2,312 | 699 | 476 | — | — | — | — | — | — |
| Income tax | -280 | -200 | -1,557 | -1,338 | 836 | 362 | -3,400 | -3,292 | 511 | 55.0 |
| Net income | 2,703 | 2,512 | 2,256 | 1,814 | -88.0 | -1,304 | -7,642 | -6,837 | 1,660 | 1,407 |
| Net income to common shareholders | 2,593 | 2,475 | 2,242 | 1,800 | — | — | — | — | — | — |
| Basic EPS | 1.18 | 1.16 | 1.09 | 0.91 | -0.05 | -1.05 | -14.50 | -13.25 | 3.21 | 2.79 |
| Diluted EPS | 1.18 | 1.15 | 1.05 | 0.84 | -0.05 | -1.05 | -14.50 | -13.25 | 3.21 | 2.78 |
| Average shares (basic) | 2,197 | 2,141 | 2,064 | 1,987 | — | — | — | — | — | — |
| Average shares (diluted) | 2,202 | 2,147 | 2,138 | 2,132 | 1,985 | 1,257 | 528 | 517 | 513 | 501 |