PG&E (PCG) financial statements

+88.4%since 2007
FY2025 revenue
$24.9B▲ +2.1%
FY2025 net income
$2.7B▲ +7.6%
FY2025 diluted EPS
$1.18▲ +2.6%
FY2025 free cash flow
−$3.1B

PG&E income statement

PG&E income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue24,93524,41924,428
Operating income4,7494,4592,671
Pretax income2,4232,312699
Net income2,7032,5122,256
Diluted earnings per share1.181.151.05

PG&E balance sheet

PG&E balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents7131,213635
Total assets141,611133,660125,698
Total liabilities (derived)108,819103,259100,406
Total equity32,79230,40125,292
Long-term debt57,38753,56950,975

PG&E cash flow statement

PG&E cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow8,7168,0354,747
Capital expenditure-11,787-10,369-9,714
Free cash flow (derived)-3,071-2,334-4,967
Dividends paidn/a-860

Quarterly highlights

Quarterly highlights
USD millionsQ2 FY2026Q1 FY2026Q4 FY2025Q3 FY2025
Period ended30 Jun 202631 Mar 202631 Dec 202530 Sep 2025
Revenue (derived)5,9026,8816,8046,250
Operating income (derived)1,2631,4701,2241,209
Net income (derived)761885670850
Diluted earnings per share0.330.39n/a0.37
Operating cash flow (derived)9062,4301,9602,851
Total assets145,076141,953141,611138,249

PG&E major shareholders

PG&E major shareholders
HolderShare of classSharesFiled
BlackRock, Inc.8.1%178,042,98625 April 2025
Vanguard Capital Management7.4%163,534,81130 April 2026
Abigail P. Johnson6.0%132,160,0406 August 2025
FMR LLC6.0%132,160,0406 August 2025
STATE STREET CORPORATION5.2%114,004,06813 May 2025

PG&E 10-K and SEC filings

PG&E 10-K and SEC filings
FiledFormTypeDescription
22 October 20268-KCurrent reportCurrent report
22 October 202610-QQuarterly reportQuarterly report
31 August 20268-KCurrent reportCURRENT REPORT
4 August 20268-KCurrent reportCurrent report
23 July 202610-QQuarterly reportQuarterly report
23 July 20268-KCurrent reportCurrent report
23 June 20268-KCurrent reportCurrent report
3 June 20268-KCurrent reportCurrent report

Common questions

What was PG&E's revenue in fiscal 2025?

PG&E reported $24.9 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 2.1% from fiscal 2024.

What was PG&E's net income in fiscal 2025?

PG&E reported net income of $2.7 billion for fiscal 2025, the year ended 31 December 2025, up 7.6% from fiscal 2024. Diluted earnings per share were $1.18.

What was PG&E's free cash flow in fiscal 2025?

PG&E had negative free cash flow of $3.1 billion in fiscal 2025. Operating cash flow was $8.7 billion and capital expenditure was $11.8 billion.

What were PG&E's total assets at the end of fiscal 2025?

PG&E reported total assets of $141.6 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much PG&E history does each plan include?

Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.