PG&E Corp
For the period ended Jun 30, 2025. Filed Jul 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 31, 2025
PCG$13.23+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF INCOME
| (Unaudited) | ||||
|---|---|---|---|---|
| Three Months Ended June 30, | Six Months Ended June 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Operating Revenues | ||||
| Electric | $4,414 | $4,458 | $8,549 | $8,510 |
| Natural gas | 1,484 | 1,528 | 3,332 | 3,337 |
| Total operating revenues | 5,898 | 5,986 | 11,881 | 11,847 |
| Operating Expenses | ||||
| Cost of electricity | 599 | 763 | 998 | 1,084 |
| Cost of natural gas | 111 | 204 | 607 | 733 |
| Operating and maintenance | 2,854 | 2,753 | 5,492 | 5,384 |
| Wildfire-related claims, net of recoveries | 50 | (3) | 99 | (4) |
| Wildfire Fund expense | 109 | 78 | 185 | 156 |
| Depreciation, amortization, and decommissioning | 1,073 | 1,053 | 2,170 | 2,075 |
| Total operating expenses | 4,796 | 4,848 | 9,551 | 9,428 |
| Operating Income | 1,102 | 1,138 | 2,330 | 2,419 |
| Interest income | 179 | 199 | 293 | 333 |
| Interest expense | (713) | (750) | (1,368) | (1,404) |
| Other income, net | 83 | 79 | 154 | 158 |
| Income Before Income Taxes | 651 | 666 | 1,409 | 1,506 |
| Income tax provision | 39 | 101 | 102 | 160 |
| Net Income | 612 | 565 | 1,307 | 1,346 |
| Preferred stock dividend requirement | 4 | 4 | 7 | 7 |
| Income Available for Common Stock | $608 | $561 | $1,300 | $1,339 |
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