PG&E Corp

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

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

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Contents

Item 1. CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(in millions, except per share amounts)

(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	2,860	2,757	5,506	5,393
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	4,802	4,852	9,565	9,437
Operating Income	1,096	1,134	2,316	2,410
Interest income	181	202	298	339
Interest expense	(792)	(812)	(1,526)	(1,527)
Other income, net	84	82	154	158
Income Before Income Taxes	569	606	1,242	1,380
Income tax provision	20	82	59	121
Net Income	549	524	1,183	1,259
Preferred stock dividend requirement	28	4	55	7
Income Available for Common Shareholders	$521	$520	$1,128	$1,252
Weighted Average Common Shares Outstanding, Basic	2,198	2,137	2,196	2,136
Weighted Average Common Shares Outstanding, Diluted	2,203	2,142	2,201	2,141
Net Income Per Common Share, Basic	$0.24	$0.24	$0.51	$0.59
Net Income Per Common Share, Diluted	$0.24	$0.24	$0.51	$0.58

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.