PG&E Corporation (NYSE: PCG) reported third-quarter 2026 net income of $776 million on operating revenue of $6.188 billion. Income available for common shareholders was $749 million, or $0.34 per diluted share under GAAP, compared with $0.37 per diluted share a year earlier.
The company reaffirmed full-year 2026 non-GAAP core EPS guidance of $1.64 to $1.66 and 2027 guidance of $1.78 to $1.82 per share.
- Third-quarter GAAP income available for common shareholders was $749 million, versus $823 million in the prior-year quarter.
- Third-quarter operating revenue was $6.188 billion, compared with $6.250 billion a year earlier.
- GAAP earnings for the first nine months of 2026 were $1.06 per share, versus $0.89 per share in the same period of 2025.
- PG&E filed a 5,000-mile undergrounding plan with California regulators and reported nearly $15 million in energy-bill assistance for more than 46,000 customers.
- The company said it remains on track to meet its 2% to 4% non-fuel operating and maintenance cost-reduction target and is implementing a previously announced $2 billion reduction to its 2027 capital plan.
