PG&E Corporation (PCG) financials
PG&E revenue and earnings by year
PG&E's revenue was $24.9 billion in the fiscal year to December 31, 2025, up 2.1% from the year before. Net income was $2.70 billion, 10.8% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.9 | 24.4 | 24.4 | 21.7 | 20.6 | 18.5 | 17.1 | 16.8 | 17.1 | 17.7 |
| Revenue growth | 2.1% | -0.0% | 12.7% | 5.0% | 11.8% | 7.8% | 2.2% | -2.2% | -3.0% | — |
| Gross profit | 9.9 | 9.2 | 8.3 | 7.0 | 6.1 | 5.9 | 4.6 | 5.1 | 5.8 | 5.0 |
| Gross margin | 39.6% | 37.5% | 34.0% | 32.4% | 29.4% | 31.9% | 26.7% | 30.5% | 33.6% | 28.1% |
| Operating income | 4.7 | 4.5 | 2.7 | 1.8 | 1.9 | -0.2 | -10.4 | -9.7 | 2.9 | 2.1 |
| Operating margin | 19.0% | 18.3% | 10.9% | 8.5% | 9.1% | -1.1% | -60.9% | -57.9% | 17.0% | 11.8% |
| Net income | 2.7 | 2.5 | 2.3 | 1.8 | -0.1 | -1.3 | -7.7 | -6.9 | 1.6 | 1.4 |
| Net margin | 10.8% | 10.3% | 9.2% | 8.4% | -0.5% | -7.1% | -44.7% | -40.9% | 9.6% | 7.9% |
| Diluted EPS | $1.18 | $1.15 | $1.05 | $0.84 | -$0.05 | -$1.05 | -$14.50 | -$13.25 | $3.21 | $2.78 |
| Free cash flow | -3.1 | -2.3 | -5.0 | -5.9 | -5.4 | -26.8 | -1.5 | -1.8 | 0.3 | -1.3 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PCG in Markets.
See also: PCG valuation and P/E history · PCG returns
No forecast, no recommendation. This page describes PG&E Corporation from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.