PG&E financials
$11.95−3.16%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.93B | $24.42B | $24.43B | $21.68B | $20.64B | $18.47B | $17.13B | $16.76B | $17.14B | $17.67B |
| Gross profit | $21.22B | $20.97B | $20.23B | $16.82B | $16.26B | $14.57B | $13.30B | $12.26B | $12.08B | $12.29B |
| Gross margin | 85.1% | 85.9% | 82.8% | 77.6% | 78.8% | 78.9% | 77.6% | 73.2% | 70.5% | 69.5% |
| Operating income | $4.75B | $4.46B | $2.67B | $1.84B | $1.88B | $1.75B | -$10.09B | -$9.70B | $2.90B | $2.08B |
| Net income | $2.59B | $2.48B | $2.24B | $1.80B | -$102.0M | -$1.32B | -$7.66B | -$6.85B | $1.65B | $1.39B |
| Net margin | 10.4% | 10.1% | 9.2% | 8.3% | −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 |
| EBITDA | $9.73B | $9.03B | $6.98B | $6.17B | $5.80B | $5.89B | $4.58B | $5.11B | $5.76B | $4.96B |
| Operating cash flow | $8.72B | $8.04B | $4.75B | $3.72B | $560.0M | -$20.72B | $3.78B | $3.27B | $4.65B | $4.41B |
| Free cash flow | -$3.07B | -$2.33B | -$4.97B | -$5.86B | -$7.13B | -$28.41B | -$2.53B | -$3.25B | -$987.0M | -$1.30B |
| Diluted shares | 2,202.0M | 2,147.0M | 2,138.0M | 2,132.0M | 1,985.0M | 1,257.0M | 528.0M | 517.0M | 513.0M | 501.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $713.0M | $940.0M | $635.0M | $734.0M | $291.0M | $484.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $61.65B | $58.58B | $59.48B | $54.35B | $45.37B | $41.36B |
| Total assets | $141.61B | $133.66B | $125.70B | $118.64B | $103.33B | $97.86B |
| Total liabilities | $108.82B | $103.26B | $100.41B | $95.57B | $82.10B | $76.60B |
| Shareholders' equity | $32.79B | $30.40B | $25.29B | $23.07B | $21.22B | $21.25B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology