PG&E Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	24,762	24,419	24,428	21,680	20,642	18,469
Revenue Growth (YoY)	-0.27%	-0.04%	12.68%	5.03%	11.77%	7.82%
Operations & Maintenance	11,879	11,808	11,924	9,809	10,200	8,684
Depreciation & Amortization	4,357	4,189	3,738	3,856	3,403	3,468
Other Operating Expenses	3,310	3,298	5,318	4,877	3,875	3,482
Total Operating Expenses	19,546	19,295	20,980	18,542	17,478	15,634
Operating Income	5,216	5,124	3,448	3,138	3,164	2,835
Interest Expense	-3,134	-3,088	-2,864	-1,931	-1,615	-1,274
Interest Income	501	604	606	162	20	39
Net Interest Expense	-2,633	-2,484	-2,258	-1,769	-1,595	-1,235
Other Non-Operating Income (Expenses)	122	112	126	-193	-49	67
EBT Excluding Unusual Items	2,705	2,752	1,316	1,176	1,520	1,667
Other Unusual Items	-483	-477	-631	-714	-786	-2,623
Pretax Income	2,222	2,275	685	462	734	-956
Income Tax Expense	-376	-200	-1,557	-1,338	836	362
Net Income	2,598	2,475	2,242	1,800	-102	-1,318
Net Income to Common	2,598	2,475	2,242	1,800	-102	-1,318
Net Income Growth	-5.42%	10.39%	24.56%	-	-	-
Shares Outstanding (Basic)	2,187	2,141	2,064	1,987	1,985	1,257
Shares Outstanding (Diluted)	2,192	2,147	2,138	2,132	1,985	1,257
Shares Change (YoY)	2.38%	0.42%	0.28%	7.41%	57.92%	138.07%
EPS (Basic)	1.19	1.16	1.09	0.91	-0.05	-1.05
EPS (Diluted)	1.19	1.15	1.05	0.84	-0.05	-1.05
EPS Growth	-7.17%	9.52%	25.00%	-	-	-
Free Cash Flow	-2,771	-2,334	-4,967	-5,863	-5,427	-26,820
Free Cash Flow Per Share	-1.26	-1.09	-2.32	-2.75	-2.73	-21.34
Dividend Per Share	0.100	0.055	0.010	-	-	-
Dividend Growth	150.00%	450.00%	-	-	-	-
Profit Margin	10.49%	10.14%	9.18%	8.30%	-0.49%	-7.14%
Free Cash Flow Margin	-11.19%	-9.56%	-20.33%	-27.04%	-26.29%	-145.22%
EBITDA	9,573	9,313	7,186	6,994	6,567	6,303
EBITDA Margin	38.66%	38.14%	29.42%	32.26%	31.81%	34.13%
D&A For EBITDA	4,357	4,189	3,738	3,856	3,403	3,468
EBIT	5,216	5,124	3,448	3,138	3,164	2,835
EBIT Margin	21.07%	20.98%	14.12%	14.47%	15.33%	15.35%
Effective Tax Rate	-	-	-	-	113.90%	-
Revenue as Reported	24,762	24,419	24,428	21,680	20,642	18,469

Source: S&P Global Market Intelligence. Utility template. Financial Sources.