Form 8-K · Current report
PG&E Corporation 8-K, filed Jul 23, 2026
- Filed
- CIK
- 0001004980
- Accession no.
- 0001004980-26-000047
Summary
PG&E Corporation reported second-quarter 2026 GAAP earnings of $0.33 per diluted share and non-GAAP core earnings of $0.40 per share, up from $0.24 and $0.31 a year earlier, and reaffirmed full-year 2026 non-GAAP core EPS guidance of $1.64 to $1.66. The company said it is on track with its 2-4% non-fuel operating and maintenance cost reduction target and cited a $2.2 billion Utility bond issuance in June, while CEO Patti Poppe said the company is encouraged by engagement around California wildfire liability reform and is advocating for a durable solution for customers and investors.
Key points
- Second-quarter 2026 GAAP income available for common shareholders was $733 million, or $0.33 per diluted share, versus $521 million, or $0.24 per share, a year earlier; non-GAAP core earnings were $920 million, or $0.40 per share, versus $674 million, or $0.31 per share.
- PG&E said its continuous monitoring capabilities avoided 28 potential ignitions in high fire-risk areas from January 2025 through June 2026, along with 19.6 million outage minutes and $11.2 million in lower-cost repair savings.
- The Utility constructed 37 miles of underground powerlines and installed 100 miles of strengthened poles and covered powerlines in the quarter, with plans for more than 1,900 miles of undergrounding and more than 2,000 miles of strengthened poles and covered powerlines by the end of 2027.
- PG&E reported a 60% reduction in methane emissions from its natural gas system in 2025 versus a 2015 baseline, exceeding its 2030 target, and said its data center pipeline exceeds 12 gigawatts.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On July 23, 2026, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”) for the quarter ended June 30, 2026. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information included in this Item 2.02, including Exhibit 99.1 in Item 9.01, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by…
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.