Form 10-Q · Quarterly report
PG&E Corporation 10-Q, filed Jul 23, 2026
- Filed
- CIK
- 0001004980
- Accession no.
- 0001004980-26-000048
Summary
PG&E Corporation and the Utility disclosed continued exposure to wildfire liabilities and cost-recovery uncertainty, with regulatory receivables of $638 million for the 2021 Dixie fire and $61 million for the 2022 Mosquito fire as of June 30, 2026.
Key points
- PG&E Corporation and the Utility recorded $638 million in regulatory recovery receivables for the 2021 Dixie fire and $61 million for the 2022 Mosquito fire as of June 30, 2026.
- The Utility received $128 million from the Wildfire Fund related to the 2019 Kincade fire and recorded a deferred gain for that amount.
- SCE disclosed that a liability for the January 7, 2025 Eaton fire is probable but not reasonably estimable, and in the first quarter of 2026 disclosed $1.3 billion in losses and a $295 million Wildfire Fund receivable.
- PG&E Corporation and the Utility continue to use an estimated 20-year life for the Wildfire Fund asset and recognized $78 million in accelerated amortization as of June 30, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION OVERVIEW This is a combined Form 10-Q of PG&E Corporation and the Utility and includes separate Condensed Consolidated Financial Statements for each of these two entities. This combined MD&A should be read in conjunction with the Condensed Consolidated Financial Statements and the Notes to the Condensed Consolidated Financial Statements included in Part I, Item 1. It should also be read in conjunction with the 2025 Form 10-K. Generally, PG&E Corporation’s and the Utility’s revenues vary based on the outcomes of ratemaking proceedings and the amount of pass-through costs incurred. …
An excerpt of the text as filed with the SEC, cut for length.
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