Form 8-K · Current report
PG&E Corporation 8-K, filed Oct 22, 2026
- Filed
- CIK
- 0001004980
- Accession no.
- 0001004980-26-000056
Summary
PG&E Corporation reported third-quarter 2026 GAAP earnings of $0.34 per share and non-GAAP core earnings of $0.41 per share, down from $0.37 and $0.50 a year earlier, and reaffirmed full-year 2026 and 2027 non-GAAP core EPS guidance of $1.64–$1.66 and $1.78–$1.82. The utility said it filed a 5,000-mile undergrounding plan with California regulators, is implementing a previously announced $2 billion reduction to its 2027 capital plan, and launched a virtual power plant demonstration with Google and Rewiring America; CEO Patti Poppe said California still needs a durable wildfire liability framework.
Key points
- Third-quarter 2026 GAAP income available for common shareholders was $749 million, or $0.34 per diluted share, versus $823 million, or $0.37, a year earlier.
- Non-GAAP core earnings were $928 million, or $0.41 per diluted share, versus $1,142 million, or $0.50, a year earlier.
- PG&E said it is on track to meet a 2–4% non-fuel operating and maintenance cost reduction target and is implementing a $2 billion reduction to its 2027 capital plan.
- The utility connected over 4,240 electric customers and 3,000 EV charging ports in the quarter and has energized 174 megawatts of new data center projects since 2024.
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 October 22, 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 September 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…
An excerpt of the text as filed with the SEC, cut for length.
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