Strong Revenue Growth
Revenue increased 19.4% year-over-year from $3.22B to $3.85B in Q1 FY2026, reflecting solid demand across PEG's utility operations and favorable rate conditions.
PUBLIC SERVICE ENTERPRISE GROUP INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: PEG delivered strong Q1 FY2026 results with revenue surging 19.4% year-over-year to $3.85B and net income rising 25.8% to $741M, driven by robust operating performance and expanding margins.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue increased 19.4% year-over-year from $3.22B to $3.85B in Q1 FY2026, reflecting solid demand across PEG's utility operations and favorable rate conditions.
Operating margin expanded approximately 320 basis points year-over-year from 24.7% to 27.9%, indicating improved cost efficiency and operating leverage within the business.
Operating cash flow grew 21.2% year-over-year to $1.27B, outpacing revenue growth and demonstrating strong cash conversion from earnings, which supports ongoing capital investment programs.
Revenue
$3.85B
++19.43% YoY
EPS (Basic)
$1.48
++25.42% YoY
Operating Income
$1.07B
++34.88% YoY
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