Revenue Decline Amid Rising Costs
Consolidated revenue decreased 8.9% compared to Q2 2025, while total operating expenses rose 5.3%, driven by higher operation and maintenance and energy costs. This led to a 43.6% drop in operating income.
PUBLIC SERVICE ENTERPRISE GROUP INC is expected to release its Q3 2026 10-Q filing on November 2, 2026, before market open. Last quarter: PEG's Q2 FY2026 earnings declined sharply due to rising operating expenses, though operating cash flow improved and regulatory developments created a mixed outlook.
EPS Estimate
$1.16
Revenue Estimate
$3.29B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the PEG page.
Drawn from management commentary in the Q2 2026 10-Q:
Consolidated revenue decreased 8.9% compared to Q2 2025, while total operating expenses rose 5.3%, driven by higher operation and maintenance and energy costs. This led to a 43.6% drop in operating income.
The regulated utility PSE&G delivered top-line growth, but the PSEG Power & Other segment swung to a net loss, highlighting the challenges in the competitive generation market.
Year-to-date operating cash flow increased 19.3% to $1.82 billion, supported by lower income tax payments and changes in working capital.
Revenue
$2.55B
-8.95% YoY
EPS (Diluted)
$0.67
-42.74% YoY
Operating Income
$461M
-43.57% YoY
Add PEG to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.