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.
At the archive date, PUBLIC SERVICE ENTERPRISE GROUP INC was 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
$1.19
Revenue Estimate
$3.29B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the PEG page for retained reports.
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
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