ED · News · 20260807N

Net Income and Profitability

CONSOLIDATED EDISON INC · 2026-08-07 · Importance 52 · Surprise 30

Consolidated Edison reported second-quarter 2026 net income for common stock of $308 million, or $0.83 per share, versus $246 million, or $0.68 per share, in the second quarter of 2025. Net income increased 25% year over year as higher electric and gas rate bases at CECONY lifted earnings. Adjusted second-quarter EPS of $0.83 exceeded the FactSet estimate of $0.76. The company reaffirmed its 2026 adjusted EPS guidance of $6.00 to $6.20 per share.

Key facts

• Q2 2026 net income rose 25% year-over-year to $308 million. source
• A one-time gain from the sale of its Mountain Valley Pipeline stake boosted first-half results. source