ED · 10-Q · 2026Q2 · Full report

Net Income and EPS Performance

CONSOLIDATED EDISON INC · 2026-08-06 · Importance 49 · Surprise 66

Con Edison’s second-quarter net income for common stock increased $62 million, or 25.2%, to $308 million, and diluted EPS increased from $0.68 to $0.83. Six-month net income rose $194 million, or 18.7%, to $1.232 billion, while diluted EPS increased from $2.92 to $3.36. The six-month improvement included a $134 million after-tax gain, or $0.37 per share, from selling Con Edison’s equity interest in Mountain Valley Pipeline. CECONY’s second-quarter net income increased $74 million to $296 million, primarily from higher electric and gas rate base benefits and lower electric operations and maintenance expense.

Key facts

• Total Con Edison net income for common stock for the three months ended June 30, 2026 was $308 million and earnings per share were $0.83.
• Net income for common stock for Con Edison for the six months ended June 30, 2026 was $1,232 million versus $1,038 million in 2025.