ED · 10-Q · 2026Q3 · Full report

Segment Profitability

CONSOLIDATED EDISON INC · 2026-11-05 · Importance 48 · Surprise 40

Con Edison’s operating income increased $452 million to $2,900 million for the nine months ended September 30, 2026, compared with $2,448 million in 2025. CECONY operating income rose $428 million to $2,756 million, including electric operating income growth of $344 million to $2,072 million and gas operating income growth of $85 million to $686 million. O&R operating income increased $24 million to $156 million, comprising $123 million from electric operations and $33 million from gas operations. Con Edison Transmission recorded a $5 million operating loss, compared with a $6 million loss in 2025.

Key facts

• CECONY’s three-month 2026 operating revenues were $4,547 million and net income was $719 million; nine-month operating revenues were $13,006 million and net income was $1,748 million. source
• CECONY electric operating income increased $189 million, from $1,124 million to $1,313 million, in the three months ended September 30, 2026 versus 2025. source