EIX · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

EDISON INTERNATIONAL · 2026-10-29 · Importance null · Surprise 24 · Matches filing data

SCE operating revenue decreased $853 million in the third quarter of 2026 versus the third quarter of 2025. A $506 million decrease reflected lower pass-through expenses, including $266 million less wildfire-related claims net of recoveries, $248 million less income tax expense, and $56 million less operation and maintenance expense, partly offset by higher interest and depreciation costs. Revenue also declined $330 million because the 2025 GRC final decision generated higher revenue in the third quarter of 2025 when implemented retroactively to January 1, 2025; this was partly offset by revenue from the 2026 escalation mechanism.

Key facts

• SCE's operating revenue decreased $853 million in the third quarter of 2026 compared with 2025, including a $506 million decrease related to lower pass-through expenses and a $330 million decrease associated with the 2025 GRC final decision. source
• The $506 million decline in SCE pass-through revenue included decreases of $266 million in wildfire-related claims net of recoveries, $248 million in income tax expense, $56 million in operation and maintenance expense, and $14 million in purchased power and fuel expense. source
• SCE's third-quarter 2026 revenue associated with the 2025 GRC final decision decreased $330 million, primarily reflecting higher revenue recognized in third-quarter 2025 upon implementation retroactive to January 1, 2025, partly offset by 2026 escalation-mechanism revenue. source

Impact estimates