PEG · 8-K · 20260804PR331660
Segment Revenue Performance
PUBLIC SERVICE ENTERPRISE GROUP INC · 2026-08-04 · Importance 58 · Surprise 56 · In source text
PSEG operating revenues fell to $2.554 billion in the second quarter of 2026 from $2.805 billion in the second quarter of 2025, a $251 million decrease. PSE&G revenue increased to $2.137 billion from $2.031 billion, while PSEG Power & Other revenue declined to $534 million from $920 million. PSE&G net income increased to $342 million from $332 million, and its six-month net income rose to $919 million from $878 million. PSEG Power & Other net income fell to an $8 million loss from $253 million of income, while its non-GAAP operating earnings increased to $83 million from $52 million due to higher realized prices and nuclear generation.
Key facts
- PSE&G Net Income for 2Q 2026: $342 million; PSE&G Non-GAAP Operating Earnings for 2Q 2026: $342 million source
- Total PSEG Net Income for 2Q 2026: $334 million; Total PSEG Non-GAAP Operating Earnings for 2Q 2026: $425 million source
- PSEG Power & Other Net Loss for 2Q 2026: $(8) million; PSEG Power & Other Non-GAAP Operating Earnings for 2Q 2026: $83 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | PSE&G Net Income for 2Q 2026: $342 million; PSE&G Non-GAAP Operating Earnings for 2Q 2026: $342 million |
| operating_income | positive | realized | — | PSE&G Net Income for 2Q 2026: $342 million; PSE&G Non-GAAP Operating Earnings for 2Q 2026: $342 million |