PEG · 10-Q · 2026Q2 · Full report
Operating Cash Flow Trends
PUBLIC SERVICE ENTERPRISE GROUP INC · 2026-08-04 · Importance 47 · Surprise 48 · In source text
Consolidated operating cash flow increased $294 million during the six months ended June 30, 2026, primarily because of higher tax refunds and changes at PSE&G. The improvement was partially offset by $179 million of higher net cash-collateral postings at PSEG Power. PSE&G operating cash flow increased $212 million from $954 million to $1.166 billion, reflecting lower regulatory deferrals, lower accounts receivable and unbilled revenue, and higher earnings. PSE&G’s improvement was partly offset by taxes paid in 2026 instead of tax refunds received in 2025 and the timing of vendor payments.
Key facts
- PSE&G operating cash flow increased from $954 million to $1,166 million for the six months ended June 30, 2026 (increase of $212 million) compared to same period in 2025. source
- For the six months ended June 30, 2026, consolidated operating cash flow increased $294 million compared to the same period in 2025, primarily due to higher tax refunds and a net change at PSE&G, partially offset by $179 million of higher net cash collateral postings at PSEG Power. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +0.5% | For the six months ended June 30, 2026, consolidated operating cash flow increased $294 million compared to the same period in 2025,… |
| cash | positive | realized | +0.4% | PSE&G operating cash flow increased from $954 million to $1,166 million for the six months ended June 30, 2026 (increase of $212 million)… |