SRE · 8-K · 20260806PR000043

Revenue Performance and Mix

SEMPRA · 2026-08-06 · Importance 62 · Surprise 46 · No source text

Second-quarter 2026 GAAP earnings increased to $796 million, or $1.21 diluted EPS, from $461 million, or $0.71, in second-quarter 2025. Adjusted earnings rose to $762 million, or $1.16 adjusted EPS, from $583 million, or $0.89. Six-month GAAP earnings increased to $1.833 billion from $1.367 billion, while adjusted earnings increased to $1.753 billion from $1.525 billion. The quarterly GAAP improvement reflected higher equity earnings and lower income tax expense, partially offset by higher interest expense and noncontrolling-interest earnings allocations.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositiverealized+31.4%Sempra reported net income for the three months ended June 30, 2026 of $942 million and for the six months ended June 30, 2026 of $2,092…
net_incomepositiverealized+31.4%Sempra reported net income for the three months ended June 30, 2026 of $942 million and for the six months ended June 30, 2026 of $2,092…
net_incomeunclearrealizedSecond-quarter 2026 GAAP earnings: $796 million, or $1.21 per diluted share.
net_incomeunclearrealizedSecond-quarter 2026 adjusted earnings: $762 million, or $1.16 per diluted share.
net_incomeunclearrealizedSix months ended June 30, 2026 GAAP earnings: $1,833 million, or $2.80 per diluted share.
net_incomeunclearrealizedSix months ended June 30, 2026 adjusted earnings: $1,753 million, or $2.67 per diluted share.
revenueunclearrealizedSempra reported total revenues for the three months ended June 30, 2026 of $2,997 million and for the six months ended June 30, 2026 of…