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PG&E Corporation Reports Third Quarter 2026 Results; On Track to Deliver Solid 2026; Reaffirms 2026 and 2027 Guidance

PR Newswire•22/10/2026•06:00 ET
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Key Highlights

  • ➤Third-quarter GAAP EPS $0.34, down from $0.37 in 2025
  • ➤Third-quarter non-GAAP core EPS $0.41, down from $0.50 in 2025
  • ➤2026 and 2027 non-GAAP core EPS guidance reaffirmed at $1.64 to $1.66 and $1.78 to $1.82
  • ➤Previously announced $2 billion reduction to 2027 capital plan being implemented
  • ➤Filed 5,000-mile undergrounding plan targeting 98% lower wildfire risk and 90% fewer outages

Expert Statements

Patti Poppe, CEO of PG&E Corporation

“Our PG&E team continues to make meaningful progress delivering safe, affordable, reliable, and clean energy to our customers. While we still believe California needs a durable wildfire liability framework that delivers for customers and investors, safety remains our foundation as we strengthen and build resilient energy infrastructure to support our state's growth”

PG&E Corporation Reports Third Quarter 2026 Results; On Track to Deliver Solid 2026; Reaffirms 2026 and 2027 Guidance PR Newswire

OAKLAND, Calif., Oct. 22, 2026 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) is on track to deliver solid financial results in 2026. Progress includes:

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