Earnings Releases·Nov 2, 2026, 9:00 AM ET

Public Service Enterprise Group — Third Quarter 2026 Earnings Summary

Consolidated Net Income for Q3 2026 fell to $376 million ($0.76/share) from $622 million ($1.24/share) in 2025, while Non-GAAP Operating Earnings rose to $574 million ($1.15/share) from $565 million ($1.13/share); year-to-date Net Income declined to $1,451 million ($2.91/share) from $1,796 million ($3.59/share), though Non-GAAP Operating Earnings increased to $1,777 million ($3.56/share) from $1,667 million ($3.33/share).
The company maintains its 2026 Non-GAAP Operating Earnings guidance of $4.28 to $4.40 per share and targets a 6% to 8% compound annual growth rate through 2030, supported by a $24 billion to $28 billion five-year capital investment plan to be funded without new equity or asset sales.
PSE&G reported a slight decline in Q3 net income to $506 million from $515 million, while PSEG Power & Other swung to a $130 million net loss in the quarter compared to $107 million income in 2025, despite year-to-date Non-GAAP Operating Earnings rising to $352 million from $274 million.
Total debt increased to $25,634 million as of September 30, 2026, from $24,074 million at year-end 2025, while dividends paid per share for the nine months ended September 30, 2026, rose to $2.01 from $1.89 in 2025.