Every material Form 8-K Consolidated Edison filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Consolidated Edison reported third-quarter 2026 net income of $766 million, or $2.07 per share, up from $688 million, or $1.91 per share, in the third quarter of 2025. The company also narrowed its full-year 2026 adjusted earnings per share guidance range to between $6.05 and $6.15.
Q3 2026 net income was $766 million ($2.07 per share) compared to $688 million ($1.91 per share) in Q3 2025.
First nine months of 2026 net income reached $1,998 million ($5.44 per share) versus $1,726 million ($4.84 per share) for the same period in 2025.
Full-year 2026 adjusted EPS guidance was narrowed to a range of $6.05 to $6.15 per share.
The company plans to invest approximately $797 million in climate resilience from 2026 through 2030.
Consolidated Edison reported second-quarter 2026 net income for common stock of $308 million, or $0.83 a share, up from $246 million, or $0.68 a share, a year earlier. The company reaffirmed its 2026 adjusted earnings per share guidance of $6.00 to $6.20, which excludes a gain on the sale of its MVP stake that it expects to be determined at year-end.
Q2 2026 net income for common stock was $308 million ($0.83 a share), versus $246 million ($0.68 a share) in Q2 2025.
Adjusted Q2 2026 earnings were $308 million ($0.83 a share), versus $240 million ($0.67 a share) in Q2 2025.
Six-month 2026 net income was $1,232 million ($3.37 a share), versus $1,038 million ($2.93 a share) in the first half of 2025.
2026 adjusted EPS guidance of $6.00 to $6.20 was reaffirmed; the MVP gain is excluded at $(0.37) a share after tax.
Con Edison's boards elected Tali Farhadian, a lawyer and former prosecutor, as a director effective July 1, 2026, and she joined two board committees. The filing discloses no financial figures, and the appointment does not change reported results or guidance.
Elected July 1, 2026 to the boards of Consolidated Edison, Inc. and Consolidated Edison Company of New York, Inc.
Appointed to the Safety, Environment, Operations and Sustainability Committee and the Corporate Governance and Nominating Committee
Will receive director compensation described in the 2026 proxy statement filed April 8, 2026
Will become CEO of the Museum of Jewish Heritage effective September 8, 2026
Con Edison entered into an equity distribution agreement on May 8, 2026, establishing an at-the-market program to sell up to $2,000,000,000 of its common shares over time through a group of sales agents. The company may also enter into forward sale agreements with forward purchasers, under which it would receive proceeds only upon future physical settlement, and it would pay commissions of up to 1.0% of gross sales prices.
Program covers up to $2,000,000,000 aggregate sales price of common shares ($0.10 par value), sold from time to time.
Sales agents may receive commissions of up to 1.0% of gross sales price.
Company will not initially receive proceeds from borrowed shares sold under forward sale agreements; proceeds arrive only on future physical settlement.
Exhibits include the equity distribution agreement and the form of forward sale agreement.
Con Edison reported first-quarter 2026 GAAP net income of $924 million, or $2.55 a share, up from $791 million, or $2.26 a share, a year earlier, helped by a gain on the sale of its MVP interest. Excluding such items, adjusted earnings were $790 million, or $2.18 a share, down from $792 million, or $2.26 a share, and the company reaffirmed its 2026 adjusted EPS guidance of $6.00 to $6.20 a share, so shareholders see a one-time gain lifting reported results while underlying earnings slipped slightly.
GAAP net income for common stock was $924 million, or $2.55 a share, versus $791 million, or $2.26 a share, in the first quarter of 2025.
Adjusted earnings were $790 million, or $2.18 a share, versus $792 million, or $2.26 a share, a year earlier.
The gain on the sale of the MVP equity interest was $189 million pre-tax, or $0.37 a share after tax, and the sale was completed for total consideration of $357.5 million.
The company reaffirmed its 2026 adjusted EPS guidance range of $6.00 to $6.20 a share.
Con Edison, CECONY and O&R entered a new $3.5 billion revolving credit agreement with Bank of America as administrative agent, which terminates two earlier credit facilities. The companies plan to use it mainly to support their commercial paper programs, and the facility matures March 11, 2031, subject to extension.
Total credit available is up to $3.5 billion, with $800 million for Con Edison, $250 million for O&R and the remainder for CECONY
Agreement terminates a credit agreement dated March 27, 2023 and a 364-day revolving credit agreement dated March 24, 2025
Commitments end March 11, 2031, unless extended for up to two additional one-year terms
On February 23, 2026, Con Edison entered into a forward sale agreement with JPMorgan Chase Bank covering 7,000,000 common shares, alongside an underwriting agreement for the same shares. The forward price starts at $110.81 per share, and the agreement is expected to settle by December 31, 2026. If shares are issued under the agreement, the filing says that would dilute earnings per share and return on equity.
Forward sale agreement dated February 23, 2026, with JPMorgan Chase Bank, National Association, covers 7,000,000 common shares
Initial forward price is $110.81 per share, adjusted daily for a floating interest factor and reduced for expected dividends
Settlement is expected by December 31, 2026, and will be physical unless Con Edison elects cash or net share settlement
The forward purchaser may accelerate settlement in specified events, which could require issuing shares and cause dilution to earnings per share and return on equity
Con Edison reported 2025 net income for common stock of $2,023 million, or $5.66 a share, up from $1,820 million, or $5.26 a share, in 2024, and adjusted EPS of $5.70 versus $5.40. Fourth-quarter results were lower than a year earlier, with adjusted EPS of $0.89 versus $0.98. The company expects 2026 adjusted EPS of $6.00 to $6.20 and a five-year adjusted EPS growth rate of 6% to 7%.
Full-year 2025 GAAP net income for common stock was $2,023 million, or $5.66 a share, compared with $1,820 million, or $5.26 a share, in 2024.
Full-year 2025 adjusted EPS was $5.70 versus $5.40; the CFO said this was at the top end of the company's guidance range.
Fourth-quarter 2025 GAAP net income was $297 million, or $0.82 a share, versus $310 million, or $0.90 a share, a year earlier.
For 2026, the company expects adjusted EPS of $6.00 to $6.20 and a five-year adjusted EPS growth rate of 6% to 7%.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Consolidated Edison filing is on SEC EDGAR ↗. 8-K briefs of other companies →