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AI brief of an SEC Form 8-K · PG&E (PCG)

PG&E Corp. 2025 non-GAAP core EPS rose to $1.50; 2026 EPS guidance narrowed to $1.64-$1.66

Positive Impact 3 of 5 earnings Written later

PG&E Corporation reported fourth-quarter and full-year 2025 results, with full-year GAAP EPS of $1.18 versus $1.15 in 2024 and non-GAAP core EPS of $1.50 versus $1.36. The company narrowed its 2026 non-GAAP core EPS guidance to $1.64-$1.66 per share from $1.62-$1.66, raising the low end, and lowered its customer bill inflation target to 0-3% from 2-4%.

Key points

  • Full-year 2025 GAAP income available for common shareholders was $2,593 million, or $1.18 per diluted share, versus $2,475 million, or $1.15, in 2024.
  • Full-year 2025 non-GAAP core earnings were $3,307 million, or $1.50 per diluted share, versus $2,923 million, or $1.36, in 2024; fourth-quarter core EPS was $0.36 versus $0.31.
  • Fourth-quarter 2025 GAAP EPS was $0.29 versus $0.30 a year earlier; non-core items totaled $714 million after tax, or $0.32 per share, for the full year.

The filing

CompanyPG&E (PCG)
Form8-K, current report
Filed with the SECFeb 11, 2026, 8:57 PM ET
Accession number0001004980-26-000008

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.