PG&E Q1 core EPS rises to $0.43 from $0.33; 2026 guidance reaffirmed
PG&E Corporation reported first quarter 2026 results on April 23, 2026. GAAP earnings were $0.39 per share, up from $0.28 a year earlier, and non-GAAP core earnings were $0.43 per share, up from $0.33, with income available for common shareholders of $858 million versus $607 million. The company reaffirmed its full-year 2026 non-GAAP core EPS guidance of $1.64 to $1.66 per share.
Key points
- GAAP EPS of $0.39 vs. $0.28 in Q1 2025; income available for common shareholders of $858 million vs. $607 million
- Non-GAAP core EPS of $0.43 vs. $0.33; non-GAAP core earnings of $982 million vs. $728 million
- Full-year 2026 non-GAAP core EPS guidance reaffirmed at $1.64 to $1.66 per share
- Non-core items totaled $100 million after tax ($0.04 per share) in Q1 2026, vs. $120 million ($0.05 per share) in Q1 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits 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 April 22, 2026.
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.