PSEG Q1 net income rises to $589 million, or $1.18 per share; 2025 guidance kept
PSEG reported first-quarter 2025 net income of $589 million, or $1.18 per share, up from $532 million, or $1.06 per share, a year earlier. Non-GAAP operating earnings rose to $718 million, or $1.43 per share, from $657 million, or $1.31 per share, and the company maintained its 2025 non-GAAP operating earnings guidance of $3.94 to $4.06 per share.
Key points
- Net income was $589 million, or $1.18 per share, versus $532 million, or $1.06 per share, in Q1 2024.
- Non-GAAP operating earnings were $718 million, or $1.43 per share, versus $657 million, or $1.31 per share, a year earlier.
- 2025 non-GAAP operating earnings guidance was maintained at $3.94 to $4.06 per share.
- A first-quarter common dividend of $0.63 per share was declared, an indicative annual rate of $2.52 per share and a 5% increase for 2025.
The filing
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 April 30, 2025.
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.