PSEG Q2 operating earnings rise to $0.77 per share; 2025 guidance maintained
Public Service Enterprise Group reported second-quarter 2025 net income of $585 million, or $1.17 per share, up from $434 million, or $0.87 per share, a year earlier. Non-GAAP operating earnings rose to $384 million, or $0.77 per share, from $313 million, or $0.63 per share, and the company kept its full-year 2025 non-GAAP operating earnings guidance of $3.94 to $4.06 per share.
Key points
- Q2 2025 net income was $585 million ($1.17 per share) versus $434 million ($0.87 per share) in Q2 2024
- Q2 2025 non-GAAP operating earnings were $384 million ($0.77 per share) versus $313 million ($0.63 per share)
- Full-year 2025 non-GAAP operating earnings guidance was maintained at $3.94 to $4.06 per share
- PJM priced 2026/2027 capacity at $329 per megawatt-day, up from about $270 for 2025/2026
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 August 05, 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.