PSEG Q1 net income rises to $741 million, or $1.48 per share; 2026 guidance kept
PSEG reported first quarter 2026 net income of $741 million, or $1.48 per share, up from $589 million, or $1.18 per share, a year earlier. Non-GAAP operating earnings rose to $778 million, or $1.55 per share, from $718 million, or $1.43 per share, and the company maintained its 2026 non-GAAP operating earnings guidance of $4.28 to $4.40 per share.
Key points
- Net income of $741 million ($1.48 per share) vs. $589 million ($1.18 per share) in Q1 2025
- Non-GAAP operating earnings of $778 million ($1.55 per share) vs. $718 million ($1.43 per share)
- 2026 non-GAAP operating earnings guidance maintained at $4.28 to $4.40 per share
- Operating revenues of $3,848 million vs. $3,222 million; PSE&G net income of $577 million vs. $546 million
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 May 05, 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.