Net Income for PG&E (PCG)
According to PG&E's latest reported financial statements, the company's current net income (TTM) is $2.95B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PCG
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.95B
YoY change
+7.6%
5Y CAGR
N/A
Peak year (2004)
$4.50B
Cumulative net income
$22.12B
Net Income history chart for PG&E (PCG) from 1985 to 2025
Net Income history table for PG&E (PCG) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $2.70B | +7.6% | ||
| 2024 | $2.51B | +11.3% | ||
| 2023 | $2.26B | +24.4% | ||
| 2022 | $1.81B | -2161.4% | ||
| 2021 | -$88.00M | -93.3% | ||
| 2020 | -$1.30B | -82.9% | ||
| 2019 | -$7.64B | +11.8% | ||
| 2018 | -$6.84B | -511.9% | ||
| 2017 | $1.66B | +18.0% | ||
| 2016 | $1.41B | +58.4% | ||
| 2015 | $888.00M | -38.8% | ||
| 2014 | $1.45B | +75.1% | ||
| 2013 | $828.00M | -0.2% | ||
| 2012 | $830.00M | -3.3% | ||
| 2011 | $858.00M | -22.9% | ||
| 2010 | $1.11B | -9.8% | ||
| 2009 | $1.23B | -8.7% | ||
| 2008 | $1.35B | +34.4% | ||
| 2007 | $1.01B | +1.5% | ||
| 2006 | $991.00M | +8.1% | ||
| 2005 | $917.00M | -79.6% | ||
| 2004 | $4.50B | +972.4% | ||
| 2003 | $420.00M | -148.1% | ||
| 2002 | -$874.00M | -179.5% | ||
| 2001 | $1.10B | -132.7% | ||
| 2000 | -$3.36B | +4508.2% | ||
| 1999 | -$73.00M | -110.2% | ||
| 1998 | $719.00M | +0.4% | ||
| 1997 | $716.00M | -5.2% | ||
| 1996 | $755.20M | -43.6% | ||
| 1995 | $1.34B | +32.9% | ||
| 1994 | $1.01B | -5.4% | ||
| 1993 | $1.07B | -9.0% | ||
| 1992 | $1.17B | +14.0% | ||
| 1991 | $1.03B | +4.0% | ||
| 1990 | $987.20M | +9.6% | ||
| 1989 | $900.60M | +1350.2% | ||
| 1988 | $62.10M | -89.6% | ||
| 1987 | $597.20M | -44.8% | ||
| 1986 | $1.08B | +4.9% | ||
| 1985 | $1.03B | — |
Net Income values are taken from PG&E's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, PG&E (PCG) reported net income of $2.70B – grew 7.6% year-over-year.
PG&E net income compound annual growth for the 2015–2025 (10 years) window is +11.8%, sustaining 6 straight years of year-over-year growth.
PG&E net income peaked at $4.50B in 2004; the latest annual figure is $2.70B in 2025 (40.0% below peak).
2004 marks the peak net income at $4.50B, with the historical low of -$7.64B recorded in 2019.
Within Utilities, PG&E (PCG) ranks 7th among 8 peers we track. The peer median for net income is $3.96B.
PG&E Net Income by Year
PG&E Net Income 2025: $2.70B
PG&E net income in 2025 was $2.70B, grew 7.6% from 2024.
PG&E Net Income 2024: $2.51B
PG&E net income in 2024 was $2.51B, grew 11.3% from 2023.
PG&E Net Income 2023: $2.26B
PG&E net income in 2023 was $2.26B, grew 24.4% from 2022.
PG&E Net Income 2022: $1.81B
PG&E net income in 2022 was $1.81B, plunged 2161.4% below 2021.
PG&E Net Income 2021: -$88.00M
PG&E net income in 2021 was -$88.00M.
See more financial history for PG&E (PCG).
Sector peers — Net Income
Companies in the same sector as PG&E, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $6.83B | Utilities |
| Duke Energy Corporation (DUK) | $4.97B | Utilities |
| GE Vernova Inc. (GEV) | $4.88B | Utilities |
| The Southern Company (SO) | $4.34B | Utilities |
| American Electric Power Company, Inc. (AEP) | $3.58B | Utilities |
| Dominion Energy, Inc. (D) | $3.00B | Utilities |
| Constellation Energy Corporation (CEG) | $2.32B | Utilities |
| Sempra (SRE) | $1.84B | Utilities |
Frequently asked questions
What is PG&E's net income?
- Latest reported net income for PG&E (PCG) is $2.95B (period ending March 31, 2026).
How has PG&E net income changed year-over-year?
- PG&E (PCG) net income changed +7.6% year-over-year on the latest annual filing.
What is the long-term growth rate of PG&E net income?
- PG&E (PCG) net income compound annual growth rate is +11.8% over the most recent 10 years available.
When did PG&E net income hit its highest annual value?
- PG&E net income reached its highest annual value of $4.50B in 2004.
What was PG&E net income in 2024?
- PG&E (PCG) net income in 2024 was $2.51B.
What was PG&E net income in 2025?
- PG&E (PCG) net income in 2025 was $2.70B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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