How does PG&E (PCG) make money?

PG&E (PCG) primarily makes money through Electricity, which accounts for 75.4% of total revenue. For TTM through Q1 2026, PG&E generated $25.83B in total revenue with a net profit margin of 11.4%.

What is PG&E (PCG) gross profit margin?

PG&E (PCG) reported a gross profit margin of 45.9% for TTM through Q1 2026, equivalent to $11.87B in gross profit. This means PG&E retains 45.9% of each revenue unit after direct costs of production.

What is PG&E (PCG) operating profit margin?

PG&E (PCG) reported an operating profit margin of 19.4% for TTM through Q1 2026, equivalent to $5.00B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is PG&E (PCG) net profit margin?

PG&E (PCG) reported a net profit margin of 11.4% for TTM through Q1 2026, equivalent to $2.95B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does PG&E (PCG) spend on capital expenditures?

PG&E (PCG) spent $12.51B on capital expenditures in TTM through Q1 2026 (48.4% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is PG&E (PCG) free cash flow?

PG&E (PCG) generated −$4.21B in free cash flow for TTM through Q1 2026 (-16.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

How PG&E (PCG) Makes Money: A Visual Guide

PG&E (PCG) generated $25.83B in revenue, earning $2.95B in net profit (11.4% margin). Its largest revenue source is Electricity (75.4% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

PG&E (PCG) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 23, 2026).

Frequently asked questions

How does PG&E (PCG) make money?: PG&E (PCG) primarily makes money through Electricity, which accounts for 75.4% of total revenue. For TTM through Q1 2026, PG&E generated $25.83B in total revenue with a net profit margin of 11.4%.
What is PG&E (PCG) gross profit margin?: PG&E (PCG) reported a gross profit margin of 45.9% for TTM through Q1 2026, equivalent to $11.87B in gross profit. This means PG&E retains 45.9% of each revenue unit after direct costs of production.
What is PG&E (PCG) operating profit margin?: PG&E (PCG) reported an operating profit margin of 19.4% for TTM through Q1 2026, equivalent to $5.00B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is PG&E (PCG) net profit margin?: PG&E (PCG) reported a net profit margin of 11.4% for TTM through Q1 2026, equivalent to $2.95B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does PG&E (PCG) spend on capital expenditures?: PG&E (PCG) spent $12.51B on capital expenditures in TTM through Q1 2026 (48.4% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is PG&E (PCG) free cash flow?: PG&E (PCG) generated −$4.21B in free cash flow for TTM through Q1 2026 (-16.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.