PCG PG&E Corporation

Q3 2025 10-Q
Filed: Oct 23, 2025Period ending Sep 30, 2025
Utilities
Electric & Other Services CombinedSEC EDGAR

PG&E Corporation (PCG) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 23, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Operating cash flow $7.019B, up 12% YoY from $6.272B, driven by increased collections and lower costs
  • Investing cash outflow $9.250B vs $8.219B prior year, financing cash inflow $1.874B vs $2.257B
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Risk Factors

  • New tax ownership change risk triggered by potential Section 382 IRC limitations due to stock acquisition restrictions lowering ownership threshold to 3.92% as of October 15, 2025
  • Material update in operating revenues: 5% increase ($309M) in Q3 2025 driven by $150M DCPP costs recovery and $140M 2023 WMCE interim rate relief
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Quarterly Financial Summary
XBRL

Revenue

$6.3B

Net Income

$823M

Operating Margin

19.3%

Net Margin

13.2%

ROE

2.6%

Total Assets

$138.2B

Source: XBRL data from PG&E Corporation Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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