Sempra (SRE) Q2 2025 10-Q Quarterly Report

Filed: Aug 7, 2025Period ending Jun 30, 2025
Utilities
Gas & Other Services CombinedSEC EDGAR

Sempra (SRE) 10-Q quarterly report for Q2 2025, filed with SEC EDGAR on Aug 7, 2025 for the fiscal period ending Jun 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.

Sempra Q2 2025 10-Q Analysis

Management Discussion & Analysis

  • No quarterly revenue or YoY comparison data provided in text
  • No profitability or margin % figures disclosed for this quarter
  • No segment or product line performance metrics included
  • No cash position, operating cash flow, or capital deployment changes mentioned
  • Management highlights tariff impacts on costs, LNG export demand risks, and trade uncertainties as near-term headwinds

Risk Factors

  • New regulatory risk from 2025 Mexican Energy Laws repealing LIE and LH, increasing government control and potentially limiting Sempra Infrastructure’s operations and project development
  • Material update in land disputes and environmental permit challenges at Energía Costa Azul may materially affect natural gas regasification and liquefaction projects
  • Compliance risk from Mexican government’s enhanced power to revoke/suspend permits under the 2025 Energy Laws including ESL and HSL adoption in March 2025
  • Operational risk from increased capital expenditures in 2025, totaling $12.1B, reflecting growth and potential delays impacting near-term cash flows
  • Financial risk from higher long-term debt issuances by $2.2B partially offset by changes in short-term debt and financing activities affecting liquidity position

Sempra Q2 2025 Quarterly Financials
XBRL

Revenue

$2.7B

+8.7% YoY -26.7% QoQ

Net Income

$473M

-34.8% YoY -48.4% QoQ

Net Margin

17.5%

-1167bp YoY -739bp QoQ

Source: XBRL data from Sempra Q2 2025 10-Q filing on SEC EDGAR. All figures in USD.

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