Sempra (SRE) Q3 2025 10-Q Quarterly Report
Sempra (SRE) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 5, 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.
Sempra Q3 2025 10-Q Analysis
Management Discussion & Analysis
- • No quarterly revenue or YoY comparisons disclosed in provided MD&A text
- • No profitability or margin figures or changes reported in excerpt
- • No segment or product line performance metrics provided
- • Capital recycling program includes planned asset sales: 45% SI Partners stake for $9.99B (expected close 2026), Ecogas sale planned in 2026
- • Tariffs and trade actions pose risks to LNG export demand, project costs, and construction timelines; potential material adverse effects noted
- • No updated guidance or specific near-term outlook commentary included
Risk Factors
- • New risk: 2025 Mexican Energy Laws and regulations increase government control, preferential treatment for state-owned companies, and reduce permit terms, creating operational uncertainties
- • Most updated risk: Extended regulatory discretion in Mexico due to constitutional reforms and new laws, potentially impacting permit validity and project development timelines
- • Regulatory risk: Enforcement of 2025 Energy Laws could materially reduce Sempra Infrastructure’s revenues and asset recovery in Mexico, affecting financial condition
- • Operational risk: Land disputes and environmental/social permit challenges at Energía Costa Azul may materially disrupt regasification operations and liquefaction projects
- • Financial risk: Nine months 2025 cash flow from operating activities declined $166M YoY to $3.376B; investing activities outflow increased $2.309B to $(8.605)B driven by higher capital expenditures and Oncor contributions
Sempra Q3 2025 Quarterly FinancialsXBRL
Revenue
$2.8B
▲ +7.3% YoY▲ +2.1% QoQ
Net Income
$95M
▼ -85.4% YoY▼ -79.9% QoQ
Net Margin
3.4%
▼ -2182bp YoY▼ -1407bp QoQ
Source: XBRL data from Sempra Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.
Other Sempra Quarterly Reports
Get deeper insights on Sempra
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.