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Consolidated Edison Co of New York earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 6, 2026
Q2 2026 Revenue up 13% year over year to $4.1B · 8¢ of every $1 of revenue kept as net profit · operating margin 13.6%
Consolidated Edison Co of New York made $4.1B in Q2 2026 (+13% Y/Y): Electric $3.1B, Gas $811M, Steam $118M. Operating margin 13.6%, net earnings $308M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 6, 2026.
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What changed this quarter
Revenue was $4.1B in Q2 2026, up 13% year over year. Electric was the largest line at 77% of revenue. Electric added $0.36B year over year (up 13%), 76% of the total change.
Operating profit was $0.55B, a 13.6% margin (up 3.7 points year over year). Of the extra revenue versus Q2 2025, 42% reached operating profit, above the 10% margin then. Total costs grew 9% against revenue growth of 13%. Net earnings were $0.31B, up 25% year over year. The effective tax rate was 24.5%.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 6, 2026 | $4.1B | +13% | 13.6% | $308M | — |
| Q3 2025 | 10-Q | Nov 6, 2025 | $4.5B | +11% | 21.4% | $688M | $504M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $3.6B | — | 9.9% | $246M | — |
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About Consolidated Edison Co of New York
Consolidated Edison, Inc. (Con Edison), incorporated in New York State in 1997, is a holding company that owns all of the outstanding common stock of Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc. As used in this report, the term the “Companies” refers to Con Edison and CECONY, and the term the “Utilities” refers to CECONY and O&R. Con Edison’s principal business operations are those of CECONY, O&R and Con Edison Transmission. CECONY’s principal business operations are its regulated electric, gas and steam delivery businesses. O&R’s principal business operations are its regulated electric and gas delivery businesses. Con Edison Transmission, through its subsidiaries, develops and invests in electric transmission projects and owns, through joint ventures, both electric and gas assets.
In its own words, from its 10-K, filed Feb 19, 2026.
Consolidated Edison Co of New York against its Electric & Other Services Combined peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +13% against the peers' median +7%. Operating margin: 13.6% against the peers' median 22.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| Consolidated Edison Co of New York | Q2 2026 | $4.1B | +13% | 13.6% |
| DUK Duke Energy | Q3 2026 | $9.1B | +7% | 30.2% |
| Pepco Holdings LLC | Q3 2026 | $7.3B | +9% | 18.8% |
| EXC Exelon | Q1 2026 | $7.2B | +8% | 22.2% |
| PCG PG&E | Q3 2026 | $6.2B | -1% | 20.2% |
| ED Consolidated Edison | Q3 2026 | $4.9B | +8% | 23.8% |
| XEL Xcel Energy | Q3 2026 | $4.2B | +7% | 28.5% |
| PEG Public Service Enterprise Group | Q3 2026 | $3.0B | -6% | 20.6% |
| AEE Ameren | Q3 2026 | $2.9B | +7% | 31.2% |
Source: Consolidated Edison Co of New York 10-Q on SEC EDGAR · CIK 23632 · Electric & Other Services Combined