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Consolidated Edison (ED) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Consolidated Edison (ED) reported revenue of $4.1B for the second quarter 2026 (Q2 2026), +13% from a year earlier and -20% from the quarter before. Operating margin was 13.6%, net earnings $308M (7.6% of revenue).

Revenue$4.1B
Year over year+13%
Quarter over quarter-20%
Operating margin13.6%
Net earnings$308M

Consolidated Edison, Q2 2026: revenue $4.1B (+13% year over year), operating margin 13.6%, net earnings $308M, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$4.1B-20%+13%
Operating profit$552M-53%+55%
Net earnings$308M-67%+25%
Operating cash flow$1.8B+933%-9%
Free cash flow$496M—-31%

What changed

Revenue was $4.1B in Q2 2026, up 13% year over year and down 20% from the previous quarter. 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%.

Operating cash flow was $1.8B (down 9% year over year), 583% of net earnings. Non-cash charges added back $0.58B of depreciation and amortization. Working capital and other items added $0.91B. Capital expenditures of $1.3B left free cash flow of $0.50B.

Questions

What was Consolidated Edison's revenue in the second quarter 2026?

Consolidated Edison (ED) reported revenue of $4.1B for the second quarter 2026 (Q2 2026), +13% from a year earlier and -20% from the quarter before.

Was Consolidated Edison profitable in the second quarter 2026?

Operating profit was $552M (13.6% of revenue) and net earnings $308M.

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Source: Consolidated Edison 10-Q on SEC EDGAR.