Filing Flows › Consolidated Edison (ED) › Q3 2026 › vs Q3 2025
Consolidated Edison (ED) Q3 2026 vs Q3 2025 (year over year)
Consolidated Edison's revenue rose $383M (+8%) from $4.5B in Q3 2025 to $4.9B in Q3 2026. The biggest changes: Electric +$355M (+9%); Gas +$22.0M (+5%); Steam +$6.0M (+11%). Operating margin 23.8% against 21.4% (+2.4 pts).
Consolidated Edison, Q3 2026: revenue $4.9B (+8% year over year), operating margin 23.8%, net earnings $766M, operating cash flow $854M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 23.8% | 21.4% | +2.4 pts |
| Net margin | 15.6% | 15.2% | +0.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Electric | $4.4B | $4.0B | $355M | +9% |
| Gas | $455M | $433M | $22.0M | +5% |
| Steam | $62.0M | $56.0M | $6.0M | +11% |
| Revenue | $4.9B | $4.5B | $383M | +8% |
| Operating profit | $1.2B | $968M | $202M | +21% |
| Costs & expenses | $3.7B | $3.6B | $181M | +5% |
| Pre-tax earnings | $1.0B | $890M | $131M | +15% |
| Other expense, net | $149M | $78.0M | $71.0M | +91% |
| Net earnings | $766M | $688M | $78.0M | +11% |
| Income tax | $255M | $202M | $53.0M | +26% |
| Depreciation & amortization | $589M | $586M | $3.0M | +0.5% |
| Working capital & other | $501M | $770M | −$269M | -35% |
| Operating cash flow | $854M | $504M | $350M | +69% |
| Capital expenditures | $1.7B | $1.2B | $458M | +37% |
| Negative free cash flow (OCF − capex) | $835M | $727M | $108M | +15% |
Questions
How much did Consolidated Edison's revenue grow year over year in Q3 2026?
Consolidated Edison's revenue rose $383M (+8%) from $4.5B in Q3 2025 to $4.9B in Q3 2026.
What drove Consolidated Edison's revenue change in Q3 2026?
Electric +$355M (+9%); Gas +$22.0M (+5%); Steam +$6.0M (+11%).