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Consolidated Edison (ED) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

Consolidated Edison (ED) reported revenue of $4.9B for the third quarter 2026 (Q3 2026), +8% from a year earlier. Operating margin was 23.8%, net earnings $766M (15.6% of revenue).

Revenue$4.9B
Year over year+8%
Quarter over quarter—
Operating margin23.8%
Net earnings$766M

Consolidated Edison, Q3 2026: revenue $4.9B (+8% year over year), operating margin 23.8%, net earnings $766M, operating cash flow $854M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$4.9B—+8%
Operating profit$1.2B—+21%
Net earnings$766M—+11%
Operating cash flow$854M—+69%

What changed

Revenue was $4.9B in Q3 2026, up 8% year over year. Electric was the largest line at 89% of revenue. Electric added $0.35B year over year (up 9%), 93% of the total change.

Operating profit was $1.2B, a 23.8% margin (up 2.4 points year over year). Of the extra revenue versus Q3 2025, 53% reached operating profit, above the 21% margin then. Total costs grew 5% against revenue growth of 8%. Net earnings were $0.77B, up 11% year over year. The effective tax rate was 25.0%.

Operating cash flow was $0.85B (up 69% year over year), 111% of net earnings. Non-cash charges added back $0.59B of depreciation and amortization. Working capital and other items used $0.50B. Capital expenditures of $1.7B exceeded it, leaving free cash flow of −$0.83B.

Questions

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

Consolidated Edison (ED) reported revenue of $4.9B for the third quarter 2026 (Q3 2026), +8% from a year earlier.

Was Consolidated Edison profitable in the third quarter 2026?

Operating profit was $1.2B (23.8% of revenue) and net earnings $766M.

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Source: Consolidated Edison 10-Q on SEC EDGAR.