Filing Flows › Public Service Enterprise Group (PEG) › Q1 2026
Public Service Enterprise Group (PEG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Public Service Enterprise Group (PEG) reported revenue of $3.8B for the first quarter 2026 (Q1 2026), +19% from a year earlier and +32% from the quarter before. Operating margin was 27.9%, net earnings $741M (19.3% of revenue).
Public Service Enterprise Group, Q1 2026: revenue $3.8B (+19% year over year), operating margin 27.9%, net earnings $741M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8B | +32% | +19% |
| Operating profit | $1.1B | +110% | +35% |
| Net earnings | $741M | +135% | +26% |
| Operating cash flow | $1.3B | +76% | +21% |
| Free cash flow | $578M | — | +37% |
What changed
Revenue was $3.8B in Q1 2026, up 19% year over year and up 32% from the previous quarter.
Operating profit was $1.1B, a 27.9% margin (up 3.2 points year over year). Of the extra revenue versus Q1 2025, 44% reached operating profit, above the 25% margin then. Total costs grew 14% against revenue growth of 19%. The fastest-growing cost line was Cost of revenue (+27%). Net earnings were $0.74B, up 26% year over year. The effective tax rate was 12.6%.
Operating cash flow was $1.3B (up 21% year over year), 172% of net earnings. Working capital and other items added $0.53B. Capital expenditures of $0.69B left free cash flow of $0.58B.
Questions
What was Public Service Enterprise Group's revenue in the first quarter 2026?
Public Service Enterprise Group (PEG) reported revenue of $3.8B for the first quarter 2026 (Q1 2026), +19% from a year earlier and +32% from the quarter before.
Was Public Service Enterprise Group profitable in the first quarter 2026?
Operating profit was $1.1B (27.9% of revenue) and net earnings $741M.