Filing Flows › Public Service Enterprise Group (PEG) › Q2 2025
Public Service Enterprise Group (PEG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Public Service Enterprise Group (PEG) reported revenue of $2.8B for the second quarter 2025 (Q2 2025), +16% from a year earlier and -13% from the quarter before. Operating margin was 29.1%, net earnings $585M (20.9% of revenue).
Public Service Enterprise Group, Q2 2025: revenue $2.8B (+16% year over year), operating margin 29.1%, net earnings $585M, operating cash flow $478M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | -13% | +16% |
| Operating profit | $817M | +3% | +40% |
| Net earnings | $585M | -0.7% | +35% |
| Operating cash flow | $478M | -54% | -0.8% |
What changed
Revenue was $2.8B in Q2 2025, up 16% year over year and down 13% from the previous quarter.
Operating profit was $0.82B, a 29.1% margin (up 5.1 points year over year). Of the extra revenue versus a year earlier, 62% reached operating profit, above the 24% margin then. Total costs grew 8% against revenue growth of 16%. The fastest-growing cost line was Cost of revenue (+13%). Net earnings were $0.58B, up 35% year over year. The effective tax rate was 19.4%.
Operating cash flow was $0.48B (down 1% year over year), 82% of net earnings. Working capital and other items used $0.11B. Capital expenditures of $0.79B exceeded it, leaving free cash flow of −$0.31B.
Questions
What was Public Service Enterprise Group's revenue in the second quarter 2025?
Public Service Enterprise Group (PEG) reported revenue of $2.8B for the second quarter 2025 (Q2 2025), +16% from a year earlier and -13% from the quarter before.
Was Public Service Enterprise Group profitable in the second quarter 2025?
Operating profit was $817M (29.1% of revenue) and net earnings $585M.