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Public Service Enterprise Group (PEG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Public Service Enterprise Group (PEG) reported revenue of $2.6B for the second quarter 2026 (Q2 2026), -9% from a year earlier and -34% from the quarter before. Operating margin was 18.1%, net earnings $334M (13.1% of revenue).

Revenue$2.6B
Year over year-9%
Quarter over quarter-34%
Operating margin18.1%
Net earnings$334M

Public Service Enterprise Group, Q2 2026: revenue $2.6B (-9% year over year), operating margin 18.1%, net earnings $334M, operating cash flow $550M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.6B-34%-9%
Operating profit$461M-57%-44%
Net earnings$334M-55%-43%
Operating cash flow$550M-57%+15%

What changed

Revenue was $2.6B in Q2 2026, down 9% year over year and down 34% from the previous quarter.

Operating profit was $0.46B, a 18.1% margin (down 11.1 points year over year). Total costs grew 5% against a revenue fall of 9%. Net earnings were $0.33B, down 43% year over year. The effective tax rate was 16.1%.

Operating cash flow was $0.55B (up 15% year over year), 165% of net earnings. Working capital and other items added $0.22B. Capital expenditures of $0.77B exceeded it, leaving free cash flow of −$0.22B.

Questions

What was Public Service Enterprise Group's revenue in the second quarter 2026?

Public Service Enterprise Group (PEG) reported revenue of $2.6B for the second quarter 2026 (Q2 2026), -9% from a year earlier and -34% from the quarter before.

Was Public Service Enterprise Group profitable in the second quarter 2026?

Operating profit was $461M (18.1% of revenue) and net earnings $334M.

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Source: Public Service Enterprise Group 10-Q on SEC EDGAR.