Filing Flows › Portland General Electric (POR) › Q2 2026
Portland General Electric (POR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Portland General Electric (POR) reported revenue of $814M for the second quarter 2026 (Q2 2026), +0.9% from a year earlier and -7% from the quarter before. Operating margin was 14.9%, net earnings $68.0M (8.4% of revenue).
Portland General Electric, Q2 2026: revenue $814M (+0.9% year over year), operating margin 14.9%, net earnings $68.0M, operating cash flow $220M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $814M | -7% | +0.9% |
| Operating profit | $121M | +13% | +3% |
| Net earnings | $68.0M | +51% | +10% |
| Operating cash flow | $220M | -18% | -35% |
What changed
Revenue was $814.0M in Q2 2026, up 1% year over year and down 7% from the previous quarter.
Operating profit was $121.0M, a 14.9% margin (up 0.2 points year over year). Of the extra revenue versus Q2 2025, 43% reached operating profit, above the 15% margin then. Total costs grew 1% against revenue growth of 1%. Net earnings were $68.0M, up 10% year over year. The effective tax rate was 15.0%.
Operating cash flow was $220.0M (down 35% year over year), 324% of net earnings. Non-cash charges added back $143.0M of depreciation and amortization. Capital expenditures of $376.0M exceeded it, leaving free cash flow of −$156.0M.
Questions
What was Portland General Electric's revenue in the second quarter 2026?
Portland General Electric (POR) reported revenue of $814M for the second quarter 2026 (Q2 2026), +0.9% from a year earlier and -7% from the quarter before.
Was Portland General Electric profitable in the second quarter 2026?
Operating profit was $121M (14.9% of revenue) and net earnings $68.0M.