Filing Flows › Sempra (SRE) › Q2 2026
Sempra (SRE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Sempra (SRE) reported revenue of $3.0B for the second quarter 2026 (Q2 2026), -0.1% from a year earlier and -18% from the quarter before. Operating margin was 35.2%, net earnings $797M (26.6% of revenue).
Sempra, Q2 2026: revenue $3.0B (-0.1% year over year), operating margin 35.2%, net earnings $797M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0B | -18% | -0.1% |
| Operating profit | $1.1B | -13% | +53% |
| Net earnings | $797M | -23% | +68% |
| Operating cash flow | $1.3B | -28% | +67% |
What changed
Revenue was $3.0B in Q2 2026, roughly flat year over year and down 18% from the previous quarter. Gas was the largest line at 50% of revenue. Gas lost $0.25B year over year (down 14%), 8400% of the total change.
Operating profit was $1.1B, a 35.2% margin (up 12.1 points year over year). Total costs fell 16% while revenue was flat. Net earnings were $0.80B, up 68% year over year. The effective tax rate was 10.6%.
Operating cash flow was $1.3B (up 67% year over year), 139% of net income including minority interests. Non-cash charges added back $0.61B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.27B. Capital expenditures of $2.2B exceeded it, leaving free cash flow of −$0.92B.
Questions
What was Sempra's revenue in the second quarter 2026?
Sempra (SRE) reported revenue of $3.0B for the second quarter 2026 (Q2 2026), -0.1% from a year earlier and -18% from the quarter before.
Was Sempra profitable in the second quarter 2026?
Operating profit was $1.1B (35.2% of revenue) and net earnings $797M.
Source: Sempra 10-Q on SEC EDGAR.