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Sempra (SRE) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

Sempra (SRE) reported revenue of $3.2B for the third quarter 2026 (Q3 2026), +1% from a year earlier. Operating margin was 35.3%, net earnings $883M (27.7% of revenue).

Revenue$3.2B
Year over year+1%
Quarter over quarter—
Operating margin35.3%
Net earnings$883M

Sempra, Q3 2026: revenue $3.2B (+1% year over year), operating margin 35.3%, net earnings $883M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$3.2B—+1%
Operating profit$1.1B—+78%
Net earnings$883M—+829%
Operating cash flow$1.6B—+41%

What changed

Revenue was $3.2B in Q3 2026, up 1% year over year. Electric was the largest line at 51% of revenue. Electric added $0.40B year over year (up 33%), 1000% of the total change. Gas declined 8%.

Operating profit was $1.1B, a 35.3% margin (up 15.3 points year over year). Of the extra revenue versus Q3 2025, 1240% reached operating profit, above the 20% margin then. Total costs fell 18% while revenue rose 1%. Net earnings were $0.88B, up 829% year over year. The effective tax rate was 1.2%.

Operating cash flow was $1.6B (up 41% year over year), 140% of net income including minority interests. Non-cash charges added back $0.63B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of $2.6B exceeded it, leaving free cash flow of −$1.1B.

Questions

What was Sempra's revenue in the third quarter 2026?

Sempra (SRE) reported revenue of $3.2B for the third quarter 2026 (Q3 2026), +1% from a year earlier.

Was Sempra profitable in the third quarter 2026?

Operating profit was $1.1B (35.3% of revenue) and net earnings $883M.

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Source: Sempra 10-Q on SEC EDGAR.