Public Service Enterprise Group Incorporated (PEG) FY2025 Q1 P&L / Income Statement

Public Service Enterprise Group Incorporated (PEG) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

OPERATING REVENUES

3,222,000,000 US dollars

Cost of revenue (calculated)

1,186,000,000 US dollars

Gross profit (calculated)

2,036,000,000 US dollars

Operating expenses (calculated)

1,239,000,000 US dollars

OPERATING INCOME

797,000,000 US dollars

Other income (expense), net (calculated)

negative 180,000,000 US dollars

INCOME BEFORE INCOME TAXES

617,000,000 US dollars

Income Tax Benefit (Expense)

28,000,000 US dollars

NET INCOME

589,000,000 US dollars

Public Service Electric and Gas Company

2,664,000,000 US dollars

PSEG Power & Other

1,092,000,000 US dollars

Energy Costs

1,186,000,000 US dollars

Operation and Maintenance

919,000,000 US dollars

Depreciation and Amortization

320,000,000 US dollars

Revenue before reconciliation (calculated)

3,756,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Eliminations

negative 534,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.