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

- Company: Public Service Enterprise Group Incorporated (PEG)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-04-30, accession number 0000950170-25-061108
- Page: https://plicit.ai/financials/peg/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/peg-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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.