cash flow reconciliationreview2016-12-31
Operating, investing and financing flows differ from the reported change in cash by 227000000, beyond tolerance 57530000.00.
Revenue
$24.94B
Fiscal year ended 2025-12-31Operating income
$4.75B
Fiscal year ended 2025-12-31Free cash flow
-$3.07B
Fiscal year ended 2025-12-31PG&E Corp (PCG) reported revenue of $24.94B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from PG&E Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Electric & Other Services Combined.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.94B | $24.42B | $24.43B | $21.68B | $20.64B | $18.47B | $17.13B | $16.76B | $17.14B | $17.67B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $4.75B | $4.46B | $2.67B | $1.84B | $1.88B | $1.76B | -$10.09B | -$9.70B | $2.90B | $2.08B |
| Net income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 2.20B | shares 2.15B | shares 2.14B | shares 2.13B | shares 1.98B | shares 1.26B | shares 528.00M | shares 517.00M | shares 513.00M | shares 501.00M |
| Pretax income | $2.42B | $2.31B | $699.00M | $476.00M | $748.00M | -$942.00M | -$11.04B | -$10.13B | $2.17B | $1.46B |
| Income tax expense | -$280.00M | -$200.00M | -$1.56B | -$1.34B | $836.00M | $362.00M | -$3.40B | -$3.29B | $511.00M | $55.00M |
| Diluted EPS | $1.18 | $1.15 | $1.05 | $0.84 | $-0.05 | $-1.05 | $-14.50 | $-13.25 | $3.21 | $2.78 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $713.00M | $940.00M | $635.00M | $734.00M | $291.00M | $484.00M | $1.57B | $1.67B | $449.00M | $177.00M |
| Total assets | $141.61B | $133.66B | $125.70B | $118.64B | $103.33B | $97.86B | $85.20B | $77.00B | $68.01B | $68.60B |
| Current assets | $15.83B | $17.22B | $14.38B | $12.82B | $11.08B | $9.60B | $10.16B | $9.20B | $6.28B | $6.16B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $16.30B | $16.33B | $17.31B | $15.79B | $17.43B | $13.58B | $7.63B | $41.70B | $7.13B | $7.56B |
| Total equity incl. NCI | $32.79B | $30.40B | $25.29B | $23.08B | $21.22B | $21.25B | $5.39B | $12.90B | $19.47B | $18.19B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $75.00M | $52.00M | $65.00M | $91.00M | $44.00M | $95.00M | $97.00M | $111.00M | $115.00M | $117.00M |
| Accounts receivable | $2.27B | $2.22B | $2.05B | $2.64B | $2.34B | $1.88B | $1.29B | $1.15B | $1.24B | $1.25B |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $57.39B | $53.57B | $50.98B | $47.74B | $38.22B | $37.29B | $0 | $22.08B | $17.75B | $16.22B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $1.98B | $1.65B | $1.50B |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $8.72B | $8.04B | $4.75B | $3.72B | $2.26B | -$19.13B | $4.82B | $4.75B | $5.98B | $4.41B |
| Capital expenditures | $11.79B | $10.37B | $9.71B | $9.58B | $7.69B | $7.69B | $6.31B | $6.51B | $5.64B | $5.71B |
| Investing cash flow | -$12.32B | -$11.38B | -$9.16B | -$10.21B | -$6.90B | -$7.75B | -$6.38B | -$6.56B | -$5.65B | -$5.75B |
| Financing cash flow | $3.36B | $3.62B | $4.40B | $7.13B | $4.32B | $25.93B | $1.46B | $3.03B | -$55.00M | $1.17B |
| Net change in cash | -$241.00M | $281.00M | -$15.00M | $640.00M | -$320.00M | -$950.00M | -$98.00M | $1.22B | $272.00M | $54.00M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | Unavailable | $86.00M | $0 | $0 | Unavailable | Unavailable | $0 | $0 | $1.02B | $921.00M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$3.07B | -$2.33B | -$4.97B | -$5.86B | -$5.43B | -$26.82B | -$1.50B | -$1.76B | $336.00M | -$1.30B |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 19.0% | 18.3% | 10.9% | 8.5% | 9.1% | 9.5% | -58.9% | -57.9% | 17.0% | 11.8% |
| FCF margin | -12.3% | -9.6% | -20.3% | -27.0% | -26.3% | -145.2% | -8.7% | -10.5% | 2.0% | -7.4% |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 0.97x | 1.05x | 0.83x | 0.81x | 0.64x | 0.71x | 1.33x | 0.22x | 0.88x | 0.81x |
| Revenue YoY growth | 2.1% | -0.0% | 12.7% | 5.0% | 11.8% | 7.8% | 2.2% | -2.2% | -3.0% | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 47.3% | 42.5% | 39.8% | 44.2% | 37.2% | 41.6% | 36.9% | 38.9% | 32.9% | 32.3% |
| Long-term debt / equity | 1.75x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | -11.6% | -8.7% | -222.7% | -281.1% | 111.8% | Unavailable | Unavailable | Unavailable | 23.5% | 3.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PCG in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-23View SEC filing
10-Q · Filed 2026-04-23View SEC filing
10-K · Filed 2026-02-12View SEC filing
10-Q · Filed 2025-10-23View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-04-24View SEC filing
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.