PG&E Corp

PCG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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PG&E Earnings: Growth Continues Amid Key Regulatory and Policy Debates in California

Travis Miller

Apr 23, 2026

PG&E reported $0.43 adjusted earnings per share in the first quarter, up from $0.33 in the first quarter of 2025. Results are on track to meet our full-year estimate and management's guidance.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

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PG&E Corp

PG&E Earnings: Growth Continues Amid Key Regulatory and Policy Debates in California

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