Public Service Enterprise Group Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Public Service Enterprise Group Inc reported revenue of $12.2B (+18.3% year on year) and net income of $2.1B (+19.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| OPERATING REVENUES | $12.2B | $10.3B | $11.2B | $9.8B |
| Energy Costs | $4.2B | $3.4B | $3.3B | $4.0B |
| Operation and Maintenance | $3.8B | $3.4B | $3.1B | $3.2B |
| Depreciation and Amortization | $1.3B | $1.2B | $1.1B | $1.1B |
| Total Operating Expenses | $9.2B | $7.9B | $7.6B | $8.4B |
| OPERATING INCOME | $3.0B | $2.4B | $3.7B | $1.4B |
| Net Gains (Losses) on Trust Investments | $189.0M | $127.0M | $189.0M | ($265.0M) |
| Net Other Income (Deductions) | $145.0M | $153.0M | $172.0M | $124.0M |
| Net Non-Operating Pension and Other Postretirement Benefit (OPEB) (Costs) Credits | $65.0M | $73.0M | ($218.0M) | $376.0M |
| Interest Expense | ($1.0B) | ($882.0M) | ($748.0M) | ($628.0M) |
| INCOME BEFORE INCOME TAXES | $2.4B | $1.8B | $3.1B | $1.0B |
| Income Tax Expense | ($263.0M) | ($53.0M) | ($518.0M) | $29.0M |
| NET INCOME | $2.1B | $1.8B | $2.6B | $1.0B |
| BASIC (shares) | 499.0M | 498.0M | 498.0M | 498.0M |
| DILUTED (shares) | 501.0M | 500.0M | 500.0M | 501.0M |
| BASIC | $4.23 | $3.56 | $5.15 | $2.07 |
| DILUTED | $4.22 | $3.54 | $5.13 | $2.06 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| OPERATING REVENUES | $2.6B | $3.8B | $3.2B | $2.8B |
| Energy Costs | $866.0M | $1.5B | $1.1B | $826.0M |
| Operation and Maintenance | $906.0M | $937.0M | $927.0M | $854.0M |
| Depreciation and Amortization | $321.0M | $329.0M | $311.0M | $308.0M |
| Total Operating Expenses | $2.1B | $2.8B | $2.4B | $2.0B |
| OPERATING INCOME | $461.0M | $1.1B | $855.0M | $817.0M |
| Net Gains (Losses) on Trust Investments | $144.0M | ($17.0M) | $62.0M | $95.0M |
| Net Other Income (Deductions) | $41.0M | $43.0M | $39.0M | $46.0M |
| Net Non-Operating Pension and Other Postretirement Benefit (OPEB) Credits (Costs) | $21.0M | $19.0M | $17.0M | $16.0M |
| Interest Expense | ($269.0M) | ($272.0M) | ($253.0M) | ($248.0M) |
| INCOME BEFORE INCOME TAXES | $398.0M | $848.0M | $720.0M | $726.0M |
| Income Tax Expense | ($64.0M) | ($107.0M) | ($98.0M) | ($141.0M) |
| NET INCOME | $334.0M | $741.0M | $622.0M | $585.0M |
| BASIC (shares) | 498.0M | 499.0M | 499.0M | 499.0M |
| DILUTED (shares) | 499.0M | 500.0M | 501.0M | 500.0M |
| BASIC | $0.67 | $1.48 | $1.25 | $1.17 |
| DILUTED | $0.67 | $1.48 | $1.24 | $1.17 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and Cash Equivalents | $132.0M | $125.0M | $54.0M | $465.0M |
| Accounts Receivable, net of allowance | $1.9B | $1.6B | $1.5B | $1.9B |
| Tax Receivable | $406.0M | $394.0M | $10.0M | $79.0M |
| Unbilled Revenues, net of allowance | $381.0M | $313.0M | $244.0M | $322.0M |
| Fuel | $282.0M | $232.0M | $264.0M | $420.0M |
| Materials and Supplies, net | $873.0M | $892.0M | $759.0M | $540.0M |
| Prepayments | $75.0M | $117.0M | $144.0M | $93.0M |
| Derivative Contracts | $11.0M | $33.0M | $112.0M | $18.0M |
| Regulatory Assets | $537.0M | $516.0M | $273.0M | $369.0M |
| Other | $11.0M | $16.0M | $31.0M | $33.0M |
| Total Current Assets | $4.6B | $4.2B | $3.4B | $4.3B |
| PROPERTY, PLANT AND EQUIPMENT | $53.9B | $51.2B | $48.6B | $45.9B |
| Less: Accumulated Depreciation and Amortization | ($11.9B) | ($11.1B) | ($10.6B) | ($10.0B) |
| Net Property, Plant and Equipment | $42.1B | $40.1B | $38.0B | $35.9B |
| Regulatory Assets | $6.4B | $6.1B | $5.2B | $4.4B |
| Operating Lease Right-of-Use Assets | $138.0M | $162.0M | $179.0M | $176.0M |
| Long-Term Investments | $372.0M | $263.0M | $295.0M | $624.0M |
| Nuclear Decommissioning Trust (NDT) Fund | $2.9B | $2.7B | $2.5B | $2.2B |
| Long-Term Receivable of Variable Interest Entity | $520.0M | $558.0M | $632.0M | $551.0M |
| Rabbi Trust Fund | $162.0M | $165.0M | $179.0M | $183.0M |
| Long-Term Accrued Taxes | $0 | $2.0M | — | — |
| Derivative Contracts | $6.0M | $51.0M | $29.0M | $15.0M |
| Other | $372.0M | $347.0M | $342.0M | $271.0M |
| Total Noncurrent Assets | $10.9B | $10.3B | $9.3B | $8.5B |
| TOTAL ASSETS | $57.6B | $54.6B | $50.7B | $48.7B |
| Long-Term Debt Due Within One Year | $875.0M | $2.1B | $1.5B | $1.6B |
| Commercial Paper and Loans | $1.5B | $1.6B | $949.0M | $2.2B |
| Accounts Payable | $1.5B | $1.1B | $1.2B | $1.3B |
| Derivative Contracts | $65.0M | $5.0M | $86.0M | $124.0M |
| Accrued Interest | $265.0M | $219.0M | $170.0M | $134.0M |
| Accrued Taxes | $95.0M | $10.0M | $8.0M | $12.0M |
| New Jersey Clean Energy Program | $145.0M | $145.0M | — | — |
| Obligation to Return Cash Collateral | $106.0M | $93.0M | $89.0M | $290.0M |
| Regulatory Liabilities | $484.0M | $555.0M | $349.0M | $384.0M |
| Other | $687.0M | $599.0M | $547.0M | $545.0M |
| Total Current Liabilities | $5.7B | $6.5B | $5.1B | $6.7B |
| Deferred Income Taxes and Investment Tax Credits (ITC) | $7.9B | $7.2B | $6.7B | $5.7B |
| Regulatory Liabilities | $2.0B | $2.3B | $2.1B | $2.2B |
| Operating Leases | $128.0M | $153.0M | $173.0M | $169.0M |
| Asset Retirement Obligations | $1.4B | $1.5B | $1.5B | $1.5B |
| OPEB Costs | $743.0M | $802.0M | $863.0M | $410.0M |
| Accrued Pension Costs | $305.0M | $519.0M | $708.0M | $705.0M |
| Environmental Costs | $225.0M | $225.0M | $213.0M | $231.0M |
| Derivative Contracts | $21.0M | $4.0M | $6.0M | $33.0M |
| Long-Term Accrued Taxes | $141.0M | $130.0M | $45.0M | $66.0M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and Cash Equivalents | $192.0M | $404.0M | $334.0M | $186.0M |
| Accounts Receivable, net of allowance | $1.9B | $2.1B | $1.6B | $1.7B |
| Tax Receivable | $134.0M | $267.0M | $402.0M | $330.0M |
| Unbilled Revenues, net of allowance | $302.0M | $269.0M | $225.0M | $331.0M |
| Fuel | $222.0M | $96.0M | $326.0M | $213.0M |
| Materials and Supplies, net | $868.0M | $881.0M | $882.0M | $889.0M |
| Prepayments | $425.0M | $109.0M | $215.0M | $365.0M |
| Derivative Contracts | $19.0M | $4.0M | $15.0M | $29.0M |
| Regulatory Assets | $469.0M | $303.0M | $639.0M | $529.0M |
| Other | $20.0M | $9.0M | $24.0M | $17.0M |
| Total Current Assets | $4.6B | $4.4B | $4.7B | $4.6B |
| PROPERTY, PLANT AND EQUIPMENT | $55.2B | $54.5B | $53.2B | $52.3B |
| Less: Accumulated Depreciation and Amortization | ($12.3B) | ($12.1B) | ($11.8B) | ($11.6B) |
| Net Property, Plant and Equipment | $42.9B | $42.4B | $41.4B | $40.8B |
| Regulatory Assets | $6.6B | $6.5B | $6.5B | $6.3B |
| Operating Lease Right-of-Use Assets | $150.0M | $157.0M | $149.0M | $155.0M |
| Long-Term Investments | $420.0M | $391.0M | $243.0M | $236.0M |
| Nuclear Decommissioning Trust (NDT) Fund | $3.0B | $2.9B | $2.9B | $2.8B |
| Long-Term Receivable of Variable Interest Entities (VIE) | $529.0M | $526.0M | $564.0M | $566.0M |
| Rabbi Trust Fund | $159.0M | $158.0M | $164.0M | $164.0M |
| Derivative Contracts | $0 | $11.0M | $5.0M | $6.0M |
| Other | $484.0M | $451.0M | $382.0M | $369.0M |
| Total Noncurrent Assets | $11.3B | $11.1B | $10.8B | $10.7B |
| TOTAL ASSETS | $58.8B | $57.9B | $56.9B | $56.0B |
| Long-Term Debt Due Within One Year | $850.0M | $425.0M | $875.0M | $1.0B |
| Commercial Paper and Loans | $950.0M | $1.2B | $829.0M | $650.0M |
| Accounts Payable | $1.3B | $1.2B | $1.3B | $1.2B |
| Derivative Contracts | $203.0M | $124.0M | $23.0M | $26.0M |
| Accrued Interest | $289.0M | $267.0M | $252.0M | $257.0M |
| Accrued Taxes | $53.0M | $61.0M | $106.0M | $70.0M |
| New Jersey Clean Energy Program | $229.0M | $85.0M | $186.0M | $226.0M |
| Obligation to Return Cash Collateral | $157.0M | $126.0M | $99.0M | $104.0M |
| Regulatory Liabilities | $592.0M | $382.0M | $605.0M | $492.0M |
| Other | $565.0M | $711.0M | $726.0M | $582.0M |
| Total Current Liabilities | $5.2B | $4.5B | $5.0B | $4.6B |
| Deferred Income Taxes and Investment Tax Credits (ITC) | $8.3B | $8.2B | $7.7B | $7.6B |
| Regulatory Liabilities | $2.0B | $2.0B | $2.1B | $2.1B |
| Operating Leases | $137.0M | $144.0M | $138.0M | $144.0M |
| Asset Retirement Obligations | $1.4B | $1.4B | $1.4B | $1.4B |
| OPEB Costs | $734.0M | $740.0M | $795.0M | $796.0M |
| Accrued Pension Costs | $287.0M | $296.0M | $504.0M | $513.0M |
| Environmental Costs | $221.0M | $225.0M | $229.0M | $217.0M |
| Derivative Contracts | $47.0M | $4.0M | $6.0M | $15.0M |
| Long-Term Accrued Taxes | $145.0M | $142.0M | $149.0M | $0 |
| Other | $299.0M | $283.0M | $224.0M | $202.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| NET INCOME | $2.1B | $1.8B | $2.6B | $1.0B |
| Depreciation and Amortization | $1.3B | $1.2B | $1.1B | $1.1B |
| Amortization of Nuclear Fuel | $202.0M | $191.0M | $189.0M | $183.0M |
| Provision for Deferred Income Taxes and ITC | $100.0M | $263.0M | $355.0M | ($264.0M) |
| Non-Cash Employee Benefit Plan (Credits) Costs | $76.0M | $75.0M | $366.0M | ($239.0M) |
| Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives | $52.0M | $210.0M | ($1.3B) | $639.0M |
| Cost of Removal | ($156.0M) | ($170.0M) | ($166.0M) | ($129.0M) |
| Energy Efficiency Programs Regulatory Investment Expenditures | ($552.0M) | ($544.0M) | — | — |
| Amortization of Energy Efficiency Programs Regulatory Investment Expenditures | $169.0M | $125.0M | — | — |
| Net Change in Other Regulatory Assets and Liabilities | $116.0M | ($273.0M) | $2.0M | ($316.0M) |
| Net (Gains) Losses and (Income) Expense from NDT Fund | ($267.0M) | ($194.0M) | — | — |
| Accounts Receivable and Unbilled Revenues | ($303.0M) | ($188.0M) | $72.0M | ($132.0M) |
| Fuel, Materials and Supplies | $29.0M | ($123.0M) | ($211.0M) | ($73.0M) |
| Prepayments | $11.0M | $29.0M | ($50.0M) | $8.0M |
| Tax Receivable | ($12.0M) | ($384.0M) | — | — |
| Cash Collateral | $22.0M | ($131.0M) | $1.4B | ($677.0M) |
| Accounts Payable | $82.0M | $34.0M | $13.0M | $96.0M |
| Accounts Receivable/Payable-Affiliated Companies, net | $68.0M | ($47.0M) | ($3.0M) | $18.0M |
| Obligation to Return Cash Collateral | $13.0M | $4.0M | — | — |
| Accrued Taxes | $85.0M | $2.0M | ($10.0M) | ($94.0M) |
| Other Current Assets and Liabilities | $85.0M | ($95.0M) | $110.0M | ($187.0M) |
| Employee Benefit Plan Funding and Related Payments | ($100.0M) | ($53.0M) | ($40.0M) | ($35.0M) |
| Other | $97.0M | $147.0M | $50.0M | ($15.0M) |
| Net Cash Provided By (Used In) Operating Activities | $3.3B | $2.1B | $3.8B | $1.5B |
| Additions to Property, Plant and Equipment | ($3.3B) | ($3.4B) | ($3.3B) | ($2.9B) |
| Proceeds from Sales of Trust Investments | $1.4B | $1.5B | $1.7B | $1.6B |
| Purchases of Trust Investments | ($1.4B) | ($1.6B) | $1.8B | $1.6B |
| Proceeds from Sales of Long-Lived Assets and Lease Investments | $0 | $0 | $37.0M | $1.9B |
| Proceeds from Sales of Equity Method Investments | $0 | $0 | $291.0M | — |
| Other | ($43.0M) | $100.0M | $76.0M | $18.0M |
| Net Cash Provided By (Used In) Investing Activities | ($3.3B) | ($3.3B) | ($3.0B) | ($1.1B) |
| Net Change in Commercial Paper and Loans | ($164.0M) | $744.0M | $250.0M | ($819.0M) |
| Proceeds from Short-Term Loans | $100.0M | $400.0M | $750.0M | $2.0B |
| Repayment of Short-Term Loans | $0 | ($500.0M) | ($2.3B) | ($2.5B) |
| Issuance of Long-Term Debt | $3.6B | $3.4B | $2.8B | $2.9B |
| Redemption of Long-Term Debt | ($2.1B) | ($1.5B) | ($1.6B) | ($700.0M) |
| Cash Dividends Paid | ($1.3B) | ($1.2B) | ($1.1B) | ($1.1B) |
| Other | ($116.0M) | ($70.0M) | ($98.0M) | ($6.0M) |
| Net Cash Provided By (Used In) Financing Activities | $12.0M | $1.2B | ($1.3B) | ($754.0M) |
| Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | $2.0M | $55.0M | ($412.0M) | ($352.0M) |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | $154.0M | $99.0M | $511.0M | $863.0M |
| Cash, Cash Equivalents and Restricted Cash at End of Period | $156.0M | $154.0M | — | — |
| Income Taxes Paid (Received) | $0 | $68.0M | $144.0M | $353.0M |
| Interest Paid, Net of Amounts Capitalized | $932.0M | $799.0M | $683.0M | $602.0M |
| Accrued Property, Plant and Equipment Expenditures | $416.0M | $326.0M | $443.0M | $366.0M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net Income | $1.1B | $741.0M | $1.8B | $1.2B |
| Depreciation and Amortization | $650.0M | $329.0M | $939.0M | $628.0M |
| Amortization of Nuclear Fuel | $108.0M | $54.0M | $154.0M | $101.0M |
| Provision for Deferred Income Taxes and ITC | $177.0M | $165.0M | $63.0M | $76.0M |
| Non-Cash Employee Benefit Plan (Credits) Costs | $13.0M | $6.0M | $57.0M | $38.0M |
| Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives | $300.0M | $40.0M | ($40.0M) | ($13.0M) |
| Cost of Removal | ($74.0M) | ($36.0M) | ($117.0M) | ($72.0M) |
| Energy Efficiency Programs Regulatory Expenditures | ($263.0M) | ($128.0M) | ($504.0M) | — |
| Energy Efficiency Programs Regulatory Investment Expenditures | ($263.0M) | ($128.0M) | — | ($318.0M) |
| Amortization of Energy Efficiency Programs Regulatory Expenditures | $103.0M | $50.0M | $122.0M | $79.0M |
| Net Change in Other Regulatory Assets and Liabilities | $298.0M | $109.0M | $148.0M | $110.0M |
| Net (Gains) Losses and (Income) Expense from NDT Fund | ($168.0M) | ($4.0M) | ($224.0M) | ($144.0M) |
| Accounts Receivable and Unbilled Revenues | $53.0M | ($123.0M) | ($62.0M) | ($127.0M) |
| Materials and Supplies | $14.0M | $0 | $24.0M | $17.0M |
| Tax Receivable | $272.0M | $139.0M | ($8.0M) | — |
| Prepayments | ($350.0M) | ($34.0M) | ($98.0M) | ($248.0M) |
| Accrued Taxes | ($42.0M) | ($34.0M) | $96.0M | — |
| Cash Collateral | ($192.0M) | $1.0M | $137.0M | ($13.0M) |
| Accounts Payable | ($20.0M) | ($84.0M) | $26.0M | $62.0M |
| Accounts Receivable/Payable-Affiliated Companies, net | ($321.0M) | ($9.0M) | ($54.0M) | ($3.0M) |
| Obligation to Return Cash Collateral | $51.0M | $20.0M | — | $11.0M |
| Other Current Assets and Liabilities | ($115.0M) | ($123.0M) | $27.0M | $102.0M |
| Employee Benefit Plan Funding and Related Payments | ($27.0M) | ($15.0M) | ($37.0M) | ($28.0M) |
| Other | $5.0M | ($9.0M) | $66.0M | $44.0M |
| Net Cash Provided By (Used In) Operating Activities | $1.8B | $1.3B | $2.6B | $1.5B |
| Additions to Property, Plant and Equipment | ($1.5B) | ($693.0M) | ($2.1B) | ($1.4B) |
| Proceeds from Sales of Trust Investments | $1.4B | $541.0M | $1.1B | $731.0M |
| Purchases of Trust Investments | ($1.4B) | ($559.0M) | ($1.1B) | ($756.0M) |
| Other | ($37.0M) | ($25.0M) | $71.0M | $52.0M |
| Net Cash Provided By (Used In) Investing Activities | ($1.5B) | ($736.0M) | ($2.1B) | ($1.4B) |
| Net Change in Commercial Paper and Loans | ($579.0M) | ($864.0M) | ($764.0M) | ($943.0M) |
| Proceeds from Short-Term Loans | $500.0M | $500.0M | — | — |
| Repayment of Short-Term Loans | ($500.0M) | — | $0 | $0 |
| Issuance of Long-Term Debt | $1.5B | $1.0B | $3.6B | $3.1B |
| Redemption of Long-Term Debt | ($450.0M) | ($450.0M) | ($2.1B) | ($1.6B) |
| Cash Dividends Paid on Common Stock | ($668.0M) | ($334.0M) | ($943.0M) | ($629.0M) |
| Other | ($113.0M) | ($115.0M) | ($54.0M) | ($56.0M) |
| Net Cash Provided By (Used In) Financing Activities | ($310.0M) | ($263.0M) | ($311.0M) | ($78.0M) |
| Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | $60.0M | $272.0M | $206.0M | $61.0M |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | $156.0M | $156.0M | $154.0M | $154.0M |
| Cash, Cash Equivalents and Restricted Cash at End of Period | $216.0M | $428.0M | $360.0M | $215.0M |
| Net Income Taxes Paid (Received) | ($263.0M) | ($157.0M) | $5.0M | ($55.0M) |
| Interest Paid, Net of Amounts Capitalized | $520.0M | $269.0M | $691.0M | $442.0M |
| Accrued Property, Plant and Equipment Expenditures | $449.0M | $397.0M | $563.0M | $371.0M |
Public Service Enterprise Group Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.