Sempra'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), Sempra reported revenue of $13.7B (+3.9% year on year) and net income of $2.1B (-40.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Natural gas | $7.3B | $7.1B | $9.5B | $7.9B |
| Electric | $4.6B | $4.3B | $4.3B | $4.8B |
| Energy-related businesses | $1.8B | $1.7B | $2.9B | $1.8B |
| Total revenues | $13.7B | $13.2B | $16.7B | $14.4B |
| Operating expenses | ($2.0B) | ($1.8B) | ($4.6B) | ($4.5B) |
| Operation and maintenance | ($5.3B) | ($5.3B) | ($5.5B) | ($4.7B) |
| Regulatory disallowances | ($651.0M) | — | — | — |
| Depreciation and amortization | ($2.6B) | ($2.4B) | ($2.2B) | ($2.0B) |
| Franchise fees and other taxes | ($744.0M) | ($693.0M) | ($677.0M) | ($635.0M) |
| Other income, net | $169.0M | $136.0M | $131.0M | $24.0M |
| Interest income | $103.0M | $61.0M | $89.0M | $75.0M |
| Interest expense | ($1.5B) | ($1.0B) | ($1.3B) | ($1.1B) |
| Income before income taxes and equity earnings | $1.2B | $2.1B | $2.6B | $1.3B |
| Income tax expense | ($701.0M) | ($219.0M) | ($490.0M) | ($556.0M) |
| Equity earnings | $1.6B | $1.6B | $1.5B | $1.5B |
| Net income | $2.1B | $3.5B | $3.6B | $2.3B |
| Earnings attributable to noncontrolling interests | ($238.0M) | ($638.0M) | ($543.0M) | — |
| Losses attributable to contingently redeemable noncontrolling interest | $3.0M | — | — | — |
| Preferred deemed dividends | ($11.0M) | — | — | — |
| Preferred dividends | ($29.0M) | ($44.0M) | ($44.0M) | ($44.0M) |
| Preferred dividends of subsidiary | ($1.0M) | ($1.0M) | ($1.0M) | ($1.0M) |
| Earnings attributable to common shares | 1.8B | 2.8B | 3.0B | 2.1B |
| Weighted-average common shares outstanding (in shares) | 652.7M | 633.8M | 630.3M | 315.2M |
| Earnings (in dollars per share) | $2.75 | $4.44 | $4.81 | $6.65 |
| Weighted-average common shares outstanding (in shares) | 653.8M | 637.9M | 632.7M | 316.4M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Natural gas | $1.4B | $2.0B | $1.4B | $1.5B |
| Electric | $1.2B | $1.2B | $1.3B | $1.0B |
| Energy-related businesses | $475.0M | $406.0M | $528.0M | $499.0M |
| Total revenues | $3.0B | $3.7B | $3.2B | $3.0B |
| Operating expenses | ($108.0M) | ($492.0M) | ($449.0M) | ($359.0M) |
| Operation and maintenance | ($1.3B) | ($1.2B) | ($1.3B) | ($1.2B) |
| Depreciation and amortization | ($612.0M) | ($621.0M) | ($662.0M) | ($653.0M) |
| Franchise fees and other taxes | ($194.0M) | ($210.0M) | ($194.0M) | ($165.0M) |
| Other income, net | $67.0M | $100.0M | $49.0M | $59.0M |
| Interest income | $38.0M | $40.0M | $17.0M | $14.0M |
| Interest expense | ($430.0M) | ($382.0M) | ($403.0M) | ($359.0M) |
| Income before income taxes and equity earnings | $507.0M | $848.0M | $160.0M | $298.0M |
| Income tax expense | ($112.0M) | ($65.0M) | ($482.0M) | ($172.0M) |
| Equity earnings | $547.0M | $367.0M | $472.0M | $393.0M |
| Net income | $942.0M | $1.1B | $150.0M | $519.0M |
| Earnings attributable to noncontrolling interests | ($141.0M) | ($107.0M) | ($55.0M) | ($46.0M) |
| Earnings attributable to contingently redeemable noncontrolling interest | ($4.0M) | ($6.0M) | — | — |
| Preferred dividends | $0 | $0 | ($7.0M) | ($11.0M) |
| Preferred dividends of subsidiary | ($1.0M) | — | $0 | ($1.0M) |
| Earnings attributable to common shares | 796.0M | 1.0B | 77.0M | 461.0M |
| Earnings (in dollars per share) | $1.22 | $1.59 | $0.12 | $0.71 |
| Weighted-average common shares outstanding (in shares) | 654.0M | 653.6M | 652.9M | 652.7M |
| Earnings (in dollars per share) | $1.21 | $1.58 | $0.12 | $0.71 |
| Weighted-average common shares outstanding (in shares) | 655.9M | 655.5M | 654.0M | 653.2M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $29.0M | $1.6B | $236.0M | $370.0M |
| Restricted cash | $2.0M | $21.0M | $49.0M | $40.0M |
| Accounts receivable – trade, net | $1.8B | $2.0B | $2.2B | $2.6B |
| Accounts receivable – other, net | $157.0M | $397.0M | $561.0M | $685.0M |
| Due from unconsolidated affiliates | $0 | $13.0M | $31.0M | $54.0M |
| Income taxes receivable | $71.0M | $90.0M | $94.0M | $113.0M |
| Inventories | $561.0M | $559.0M | $482.0M | $403.0M |
| Regulatory assets | $761.0M | $60.0M | $226.0M | $351.0M |
| Greenhouse gas allowances | $203.0M | $217.0M | $1.2B | $141.0M |
| Assets held for sale | $31.0B | — | — | — |
| Other current assets | $262.0M | $34.0M | $56.0M | $49.0M |
| Total current assets | $34.8B | $5.3B | $5.5B | $5.9B |
| Restricted cash | $0 | $3.0M | $104.0M | $52.0M |
| Regulatory assets | $3.9B | $3.9B | $3.8B | $2.6B |
| Greenhouse gas allowances | $1.2B | $845.0M | $301.0M | $796.0M |
| Nuclear decommissioning trusts | $899.0M | $875.0M | $872.0M | $841.0M |
| Dedicated assets in support of certain benefit plans | $605.0M | $585.0M | $549.0M | $505.0M |
| Deferred income taxes | $10.0M | $172.0M | $129.0M | $135.0M |
| Operating Lease, Right-of-Use Asset | $1.3B | $1.2B | $723.0M | $655.0M |
| Investment in Oncor Holdings | $17.5B | $15.4B | $14.3B | $13.7B |
| Other investments | $147.0M | $2.5B | $2.2B | $2.0B |
| Goodwill | $0 | $1.6B | $1.6B | $1.6B |
| Other intangible assets | $0 | $292.0M | $318.0M | $344.0M |
| Wildfire fund | $246.0M | $262.0M | $269.0M | $303.0M |
| Other long-term assets | $1.3B | $1.7B | $1.6B | $1.4B |
| Total other assets | $27.0B | $29.4B | $26.8B | $24.9B |
| Property, plant and equipment | $66.9B | $80.4B | $72.5B | $63.9B |
| Less accumulated depreciation and amortization | ($17.9B) | ($19.0B) | ($17.5B) | ($16.1B) |
| Property, plant and equipment, net | $49.0B | $61.4B | $55.0B | $47.8B |
| Total assets | $110.9B | $96.2B | $87.2B | $78.6B |
| Short-term debt | $4.2B | $2.0B | $2.3B | $3.4B |
| Accounts payable – trade | $1.5B | $2.2B | $2.2B | $2.0B |
| Accounts payable – other | $203.0M | $208.0M | $224.0M | $275.0M |
| Other current liabilities | $987.0M | $1.3B | $1.3B | $1.4B |
| Dividends and interest payable | $770.0M | $773.0M | $691.0M | $621.0M |
| Accrued compensation and benefits | $521.0M | $558.0M | $526.0M | $484.0M |
| Regulatory liabilities | $3.0M | $141.0M | $553.0M | $504.0M |
| Current portion of long-term debt and finance leases | $1.9B | $2.3B | $975.0M | $1.0B |
| Greenhouse gas obligations | $203.0M | $217.0M | $1.2B | $141.0M |
| Liabilities held for sale | $11.7B | — | — | — |
| Total current liabilities | $21.9B | $9.7B | $10.1B | $9.9B |
| Long-term debt and finance leases | $29.0B | $31.6B | $27.8B | $24.5B |
| Due to unconsolidated affiliates | $0 | $352.0M | $307.0M | $301.0M |
| Regulatory liabilities | $4.3B | $3.8B | $3.7B | $3.3B |
| Greenhouse gas obligations | $957.0M | $506.0M | $0 | $565.0M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $48.0M | $794.0M | $5.0M | $155.0M |
| Restricted cash | $2.0M | $2.0M | $2.0M | $25.0M |
| Accounts receivable – trade, net | $1.4B | $1.6B | $1.4B | $1.6B |
| Accounts receivable – other, net | $190.0M | $203.0M | $200.0M | $433.0M |
| Due from unconsolidated affiliates | $45.0M | $34.0M | $0 | $3.0M |
| Income taxes receivable | $252.0M | $177.0M | $79.0M | $148.0M |
| Inventories | $496.0M | $530.0M | $565.0M | $625.0M |
| Regulatory assets | $511.0M | $561.0M | $500.0M | $343.0M |
| Greenhouse gas allowances | $196.0M | $199.0M | $200.0M | $217.0M |
| Assets held for sale | $32.9B | $31.9B | $28.5B | $273.0M |
| Other current assets | $169.0M | $234.0M | $19.0M | $36.0M |
| Total current assets | $36.3B | $36.2B | $31.7B | $4.2B |
| Regulatory assets | $4.3B | $4.1B | $4.3B | $4.2B |
| Greenhouse gas allowances | $1.5B | $1.4B | $1.2B | $1.2B |
| Nuclear decommissioning trusts | $920.0M | $884.0M | $897.0M | $878.0M |
| Dedicated assets in support of certain benefit plans | $617.0M | $588.0M | $585.0M | $591.0M |
| Deferred income taxes | $10.0M | $10.0M | $19.0M | $159.0M |
| Right-of-use assets – operating leases | $1.3B | $1.3B | $1.2B | $1.2B |
| Investment in Oncor Holdings | $19.0B | $18.2B | $17.0B | $16.4B |
| Other investments | $150.0M | $148.0M | $144.0M | $2.6B |
| Wildfire fund | $235.0M | $240.0M | $250.0M | $255.0M |
| Other long-term assets | $1.2B | $1.3B | $1.2B | $1.6B |
| Total other assets | $29.3B | $28.1B | $26.8B | $30.9B |
| Property, plant and equipment | $68.4B | $67.5B | $66.0B | $84.5B |
| Less accumulated depreciation and amortization | ($18.6B) | ($18.3B) | ($17.6B) | ($19.7B) |
| Property, plant and equipment, net | $49.7B | $49.2B | $48.4B | $64.8B |
| Total assets | $115.3B | $113.5B | $106.9B | $99.9B |
| Short-term debt | $3.6B | $3.7B | $1.8B | $2.3B |
| Accounts payable – trade | $1.2B | $1.1B | $1.3B | $2.0B |
| Accounts payable – other | $198.0M | $174.0M | $219.0M | $265.0M |
| Dividends and interest payable | $807.0M | $920.0M | $910.0M | $818.0M |
| Accrued compensation and benefits | $358.0M | $316.0M | $486.0M | $402.0M |
| Regulatory liabilities | $3.0M | $3.0M | $4.0M | $54.0M |
| Current portion of long-term debt and finance leases | $2.1B | $1.9B | $1.9B | $1.4B |
| Greenhouse gas obligations | $196.0M | $199.0M | $200.0M | $217.0M |
| Liabilities held for sale | $13.0B | $12.2B | $11.2B | — |
| Other current liabilities | $685.0M | $858.0M | $1.1B | $1.2B |
| Total current liabilities | $22.1B | $21.4B | $20.0B | $8.6B |
| Long-term debt and finance leases | $31.0B | $30.8B | $29.0B | $34.9B |
| Regulatory liabilities | $4.4B | $4.3B | $4.0B | $3.9B |
| Greenhouse gas obligations | $1.2B | $1.1B | $947.0M | $879.0M |
| Pension and other postretirement benefit plan obligations, net of plan assets | $119.0M | $126.0M | $127.0M | $163.0M |
| Deferred income taxes | $6.5B | $6.4B | $6.1B | $6.2B |
| Asset retirement obligations | $3.8B | $3.8B | $3.8B | $3.8B |
| Deferred credits and other | $2.8B | $2.8B | $2.7B | $2.8B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $2.1B | $3.5B | $3.6B | $2.3B |
| Regulatory disallowances | $651.0M | — | — | — |
| Depreciation and amortization | $2.6B | $2.4B | $2.2B | $2.0B |
| Deferred income taxes and investment tax credits | $533.0M | ($20.0M) | $249.0M | $392.0M |
| Equity earnings | ($1.6B) | ($1.6B) | ($1.5B) | ($1.5B) |
| Share-based compensation expense | $64.0M | $86.0M | $80.0M | $71.0M |
| Fixed-price contracts and other derivatives | $92.0M | ($197.0M) | ($666.0M) | $863.0M |
| Bad debt expense | $65.0M | $209.0M | $458.0M | — |
| Other | ($16.0M) | $20.0M | ($11.0M) | $154.0M |
| Accounts receivable | ($66.0M) | $118.0M | $168.0M | ($976.0M) |
| Due to/from unconsolidated affiliates, net | $17.0M | $30.0M | $26.0M | ($31.0M) |
| Income taxes receivable/payable, net | ($187.0M) | ($49.0M) | $142.0M | ($29.0M) |
| Inventories | ($64.0M) | ($74.0M) | ($80.0M) | ($17.0M) |
| Other current assets | ($296.0M) | ($30.0M) | $11.0M | ($1.6B) |
| Accounts payable | ($7.0M) | ($131.0M) | ($270.0M) | $430.0M |
| Regulatory balancing accounts, net | ($829.0M) | ($456.0M) | $260.0M | $36.0M |
| Other current liabilities | $177.0M | $142.0M | $1.3B | $228.0M |
| Distributions from investments | $1.1B | $1.1B | $912.0M | $854.0M |
| Changes in other noncurrent assets and liabilities, net | $280.0M | ($150.0M) | ($594.0M) | ($565.0M) |
| Net cash provided by operating activities | $4.6B | $4.9B | $6.2B | $1.1B |
| Expenditures for property, plant and equipment | ($10.6B) | ($8.2B) | ($8.4B) | ($5.4B) |
| Expenditures for investments | ($2.0B) | ($988.0M) | ($382.0M) | ($376.0M) |
| Return on investments | $0 | $9.0M | $0 | — |
| Purchases of nuclear decommissioning and other trust assets | ($1.0B) | ($889.0M) | ($610.0M) | ($700.0M) |
| Proceeds from sales of nuclear decommissioning and other trust assets | $1.1B | $942.0M | $661.0M | $762.0M |
| Other | $23.0M | $23.0M | $9.0M | $6.0M |
| Net cash used in investing activities | ($12.5B) | ($9.1B) | ($8.7B) | — |
| Common dividends paid | ($1.6B) | ($1.5B) | ($1.5B) | ($1.4B) |
| Preferred dividends paid | ($40.0M) | ($44.0M) | ($44.0M) | ($44.0M) |
| Redemption of preferred stock | ($900.0M) | — | — | — |
| Issuances of common stock, net | $32.0M | $1.2B | $145.0M | $4.0M |
| Repurchases of common stock | ($58.0M) | ($43.0M) | ($32.0M) | ($478.0M) |
| Issuances of debt (maturities greater than 90 days) | $11.3B | $8.7B | $7.7B | $10.0B |
| Payments on debt (maturities greater than 90 days) and finance leases | ($5.2B) | ($3.3B) | ($6.3B) | ($4.5B) |
| Increase (decrease) in short-term debt, net | $1.3B | ($557.0M) | $552.0M | ($1.3B) |
| Advances from unconsolidated affiliates | $150.0M | $85.0M | $31.0M | $28.0M |
| Contributions from contingently redeemable noncontrolling interest, net of transaction costs | $5.3B | — | — | — |
| Proceeds from investor equity subscription | $106.0M | — | — | — |
| Proceeds from sales of noncontrolling interests, net | $0 | $0 | — | — |
| Contributions from noncontrolling interests | $327.0M | $1.2B | $1.2B | $1.7B |
| Distributions to noncontrolling interests | ($609.0M) | ($297.0M) | ($730.0M) | ($237.0M) |
| Termination of interest rate and settlement of cross-currency swaps | $0 | $46.0M | — | — |
| Other | ($93.0M) | ($56.0M) | ($85.0M) | ($35.0M) |
| Net cash (used in) provided by financing activities | $9.9B | $5.4B | $2.4B | $3.8B |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $5.0M | ($13.0M) | $6.0M | ($1.0M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $2.1B | $1.1B | $1.6B | $1.4B |
| Depreciation and amortization | $1.2B | $621.0M | $2.0B | $1.3B |
| Deferred income taxes and investment tax credits | $241.0M | $124.0M | $558.0M | $128.0M |
| Equity earnings | ($914.0M) | ($367.0M) | ($1.2B) | ($718.0M) |
| Share-based compensation expense | $44.0M | $25.0M | $25.0M | $11.0M |
| Fixed-price contracts and other derivatives | ($200.0M) | ($9.0M) | $133.0M | $82.0M |
| Bad debt expense | $48.0M | $18.0M | $109.0M | $37.0M |
| Other | $4.0M | $8.0M | $3.0M | ($36.0M) |
| Net change in working capital components | $268.0M | $89.0M | ($745.0M) | ($498.0M) |
| Distributions from investments | $721.0M | $389.0M | $828.0M | $516.0M |
| Changes in other noncurrent assets and liabilities, net | ($420.0M) | ($239.0M) | $112.0M | $13.0M |
| Net cash provided by operating activities | $3.1B | $1.8B | $3.4B | $2.3B |
| Expenditures for property, plant and equipment | ($4.7B) | ($2.5B) | ($7.2B) | ($4.6B) |
| Expenditures for investments | ($1.5B) | ($876.0M) | ($1.5B) | ($972.0M) |
| Purchases of nuclear decommissioning and other trust assets | ($650.0M) | ($368.0M) | ($746.0M) | ($531.0M) |
| Proceeds from sales of nuclear decommissioning and other trust assets | $679.0M | $395.0M | $831.0M | $580.0M |
| Advances to unconsolidated affiliates | ($30.0M) | — | — | — |
| Other | $9.0M | ($1.0M) | $3.0M | $0 |
| Net cash used in investing activities | ($6.2B) | ($3.3B) | ($8.6B) | ($5.6B) |
| Common dividends paid | ($826.0M) | ($409.0M) | ($1.2B) | ($787.0M) |
| Preferred dividends paid | $0 | — | ($22.0M) | ($22.0M) |
| Issuances of common stock, net | $30.0M | $9.0M | $26.0M | $19.0M |
| Repurchases of common stock | ($21.0M) | ($20.0M) | ($58.0M) | ($58.0M) |
| Issuances of debt (maturities greater than 90 days) | $8.1B | $3.3B | $8.9B | $5.5B |
| Payments on debt (maturities greater than 90 days) and finance leases | ($4.5B) | ($673.0M) | ($4.1B) | ($3.4B) |
| (Decrease) increase in short-term debt, net | ($600.0M) | ($458.0M) | ($170.0M) | $682.0M |
| Advances from unconsolidated affiliates | $79.0M | $63.0M | $96.0M | $44.0M |
| Contributions from noncontrolling interests | $74.0M | $41.0M | $137.0M | $83.0M |
| Distributions to noncontrolling interests | ($135.0M) | ($65.0M) | ($131.0M) | ($91.0M) |
| Termination of interest rate swaps, net of transaction costs | $96.0M | $96.0M | — | — |
| Other | ($51.0M) | ($17.0M) | ($90.0M) | ($26.0M) |
| Net cash provided by financing activities | $2.2B | $1.9B | $6.7B | $1.9B |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $1.0M | ($3.0M) | $4.0M | $1.0M |
| Decrease in cash, cash equivalents and restricted cash | ($852.0M) | $407.0M | $1.4B | ($1.4B) |
| Cash, cash equivalents and restricted cash, January 1 | $3.6B | $3.6B | $1.6B | $1.6B |
| Cash, cash equivalents and restricted cash, June 30 | $2.7B | — | — | $183.0M |
| Interest payments, net of amounts capitalized | $764.0M | $243.0M | $940.0M | $691.0M |
| Income tax payments, net of refunds | $124.0M | $20.0M | $339.0M | $290.0M |
| Repayments of advances from unconsolidated affiliate in lieu of distributions | $60.0M | $60.0M | $45.0M | $45.0M |
| Accrued capital expenditures for PP&E | $1.5B | $1.1B | $1.6B | $1.2B |
| Increase in ARO capitalized to PP&E | $17.0M | — | $59.0M | $60.0M |
| Increase in finance lease obligations capitalized to PP&E | $8.0M | $5.0M | $41.0M | $31.0M |
| Unamortized debt issuance costs reclassified from noncurrent assets to long-term debt | $22.0M | $14.0M | $49.0M | $37.0M |
| Change in equity related to allocation of interests | $92.0M | $42.0M | — | — |
| Dividends declared but not paid | $429.0M | $430.0M | $439.0M | $432.0M |
Sempra score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.