Public Service Enterprise GroupPEGEarnings & Financial Report
The Public Service Enterprise Group, Inc. (PSEG) is a publicly traded energy company based in Newark, New Jersey, where it has been based since its founding. It was founded in 1985, with its roots tracing back to 1903.
PEG Q4 2025 Key Financial Metrics
Revenue
$2.9B
Gross Profit
N/A
Operating Profit
$511.0M
Net Profit
$315.0M
Gross Margin
N/A
Operating Margin
17.5%
Net Margin
10.8%
YoY Growth
18.3%
EPS
$0.63
Financial Flow
Public Service Enterprise Group Q4 2025 Financial Summary
Public Service Enterprise Group reported revenue of $2.9B (up 18.3% YoY) for Q4 2025, with a net profit of $315.0M (up 10.1% YoY) (10.8% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $2.9B |
|---|---|
| Net Profit | $315.0M |
| Gross Margin | N/A |
| Operating Margin | 17.5% |
| Report Period | Q4 2025 |
Revenue Breakdown
Public Service Enterprise Group Q4 2025 revenue of $2.9B breaks down across 4 segments, led by PSEG Power Other at $1.1B (36.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| PSEG Power Other | $1.1B | 36.9% |
| Electric Distribution Contracts | $929.0M | 31.9% |
| Gas Distribution Contracts | $840.0M | 28.8% |
| Other | $71.0M | 2.4% |
Public Service Enterprise Group Revenue by Segment — Quarterly Trend
Public Service Enterprise Group revenue by segment across the last 4 reported quarters, showing how each business line (such as PSEG Power Other and Electric Distribution Contracts) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| PSEG Power Other | $1.1B | $698.0M | $675.0M | $1.3B |
| Electric Distribution Contracts | $929.0M | $1.8B | $1.2B | — |
| Gas Distribution Contracts | $840.0M | $161.0M | $317.0M | $1.1B |
| Other | $71.0M | — | $99.0M | $245.0M |
Public Service Enterprise Group Annual Revenue by Year
Public Service Enterprise Group annual revenue history includes year-by-year totals (for example, 2025 revenue was $12.2B). Click any linked year to see what changed vs the prior annual report.
Public Service Enterprise Group Quarterly Revenue & Net Profit History
Public Service Enterprise Group results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $2.9B | +18.3% | $315.0M | 10.8% |
| Q3 2025 | $3.2B | +22.1% | $622.0M | 19.3% |
| Q2 2025 | $2.8B | +15.8% | $585.0M | 20.9% |
| Q1 2025 | $3.2B | +16.7% | $589.0M | 18.3% |
| Q4 2024 | $2.5B | -5.4% | $286.0M | 11.6% |
| Q3 2024 | $2.6B | +7.6% | $520.0M | 19.7% |
| Q2 2024 | $2.4B | +0.1% | $434.0M | 17.9% |
| Q1 2024 | $2.8B | -26.5% | $532.0M | 19.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.76B | $2.42B | $2.64B | $2.46B | $3.22B | $2.81B | $3.23B | $2.92B |
| YoY Growth | -26.5% | 0.1% | 7.6% | -5.4% | 16.7% | 15.8% | 22.1% | 18.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $52.39B | $52.38B | $54.08B | $54.64B | $55.58B | $56.02B | $56.91B | $57.58B |
| Liabilities | $36.67B | $36.56B | $37.98B | $38.53B | $39.20B | $39.35B | $39.90B | $40.59B |
| Equity | $15.72B | $15.82B | $16.09B | $16.11B | $16.37B | $16.67B | $17.01B | $16.98B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $661.0M | $482.0M | $623.0M | $367.0M | $1.05B | $478.0M | $1.05B | $721.0M |