sre: the income statement

MyFinsight

For the quarter ending 2025-09-30, SRE made $3,689M in revenue. $77M in net income. Net profit margin of 2.09%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Natural gas	1,363	1,470	2,362	1,195
Electric	1,260	1,031	1,059	1,069
Energy-related businesses	528	499	381	512
Total revenues	3,151	3,000	3,802	2,776
Operating expenses-Natural Gas Us Regulated	210	183	493	99
Operating expenses-Electricity Us Regulated	122	91	52	-18
Operating expenses-Natural Gasand Electricity USRegulated	117	85	119	134
Operation and maintenance	1,349	1,239	1,343	1,326
Depreciation and amortization	662	653	640	614
Franchise fees and other taxes	194	165	196	175
Other income, net	49	59	91	65
Interest income	17	14	34	17
Interest expense	403	359	433	328
Income before income taxes and equity earnings	160	298	651	200
Income tax (expense) benefit	482	172	57	-105
Equity earnings	472	393	325	454
Net income	150	519	919	759
Earnings attributable to noncontrolling interests	55	46	2	110
Preferred deemed dividends	11	-	-	-
Preferred dividends	7	11	11	11
Preferred dividends of subsidiary	0	1	-	0
Earnings attributable to common shares	77	461	906	638

Earnings (in dollars per share)	0.12	0.71	1.39	1.01
Earnings (in dollars per share)	0.12	0.71	1.39	1
Weighted-average common shares outstanding (in shares)	652,948,000	652,664,000	651,992,000	633,752,000
Weighted-average common shares outstanding (in shares)	654,009,000	653,224,000	653,018,000	638,061,000