AI English summary of an SEC filing — figures as filed
Public Service Enterprise Group reported net income of $585 million ($1.17 per share) and non-GAAP Operating Earnings of $384 million ($0.77 per share) for Q2 2025. For Q2 2024, net income was $434 million ($0.87 per share) and non-GAAP Operating Earnings were $313 million ($0.63 per share).
Key points
AI summaryPublic Service Enterprise Group reported net income of $585 million ($1.17 per share) and non-GAAP Operating Earnings of $384 million ($0.77 per share) for Q2 2025. For Q2 2024, net income was $434 million ($0.87 per share) and non-GAAP Operating Earnings were $313 million ($0.63 per share).
The company maintained its full-year 2025 non-GAAP Operating Earnings guidance of $3.94 to $4.06 per share. It said the midpoint of this guidance is 9% compared with 2024 results.
The company disclosed that PSE&G's net income and non-GAAP Operating Earnings for Q2 were $332 million (compared with $302 million in the year-ago quarter), and PSEG Power & Other's net income was $253 million (compared with $132 million in the year-ago quarter). PSEG Power & Other's non-GAAP Operating Earnings were $52 million (compared with $11 million in the year-ago quarter).
The company disclosed that net cash provided by operating activities for the 6 months ended June 30, 2025 was $1,527 million (compared with $1,143 million in the year-ago period). For the same period, net cash used in investing activities was $(1,388) million and net cash used in financing activities was $(78) million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 Net Income $585 million, Non-GAAP Operating Earnings $384 million
Public Service Enterprise Group reported net income of $585 million ($1.17 per share) and non-GAAP Operating Earnings of $384 million ($0.77 per share) for Q2 2025. For Q2 2024, net income was $434 million ($0.87 per share) and non-GAAP Operating Earnings were $313 million ($0.63 per share).
Source · Based on the filing body and exhibits
Full-Year Non-GAAP Operating Earnings Guidance $3.94 to $4.06 Maintained
The company maintained its full-year 2025 non-GAAP Operating Earnings guidance of $3.94 to $4.06 per share. It said the midpoint of this guidance is 9% compared with 2024 results.
Source · Based on the filing body and exhibits
Q2 PSE&G and PSEG Power & Other Segment Results
The company disclosed that PSE&G's net income and non-GAAP Operating Earnings for Q2 were $332 million (compared with $302 million in the year-ago quarter), and PSEG Power & Other's net income was $253 million (compared with $132 million in the year-ago quarter). PSEG Power & Other's non-GAAP Operating Earnings were $52 million (compared with $11 million in the year-ago quarter).
Source · Based on the filing body and exhibits
6-Month Operating Cash Flow $1,527 million
The company disclosed that net cash provided by operating activities for the 6 months ended June 30, 2025 was $1,527 million (compared with $1,143 million in the year-ago period). For the same period, net cash used in investing activities was $(1,388) million and net cash used in financing activities was $(78) million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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