PG&E Corporation Financial Statements FY2024-FY2026Q3

PG&E Corporation (PCG) Financial Statements in Beancount — Open Ledger

PG&E's income statement and balance sheet, FY2024 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 10-Q filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/pge

Latest analysis: PG&E Q3 2026 Earnings: Core EPS Falls 18% to $0.41 as 2027 Capex Is Cut $2B

Key Figures

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

PG&E Corporation (NYSE: PCG, SEC CIK 1004980) is the Oakland-based holding company for Pacific Gas and Electric Company, the regulated utility serving 16 million Californians across Northern and Central California; fiscal years end December 31. The chart extends the house accounts for utility captions — procurement costs, plant O&M, regulatory balancing accounts, Wildfire Fund and wildfire self-insurance assets, and the Diablo Canyon nuclear decommissioning trusts — while the Utility subsidiary's preferred stock sits in Equity:NoncontrollingInterests and the 2024 mandatory convertible preferred in Equity:PreferredStock. History starts at FY2024: the ledger covers the two latest audited annuals plus the current quarter.

Quick Start

uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"

Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.

Methodology

• Balance sheet — pad / balance directives assert each period-end
  figure against the filing named in that period file's source banner.
• Income statement — one zero-sum transaction per period: Income
  negative (credit), Expenses positive (debit), with the arithmetic check in
  a comment directly above it.
• Unit — MUSD; 6,188 MUSD means 6,188 million US dollars.
• Additional accounts — Assets:Current:Inventory,
  Assets:NonCurrent:LongTermInvestments, Equity:PreferredStock,
  Equity:NoncontrollingInterests, Expenses:OperationsAndMaintenance,
  Expenses:DepreciationAndAmortization, Expenses:Interest, opened beyond the
  standard chart (see each account's open line in main.bean).
• Net income and preferred dividends — the transaction offset is
  consolidated Net Income; the subsidiary preferred stock dividend requirement
  below it on the face is a distribution, not an expense, and lives in comments.
• Wildfire lines — SB 901 securitization charges, wildfire-related claims
  net of recoveries, and Wildfire Fund expense post as labeled Income:OtherNet
  lines (claims print nil in FY2026Q3).
• Tax benefit — "Income tax benefit" prints as a credit every period
  (deferred tax credits exceed the current provision) and posts negative on
  Expenses:IncomeTax.

Analysis

• PG&E Q3 2026 Earnings: Core EPS Falls 18% to $0.41 as 2027 Capex Is Cut $2B — FY2026Q3

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of PG&E Corporation's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by PG&E Corporation; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.