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Friday 6 November 2026 Export ED’s income statement to Excel — free account

Consolidated Edison Inc

ED Utilities Utilities Regulated Electric

Consolidated Edison Inc’s revenue for fiscal 2025 (year ended December 2025) was $16.9 billion, up 10.9% from fiscal 2024.

Revenue
+8.45%
EPS
+8.38%
Free cash flow
+238.0%
Total debt
+4.82%

Quarter to September 2026, against a year earlier

121.41 1.11 +0.92%
Market cap
$44.8B
P/E
19.4×
Fwd P/E
18.2×
Dividend yield
2.89%
F-score
6/9
Altman Z
1.06
Beneish M
−2.63
Dividend safety
47/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Consolidated Edison Inc (ED) Earnings & Analysis

Updated · Covers results through Q2 FY2026 · How this is made

Latest quarter

Con Edison reported Q2 FY2026 revenue of $4.1 billion, above the $3.7 billion consensus. Adjusted earnings per share were $0.83, compared with the consensus estimate of $0.74.

Revenue rose from $3.6 billion a year earlier, while diluted earnings per share increased to $0.83 from $0.68. Con Edison earns utility revenue primarily from regulated delivery services, including electricity and gas delivered to customers who choose other suppliers.

Gross margin declined to 74.2% from 76.4% a year earlier. Operating margin, which reflects operating expenses as well as revenue, rose to 13.6% from 9.87%.

The company reported free cash flow of $394.0 million for the quarter, down from $569.0 million in Q2 FY2025. Con Edison also operates a steam business in parts of Manhattan and invests in electric transmission projects.

Q2 FY2026 Q2 FY2025 Change
Revenue $4.1 billion $3.6 billion 13.2%
Diluted EPS $0.83 $0.68 22.1%
Gross margin 74.2% 76.4% −2.2 percentage points
Operating margin 13.6% 9.87% 3.7 percentage points
Free cash flow $394.0 million $569.0 million −30.8%
Against the consensus Reported Consensus Result
Adjusted EPS $0.83 $0.74 Beat by 12.2%
Revenue $4.1 billion $3.7 billion Beat by 8.66%

Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.

What management said on the call

An earnings call was not available for this period. In its filing, Con Edison said its utilities were using flexible payment arrangements and targeted communications as part of efforts to reduce aged receivables.

Guidance

CECONY updated its forecast for average annual firm peak gas demand from an increase to a decrease. O&R lowered its forecast for average annual summer peak electric demand growth, citing a reduced outlook for electric vehicle adoption and fewer large-load interconnection requests.

Metric For Guide Previous guide Change
EPS, non-GAAP FY2026 $6.00–$6.20 — New

This page is for information only. It is not investment advice, a recommendation or an offer to buy or sell any security. Figures come from the sources listed above and may contain errors; verify against the company's filings.