Public Service Enterprise Q2 FY25: where the revenue came from and where it went
The whole income statement of Public Service Enterprise for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 5, 2025
Revenue$2.81B
+16% year over year
Gross profit$1.98B
71% margin
Operating profit$0.82B
29% margin
Net profit$0.59B
21% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Segment revenue | 2.95 | 105% | |
| Electric distribution | 1.17 | 42% | |
| PSEG power & other | 0.92 | 33% | |
| Gas distribution | 0.32 | 11% | |
| Electricity | 0.30 | 11% | |
| Other with customers | 0.18 | 6% | |
| Gas sales | 0.04 | 2% | |
| Other | 0.01 | 0% | |
| Eliminations | −0.15 | −5% | |
| Net revenue | 2.81 | 100% | +16% |
| Cost of revenue | −0.83 | 29% | |
| Gross profit | 1.98 | 71% margin | +1pp |
| Operating expenses | −1.16 | 41% | |
| Operating profit | 0.82 | 29% margin | +5pp |
| Interest & other costs | −0.09 | ||
| Tax | −0.14 | ||
| Net profit | 0.59 | 21% margin | +3pp |
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