Public Service Enterprise Q1 FY26: 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
- Jan 1 – Mar 31, 2026
- Reported
- May 5, 2026
Revenue$3.8B
+19% year over year
Gross profit$2.3B
61% margin
Operating profit$1.1B
28% margin
Net profit$0.7B
19% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Segment revenue | 4.5 | 117% | |
| Public service electric | 3.1 | 80% | |
| PSEG power & other | 1.4 | 37% | |
| Eliminations | −0.7 | −17% | |
| Net revenue | 3.8 | 100% | +19% |
| Cost of revenue | −1.5 | 39% | |
| Gross profit | 2.3 | 61% margin | −2pp |
| Operating expenses | −1.3 | 33% | +0pp |
| Operating profit | 1.1 | 28% margin | +3pp |
| Interest & other costs | −0.2 | ||
| Tax | −0.1 | ||
| Net profit | 0.7 | 19% margin | +1pp |
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