PG&E (PCG) Revenue — Quarter Ended Mar 31, 2025
PG&E reported a decline in revenue compared to the prior quarter, while revenue rose relative to the same period last year. The quarterly performance reflects a sequential downturn amid a year-over-year improvement.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
PG&E reported a decline in revenue compared to the prior quarter, while revenue rose relative to the same period last year. The quarterly performance reflects a sequential downturn amid a year-over-year improvement.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
-9.8%
Change from the immediately preceding quarter.
Year-over-year
+2.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $6B | +13.2% |
| Sep 30, 2024 | $5.9B | +0.9% |
| Dec 31, 2024 | $6.6B | -5.8% |
| Mar 31, 2025 | $6B | +2.1% |
Revenue performance
Revenue contracted sequentially from the immediately preceding quarter, indicating a near-term softening. On a year-over-year basis, however, revenue expanded, underscuring underlying growth.
Quarterly comparison
Compared with the prior quarter, revenue decreased. In contrast, revenue was higher when compared with the same quarter one year ago.
What to watch
Monitor whether revenue can sustain its year-over-year positive trajectory in coming quarters.