Public Service Enterprise Group (PEG) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was substantial, while the year-over-year gain was also notable.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was substantial, while the year-over-year gain was also notable.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+30.7%
Change from the immediately preceding quarter.
Year-over-year
+16.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.8B
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 | $2.4B | +0.1% |
| Sep 30, 2024 | $2.6B | +7.6% |
| Dec 31, 2024 | $2.5B | -5.4% |
| Mar 31, 2025 | $3.2B | +16.7% |
Revenue performance
The reported revenue moved higher, reflecting a strong performance for the period. The upward trajectory continued from the prior quarter's level.
Quarterly comparison
Sequentially, revenue rose from the prior quarter's figure. On an annual basis, revenue was higher than the same quarter last year.
What to watch
Monitor whether the revenue growth rate can be sustained in the coming quarters given the recent volatility in quarterly figures.