PGE Reports Q3 Net Income of $103 Million

Reuters10-31

PGE Reports Q3 Net Income of $103 Million

Portland General Electric Company reported third quarter 2025 GAAP earnings of $0.94 per diluted share and non-GAAP earnings of $1.00 per diluted share. Net income on a GAAP basis was $103 million for the quarter, compared to $94 million, or $0.90 per diluted share, in the third quarter of 2024. Non-GAAP net income for the third quarter of 2025 was $110 million. The company highlighted continued demand growth from data center customers, resulting in a 13% quarter-over-quarter increase in industrial load. PGE reaffirmed its full-year 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share, based on expectations of energy deliveries increasing between 3.5% and 4.5%, execution of cost and financing plans, and normal operating conditions. The average construction work in progress balance for the quarter was $575 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PGE - Portland General Electric Company published the original content used to generate this news brief via PR Newswire (Ref. ID: SF11898) on October 31, 2025, and is solely responsible for the information contained therein.

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