CONSOLIDATED EDISON INC (ED) Form 10-Q — Aug 6, 2026
Con Edison reported second quarter 2026 net income of $308 million, or $0.83 per share, up from $246 million, or $0.68, a year earlier, on operating revenues of $4.07 billion versus $3.60 billion. Six-month EPS reached $3.37, including a $0.37 per share after-tax gain from selling its approximately 6.6 percent stake in Mountain Valley Pipeline for $357.5 million. CECONY drove most of the growth, with higher electric and gas rate base and rate-plan revenues lifting electric operating income $113 million and gas operating income $86 million year over year, while O&R results and a RECO rate increase (9.6% ROE, effective July 2026) added modestly.
Key figures
- Eps
- 0.83
- Revenue
- 4069000000
- Net Income
- 308000000
- Total Debt
- 27093000000
- Revenue Yoy
- 13.2%
- Total Assets
- 76459000000
- Cash Position
- 1470000000
- Shares Outstanding
- 370000000
- Atm Program Size
- 2000000000
- Prior Year Q2 Eps
- 0.68
- Mvp Gain After Tax
- 134000000
- Mvp Sale Proceeds
- 357500000
- Six Month Revenue
- 9164000000
- Six Month Net Income
- 1232000000
- Six Month Eps Diluted
- 3.36
- Atm Remaining Capacity
- 1800000000
- Debentures Due2036 Rate
- 5.15%
- Debentures Due2056 Rate
- 5.875%
- Utility Capex Six Months
- 2473000000
- Reco Approved Rate Increase
- 15250000
- Effective Tax Rate Six Months
- 24.7%
- Quarterly Dividend Per Share
- 0.89
- Operating Cash Flow Six Months
- 1971000000
- Steam Rate Increase Requested
- 66000000
- Cecony Debentures Issued June2026
- 1300000000
Price after filing
Close on the filing date to close N calendar days later (from $108.41). Historical, not a forecast.
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