Investor Relations: Sam Ramraj, (626) 302-2540
Media Relations: (626) 302-2255
[email protected]
- Second-quarter 2026 GAAP EPS of $1.39; core EPS of $1.54
- Strong start to the first half of 2026 reinforces confidence in the full-year outlook
- Continued wildfire mitigation execution and progress on Wildfire Recovery Compensation Program
- Reaffirmed 2026 core EPS guidance of $5.90–6.20
- Continued confidence in delivering 5–7% core EPS growth from 2025 to 2030
ROSEMEAD, Calif., July 30, 2026 — Edison International (NYSE: EIX) today reported second-quarter net income of $534 million, or $1.39 per share, compared to net income of $343 million, or $0.89 per share, in the second quarter of last year. As adjusted, second-quarter core earnings were $592 million, or $1.54 per share, compared to core earnings of $374 million, or $0.97 per share, in the second quarter of last year.
Southern California Edison’s second-quarter 2026 core earnings per share (EPS) increased year over year, primarily due to the adoption of the 2025 GRC final decision in the third quarter of 2025.
Edison International Parent and Other’s second-quarter 2026 core loss per share decreased year over year, primarily due to lower preferred stock dividends, partially offset by higher interest expense.
“Edison International’s strong start to the first half of 2026 reinforces our confidence in our full-year outlook,” said Pedro J. Pizarro, president and CEO of Edison International. “We remain focused on making communities safer and more resilient through wildfire mitigation and on supporting a reliable, affordable and clean energy future.”
Pizarro added, “SCE is continuing to sharpen how it prioritizes wildfire mitigation. The utility’s approach is increasingly location-specific, consequence-informed and adaptive. Using better data, advanced wildfire modeling and climate-informed analysis, we are directing mitigation to areas where it can provide the greatest safety benefit while maintaining a focus on affordability for customers.”
Edison International uses core earnings internally for financial planning and analysis of performance. Core earnings are also used when communicating with investors and analysts regarding Edison International’s earnings results to facilitate comparisons of the company’s performance from period to period. Please see the attached tables to reconcile core earnings to basic GAAP earnings.
2026 Earnings Guidance
The company reaffirmed its earnings guidance range for 2026, as summarized in the following table. See the presentation accompanying the company’s conference call for further information and assumptions.
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2026 Earnings Guidance
as of Apr. 28, 2026
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2026 Earnings Guidance
as of July 30, 2026
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|---|---|---|---|---|
| Low | High | Low | High | |
| EIX Basic EPS | $5.86 | $6.16 | $5.70 | $6.00 |
| Less: Non-core Items* | (0.04) | (0.04) | (0.20) | (0.20) |
| EIX Core EPS | $5.86 | $6.20 | $5.90 | $6.20 |
*There were ($77) million, or ($0.20) per share, of non-core items recorded for the six months ended June 30, 2026. Basic EPS guidance only incorporates non-core items until June 30, 2026.
Second Quarter 2026 Earnings Conference Call and Webcast Details
| When: | Thursday, July 30, 1:30-2:30 p.m. (PDT) |
| Telephone Numbers: | 1-888-673-9780 (U.S.) and 1-312-470-0178 (Int'l) — Passcode: Edison |
| Telephone Replay: |
1-800-685-6667 (U.S.) and 1-203-369-3864 (Int’l) — Passcode: 1844
Telephone replay available through Aug. 13 at 6 p.m. (PDT)
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| Webcast: | edisoninvestor.com |
Edison International has posted its earnings conference call prepared remarks by the CEO and CFO, the teleconference presentation, and Form 10-Q on the company’s investor relations website. These materials are available at edisoninvestor.com.
About Edison International
Edison International (NYSE: EIX) is one of the nation’s largest electric utility holding companies, focused on providing clean, reliable energy and energy services. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison, a utility delivering electricity to 15 million people across Southern, Central and Coastal California.