News Releases

• Third-quarter 2026 GAAP EPS of $1.88; core EPS of $1.92
• SCE has hardened approximately 90% of its distribution system in high fire risk areas and continues targeted investment to reduce remaining risk
• Durable wildfire reform that includes a clear liquidity source and a true shareholder liability cap not connected to the Wildfire Fund remains a priority
• Reaffirmed 2026 core EPS guidance of $5.90 to $6.20
• Continued confidence in delivering 5% to 7% core EPS growth from 2025 to 2030

ROSEMEAD, Calif., Oct. 29, 2026 — Edison International (NYSE: EIX) today reported third-quarter net income of $724 million, or $1.88 per share, compared to net income of $832 million, or $2.16 per share, in the third quarter of last year. As adjusted, third-quarter core earnings were $738 million, or $1.92 per share, compared to core earnings of $901 million, or $2.34 per share, in the third quarter of last year.

Southern California Edison’s third-quarter 2026 core earnings per share (EPS) decreased year over year, primarily due to earnings recognized in the third quarter of 2025 upon implementation of the 2025 GRC final decision, which was retroactive to Jan. 1, 2025, partially offset by higher revenue resulting from the escalation mechanism authorized in the 2025 GRC final decision.

Edison International Parent and Other’s third-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 posted another quarter of strong operational performance, with a focus on community safety and customer affordability,” said Pedro J. Pizarro, president and CEO of Edison International. “We continue advancing our efforts toward outcomes that serve customers, communities, and capital providers.”

Pizarro added, “California needs lasting wildfire reform to help protect customer affordability and support investment in a safer, more reliable grid. We are working with stakeholders toward a long-term solution that will enable the needed investments at a reasonable cost of capital.”

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.

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.

*There were ($91) million, or ($0.24) per share, of non-core items recorded for the nine months ended Sept. 30, 2026. Basic EPS guidance incorporates only non-core items recorded through Sept. 30, 2026.

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.

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.