Edison International (EIX) Q3 2026 earnings summary

Executive summary

• Q3 2026 GAAP EPS was $1.88 and Core EPS was $1.92; 2026 Core EPS guidance was reaffirmed at $5.90–$6.20.

• Durable wildfire reform remains a priority to support financing predictability, customer affordability and planned grid investment.

Financial highlights

• Q3 Core EPS was $1.92 vs. $2.34; the 2025 quarter included a $0.55 true-up from the SCE GRC final decision.

• 9M Core EPS was $4.89 vs. $4.68; net income available to common shareholders was $1.789B vs. $2.611B, with 2025 results including substantial wildfire recovery benefits.

• Q3 revenue was $4.886B vs. $5.750B, operating income was $980M vs. $1.432B, and diluted EPS was $1.87 vs. $2.16.

Outlook and guidance

• 2026 Core EPS guidance was reaffirmed at $5.90–$6.20, with a bias toward the midpoint; 2027 guidance is $6.25–$6.65 and 2028 guidance is $6.74–$7.14.

• Core EPS growth target remains 5%–7% annually through 2030; projected 2030 EPS is $7.45–$8.20 from a $5.84 2025 starting point.

• 2026–2030 capital expenditure forecast is $37.5B–$40.6B, with ~7% rate-base growth from 2025 to 2030.