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Revenue by Segment
Breaks down revenue based on different business units or services, highlighting which areas drive growth and profitability, and where the company might focus its strategic efforts.Core contract revenue is steady and seasonally lumpy—reflecting rate‑base growth and billing cycles—while the Alternative Revenue line is the real source of quarter‑to‑quarter noise, swinging from large positive recoveries to deep negative true‑ups tied to regulatory rulings, wildfire programs and claim settlements. Management’s recent regulatory wins and capital‑plan visibility should tame some volatility, but Eaton/WRCP exposure and legislative uncertainty mean alternative revenue can still meaningfully distort near‑term earnings despite stable underlying utility economics.
Date | Revenue From Contracts with Customer | Alternative Revenue Program and Other |
|---|---|---|
Jun 30, 2026 | $4.60B | -$252.00M |
Mar 31, 2026 | $4.05B | $46.00M |
Dec 31, 2025 | $4.25B | $955.00M |
Sep 30, 2025 | $5.84B | -$103.00M |
Jun 30, 2025 | $4.15B | $379.00M |
Mar 31, 2025 | $3.77B | $33.00M |
Dec 31, 2024 | $3.96B | $10.00M |
Sep 30, 2024 | $6.56B | -$1.38B |
Jun 30, 2024 | $4.10B | $223.00M |
Mar 31, 2024 | $3.77B | $294.00M |