NYSE$POR

Portland General Electric Company · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Portland General Electric reported Q1 2026 total revenues of $879M and net income of $45M, with diluted EPS of $0.38.

For the quarter ended March 31, 2026, PGE posted total revenues of $879 million, down from $928 million, as retail energy deliveries shifted with warmer winter weather and customer-class mix. Net income fell to $45 million, or $0.38 per diluted share, from $100 million, reflecting $17 million of business-transformation expense and $15 million of charges tied to OPUC storm and deferral orders. Income from operations was $107 million.

  • Total revenues $879M; income from operations $107M.
  • Net income $45M vs $100M prior year; diluted EPS $0.38.
  • Retail load mix and rate-case outcomes discussed in MD&A.
  • Storm-related regulatory charges and transformation costs weighed on earnings.

Headline financials

Total Revenue

$879M

Previous: $928M-5.3%
EPS (adj)

$0.38

Previous: $0.91-58.2%
Capital Expenditures

-$259M

Previous: -$359M+27.9%
Net Income

$45M

Previous: $100M-55.0%
Operating Income

$107M

Previous: $168M-36.3%

Revenue & EPS history

PGE · Revenue · Quarterly

$879M

Q1 2026-5.3%vs Q1 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

PGE · $1.81B total across 3 segments · Q3 2023

  • Residential
    $942M+12.0%
  • Commercial
    $606M+12.2%
  • Industrial
    $258M+19.4%

Forward guidance

The 10-Q does not provide numeric consolidated annual EPS guidance for POR. Management commentary in MD&A covers costs, capital, and sector-specific risks.

Tailwinds

  • Management discusses operational priorities and liquidity in the quarterly filing.
  • Segment or product trends are disclosed where applicable to the business model.

Headwinds

  • Macro, input-cost, and interest-rate exposure can affect near-term results.
  • One-time items, impairments, or fair-value marks may distort quarterly comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.1%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+0.5%

Avg return

30 days after

51%

35 / 68 earnings

Positive

+5.4%

Q4 2022

Best reaction

-8.8%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-6.0%-3.5%
Q4 2025-2.6%-2.9%-3.2%
Q3 2025+2.5%+3.9%+11.0%
Q1 2025-3.8%-2.0%-2.3%
Q4 2024-1.1%+2.9%+6.6%
Q3 2024-0.2%-2.7%-2.5%
Q2 2024-2.3%-1.0%-0.3%
Q1 2024+0.3%+1.5%+1.1%
Q4 2023+0.4%+1.6%+0.7%
Q3 2023-3.1%+0.4%+1.7%
Q2 2023-0.4%-0.3%-8.3%
Q1 2023-1.5%-2.3%-5.6%
Q4 2022+5.4%+2.9%+2.2%
Q3 2022+1.9%+3.9%+10.1%
Q2 2022+1.8%+1.6%+4.2%
Q1 2022-8.3%-10.2%-5.7%
Q4 2021-1.3%-2.2%+6.7%
Q3 2021+3.4%+2.7%+2.1%
Q2 2021+1.5%+0.8%+3.2%
Q1 2021+0.4%-1.1%-4.6%
Q4 2020+0.6%+3.2%+13.7%
Q3 2020-0.1%+2.2%+7.5%
Q2 2020-4.5%-6.0%-13.5%
Q1 2020-4.4%-0.7%-11.3%
Q4 2019+0.0%-0.2%-21.7%
Q3 2019-0.4%-1.9%-2.4%
Q2 2019-2.0%-0.7%+2.7%
Q1 2019+0.5%+1.2%+4.2%
Q4 2018+0.1%+1.5%+7.1%
Q3 2018-1.4%-1.8%+3.2%
Q2 2018-0.8%-1.3%+2.8%
Q1 2018+2.6%+1.7%+1.2%
Q4 2017-1.8%-2.4%-2.2%
Q3 2017+3.4%+2.9%+5.7%
Q2 2017-1.6%-1.3%+3.8%
Q1 2017-2.9%-4.0%+1.2%
Q4 2016+1.1%+1.2%+4.1%
Q3 2016+4.3%+1.2%+1.6%
Q2 2016-0.0%-1.6%-2.6%
Q1 2016+4.2%
Q4 2015-3.0%
Q3 2015-3.1%
Q2 2015+3.9%
Q1 2015-2.7%
Q4 2014-2.2%
Q3 2014+0.4%
Q2 2014-0.9%
Q1 2014+1.3%
Q4 2013+3.6%
Q3 2013+3.8%
Q2 2013-2.7%
Q1 2013+0.2%
Q4 2012+0.7%
Q3 2012-2.4%
Q2 2012-0.6%
Q1 2012-2.9%
Q4 2011+0.0%
Q3 2011+1.3%
Q2 2011-8.8%
Q1 2010+0.2%
Q1 2011+1.3%
Q4 2008+3.7%
Q4 2010+3.7%
Q3 2009+1.2%
Q3 2010+1.2%
Q4 2009+1.9%
Q2 2010+1.9%
Q2 2009+1.9%

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