Q2 FY26 · Ended Jun 30, 2026 · View SEC filing
Profit surged on a network that barely sold more
Weather-adjusted electric volume rose just 0.9%: earnings follow the approved rate base, not how much energy customers use.
For investorsWhat the next New York rate cases mean for earnings growth
For foundersSelling a network, not a commodity
Most of it is property tax that rate plans recover from customers, so it shapes bills more than profit.
Purchased power rose to $837M and was billed at cost, so 13.2% revenue growth says little about how the business grew.
Net income for common stock rose less than half as fast as operating income, as pension credits fell and income tax doubled.
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Business Lens describes Consolidated Edison from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
