Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Last year's quarter was the outlier, not this one
The margin sits above the same quarter two years earlier, so the drop mostly reflects last year's retroactive rate catch-up.
For investorsWhat Edison's earnings depend on once the rate case catch-up is gone
For foundersGrowing a business where regulatory approval is the sales process
Interest rose 11.7% while operating income fell 31.6%, though the filing ties most of the rise to customer-repaid wildfire bonds.
Pretax income fell 48.5% but net income only 13.0%, because flow-through tax benefits cut revenue and tax together.
Self-insurance and the state Wildfire Fund absorb Eaton Fire claims, so this line tracks the recovery structure, not the losses.
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Business Lens describes Edison International 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.