PG&E Corporation (PCG) Q4 2025 Earnings Call Transcript

Operator

Good morning, ladies and gentlemen, and thank you for standing by. My name is Kelvin, and I will be your conference operator today. At this time, I would like to welcome everyone to the PG&E Corporation Fourth Quarter 2025 Earnings Release. [Operator Instructions] I would now like to turn the call over to Jonathan Arnold, Vice President of Investor Relations. Please go ahead.

Jonathan Arnold
Vice President of Investor Relations

Good morning, everyone, and thank you for joining us for PG&E’s Fourth Quarter and Year-end 2025 Earnings Call. With us today are Patti Poppe, Chief Executive Officer; and Carolyn Burke, Executive Vice President and Chief Financial Officer. We also have other members of the leadership team here with us in our Oakland headquarters. First, I should remind you that today’s discussion will include forward-looking statements about our outlook for future financial results. These statements are based on information currently available to management. Some of the important factors which could affect our actual financial results are described on the second page of today’s earnings presentation.

The presentation also includes a reconciliation between non-GAAP and GAAP financial measures. The slides, along with other relevant information, can be found online at investor.pgecorp.com. We’d also encourage you to review our annual report on Form 10-K for the year ended December 31, 2025. With that, it’s my pleasure to