Edison International announces financial results for Q4 and full-year 2025.

Edison International announced its financial results for the fourth quarter and full year of 2025. The company reported a fourth-quarter net income of $1,848 million, with a GAAP EPS of $4.80. Core earnings for the same period were $717 million, equivalent to $1.86 per share. Comparatively, in the fourth quarter of the previous year, the net income was $340 million, or $0.88 per share, showcasing a notable increase in performance.

Southern California Edison’s core earnings per share for the fourth quarter of 2025 showed a positive growth trend, attributed to interest expense benefits related to cost recoveries authorized under the Woolsey Settlement Agreement, and revenue generated from the 2025 GRC final decision. However, Edison International Parent and Other revealed a core loss per share in the fourth quarter, driven mainly by a loss on preferred stock redemption due to the recognition of original issuance costs.

Pedro J. Pizarro, Edison International’s president and CEO, expressed satisfaction with the progress made in advancing towards a more secure, resilient, and cost-effective energy system for customers. He highlighted SCE’s efforts in wildfire mitigation, with over 7,000 miles of covered conductor installed in high-risk fire areas, showing a significant grid hardening effort. Pizarro emphasized the role of this work in reducing ignition risks and enhancing reliability for the served communities. Additionally, support for wildfire-impacted communities through SCE’s Wildfire Recovery Compensation Program was acknowledged for its efforts in enabling customer recovery.

Moreover, focusing on customer-centric values, Pizarro noted SCE’s rate decreases for residential and small to medium-sized business customers. Commencing from the position of having the lowest system average rate among major investor-owned utilities in California, these rate adjustments aim to promote customer affordability and accessibility to essential energy services.

For the 2025 full year, Edison International’s net income reached $4,459 million, reflecting an EPS of $11.58. Core earnings for the same period were $2,520 million, equivalent to $6.55 per share. These figures are notably higher compared to the results from the previous year, indicating a positive growth trajectory.

Looking ahead, Edison International introduced the earnings guidance ranges for 2026 and 2027, foreseeing a core EPS guidance range of $5.90-6.20 for 2026 and $6.25-6.65 for 2027. The company aims to provide clear visibility into multi-year targets based on recent regulatory decisions.

In conclusion, Edison International and Southern California Edison declared dividends for shareholders in recognition of their continued support and investment in the company. The commitment to safety, reliability, and affordability remains at the forefront of the company’s core values, as demonstrated by its financial performance and ongoing initiatives to meet the evolving needs of customers and communities.