Pg&E annual free cash flow
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Pg&E Free Cash Flow (FCF) History (PCG)
Pg&E reported −$3.07B in free cash flow for fiscal 2025, a decrease of $737.0M from the previous fiscal year, with a free cash flow margin of −12.32%.
View full Pg&E company overviewPg&E free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$3.07B | −$737.0M | — | −12.32% |
| 2024 | 2024-12-31 | −$2.33B | $2.63B | — | −9.56% |
| 2023 | 2023-12-31 | −$4.97B | $896.0M | — | −20.33% |
| 2022 | 2022-12-31 | −$5.86B | −$436.0M | — | −27.04% |
| 2021 | 2021-12-31 | −$5.43B | $21.39B | — | −26.29% |
| 2020 | 2020-12-31 | −$26.82B | −$25.32B | — | −145.22% |
| 2019 | 2019-12-31 | −$1.50B | $265.0M | — | −8.74% |
| 2018 | 2018-12-31 | −$1.76B | −$2.10B | — | −10.51% |
| 2017 | 2017-12-31 | $336.0M | $1.64B | — | +1.96% |
| 2016 | 2016-12-31 | −$1.30B | $93.0M | — | −7.36% |
| 2015 | 2015-12-31 | −$1.39B | −$250.0M | — | −8.28% |
| 2014 | 2014-12-31 | −$1.14B | $637.0M | — | −6.69% |
| 2013 | 2013-12-31 | −$1.78B | −$2.04B | — | −11.41% |
| 2012 | 2012-12-31 | $258.0M | $557.0M | — | +1.72% |
| 2011 | 2011-12-31 | −$299.0M | $297.0M | — | −2.00% |
| 2010 | 2010-12-31 | −$596.0M | $323.0M | — | −4.31% |
| 2009 | 2009-12-31 | −$919.0M | −$54.0M | — | −6.86% |
| 2008 | 2008-12-31 | −$865.0M | −$656.0M | — | −5.91% |
| 2007 | 2007-12-31 | −$209.0M | — | — | −1.58% |
Pg&E quarterly free cash flow
Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
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Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
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Q4.12
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Q2.13
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Q4.14
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Q3.18
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Q4.22
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Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$2.06B | −$53.0M | — | −34.92% |
| Q1 2026 | 2026-03-31 | −$926.0M | −$1.14B | — | −13.46% |
| Q4 2025 | 2025-12-31 | −$1.20B | −$300.0M | — | −17.58% |
| Q3 2025 | 2025-09-30 | −$80.0M | −$606.0M | — | −1.28% |
| Q2 2025 | 2025-06-30 | −$2.01B | −$421.0M | — | −34.05% |
| Q1 2025 | 2025-03-31 | $213.0M | $590.0M | — | +3.56% |
| Q4 2024 | 2024-12-31 | −$896.0M | $1.24B | — | −13.51% |
| Q3 2024 | 2024-09-30 | $526.0M | $1.14B | — | +8.85% |
| Q2 2024 | 2024-06-30 | −$1.59B | −$470.0M | — | −26.51% |
| Q1 2024 | 2024-03-31 | −$377.0M | $726.0M | — | −6.43% |
| Q4 2023 | 2023-12-31 | −$2.14B | −$972.0M | — | −30.34% |
| Q3 2023 | 2023-09-30 | −$611.0M | $1.19B | — | −10.38% |
| Q2 2023 | 2023-06-30 | −$1.12B | $1.13B | — | −21.12% |
| Q1 2023 | 2023-03-31 | −$1.10B | −$454.0M | — | −17.76% |
| Q4 2022 | 2022-12-31 | −$1.16B | $848.0M | — | −21.68% |
| Q3 2022 | 2022-09-30 | −$1.80B | −$774.0M | — | −33.35% |
| Q2 2022 | 2022-06-30 | −$2.25B | −$441.0M | — | −43.98% |
| Q1 2022 | 2022-03-31 | −$649.0M | −$69.0M | — | −11.19% |
| Q4 2021 | 2021-12-31 | −$2.01B | $114.0M | — | −38.35% |
| Q3 2021 | 2021-09-30 | −$1.02B | $23.56B | — | −18.76% |
| Q2 2021 | 2021-06-30 | −$1.81B | −$1.74B | — | −34.71% |
| Q1 2021 | 2021-03-31 | −$580.0M | −$544.0M | — | −12.30% |
| Q4 2020 | 2020-12-31 | −$2.13B | −$754.0M | — | −44.78% |
| Q3 2020 | 2020-09-30 | −$24.59B | −$24.11B | — | −503.61% |
| Q2 2020 | 2020-06-30 | −$72.0M | $601.0M | — | −1.59% |
| Q1 2020 | 2020-03-31 | −$36.0M | −$1.06B | — | −0.84% |
| Q4 2019 | 2019-12-31 | −$1.37B | $34.0M | — | −28.93% |
| Q3 2019 | 2019-09-30 | −$472.0M | −$260.0M | — | −10.65% |
| Q2 2019 | 2019-06-30 | −$673.0M | −$487.0M | — | −17.07% |
| Q1 2019 | 2019-03-31 | $1.02B | $978.0M | +2328.57% | +25.43% |
| Q4 2018 | 2018-12-31 | −$1.41B | −$943.0M | — | −34.39% |
| Q3 2018 | 2018-09-30 | −$212.0M | −$729.0M | — | −4.84% |
| Q2 2018 | 2018-06-30 | −$186.0M | −$110.0M | — | −4.39% |
| Q1 2018 | 2018-03-31 | $42.0M | −$316.0M | −88.27% | +1.04% |
| Q4 2017 | 2017-12-31 | −$463.0M | −$8.0M | — | −11.29% |
| Q3 2017 | 2017-09-30 | $517.0M | $526.0M | — | +11.45% |
| Q2 2017 | 2017-06-30 | −$76.0M | $619.0M | — | −1.79% |
| Q1 2017 | 2017-03-31 | $358.0M | $499.0M | — | +8.39% |
| Q4 2016 | 2016-12-31 | −$455.0M | $218.0M | — | −9.65% |
| Q3 2016 | 2016-09-30 | −$9.0M | $160.0M | — | −0.19% |
| Q2 2016 | 2016-06-30 | −$695.0M | −$255.0M | — | −16.67% |
| Q1 2016 | 2016-03-31 | −$141.0M | −$30.0M | — | −3.55% |
| Q4 2015 | 2015-12-31 | −$673.0M | −$137.0M | — | −16.15% |
| Q3 2015 | 2015-09-30 | −$169.0M | −$602.0M | — | −3.71% |
| Q2 2015 | 2015-06-30 | −$440.0M | $174.0M | — | −10.43% |
| Q1 2015 | 2015-03-31 | −$111.0M | $315.0M | — | −2.85% |
| Q4 2014 | 2014-12-31 | −$536.0M | $196.0M | — | −12.44% |
| Q3 2014 | 2014-09-30 | $433.0M | $419.0M | +2992.86% | +8.77% |
| Q2 2014 | 2014-06-30 | −$614.0M | $68.0M | — | −15.54% |
| Q1 2014 | 2014-03-31 | −$426.0M | −$46.0M | — | −10.95% |
| Q4 2013 | 2013-12-31 | −$732.0M | −$899.0M | — | −18.42% |
| Q3 2013 | 2013-09-30 | $14.0M | −$122.0M | −89.71% | +0.34% |
| Q2 2013 | 2013-06-30 | −$682.0M | −$800.0M | — | −18.06% |
| Q1 2013 | 2013-03-31 | −$380.0M | −$217.0M | — | −10.35% |
| Q4 2012 | 2012-12-31 | $167.0M | $730.0M | — | +4.36% |
| Q3 2012 | 2012-09-30 | $136.0M | −$120.0M | −46.88% | +3.42% |
| Q2 2012 | 2012-06-30 | $118.0M | $253.0M | — | +3.28% |
| Q1 2012 | 2012-03-31 | −$163.0M | −$306.0M | — | −4.48% |
| Q4 2011 | 2011-12-31 | −$563.0M | −$441.0M | — | −14.76% |
| Q3 2011 | 2011-09-30 | $256.0M | $317.0M | — | +6.63% |
| Q2 2011 | 2011-06-30 | −$135.0M | −$182.0M | — | −3.66% |
| Q1 2011 | 2011-03-31 | $143.0M | $603.0M | — | +3.98% |
| Q4 2010 | 2010-12-31 | −$122.0M | $582.0M | — | −3.37% |
| Q3 2010 | 2010-09-30 | −$61.0M | −$169.0M | — | −1.74% |
| Q2 2010 | 2010-06-30 | $47.0M | $181.0M | — | +1.45% |
| Q1 2010 | 2010-03-31 | −$460.0M | −$271.0M | — | −13.24% |
| Q4 2009 | 2009-12-31 | −$704.0M | $331.0M | — | −19.89% |
| Q3 2009 | 2009-09-30 | $108.0M | — | — | +3.34% |
| Q2 2009 | 2009-06-30 | −$134.0M | — | — | −4.20% |
| Q1 2009 | 2009-03-31 | −$189.0M | — | — | −5.51% |
| Q3 2008 | 2008-09-30 | −$1.03B | — | — | −28.17% |
Pg&E free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$26.82B to −$3.07B, a net increase of $23.75B. Pg&E's latest reported quarter, Q2 2026, generated −$2.06B in free cash flow, a decrease of $53.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Pg&E filings at SEC.gov ↗