SEMPRA Q1 FY26 Results

Summary

Sempra reported first-quarter 2026 GAAP earnings of $1.04 billion, or $1.58 per diluted share, compared to $906 million, or $1.39 per diluted share, in the first quarter of 2025. Adjusted earnings for the first quarter of 2026 were $991 million, or $1.51 per diluted share, compared to $942 million, or $1.44 per diluted share, in 2025. The company invested approximately $3 billion in capital expenditures during the quarter. Sempra updated its full-year 2026 GAAP EPS guidance range to $4.87 to $5.37 and affirmed its adjusted EPS guidance range of $4.80 to $5.30 and its full-year 2027 EPS guidance range of $5.10 to $5.70.

Key Highlights

1. 1

   Sempra reported first-quarter 2026 GAAP earnings of $1.04 billion, or $1.58 per diluted share.

2. 2

   First-quarter 2026 adjusted earnings were $991 million, or $1.51 per diluted share.

3. 3

   Sempra's businesses invested approximately $3 billion in capital expenditures during the first quarter of 2026.

4. 4

   The Public Utility Commission of Texas issued an order adopting Oncor's base rate settlement, providing for an annual revenue requirement of approximately $6.97 billion.

5. 5

   Sempra is updating its full-year 2026 GAAP earnings-per-common share (EPS) guidance range to $4.87 to $5.37.

6. 6

   Sempra is affirming its full-year 2026 adjusted EPS guidance range of $4.80 to $5.30 and affirming its full-year 2027 EPS guidance range of $5.10 to $5.70.

7. 7

   Sempra is also affirming a 7% to 9% projected long‑term EPS growth rate.