Edison International has announced its financial results for the second quarter of 2025, reporting a net income of $343 million, or $0.89 per share. This is a decrease from the same period last year, when the company posted a net income of $439 million, or $1.14 per share. Core earnings for the quarter were $374 million, or $0.97 per share, compared to core earnings of $475 million, or $1.23 per share, in the prior year’s second quarter.
Southern California Edison (SCE), a subsidiary of Edison International, experienced a decline in core earnings per share during the quarter compared to last year. The company attributed this primarily to increased operations and maintenance expenses and regulatory decisions affecting each period.
Since January 1, 2025, and pending a General Rate Case (GRC) decision, SCE has been recognizing revenue based on the authorized revenue requirement from 2024 with adjustments reflecting the California Public Utilities Commission’s authorized return on equity for 2025.
Edison International Parent and Other reported an increased core loss per share for the second quarter due to higher interest expenses.
Pedro J. Pizarro, president and CEO of Edison International, commented on ongoing policy discussions: “We are encouraged by the continuing discussions with legislative leaders to enhance California’s industry-leading AB 1054 regulatory framework,” said Pizarro. “We remain confident that policymakers will act to strengthen and restore confidence in California’s wildfire framework during the current legislative session.”
Pizarro also addressed recent wildfires: “The January wildfires underscore the importance of mitigation plans and the need for continuous and evolving tools to maintain infrastructure resiliency. SCE continues to invest in new and innovative solutions to reduce wildfire risk.”
Edison International reaffirmed its full-year 2025 earnings guidance range with expected basic earnings per share between $8.22 and $8.62 and core earnings per share between $5.94 and $6.34.
The company held an earnings conference call on July 31; prepared remarks by executives as well as supporting materials have been made available on its investor relations website at www.edisoninvestor.com.
Headquartered in Rosemead, California, Edison International is one of the largest electric utility holding companies in the United States. Its primary business includes Southern California Edison Company—which provides electricity service across much of Southern California—and Trio (formerly Edison Energy), which offers sustainability advisory services for commercial clients across North America and Europe.
