Sempra (SRE) Q3 FY2026 earnings: revenue $3.2 billion, up 1.3% on the year

Sempra (SRE) reported revenue of $3.2 billion for Q3 FY2026, the quarter ended 30 September 2026, up 1.3% on the same quarter a year earlier. Net income was $883 million, up 829.5% on the year, and diluted earnings per share $1.34. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$3.2 billion

+1.3% on the year · +6.5% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

n/a

Q4 FY2024Q3 FY2026

Net income

$883 million

+829.5% on the year · +10.8% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$1.34

+1,016.7% on the year · +10.7% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 raised, 3 new, 4 kept.

Quarterly earnings rose year over year: GAAP earnings were $877 million, or $1.34 per diluted share, against $77 million, or $0.12. Adjusted earnings were $917 million, or $1.40 per diluted share, against $728 million, or $1.11.
Nine-month adjusted EPS rose: Nine-month adjusted EPS was $4.07 against $3.45, and nine-month GAAP EPS was $4.13 against $2.21. Adjusted earnings exclude the items in the reconciliation table.
Import Path 1 approved, subject to rehearing: The PUCT approved both segments of Import Path 1 in August, supporting timely development of transmission infrastructure identified through ERCOT planning.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	3,191	2,997	3,151	+6.5%	+1.3%
Interest expense	298	430	403	-30.7%	-26.1%
Pre-tax income	603	674	293	-10.5%	+105.8%
Income tax	14.0	112	482	-87.5%	-97.1%
Effective tax rate	2.3%	16.6%	164.5%
Net income	883	797	95.0	+10.8%	+829.5%
Net margin	27.7%	26.6%	3.0%
Diluted EPS	$1.34	$1.21	$0.12	+10.7%	+1,016.7%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	1,563	1,308	1,110	+19.5%	+40.8%
Capital expenditure	2,640	2,226	2,561	+18.6%	+3.1%
Free cash flow	-1,077	-918	-1,451
Free cash flow margin	-33.8%	-30.6%	-46.0%
Cash from investing	-2,742	-2,853	-3,042
Cash from financing	582	282	4,770	+106.4%	-87.8%
Depreciation and amortisation	632	612	662	+3.3%	-4.5%
Share-based compensation	22.0	19.0	14.0	+15.8%	+57.1%
Buybacks	0.0	1.0	0.0
Dividends paid	419	417	408	+0.5%	+2.7%
Dividend per share	$0.65	$0.66	$0.65	-1.5%	0.0%
Diluted shares, weighted	656m	656m	654m	-0.0%	+0.3%
Shares outstanding at period end	654m	654m	653m	+0.0%	+0.2%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	33,327	32,685	31,152	+2.0%	+7.0%
Non-controlling interest	7,457	7,313	7,134	+2.0%	+4.5%
Redeemable equity	3,392	3,308	1,933	+2.5%	+75.5%
Debt	37,474	36,664	32,693	+2.2%	+14.6%
Other liabilities	36,374	35,311	34,007	+3.0%	+7.0%
Total liabilities and equity	118,024	115,281	106,919	+2.4%	+10.4%
Goodwill	n/a	n/a	0.0
Intangible assets	n/a	n/a	0.0
Cash and equivalents	34.0	48.0	5.0	-29.2%	+580.0%
Receivables	1,573	1,442	1,409	+9.1%	+11.6%
Inventory	531	496	565	+7.1%	-6.0%
Other assets	115,886	113,295	104,940	+2.3%	+10.4%
Total assets	118,024	115,281	106,919	+2.4%	+10.4%

Questions

What was Sempra's revenue in Q3 FY2026?

Sempra (SRE) reported revenue of $3.2 billion for Q3 FY2026, the quarter ended 30 September 2026, up 1.3% on the same quarter a year earlier.

How much did Sempra earn in Q3 FY2026?

Net income for Q3 FY2026 was $883 million, up 829.5% on the year, and diluted earnings per share $1.34.

When did Sempra report Q3 FY2026 results?

Sempra filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	3,844	3,820	3,547	3,617	3,455	6,560	3,335	3,334	3,491	3,640	3,011	2,776	3,758	3,802	3,000	3,151	3,749	3,655	2,997	3,191
Interest expense	422	243	271	282	258	366	317	312	314	305	311	328	105	433	359	403	337	382	430	298
Pre-tax income	692	808	523	299	379	1,461	676	456	667	839	468	332	1,074	792	467	293	237	996	674	603
Tax rate	21%	41%	15%	7%	32%	26%	26%	-11%	-1%	21%	-28%	-32%	26%	7%	37%	165%	-4%	7%	17%	2%
Net income	604	612	559	485	438	980	615	732	748	812	725	649	676	917	473	95.0	352	1,037	797	883
Net margin	16%	16%	16%	13%	13%	15%	18%	22%	21%	22%	24%	23%	18%	24%	16%	3%	9%	28%	27%	28%
Diluted EPS	$0.90	$0.96	$0.89	$0.77	$0.69	$1.53	$0.95	$1.14	$1.16	$1.26	$1.12	$1.00	$1.04	$1.39	$0.71	$0.12	$0.54	$1.58	$1.21	$1.34
Operating cash flow	861	1,607	757	-909	-313	1,980	1,757	1,392	1,089	1,851	669	1,022	1,365	1,482	784	1,110	1,189	1,809	1,308	1,563
Capital expenditure	1,409	1,204	1,157	1,179	1,817	1,830	2,452	1,792	2,323	1,933	1,897	1,935	2,450	2,336	2,304	2,561	3,411	2,461	2,226	2,640
Free cash flow	-548	403	-400	-2,088	-2,130	150	-695	-400	-1,234	-82.0	-1,228	-913	-1,085	-854	-1,520	-1,451	-2,222	-652	-918	-1,077
Buybacks	300	226	250	2.0	0.0	31.0	0.0	1.0	0.0	40.0	0.0	1.0	2.0	57.0	1.0	0.0	0.0	20.0	1.0	0.0
Dividends paid	350	349	362	359	360	360	374	375	374	362	379	380	378	380	407	408	408	409	417	419
Shares outstanding	634m	632m	628m	628m	629m	630m	630m	629m	631m	633m	633m	633m	651m	652m	652m	653m	653m	653m	654m	654m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.