Consolidated Edison income statement
In fiscal 2025, Consolidated Edison reported revenue of $16.92bn, up 10.9% on the year before, operating income of $2.94bn (a 17.3% margin) and net income of $2.02bn, or $5.64 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.0 | 13.3 | 12.9 | 12.2 | 12.4 | 12.9 | 12.6 | 12.1 | 12.0 | 12.3 | 12.6 | 12.2 | 13.7 | 15.7 | 14.7 | 15.3 | 16.9 | 17.7 |
| Research and development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — |
| Operating income | 1.9 | 2.1 | 2.2 | 2.3 | 2.2 | 2.2 | 2.4 | 2.8 | 2.8 | 2.7 | 2.7 | 2.7 | 2.8 | 2.6 | 3.2 | 2.7 | 2.9 | 3.2 |
| Interest expense | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 1.0 | 1.0 | 0.9 | 0.9 | 1.0 | 1.2 | 1.2 | 1.2 |
| Income before tax | 1.3 | 1.6 | 1.7 | 1.7 | 1.5 | 1.7 | 1.8 | 1.9 | 2.0 | 1.8 | 1.7 | 1.2 | 1.4 | 2.1 | 3.0 | 2.1 | 2.6 | 2.9 |
| Income tax | 0.4 | 0.5 | 0.6 | 0.6 | 0.5 | 0.6 | 0.6 | 0.7 | 0.5 | 0.4 | 0.3 | 0.1 | 0.2 | 0.5 | 0.5 | 0.3 | 0.6 | 0.7 |
| Net income | 0.9 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 | 1.5 | 1.4 | 1.3 | 1.1 | 1.3 | 1.7 | 2.5 | 1.8 | 2.0 | 2.2 |
| Diluted EPS | $3.14 | $3.47 | $3.57 | $3.86 | $3.61 | $3.71 | $4.05 | $4.12 | $4.94 | $4.42 | $4.08 | $3.28 | $3.85 | $4.66 | $7.21 | $5.24 | $5.64 | $6.09 |
| Diluted shares (average) | 276m | 286m | 294m | 295m | 294m | 294m | 294m | 302m | 309m | 313m | 330m | 336m | 349m | 356m | 349m | 347m | 359m | 364m |
| EBITDA | 2.7 | 3.0 | 3.1 | 3.3 | 3.3 | 3.3 | 3.6 | 4.0 | 4.1 | 4.1 | 4.4 | 4.6 | 4.9 | 4.7 | 5.2 | 4.8 | 5.3 | 5.5 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,092 | 3,669 | 4,798 | 3,595 | 4,530 | 3,994 | 5,095 | 4,069 |
| Operating income | 862 | 477 | 1,125 | 355 | 968 | 487 | 1,177 | 552 |
| Interest expense | 306 | 304 | 313 | 300 | 309 | 311 | 308 | 314 |
| Income before tax | 721 | 321 | 1,033 | 296 | 890 | 378 | 1,227 | 408 |
| Income tax | 133 | 11 | 242 | 50 | 202 | 81 | 303 | 100 |
| Net income | 588 | 310 | 791 | 246 | 688 | 297 | 924 | 308 |
| Diluted EPS | $1.69 | $0.89 | $2.25 | $0.68 | $1.90 | $0.81 | $2.54 | $0.83 |
| EBITDA | 1,412 | 1,031 | 1,689 | 931 | 1,554 | 1,082 | 1,749 | 1,130 |
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