Edison International reported a decrease in second-quarter net income for 2025, with figures showing $343 million, or $0.89 per share, compared to $439 million, or $1.14 per share, during the same period last year. Adjusted core earnings for the quarter were $374 million, or $0.97 per share, down from $475 million, or $1.23 per share, a year ago.
The company stated that Southern California Edison’s (SCE) core earnings per share declined primarily due to increased operations and maintenance expenses as well as regulatory decisions made in each period. The absence of a 2025 General Rate Case (GRC) decision means SCE is recognizing revenue based on the 2024 authorized revenue requirement, adjusted according to the 2025 CPUC-authorized return on equity.
For Edison International Parent and Other segments, core loss per share rose year over year because of higher interest expenses.
Pedro J. Pizarro, president and CEO of Edison International, commented on ongoing discussions with lawmakers: “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 for basic EPS between $8.22 and $8.62 and core EPS between $5.94 and $6.34.
The company has posted prepared remarks from its CEO and CFO along with other financial materials related to its quarterly results on its investor relations website at www.edisoninvestor.com.
Edison International is headquartered in Rosemead, California, serving as the parent company of Southern California Edison Company—which delivers electricity across much of Southern, Central, and Coastal California—and Trio (formerly Edison Energy), which provides sustainability and energy advisory services for large organizations in North America and Europe.
