Con Edison Q3 2026 Net Income Rises to $766 Million
Con Edison posted third-quarter net income of $766 million, up from $688 million a year earlier, lifting per-share earnings to $2.07.
Consolidated Edison reported stronger third-quarter earnings for 2026, with net income climbing to $766 million, or $2.07 per share, compared with $688 million, or $1.91 per share, in the same period of 2025. The New York-based utility, traded on the NYSE under the ticker ED, disclosed the results on November 5, 2026.
The year-over-year improvement represents a gain of roughly $78 million in net income and a 16-cent increase in per-share earnings, signaling continued financial momentum for one of the nation's largest investor-owned energy companies. Adjusted earnings on a non-GAAP basis matched the reported net income figure of $766 million for the quarter.
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Con Edison serves millions of customers across New York City and Westchester County, operating regulated electric, gas, and steam delivery businesses. The utility sector has faced ongoing pressure from infrastructure investment demands and evolving clean-energy mandates, making quarterly earnings results a closely watched indicator of financial stability and rate-base growth.
Analysts and investors tracking regulated utility performance will note that the per-share increase also reflects the company's share count dynamics alongside underlying operational results. The earnings report provides a basis for assessing Con Edison's trajectory heading into the final quarter of 2026.
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