Sempra (SRE) Income Statement
SRE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSRE revenue and net income
Where SRE's revenue goes
2025Each bar shows an amount and its share of revenue. SRE kept 13.4% of revenue as net income.
SRE profit margins
SRE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.8% | −4.1% | +3.8% | +3.0% |
| Gross profit | +13.4% | −1.3% | +4.0% | +4.8% |
| Operating income | +14.9% | −2.7% | +3.5% | +4.5% |
| Net income | −35.8% | −4.9% | −14.1% | +3.1% |
| EPS (diluted) | +2.2% | −6.6% | −0.9% | +6.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SRE quarterly EPS vs estimates
Sempra beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 4, 2026 (estimate $1.15).
SRE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.71B | $12.96B | $15.80B | $15.55B | $13.06B | $11.35B | $10.81B | $10.08B | $11.20B | $10.20B |
| Cost of revenue | $9.71B | $9.43B | $12.05B | $11.39B | $9.42B | $8.07B | $7.57B | $7.85B | $8.47B | $8.08B |
| Gross profit | $4.00B | $3.52B | $3.75B | $4.16B | $3.64B | $3.28B | $3.24B | $2.23B | $2.73B | $2.12B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | — | — | — | — | $4.93B | $4.48B | $3.96B | $3.78B | $3.55B | $3.40B |
| Total operating expenses | $744.0M | $693.0M | $677.0M | $635.0M | $596.0M | $543.0M | $496.0M | $472.0M | $436.0M | $426.0M |
| Operating income | $3.25B | $2.83B | $3.07B | $3.53B | $3.05B | $2.73B | $2.75B | $1.76B | $2.29B | $1.69B |
| Interest income | $196.0M | $136.0M | $147.0M | $1.03B | $1.12B | $110.0M | $101.0M | $106.0M | $49.0M | $30.0M |
| Interest expense | $1.53B | $1.30B | $1.26B | $1.05B | $1.19B | $1.07B | $1.07B | $886.0M | $655.0M | $539.0M |
| Income before taxes | $2.77B | $3.72B | $4.11B | $2.84B | $1.56B | $2.50B | $2.31B | $889.0M | $1.63B | $1.91B |
| Income taxes | $701.0M | $219.0M | $490.0M | $556.0M | $99.0M | $249.0M | $315.0M | −$49.0M | $1.28B | $389.0M |
| Net income | $1.84B | $2.86B | $3.08B | $2.14B | $1.32B | $3.93B | $2.20B | $1.05B | $257.0M | $1.37B |
| EBITDA | $6.87B | $5.85B | $6.12B | $4.42B | $3.26B | $4.23B | $4.38B | $3.09B | $3.70B | $3.68B |
| EPS (diluted) | $4.72 | $4.62 | $4.61 | $5.79 | $5.31 | $4.93 | $3.81 | $3.58 | $3.48 | $3.90 |
| Gross margin | 29.1% | 27.2% | 23.7% | 26.8% | 27.9% | 28.9% | 30.0% | 22.1% | 24.3% | 20.7% |
| Operating margin | 23.7% | 21.8% | 19.4% | 22.7% | 23.3% | 24.1% | 25.4% | 17.4% | 20.5% | 16.6% |
| Net margin | 13.4% | 22.1% | 19.5% | 13.8% | 10.1% | 34.6% | 20.3% | 10.4% | 2.3% | 13.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.00B | $3.65B | $3.77B | $3.18B | $3.00B | $3.80B | $3.75B | $2.68B | $2.97B | $3.56B | $3.36B | $3.25B |
| Cost of revenue | $1.36B | $1.73B | $2.47B | $2.36B | $2.25B | $2.63B | $2.51B | $2.13B | $2.27B | $2.53B | $2.54B | $2.45B |
| Gross profit | $1.64B | $1.92B | $1.29B | $821.0M | $749.0M | $1.16B | $1.24B | $549.0M | $702.0M | $1.03B | $822.0M | $801.0M |
| Total operating expenses | $806.0M | $831.0M | $189.0M | $194.0M | $165.0M | $196.0M | $178.0M | $175.0M | $156.0M | $184.0M | $168.0M | $169.0M |
| Operating income | $832.0M | $1.09B | $1.10B | $627.0M | $584.0M | $968.0M | $1.07B | $374.0M | $546.0M | $845.0M | $654.0M | $632.0M |
| Interest income | $61.0M | $59.0M | $61.0M | $46.0M | $34.0M | $55.0M | $21.0M | $43.0M | $41.0M | $31.0M | $52.0M | $293.0M |
| Interest expense | $430.0M | $382.0M | $337.0M | $403.0M | $359.0M | $370.0M | $369.0M | $325.0M | $307.0M | $302.0M | $314.0M | $311.0M |
| Income before taxes | $1.05B | $1.22B | $474.0M | $632.0M | $691.0M | $976.0M | $1.27B | $654.0M | $741.0M | $1.05B | $847.0M | $802.0M |
| Income taxes | $112.0M | $65.0M | −$10.0M | $482.0M | $172.0M | $57.0M | $282.0M | −$105.0M | −$130.0M | $172.0M | −$9.0M | −$52.0M |
| Net income | $797.0M | $1.04B | $352.0M | $95.0M | $473.0M | $917.0M | $676.0M | $649.0M | $725.0M | $812.0M | $748.0M | $732.0M |
| EBITDA | $1.55B | $1.85B | $1.42B | $1.70B | $1.31B | $1.66B | $1.89B | $1.14B | $1.22B | $1.60B | $1.34B | $1.20B |
| EPS (diluted) | $1.16 | $1.51 | $1.28 | $1.11 | $0.89 | $1.44 | $1.50 | $0.89 | $0.89 | $1.34 | $1.13 | $1.08 |
| Gross margin | 54.7% | 52.6% | 34.4% | 25.8% | 25.0% | 30.6% | 33.1% | 20.5% | 23.7% | 28.9% | 24.5% | 24.6% |
| Operating margin | 27.8% | 29.8% | 29.3% | 19.7% | 19.5% | 25.5% | 28.4% | 14.0% | 18.4% | 23.7% | 19.5% | 19.4% |
| Net margin | 26.6% | 28.4% | 9.3% | 3.0% | 15.8% | 24.1% | 18.0% | 24.2% | 24.4% | 22.8% | 22.3% | 22.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SRE's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SRE financial results
In fiscal year 2025 (ended December 31, 2025), Sempra reported revenue of $13.7 billion, up 5.8% from the year before. It had net income of $1.8 billion (down 35.8%), a net profit margin of 13.4%. Diluted earnings per share came to $4.72. Over five years revenue grew at an average rate of 3.8% a year.
See the SRE stock overview for the latest quote and news, or the SRE chart for price history and technical indicators.
SRE income statement FAQ
What is Sempra's annual revenue?
Sempra reported total revenue of $13.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.8% from $13.0 billion the previous year.
Is Sempra profitable?
Yes. Sempra reported net income of $1.8 billion in fiscal 2025, a net profit margin of 13.4%; its operating margin was 23.7%.
What is Sempra's gross margin?
Sempra's gross margin was 29.1% in fiscal 2025: for every $100 of revenue, Sempra kept $29 after the direct cost of its products and services.
How fast is Sempra growing?
Revenue grew 3.8% a year on average over the last five fiscal years, from $11.4 billion to $13.7 billion.
What are Sempra's earnings per share?
Sempra earned $4.72 per diluted share in fiscal 2025, compared with $4.62 a year earlier.
When will Sempra report its next earnings?
Sempra is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Sempra's fiscal year end?
Sempra's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.