Consolidated Edison reports Q3 2026 net income of $766 million
New York-based utility company Consolidated Edison increased its third-quarter earnings to $766 million, up from $688 million during the same period last year.
Consolidated Edison reported net income of $766 million, or $2.07 per share, for the third quarter of 2026. This performance marks an increase over the third quarter of 2025, when the company recorded $688 million in net income, or $1.91 per share.
The utility sector continues to navigate complex regulatory environments and the necessity for ongoing capital investment in aging energy infrastructure. For Con Edison, which serves the New York metropolitan area, these costs are balanced against regulated rate structures designed to ensure reliable energy delivery.
Looking ahead, the company remains focused on its core utility operations and the integration of infrastructure upgrades. Financial performance for the remainder of the year will depend on seasonal demand and cost management across its service territories.