Consolidated Edison, Inc. (ED) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	17.7B	16.9B	15.3B	14.6B	15.7B
Cost of Revenue	4.3B	6.4B	5.5B	5.7B	6.1B
Gross Profit	13.4B	10.5B	9.8B	9.0B	9.6B
Operating Expenses
R&D Expense	—	—	—	—	27.0M
SG&A Expense	1.9B	—	3.8B	3.6B	3.9B
General & Admin Expense	940.0M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	8.4B	7.6B	3.3B	3.0B	3.0B
Total Operating Expenses	10.3B	7.6B	7.0B	6.6B	6.9B
Cost and Expenses	14.5B	14.0B	12.5B	12.3B	13.1B
Operating Income (EBIT)	3.2B	2.9B	2.7B	2.3B	2.6B
Non-Operating
Interest Income	12.0M	63.0M	—	—	99.0M
Interest Expense	2.1B	1.2B	1.2B	1.0B	951.0M
Net Interest Income	(2.1B)	(1.2B)	(1.2B)	(1.0B)	(852.0M)
Other Non-Op Income/Expense	(278.0M)	(334.0M)	(594.0M)	693.0M	(517.0M)
Non-Operating Income (excl Interest)	(1.9B)	(899.0M)	(593.0M)	(1.7B)	(494.0M)
EBT (Pre-Tax Income)	2.9B	2.6B	2.1B	3.0B	2.1B
Income Tax Expense	685.0M	574.0M	318.0M	487.0M	498.0M
Bottom Line
Net Income	2.2B	2.0B	1.8B	2.5B	1.7B
Earnings from Cont. Ops	2.2B	2.0B	1.8B	2.5B	1.6B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.2B	2.0B	1.8B	2.5B	1.7B
Per Share
Basic EPS	$6.11	$5.66	$5.26	$7.24	$4.68
Diluted EPS	$6.09	$5.64	$5.24	$7.21	$4.67
Revenue Per Share	$47.96	$47.34	$44.09	$42.12	$44.19
Shares
Basic Shares Outstanding	368.8M	357.4M	346.0M	347.7M	354.5M
Diluted Shares Outstanding	370.0M	358.7M	347.3M	349.3M	355.8M
Profitability Metrics
EBITDA	6.5B	6.2B	5.5B	6.1B	5.2B
D&A	1.5B	2.3B	2.2B	2.0B	2.1B
EBIT	5.0B	3.8B	3.3B	4.0B	3.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026