Revenue: As of FY2025 Q3, the actual value is USD 952 M, missing the estimate of USD 983.83 M.EPS: As of FY2025 Q3, the actual value is USD 0.94, missing the estimate of USD 0.995.EBIT: As of FY2025 Q3, the actual value is USD 234 M.<h3>Financial Data and Outlook Summary</h3><h4>Segment Revenue</h4><ul><li>Total Revenues: $952 million for Q3 2025, compared to $929 million for Q3 2024.</li><li>Retail Revenues: $2,299 million for the nine months ended September 30, 2025, compared to $2,094 million for the same period in 2024.</li><li>Wholesale Revenues: $324 million for the nine months ended September 30, 2025, compared to $467 million for the same period in 2024.</li></ul><h4>Operational Metrics</h4><ul><li>Net Income: $103 million for Q3 2025, compared to $94 million for Q3 2024.</li><li>Non-GAAP Net Income: $110 million for Q3 2025, compared to $94 million for Q3 2024.</li><li>Operating Income: $174 million for Q3 2025, compared to $146 million for Q3 2024.</li><li>Operating Expenses: $778 million for Q3 2025, compared to $783 million for Q3 2024.</li><li>Depreciation and Amortization: $148 million for Q3 2025, compared to $126 million for Q3 2024.</li><li>Interest Expense: $60 million for Q3 2025, compared to $53 million for Q3 2024.</li></ul><h4>Cash Flow</h4><ul><li>Operating Cash Flow: $970 million for the nine months ended September 30, 2025, compared to $608 million for the same period in 2024.</li><li>Capital Expenditures: $899 million for the nine months ended September 30, 2025, compared to $876 million for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: $71 million for the nine months ended September 30, 2025, compared to $322 million for the same period in 2024.</li></ul><h4>Unique Metrics</h4><ul><li>Industrial Load Growth: 13% quarter-over-quarter growth driven by data center customers.</li><li>Average Number of Retail Customers: 954,560 for the nine months ended September 30, 2025, compared to 942,103 for the same period in 2024.</li></ul><h4>Outlook / Guidance</h4><ul><li>2025 Adjusted Earnings Guidance: Reaffirmed at $3.13 to $3.33 per diluted share.</li><li>Assumptions for 2025 Guidance: Includes an increase in energy deliveries between 3.5% and 4.5%, operating and maintenance expense between $810 million and $830 million, and capital expenditures of $1,220 million.</li></ul>

Portland General Electric | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 952 M