PG&E Corporation (PCG) debt
What PG&E owes, when it comes due, and what it costs to carry, from the balances and cash flows the company reports to the U.S. Securities and Exchange Commission.
At a glance
| Metric | Jun 2026 | Jun 2025 | Change |
|---|---|---|---|
| Total debt | $64.22B | $59.17B | +$5.05B |
| Due within a year | $2.45B | $5.17B | −$2.72B |
| Long-term debt | $61.77B | $54.00B | +$7.76B |
| Cash and equivalents | $972M | $494M | +$478M |
| Net debt | $63.25B | $58.68B | +$4.57B |
Total debt is the sum of the debt lines the company reports at that date (long-term, current and short-term borrowings), not a figure the company reports as a total.
Debt over time
| Balance date | Total debt | Due within a year | Long-term debt | Cash |
|---|---|---|---|---|
| Jun 2026 | $64.22B† | $2.45B | $61.77B | $972M |
| Mar 2026 | $62.44B† | $2.30B | $60.15B | $1.13B |
| Dec 2025 | $60.88B† | $3.50B | $57.39B | $713M |
| Sep 2025 | $59.33B† | $3.79B | $55.53B | $404M |
| Jun 2025 | $59.17B† | $5.17B | $54.00B | $494M |
| Mar 2025 | $58.88B† | $6.22B | $52.66B | $2.02B |
| Dec 2024 | $57.24B† | $3.67B | $53.57B | $940M |
| Sep 2024 | $58.90B† | $4.15B | $54.75B | $895M |
| Jun 2024 | $59.21B† | $6.55B | $52.66B | $1.31B |
| Mar 2024 | $57.16B† | $3.74B | $53.41B | $658M |
| Dec 2023 | $56.32B† | $5.35B | $50.98B | $635M |
| Sep 2023 | $54.52B† | $4.18B | $50.34B | $589M |
† Sum of the debt lines the company reports at that date, not a reported total.
Interest cost and borrowing
| Fiscal year | Interest expense | Borrowed | Repaid | Convertible notes issued |
|---|---|---|---|---|
| FY Dec 2025 | $3.03B | — | $3.88B | $0 |
| FY Dec 2024 | $3.05B | — | $800M | $0 |
| FY Dec 2023 | $2.85B | — | $3.08B | $2.12B |
| FY Dec 2022 | $1.92B | — | $5.97B | $0 |
| FY Dec 2021 | $1.60B | — | $87M | $0 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters.
About these figures
These are the balances PG&E reports in its SEC filings as of each balance-sheet date, and the interest, borrowing and repayments it reports for each period. This page does not show market prices or yields of the company's bonds. "Long-term debt" is the line as the company tags it in its filings and may or may not include the portion due within a year.
All figures from company filings with the SEC.