| Segment Reporting |
The following tables present financial information about the regulated utility segment and reconciliation to Puget Energy consolidated financial statements: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Puget Energy | Three Months Ended June 30, 2026 | | Six Months Ended June 30, 2026 | | (Dollars in Thousands) | Regulated Utility | | Other | | Total | | Regulated Utility | | Other | | Total | | Revenue | $ | 1,303,916 | | | $ | 8,888 | | | $ | 1,312,804 | | | $ | 3,144,434 | | | $ | 16,627 | | | $ | 3,161,061 | | | Depreciation and amortization | 210,996 | | | 1,669 | | | 212,665 | | | 421,684 | | | 3,344 | | | 425,028 | | | Income tax (benefit) expense | 16,515 | | | (6,133) | | | 10,382 | | | 54,368 | | | (18,257) | | | 36,111 | | | Non-utility expense and other | 4,192 | | | 4,097 | | | 8,289 | | | 9,818 | | | 11,224 | | | 21,042 | | | Interest expense | 92,257 | | | 42,346 | | | 134,603 | | | 183,141 | | | 74,729 | | | 257,870 | | | Net income | 79,745 | | | (30,046) | | | 49,699 | | | 326,183 | | | (53,652) | | | 272,531 | | | Total assets | 19,195,602 | | | 2,447,666 | | | 21,643,268 | | | 19,195,602 | | | 2,447,666 | | | 21,643,268 | | | Construction expenditures | 438,912 | | | 64 | | | 438,976 | | | 851,110 | | | 80 | | | 851,190 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Puget Energy | Three Months Ended June 30, 2025 | | Six Months Ended June 30, 2025 | | (Dollars in Thousands) | Regulated Utility | | Other | | Total | | Regulated Utility | | Other | | Total | | Revenue | $ | 1,110,972 | | | $ | 9,493 | | | $ | 1,120,465 | | | $ | 2,703,992 | | | $ | 18,476 | | | $ | 2,722,468 | | | Depreciation and amortization | 207,852 | | | 1,684 | | | 209,536 | | | 416,545 | | | 3,367 | | | 419,912 | | | Income tax (benefit) expense | 4,410 | | | (5,345) | | | (935) | | | 32,225 | | | (12,662) | | | 19,563 | | | Non-utility expense and other | 10,470 | | | 6,944 | | | 17,414 | | | 19,245 | | | 13,496 | | | 32,741 | | | Interest expense | 84,637 | | | 31,564 | | | 116,201 | | | 169,557 | | | 59,306 | | | 228,863 | | | Net income | 68,320 | | | (24,146) | | | 44,174 | | | 254,334 | | | (42,604) | | | 211,730 | | | Total assets | 17,310,818 | | | 1,925,503 | | | 19,236,321 | | | 17,310,818 | | | 1,925,503 | | | 19,236,321 | | | Construction expenditures | 376,611 | | | 132 | | | 376,743 | | | 730,046 | | | 279 | | | 730,325 | |
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