v3.26.1
REVENUES (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables disaggregate our revenues from contracts with customers by major service line and market. We also provide a reconciliation to total revenues by segment for Sempra. The majority of our revenue is recognized over time.
DISAGGREGATED REVENUES
(Dollars in millions)
Sempra
Sempra CaliforniaSempra InfrastructureConsolidating adjustments and Parent
and other
Sempra
Three months ended June 30, 2026
By major service line:
Utilities$2,576 $18 $(7)$2,587 
Energy-related businesses— 233 (21)212 
Revenues from contracts with customers$2,576 $251 $(28)$2,799 
By market:
Gas$1,376 $140 $(7)$1,509 
Electric1,200 111 (21)1,290 
Revenues from contracts with customers$2,576 $251 $(28)$2,799 
Revenues from contracts with customers$2,576 $251 $(28)$2,799 
Utilities regulatory revenues(65)— — (65)
Other revenues— 261 263 
Total revenues$2,511 $512 $(26)$2,997 
Three months ended June 30, 2025
By major service line:
Utilities$2,449 $18 $(7)$2,460 
Energy-related businesses— 257 (17)240 
Revenues from contracts with customers$2,449 $275 $(24)$2,700 
By market:
Gas$1,596 $173 $(8)$1,761 
Electric853 102 (16)939 
Revenues from contracts with customers$2,449 $275 $(24)$2,700 
Revenues from contracts with customers$2,449 $275 $(24)$2,700 
Utilities regulatory revenues41 — — 41 
Other revenues— 255 259 
Total revenues$2,490 $530 $(20)$3,000 
DISAGGREGATED REVENUES (CONTINUED)
(Dollars in millions)
Sempra
Sempra CaliforniaSempra InfrastructureConsolidating adjustments and Parent
and other
Sempra
Six months ended June 30, 2026
By major service line:
Utilities$5,796 $45 $(16)$5,825 
Energy-related businesses— 436 (34)402 
Revenues from contracts with customers$5,796 $481 $(50)$6,227 
By market:
Gas$3,364 $275 $(14)$3,625 
Electric2,432 206 (36)2,602 
Revenues from contracts with customers$5,796 $481 $(50)$6,227 
Revenues from contracts with customers$5,796 $481 $(50)$6,227 
Utilities regulatory revenues(54)— — (54)
Other revenues— 474 479 
Total revenues$5,742 $955 $(45)$6,652 
Six months ended June 30, 2025
By major service line:
Utilities$5,912 $44 $(13)$5,943 
Energy-related businesses— 475 (37)438 
Revenues from contracts with customers$5,912 $519 $(50)$6,381 
By market:
Gas$3,988 $315 $(13)$4,290 
Electric1,924 204 (37)2,091 
Revenues from contracts with customers$5,912 $519 $(50)$6,381 
Revenues from contracts with customers$5,912 $519 $(50)$6,381 
Utilities regulatory revenues(21)— — (21)
Other revenues— 437 442 
Total revenues$5,891 $956 $(45)$6,802 
DISAGGREGATED REVENUES
(Dollars in millions)
SDG&ESoCalGas
Three months ended June 30,
2026202520262025
By major service line:
Revenues from contracts with customers – Utilities
$1,387 $1,068 $1,233 $1,421 
By market:
Gas$183 $212 $1,233 $1,421 
Electric1,204 856 — — 
Revenues from contracts with customers$1,387 $1,068 $1,233 $1,421 
Revenues from contracts with customers$1,387 $1,068 $1,233 $1,421 
Utilities regulatory revenues(19)194 (46)(153)
Total revenues$1,368 $1,262 $1,187 $1,268 
Six months ended June 30,
2026202520262025
By major service line:
Revenues from contracts with customers – Utilities
$2,943 $2,502 $2,941 $3,489 
By market:
Gas$504 $571 $2,941 $3,489 
Electric2,439 1,931 — — 
Revenues from contracts with customers$2,943 $2,502 $2,941 $3,489 
Revenues from contracts with customers$2,943 $2,502 $2,941 $3,489 
Utilities regulatory revenues(28)180 (26)(201)
Total revenues$2,915 $2,682 $2,915 $3,288 
Schedule of Contract Liabilities
Activities within Sempra’s and SDG&E’s contract liabilities are presented below. There were no contract liabilities at SoCalGas in the six months ended June 30, 2026 or 2025.
CONTRACT LIABILITIES
(Dollars in millions)
20262025
Sempra:
Contract liabilities at January 1$(68)$(196)
Revenue from performance obligations satisfied during reporting period(1)
55 
Payments received in advance(1)
— (1)
Contract liabilities at June 30(2)
$(66)$(142)
SDG&E:
Contract liabilities at January 1$(68)$(72)
Revenue from performance obligations satisfied during reporting period
Contract liabilities at June 30(2)
$(66)$(70)
(1)    Includes negligible activities in 2026 within the disposal group that is classified as held for sale.
(2)    Balance at June 30, 2026 includes $4 in Other Current Liabilities and $62 in Deferred Credits and Other.
Schedule of Contract Accounts Receivable
The table below shows receivable balances, net of allowances for credit losses, associated with revenues from contracts with customers on the Condensed Consolidated Balance Sheets.
RECEIVABLES FROM REVENUES FROM CONTRACTS WITH CUSTOMERS
(Dollars in millions)
June 30, 2026December 31, 2025
Sempra:
Accounts receivable – trade, net(1)
$1,442 $1,767 
Accounts receivable – other, net16 22 
Assets held for sale113 77 
Other long-term assets(2)
19 21 
Total$1,590 $1,887 
SDG&E:
Accounts receivable – trade, net(1)
$884 $809 
Accounts receivable – other, net15 18 
Due from unconsolidated affiliates – current(3)
12 11 
Other long-term assets(2)
Total$915 $841 
SoCalGas:
Accounts receivable – trade, net$558 $958 
Accounts receivable – other, net
Other long-term assets(2)
15 18 
Total$574 $980 
(1)    At June 30, 2026 and December 31, 2025, includes $155 and $152, respectively, of receivables due from customers that were billed on behalf of Community Choice Aggregators, which are not included in revenues.
(2)    In 2024, the CPUC directed SDG&E and SoCalGas to offer long-term payment plans to eligible residential customers with past-due balances.
(3)    Amount is presented net of amounts due to unconsolidated affiliates on the Condensed Balance Sheets when right of offset exists.