v3.26.3
REVENUES (Tables)
9 Months Ended
Sep. 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 September 30, 2026
By major service line:
Utilities$2,736 $9 $(4)$2,741 
Energy-related businesses— 303 (14)289 
Revenues from contracts with customers$2,736 $312 $(18)$3,030 
By market:
Gas$1,247 $174 $(4)$1,417 
Electric1,489 138 (14)1,613 
Revenues from contracts with customers$2,736 $312 $(18)$3,030 
Revenues from contracts with customers$2,736 $312 $(18)$3,030 
Utilities regulatory revenues(3)— — (3)
Other revenues— 162 2 164 
Total revenues$2,733 $474 $(16)$3,191 
Three months ended September 30, 2025
By major service line:
Utilities$2,518 $15 $(5)$2,528 
Energy-related businesses— 241 (13)228 
Revenues from contracts with customers$2,518 $256 $(18)$2,756 
By market:
Gas$1,390 $156 $(3)$1,543 
Electric1,128 100 (15)1,213 
Revenues from contracts with customers$2,518 $256 $(18)$2,756 
Revenues from contracts with customers$2,518 $256 $(18)$2,756 
Utilities regulatory revenues95 — — 95 
Other revenues— 299 1 300 
Total revenues$2,613 $555 $(17)$3,151 
DISAGGREGATED REVENUES (CONTINUED)
(Dollars in millions)
Sempra
Sempra CaliforniaSempra InfrastructureConsolidating adjustments and Parent
and other
Sempra
Nine months ended September 30, 2026
By major service line:
Utilities$8,532 $54 $(20)$8,566 
Energy-related businesses— 739 (48)691 
Revenues from contracts with customers$8,532 $793 $(68)$9,257 
By market:
Gas$4,611 $449 $(18)$5,042 
Electric3,921 344 (50)4,215 
Revenues from contracts with customers$8,532 $793 $(68)$9,257 
Revenues from contracts with customers$8,532 $793 $(68)$9,257 
Utilities regulatory revenues(57)— — (57)
Other revenues— 636 7 643 
Total revenues$8,475 $1,429 $(61)$9,843 
Nine months ended September 30, 2025
By major service line:
Utilities$8,430 $59 $(18)$8,471 
Energy-related businesses— 716 (50)666 
Revenues from contracts with customers$8,430 $775 $(68)$9,137 
By market:
Gas$5,378 $471 $(16)$5,833 
Electric3,052 304 (52)3,304 
Revenues from contracts with customers$8,430 $775 $(68)$9,137 
Revenues from contracts with customers$8,430 $775 $(68)$9,137 
Utilities regulatory revenues74 — — 74 
Other revenues— 736 6 742 
Total revenues$8,504 $1,511 $(62)$9,953 
DISAGGREGATED REVENUES
(Dollars in millions)
SDG&ESoCalGas
Three months ended September 30,
2026202520262025
By major service line:
Revenues from contracts with customers – Utilities
$1,683 $1,349 $1,101 $1,217 
By market:
Gas$190 $218 $1,101 $1,217 
Electric1,493 1,131 — — 
Revenues from contracts with customers$1,683 $1,349 $1,101 $1,217 
Revenues from contracts with customers$1,683 $1,349 $1,101 $1,217 
Utilities regulatory revenues(73)131 70 (36)
Total revenues$1,610 $1,480 $1,171 $1,181 
Nine months ended September 30,
2026202520262025
By major service line:
Revenues from contracts with customers – Utilities
$4,626 $3,851 $4,042 $4,706 
By market:
Gas$694 $789 $4,042 $4,706 
Electric3,932 3,062 — — 
Revenues from contracts with customers$4,626 $3,851 $4,042 $4,706 
Revenues from contracts with customers$4,626 $3,851 $4,042 $4,706 
Utilities regulatory revenues(101)311 44 (237)
Total revenues$4,525 $4,162 $4,086 $4,469 
Schedule of Contract Liabilities
Activities within Sempra’s and SDG&E’s contract liabilities are presented below. There were no contract liabilities at SoCalGas in the nine months ended September 30, 2026 or 2025.
CONTRACT LIABILITIES
(Dollars in millions)
20262025
Sempra:
Contract liabilities at January 1$(68)$(196)
Revenue from performance obligations satisfied during reporting period(1)
4 83 
Payments received in advance(1)
(1)(1)
Reclassification to liabilities held for sale— 45 
Contract liabilities at September 30(2)
$(65)$(69)
SDG&E:
Contract liabilities at January 1$(68)$(72)
Revenue from performance obligations satisfied during reporting period3 3 
Contract liabilities at September 30(2)
$(65)$(69)
(1)    Includes activities within the disposal group that is classified as held for sale.
(2)    Balance at September 30, 2026 includes $4 in Other Current Liabilities and $61 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)
September 30, 2026December 31, 2025
Sempra:
Accounts receivable – trade, net(1)
$1,573 $1,767 
Accounts receivable – other, net15 22 
Assets held for sale87 77 
Other long-term assets(2)
18 21 
Total$1,693 $1,887 
SDG&E:
Accounts receivable – trade, net(1)
$1,009 $809 
Accounts receivable – other, net13 18 
Due from unconsolidated affiliates – current(3)
11 11 
Other long-term assets(2)
5 3 
Total$1,038 $841 
SoCalGas:
Accounts receivable – trade, net$563 $958 
Accounts receivable – other, net2 4 
Other long-term assets(2)
13 18 
Total$578 $980 
(1)    At September 30, 2026 and December 31, 2025, includes $190 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.