Sempra Q2 GAAP EPS $0.71 vs $1.12 YoY; adjusted EPS flat at $0.89

SEMPRA

2025-Q2 EPS reported $2.09 revenue$6,381,000,000

GAAP net income $461M ($0.71/diluted share) vs $713M ($1.12) in Q2 2024; adjusted net income $583M ($0.89) vs $567M ($0.89).
Sempra California segment earnings fell to $259M from $316M; Sempra Infrastructure plunged to $72M from $291M.
Revenue was $3.00B, down slightly from $3.01B in the prior-year quarter.
Adjusted earnings were impacted by $25M regulatory disallowances and $97M foreign currency losses in Mexico.
CEO Jeffrey Martin highlighted disciplined execution and rotation toward a utility-centric business model.

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