Sempra FY2025 adj. EPS $4.69 (+1%); raises 5-year capex to $65B

SEMPRA

2025-FY EPS reported $2.75 vs consensus $1.18 ▲ beat (+132.5%)

Full-year 2025 GAAP EPS $2.75, down from $4.42; adjusted EPS $4.69 vs $4.65.
Q4 2025 GAAP EPS $0.54, adjusted $1.28; Q4 2024 $1.04 GAAP, $1.50 adjusted.
Total 2025 revenue $13.7B, up ~4% YoY from $13.2B (per segment data).
Management raises five-year capital plan to $65B; issues 2030 EPS growth outlook.
Adjusted earnings reflect $457M after-tax regulatory disallowances in FY2025.

item 2.02item 9.01

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