Sempra Q2 FY26: Net income +68.5% to $797.0M; PA LNG Phase 2 FID reached, Blackstone invests

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

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  Net income rose 68.5% to $797.0M in Q2 FY26 on 3.7% revenue growth to $2.80B. Diluted EPS climbed 70.4% to $1.21.

  Key Financials view on EDGAR →
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  Sempra Infrastructure reached final investment decision on PA LNG Phase 2 in September 2025 and commenced construction. Blackstone invested $3.4B for 49.9% equity and committed an additional $3.6B; SI Partners retains 50.1% and committed up to $7.8B. Total capex estimated at ~$14B including $1.9B true-up to Phase 1 for shared facilities.

  MD&A: PA LNG Phase 2 verify on EDGAR →
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  SoCalGas faces new litigation from January 2025 LA Palisades and Eaton fires. Court dismissed Sempra as defendant in Palisades case and struck punitive damages against SoCalGas; Eaton case includes cross-complaints with Edison and a January 2027 trial scheduled. Bechtel is providing indemnity under the EPC contract for the Port Arthur construction incident.

  Legal Proceedings verify on EDGAR →