Edison International

Company facts

Industry

Electric Services

Headquarters

Rosemead, California

Most recent report

8-K, filed Oct 30, 2026

Incorporated

California

Filings on record

1,004+ filings

On EDGAR

CIK 827052

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 4 of 4 sections worth reading, with 0 positive, 6 notable, and 9 negative flags.

• MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

  Eaton Fire settlements, earnings decline, and probable additional losses are material.
  Negative

  • Q3 2026 net income fell $108M to $724M, driven by lower SCE core earnings of $172M.
  • CEA report says wildfire inaction could lead to SCE credit downgrades and financial stress.
  • Company admits it likely caused Eaton Fire ignition.
  • $1.8B in losses recorded by Sept 30, 2026 for Eaton Fire settlements.
  • Probable that more losses occur, but unable to estimate range.

• RESULTS OF OPERATIONS

  Contains SCE's financials, wildfire costs, credit risks, and regulatory proceedings.
  Notable

  • SCE Recovery Funding LLC issued $2.0B securitized bonds in July 2026 to repay term loan and retire debt financing wildfire costs.
  • SCE seeks CPUC approval for $3.1B capital spend on AMI 2.0 metering infrastructure program 2026-2033.
  Negative

  • No legislation addressing April 2026 CEA wildfire risk report enacted, heightening credit downgrade risk.

• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

  Contains material wildfire fund disclosures, EPS decline, and regulatory updates.
  Notable

  • Edison International completed the sale of Trio in Q2 2026, recognizing a $23M loss on disposition.
  • SCE filed a 2026 transmission revenue requirement of $1.5B, up 12% from 2025 rates, subject to refund.
  Negative

  • SCE cannot yet estimate a range of losses from the Eaton Fire, despite $652M in expected Wildfire Fund recoveries.

• Note 2. Condensed Consolidated Statements of Changes in Equity

  Massive Eaton Fire losses ($1.8B settled, unknown total); cumulative $3.4B after-tax charges.
  Notable

  • Tax credit of $236M in Q3 2026 drove a -37% effective rate; proceeds to be returned to customers.
  • Woolsey Settlement: CPUC authorized recovery of 35% of ~$5.6B losses, creating a $2B regulatory asset.
  Negative

  • Unable to estimate range of losses for Eaton Fire, indicating extreme uncertainty.
  • Cumulative after-tax net charges from wildfires reached $3.4 billion through Sep 30, 2026.

What changed: Sep 2026 vs. Jun 2026

About 6% of EIX's Sep 2026 10-Q is new information. 34 paragraphs were added, 233 changed, and 48 removed. Below are the most important lines SECSift identified.

• RESULTS OF OPERATIONS 92
• Note 2. Condensed Consolidated Statements of Changes in Equity 72
• MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 27
• NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 13