Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 104

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 104
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(17)(17)Revenues$3,151 $2,776 Nine months ended September 30, 2025Nine months ended September 30, 2024Revenues from external customers:Utilities$8,412 $59 $8,113 $63 Energy-related businesses— 666 — 575 Total revenues from external customers(1)8,412 725 $9,137 8,113 638 $8,751 Other revenues(2):Utilities74 — (107)— Energy-related businesses— 742 — 784 Total other revenues74 742 816 (107)784 677 Intersegment revenues(3):Utilities18 — 16 — Energy-related businesses— 44 — 44 Total intersegment revenues18 44 62 16 44 60 Segment revenues$8,504 $1,511 10,015 $8,022 $1,466 9,488 Adjustments— (1)Intersegment eliminations(62)(60)Revenues$9,953 $9,427 (1)    We did not have revenues from transactions with a single external customer that amounted to 10% or more of Sempra’s total revenues.(2)    See “Revenues from Sources Other Than Contracts with Customers” in Note 3 of the Notes to Consolidated Financial Statements in the Annual Report for a description of this revenue source, which may be additive or subtractive from period to period.(3)    See “Transactions with Affiliates” in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report for a description of services provided by one operating segment to another operating segment within Sempra.

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SDG&ESDG&E is a regulated public utility that provides electric service to San Diego and southern Orange counties and natural gas service to San Diego County. SDG&E has one operating and reportable segment. In connection with certain organizational changes, effective July 5, 2025, SDG&E’s president assumed the responsibilities of the CODM. The CODM utilizes earnings attributable to common shares to manage the business, assess performance and allocate resources. SDG&E’s CODM was previously its chief executive officer.Total assets at SDG&E were $32.8 billion and $30.8 billion at September 30, 2025 and December 31, 2024,