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COMMON STOCK AND SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Common Stock And Share-Based Compensation [Abstract]  
Schedule of Dividend Paid on Common Stock
The following table summarizes the dividends on common stock paid or declared by PG&E Corporation and the Utility in 2025:
SecurityAmount per ShareAggregate amount (in millions)Date of DeclarationRecord DatePayment Date
PG&E Corporation common stock$0.025 $55 November 29, 2024December 31, 2024January 15, 2025
0.02555 February 20, 2025March 31, 2025April 15, 2025
0.02555 May 22, 2025June 30, 2025July 15, 2025
0.02555 September 18, 2025September 30, 2025October 15, 2025
0.05110 December 11, 2025December 31, 2025January 15, 2026
Utility common stock
(1)
575 February 20, 2025
(1)
March 18, 2025
(1)
575 May 22, 2025
(1)
May 30, 2025
(1)
575 September 18, 2025
(1)
September 26, 2025
(1)
625 December 11, 2025
(1)
December 18, 2025
(1) PG&E Corporation owns all of the outstanding shares of Utility common stock.
The following table summarizes the dividends on preferred stock paid or declared by PG&E Corporation and the Utility in 2025:
SecurityAmount per ShareAggregate amount (in millions)Date of DeclarationRecord DatePayment Date
PG&E Corporation mandatory convertible preferred stock$0.7167 $23 December 12, 2024February 14, 2025February 27, 2025
0.75 24 February 20, 2025May 15, 2025May 29, 2025
0.75 24 May 22, 2025August 15, 2025August 28, 2025
0.75 24 September 18, 2025November 14, 2025December 1, 2025
0.75 24 December 11, 2025February 13, 2026March 1, 2026
Utility preferred stockvaries by series3.5 November 29, 2024January 31, 2025February 15, 2025
varies by series3.5 February 20, 2025April 30, 2025May 15, 2025
varies by series3.5 May 22, 2025July 31, 2025August 15, 2025
varies by series3.5 September 18, 2025October 31, 2025November 15, 2025
varies by series3.5 December 11, 2025January 30, 2026February 15, 2026
Schedule of Compensation Expense for Share-based Incentive Awards
The following table provides a summary of total share-based compensation expense recognized by PG&E Corporation for share-based incentive awards:
(in millions)
202520242023
Restricted stock units80 67 64 
Performance shares54 31 27 
Total compensation expense (pre-tax)$134 $98 $91 
Total compensation expense (after-tax)$97 $71 $65 
Summary of Stock Option Activity
The following table summarizes stock option activity for PG&E Corporation and the Utility for 2025:
Number of
Stock Options		Weighted Average Grant-
Date Fair Value		Weighted Average Remaining Contractual Term (Years)
Outstanding at January 1743,963 $10.23 
Granted (1)
— — 
Exercised— — 
Forfeited or expired(111,495)10.23 
Outstanding at December 31632,468 10.23 1.91
Vested or expected to vest at December 31632,468 10.23 1.91
Exercisable at December 31632,468 $10.23 1.91
(1) Represents additional payout of existing stock option grants.
Schedule of Restricted Stock Units
The following table summarizes restricted stock unit activity for 2025:
Number of
Restricted Stock Units		Weighted Average Grant-
Date Fair Value
Nonvested at January 19,423,582 $15.52 
Granted6,252,871 16.43 
Vested(4,744,176)14.66 
Forfeited(254,623)16.21 
Nonvested at December 3110,677,654 $16.42 
Schedule of Performance Shares
The following table summarizes activity for performance shares in 2025:
Number of
Performance Shares		Weighted Average Grant-
Date Fair Value
Nonvested at January 17,180,206 $15.52 
Granted2,445,690 15.10 
Vested(2,831,269)11.21 
Forfeited
(332,132)16.39 
Nonvested at December 316,462,495 $16.40