Direct Answer
Consolidated Edison reports revenue across 4 product and service lines in its fiscal 2025 Form 10-K. Electricity is the largest, with $12.6 billion of revenue (74% of the total), followed by Oil and Gas Purchased at $3.6 billion (21%).
How Does Consolidated Edison Make Money?
Electricity supplies 74% of revenue, so Consolidated Edison's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Steam grew fastest (+21.6%) and Non Utility Products and Services slowest (+0.0%), so the revenue mix tilts toward Steam while that gap lasts.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Electricity | $12.6 billion | $11.6 billion | 74.5% | 8.9% |
| Oil and Gas Purchased | $3.6 billion | $3.1 billion | 21.3% | 16.2% |
| Steam | $703 million | $578 million | 4.2% | 21.6% |
| Non Utility Products and Services | $3 million | $3 million | 0.0% | 0.0% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Consolidated Edison's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Consolidated Edison reported in the segment note and revenue disclosures of its Form 10-K filed February 19, 2026 (accession 0001047862-26-000031), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Consolidated Edison's main products and services?
In its fiscal 2025 Form 10-K, Consolidated Edison reports revenue for Electricity, Oil and Gas Purchased, Steam and Non Utility Products and Services.
Which part of Consolidated Edison brings in the most revenue?
Electricity, with $12.6 billion of revenue in fiscal 2025, or 74% of the total.
Where does Consolidated Edison report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 19, 2026, alongside management's discussion of each segment's results.