Quarterly ResultMay 1, 2026, 11:13 AM
LNT Q1 Net Income $224M, EPS $0.87; New $1B ATM Program
AI Summary
Alliant Energy (LNT) reported a strong first quarter for 2026, with net income attributable to common shareowners increasing to $224 million and diluted EPS rising to $0.87. Total revenues grew to $1,184 million, driven by increases in both electric and gas utility segments. The company also announced a new $1 billion at-the-market offering program through 2029 and generated $90 million from transferred renewable tax credits.
Key Highlights
- LNT Q1 Net Income attributable to common shareowners rose to $224M from $213M YoY.
- Diluted EPS increased to $0.87 in Q1 2026 from $0.83 in Q1 2025.
- Total revenues grew to $1,184M from $1,128M YoY.
- Electric utility revenue increased to $888M from $853M YoY.
- Gas utility revenue rose to $271M from $240M YoY.
- Net cash flows from operating activities surged to $368M from $249M YoY.
- Launched a new $1B at-the-market offering program through 2029.
- Transferred $90M in renewable tax credits in Q1 2026.