| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 3.0K | 0.6% |
| Total Income | 3.0K | 0.6% |
| Expenditure | 2.3K | 2.0% |
| PBT | 409.00 | 8.2% |
| Net Profit | 316.00 | 6.4% |
| OPM | 22.12% | 0.16pp |
| NPM | 10.62% | 0.57pp |
| EPS | 0.48 | 6.7% |
CenterPoint Energy Reports Strong Q1 2026 Results
23 Apr 2026 · 23 Apr, 3:46 pm
Summary
CenterPoint Energy reported a net income of $316 million, or $0.48 per diluted share, on a GAAP basis for the first quarter of 2026. Non-GAAP EPS for the first quarter of 2026 was $0.56. The company reiterates its 2026 non-GAAP EPS guidance range of at least the midpoint of $1.89-$1.91. CenterPoint announced more than 12 gigawatts of firmly committed industrial load and increased its data center load forecast, now expecting to energize 8 gigawatts of projects in the Greater Houston area by 2029.
Key Highlights
- 1
CenterPoint Energy reported Q1 2026 earnings of $0.48 per diluted share on a GAAP basis.
- 2
Non-GAAP EPS for the first quarter of 2026 was $0.56 per diluted share.
- 3
The company reiterates its 2026 non-GAAP EPS guidance range of at least the midpoint of $1.89-$1.91, representing 8% growth over 2025.
- 4
CenterPoint announced 12.2 gigawatts of firmly committed industrial load at Houston Electric.
- 5
The company expects 8 gigawatts of data center load to be energized by 2029.
Management Comments
Jason Wells
We are fortunate to be living in one of the most unique and exciting times in our industry’s history. Our teams are moving at pace to execute our customer-focused capital plans, deliver strong financial results, and facilitate real and tangible electric load growth for the benefit of all our customers. Our strong first quarter performance positions us well for the remainder of the year and delivering results at or above the midpoint of our 2026 earnings guidance range. We remain confident that we are making the right investments to produce safer, more reliable, and more resilient outcomes than ever before.
Jason Wells
We understand the best way to deliver on affordability for our current customers is by bringing more connections onto our electric systems. With the incremental and accelerating growth we see in Greater Houston alone, we project to be able to deliver customer savings of approximately $4 billion over the next decade. Through our team’s disciplined execution and moving at the speed of business, we have made meaningful progress for numerous new customers to help them realize their large load connections. As a result, we now have clear line of sight to 12.2 gigawatts of firmly committed industrial load. Given all these trends, we continue to believe we have one of the most tangible and executable growth plans in the industry.
Informational and educational content only. Not investment advice.