| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 6.1K | 1.7% |
| Total Income | 6.1K | 1.7% |
| Expenditure | 3.9K | 4.0% |
| PBT | 1.2K | 2203.5% |
| Net Profit | 2.2K | 161.9% |
| OPM | 36.20% | 1.40pp |
| NPM | 35.77% | 21.89pp |
| EPS | 1.05 | 156.1% |
NextEra Energy Reports Strong Q1 2026 Results
23 Apr 2026 · 23 Apr, 5:06 pm
Summary
NextEra Energy reported strong first-quarter 2026 results, with adjusted earnings per share increasing by 10% year-over-year. The company's adjusted first-quarter earnings were $2.275 billion, or $1.09 per share. FPL reported first-quarter net income of $1.462 billion, and NextEra Energy Resources added 4 GW to its backlog. NextEra Energy expects an 8%+ compound annual growth rate in adjusted earnings per share through 2032 and is targeting the same from 2032 through 2035.
Key Highlights
- 1
NextEra Energy reported first-quarter net income attributable to NextEra Energy on a GAAP basis of $2.182 billion, or $1.04 per share.
- 2
Adjusted first-quarter earnings were $2.275 billion, or $1.09 per share, an increase of 10% year-over-year.
- 3
FPL reported first-quarter net income of $1.462 billion, or $0.70 per share.
- 4
FPL's regulatory capital employed increased by approximately 8.8% over the same quarter last year.
- 5
NextEra Energy Resources reported first-quarter net income attributable to NextEra Energy on a GAAP basis of $1.019 billion, or $0.49 per share.
- 6
NextEra Energy Resources added 4 gigawatts to its backlog of new renewables and storage origination, including 1.3 gigawatts of battery storage.
- 7
NextEra Energy continues to expect a compound annual growth rate in adjusted earnings per share of 8%+ annually through 2032 and is targeting the same from 2032 through 2035, all off the 2025 base.
Management Comments
John Ketchum
"NextEra Energy is off to a terrific start for the year, delivering strong first-quarter results, with adjusted earnings per share increasing by 10% year-over-year," said John Ketchum, chairman, president and chief executive officer. "These results reflect continued strong financial and operational performance across FPL and NextEra Energy Resources as America's electricity demand continues to increase. NextEra Energy builds all forms of energy infrastructure and has experience across the entire energy value chain at massive scale with a balance sheet to back it up. Our customers turn to us because they know we have an unmatched track record of building affordable and reliable energy infrastructure decade after decade. With a service area that spans 49 states and with more than 12 ways to grow, NextEra Energy was built for this seminal moment. Importantly, our forecasted growth is visible and balanced between our regulated and long-term contracted businesses, and we expect to grow adjusted earnings per share at a compound annual growth rate of 8%+ through 2032 and are targeting the same from 2032 through 2035, all off the 2025 base."
Informational and educational content only. Not investment advice.