Entergy

ETR Q3 2025 Earnings

Reported Oct 29, 2025 at 8:32 AM ET · SEC Source

Q3 25 EPS

$1.53

BEAT +6.47%

Est. $1.44

Q3 25 Revenue

$3.81B

BEAT +0.70%

Est. $3.79B

vs S&P Since Q3 25

+407.8%

BEATING MARKET

ETR +415.7% vs S&P +7.9%

Market Reaction

Did ETR Beat Earnings? Q3 2025 Results

Entergy posted a solid beat across the board in Q3 2025, with earnings per share of $1.53 coming in 6.47% ahead of the $1.44 consensus estimate while revenue of $3.81 billion edged past expectations and climbed 12.5% year over year. Consolidated net … Read more Entergy posted a solid beat across the board in Q3 2025, with earnings per share of $1.53 coming in 6.47% ahead of the $1.44 consensus estimate while revenue of $3.81 billion edged past expectations and climbed 12.5% year over year. Consolidated net income attributable to Entergy rose to $694.00 million from $645.00 million a year earlier, with GAAP and adjusted figures aligning perfectly this quarter, a sign of clean underlying results free of the restructuring noise that complicated year-ago comparisons. The clearest driver of the outperformance was a surge in operating cash flow to $2.13 billion from $1.56 billion, fueled by stronger utility customer receipts and weather-adjusted retail sales growth of 4.4%, with industrial volumes particularly robust at 7.3%. Entergy also tightened its 2025 adjusted EPS guidance to a range of $3.85 to $3.95, and with an expanding data center pipeline now encompassing an additional 4.5 GW of secured power island equipment agreements, management signaled that industrial and technology-driven load growth remains a durable tailwind heading into 2026.

Key Takeaways

  • Net effect of regulatory actions across operating companies
  • Higher retail sales volume with weather-adjusted retail sales up 4.4%
  • Industrial sales surged 7.3% driven by primary metals, chlor-alkali, and industrial gases
  • Higher AFUDC-equity from increased construction work in progress
  • Higher retail electric price contributing $0.18/share EPS variance
  • Completion of sale of natural gas distribution businesses on July 1, 2025
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ETR YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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ETR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We had another successful quarter executing on initiatives for all our customers. Our pipeline of potential data center customers continues to expand, and we're ready for the opportunity including increasing our agreement for power island equipment by an additional 4.5 gigawatts and securing critical long lead time equipment.”

— Drew Marsh, Q3 2025 Earnings Press Release