Alliant Energy (LNT) Q4 2025 Earnings
Reported Feb 19, 2026 at 6:22 PM ET · SEC Source
Q4 25 EPS
$0.60
BEAT +2.67%
Est. $0.58
Q4 25 Revenue
$1.06B
BEAT +19.12%
Est. $893.2M
vs S&P Since Q4 25
+3.2%
BEATING MARKET
LNT +11.5% vs S&P +8.3%
Full Year 2025 Results
FY 25 EPS
$3.22
FY 25 Revenue
$4.36B
Market Reaction
Did LNT Beat Earnings? Q4 2025 Results
Alliant Energy closed out fiscal 2025 on a solid note, with fourth-quarter non-GAAP EPS of $0.60 edging past the $0.58 consensus estimate by 2.67%, while revenue of $1.06 billion topped expectations of $893.23 million and grew 9.0% from $976.00 milli… Read more Alliant Energy closed out fiscal 2025 on a solid note, with fourth-quarter non-GAAP EPS of $0.60 edging past the $0.58 consensus estimate by 2.67%, while revenue of $1.06 billion topped expectations of $893.23 million and grew 9.0% from $976.00 million a year ago. The headline beat was anchored by higher electric and gas utility revenues tied to authorized rate base increases, as ongoing capital investment in generation and energy storage continued to flow through to customer rates. On a GAAP basis, quarterly EPS came in at $0.55, down from $0.58 in Q4 2024, with the year-over-year decline in both GAAP and adjusted quarterly earnings partly reflecting elevated operation and maintenance costs, higher depreciation, and increased financing expenses from a substantial capital program. For full-year 2025, non-GAAP EPS rose 6% to $3.22. Looking ahead, the company affirmed its 2026 ongoing EPS guidance of $3.36 to $3.46, supported by a capital expenditure program totaling $13.40 billion across 2026 through 2029, weighted heavily toward renewables, energy storage, and gas generation to serve expanding data center demand.
Key Takeaways
- • Higher revenue requirements from authorized rate base increases reflecting ongoing capital investments in generation and energy storage
- • Favorable estimated temperature impacts on retail electric and gas sales
- • Higher other operation and maintenance expenses from planned maintenance and new energy resources
- • Higher depreciation and financing expenses related to capital investments
- • Higher development costs to support long-term growth
LNT YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
LNT Revenue by Segment
With YoY comparisons, source: SEC Filings
“In 2025, we delivered another solid year of financial and operational results. We're executing well while investing to meet growing customer demand.”
— Lisa Barton, Q4 2025 Earnings Press Release
LNT Earnings Trends
LNT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LNT EPS Trend
Earnings per share: estimate vs actual
LNT Revenue Trend
Quarterly revenue: estimate vs actual
LNT Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.79 | $0.82 | +3.96% | $1.18B | +6.40% |
| Q4 25 BEAT FY | $0.58 | $0.60 | +2.67% | $1.06B | +19.12% |
| FY Full Year | — | $3.22 | — | $4.36B | — |
| Q3 25 MISS | $1.19 | $1.12 | -5.80% | $1.21B | -8.85% |
| Q2 25 BEAT | $0.64 | $0.68 | +6.00% | $961.0M | +4.81% |