NextEra Energy (NEE) Q2 2026 Earnings
How Did NEE Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +3.65%.
Did NEE Beat Earnings? Q2 2026 Results
Yes. NextEra Energy reported Q2 2026 earnings of $1.15 a share on Jul 24, 2026, beating the $1.10 consensus estimate by 4.3%. Revenue was $7.5B against a $8.2B estimate.
NextEra Energy posted a mixed but broadly encouraging second quarter for 2026, delivering an adjusted earnings per share of $1.15 that cleared the $1.10 consensus estimate by 4.25%, extending the company's streak of EPS beats to five consecutive quarters. Total revenues rose 12.4% year over year to $7.53 billion, though that figure came in below the $8.15 billion analysts had expected. The earnings strength was anchored by Florida Power and Light, where disciplined capital investment drove net income to $1.41 billion, a 11% gain from the prior-year quarter, while regulatory capital employed grew roughly 9.3%. NextEra Energy Resources added 3.6 GW to its renewables and storage backlog in the quarter, bringing the total to approximately 35.1 GW, a figure that has drawn favorable analyst attention and Buy ratings from multiple Wall Street firms. Looking ahead, management reaffirmed full-year 2026 adjusted EPS guidance of $3.92 to $4.02, targeting the high end, and continues to project 8% or better compound annual EPS growth through 2032.
- FPL regulatory capital employed grew approximately 9.3% year-over-year
- FPL new investment growth contributed $0.05 per share year-over-year in Q2
- NEER new investments contributed $0.09 per share year-over-year in Q2
- 3.6 GW of new renewables and storage origination added to NEER backlog in Q2, including 2 GW battery storage
- FPL added more than 90,000 customers during Q2
- FPL non-fuel O&M is more than 70% better than industry average on a dollar-per-MWh basis
“NextEra Energy delivered a strong second quarter, with adjusted earnings per share increasing by 9.5% year-over-year, reflecting continued operational and financial execution across both FPL and NextEra Energy Resources.”
NextEra Energy CEO, on the earnings call
What Is NextEra Energy's Outlook?
NextEra Energy continues to expect 2026 adjusted earnings per share in the range of $3.92 to $4.02, targeting the high end. The company expects a compound annual growth rate in adjusted EPS of 8%+ through 2032, with a 9%+ target through 2035, all off a 2025 base of $3.71 adjusted EPS. Dividend growth is expected at roughly 10% per year through 2026 off a 2024 base, and 6% per year from year-end 2026 through 2028. FPL full-year capital investments are expected between $12 billion and $13 billion. The proposed Dominion Energy combination is expected to close in the second half of 2027 and support approximately 11% annual growth in regulatory capital employed through 2032 and 9%+ adjusted EPS growth through 2032, with a 9%+ target through 2035.
NEE YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $7.5B | $6.7B | +12.5% |
| Operating Income | $2.2B | $1.9B | +17.1% |
| Net Income | $3.1B | $2.0B | +55.0% |
NEE Revenue by Segment
When Does NextEra Energy Report Next?
Figures from SEC filings and company reports. Not investment advice.