Companies /Utilities

NextEra Energy Inc

NYSE: NEE Utilities - Regulated Electric

Q3 2025 Earnings

Reported Oct 28, 2025, 7:35am ET · SEC source
$1.13
Beat +10.61%
EPS · est. $1.02
$8.0B
Miss −13.62%
Revenue · est. $9.2B
+3.8%
Beating market
NEE vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0Oct 28Oct 29report 7:35am ETearnings+0.3%−7.2%
−6%−3%0Oct 28Oct 29earnings+0.3%−7.2%
NEE −7.2%S&P 500 +0.3%
−6%−3%0Oct 28Oct 29report 7:35am ETearnings+1.0%−7.2%
−6%−3%0Oct 28Oct 29earnings+1.0%−7.2%
NEE −7.2%NASDAQ +1.0%
−6%−3%0Oct 27Nov 5report 7:35am ETearnings−1.8%−6.3%
−6%−3%0Oct 27Nov 5earnings−1.8%−6.3%
NEE −6.3%S&P 500 −1.8%
−6%−3%0Oct 27Nov 5report 7:35am ETearnings−1.9%−6.3%
−6%−3%0Oct 27Nov 5earnings−1.9%−6.3%
NEE −6.3%NASDAQ −1.9%
−2.86%
Day of report
−2.17%
Next session
−2.25%
One week
+3.25%
30 days

S&P 500 over the same 30 days: −0.53%.

Did NEE Beat Earnings? Q3 2025 Results

NextEra Energy posted a solid third quarter, with adjusted earnings per share of $1.13 representing 9.7% year-over-year growth as consolidated revenues climbed to $7.97 billion from $7.57 billion a year earlier. The results reflect the continued strength of Florida Power & Light, where net income rose to $1.46 billion on the back of roughly 8% growth in regulatory capital employed — a direct payoff from the utility's sustained infrastructure investment program. Meanwhile, NextEra Energy Resources added 3 gigawatts of new renewables and storage to a backlog now approaching 30 GW, underscoring the scale of the company's clean energy pipeline. A headline-grabbing partnership with Google — anchored by a 25-year power purchase agreement to restart the 615-megawatt Duane Arnold nuclear plant in Iowa — added a new dimension to the growth story, with the facility expected to contribute up to $0.16 of annual adjusted EPS once operational. Management reaffirmed its <a href="https://247wallst.com/investing/2025/10/28/takeaways-from-nextera-energy-nee-q3-earnings-beat/">full-year financial outlook</a>, guiding for 2025 adjusted EPS of $3.45 to $3.70 and projecting roughly 10% annual dividend growth through at least 2026.

Key Takeaways
  • FPL regulatory capital employed growth of approximately 8% year-over-year
  • Continued smart capital investments at FPL
  • New investment growth at NEER from renewables and storage origination
  • Customer supply contribution increase at NEER
  • Adjusted EPS growth of 9.7% year-over-year

“NextEra Energy delivered strong third-quarter results, with adjusted earnings per share increasing by 9.7% year-over-year. We believe the continued strong financial and operational performance at both FPL and NextEra Energy Resources positions us well to meet our overall objectives for the year. Earlier this month, FPL completed its evidentiary hearing on its proposed four-year base rate settlement agreement, which would support continued smart capital investments through 2029, while keeping typical residential customer bills well below the current national average and 20% lower than they were 20 years ago when adjusted for inflation.”

NextEra Energy CEO, on the earnings call

Forward Guidance & Outlook

NextEra Energy's long-term financial expectations remain unchanged. For 2025, the company expects adjusted EPS of $3.45 to $3.70. For 2026, adjusted EPS is expected to be $3.63 to $4.00, and for 2027, $3.85 to $4.32. The company continues to expect roughly 10% annual dividend per share growth through at least 2026, off a 2024 base. Management expressed confidence in delivering financial results at or near the top of adjusted EPS expectations ranges in each year through 2027. FPL full-year capital investments are expected between $9.3 billion and $9.8 billion. Once restarted, the Duane Arnold nuclear plant is expected to contribute up to $0.16 of annual adjusted EPS on average over its first 10 years of operation.

NEE YoY Financials

Revenue$8.0B
Operating Income$2.5B
Net Income$2.4B

NEE Revenue by Segment

Florida Power & Light (FPL)$5.3B
NextEra Energy Resources (NEER)$2.6B

Figures from SEC filings and company reports. Not investment advice.