Companies /Utilities

NextEra Energy Inc

NYSE: NEE Utilities - Regulated Electric
$83.10
▲ $0.17 (+0.21%) today
Markets closed · 4:44am ET

Q1 2026 Earnings

Reported Apr 23, 2026, 7:36am ET · SEC source
$1.09
Beat +11.91%
EPS · est. $0.97
$6.7B
Miss −7.88%
Revenue · est. $7.3B
−14.9%
Trailing market
NEE vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+3%+6%Apr 23Apr 24report 7:36am ETearnings+0.8%+5.3%
0+3%+6%Apr 23Apr 24earnings+0.8%+5.3%
NEE +5.3%S&P 500 +0.8%
0+3%+6%Apr 23Apr 24report 7:36am ETearnings+1.7%+5.3%
0+3%+6%Apr 23Apr 24earnings+1.7%+5.3%
NEE +5.3%NASDAQ +1.7%
0+3%+6%Apr 22May 1report 7:36am ETearnings+1.5%+7.6%
0+3%+6%Apr 22May 1earnings+1.5%+7.6%
NEE +7.6%S&P 500 +1.5%
0+3%+6%Apr 22May 1report 7:36am ETearnings+2.1%+7.6%
0+3%+6%Apr 22May 1earnings+2.1%+7.6%
NEE +7.6%NASDAQ +2.1%
+6.94%
Day of report
−1.01%
Next session
+1.69%
One week
−8.94%
30 days

S&P 500 over the same 30 days: +5.95%.

Did NEE Beat Earnings? Q1 2026 Results

NextEra Energy posted a solid first quarter for 2026, reporting adjusted earnings per share of $1.09, up 10% year-over-year from $0.99, as revenue climbed to $6.70 billion from $6.25 billion in the prior-year period. The headline story behind the quarter was the record renewables and storage origination at NextEra Energy Resources, which added 4 GW to its backlog, including 1.3 GW of battery storage, bringing total backlog to approximately 33 GW. Florida Power & Light also contributed meaningfully, with net income rising to $1.46 billion as the utility added nearly 100,000 customers and brought roughly 600 megawatts of new solar online. On the GAAP side, net income attributable to the company reached $2.18 billion, or $1.04 per share, a sharp improvement from $833 million, or $0.40 per share, a year ago, partly reflecting a swing in XPLR Infrastructure investment gains. Looking ahead, management held its 2026 adjusted EPS target of $3.92 to $4.02, aiming for the high end, while maintaining its 8%-plus annual growth outlook through 2032.

Key Takeaways
  • FPL regulatory capital employed grew approximately 8.8% year-over-year
  • FPL added nearly 100,000 customers in Q1
  • Adjusted EPS increased 10% year-over-year
  • New investment growth at FPL contributed $0.04 per share
  • NextEra Energy Resources new investments contributed $0.04 per share
  • NextEra Energy Transmission contributed $0.05 per share increase
  • FPL placed approximately 600 megawatts of new solar into service

“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. 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 CEO, on the earnings call

Forward Guidance & Outlook

NextEra Energy's long-term financial expectations remain unchanged. The company continues to expect 2026 adjusted EPS in the range of $3.92 to $4.02, targeting the high end. It expects a compound annual growth rate in adjusted EPS of 8%+ through 2032 and targets the same from 2032 through 2035, off a 2025 base of $3.71 adjusted EPS. NextEra Energy also expects to grow dividends per share at a roughly 10% rate 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 to be between $12 billion and $13 billion.

NEE YoY Financials

Revenue$6.7B
Operating Income$2.2B
Net Income$2.2B

NEE Revenue by Segment

Florida Power & Light (FPL)$4.3B+6.9%
NextEra Energy Resources (NEER)$2.3B+6.8%

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