Filing Flows › Ameren (AEE) › Q3 2026
Ameren (AEE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Ameren (AEE) reported revenue of $2.9B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +38% from the quarter before. Operating margin was 31.2%, net earnings $677M (23.5% of revenue).
Ameren, Q3 2026: revenue $2.9B (+7% year over year), operating margin 31.2%, net earnings $677M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9B | +38% | +7% |
| Operating profit | $900M | +96% | +9% |
| Net earnings | $677M | +114% | +6% |
| Operating cash flow | $1.0B | +30% | -9% |
What changed
Revenue was $2.9B in Q3 2026, up 7% year over year and up 38% from the previous quarter. Electric was the largest line at 94% of revenue. Electric added $0.16B year over year (up 6%), 87% of the total change.
Operating profit was $0.90B, a 31.2% margin (up 0.7 points year over year). Of the extra revenue versus Q3 2025, 41% reached operating profit, above the 31% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $0.68B, up 6% year over year. The effective tax rate was 14.9%.
Operating cash flow was $1.0B (down 9% year over year), 148% of net earnings. Non-cash charges added back $0.44B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.12B. Capital expenditures of $1.4B exceeded it, leaving free cash flow of −$0.43B.
Questions
What was Ameren's revenue in the third quarter 2026?
Ameren (AEE) reported revenue of $2.9B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +38% from the quarter before.
Was Ameren profitable in the third quarter 2026?
Operating profit was $900M (31.2% of revenue) and net earnings $677M.
Source: Ameren 10-Q on SEC EDGAR.