Filing Flows › American Electric Power (AEP) › How it makes money
How American Electric Power (AEP) makes money
American Electric Power (AEP) made $5.4B of revenue in the second quarter 2026 (Q2 2026), +11% from a year earlier. Total Retail Revenues brought in $4.0B (73%); Industrial Revenues brought in $847M (16%); Transmission Revenues brought in $437M (8%). Of every dollar of revenue, 23¢ was left as operating profit, 13¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Total Retail Revenues | $4.0B | 73.2% | — | +12% |
| ↳ Commercial Revenues | $1.3B | 24.3% | — | +13% |
| ↳ Total Wholesale and Competitive Retail Revenues | $1.3B | 24.0% | — | +6% |
| ↳ Generation & Marketing Revenues | $693M | 12.7% | — | +26% |
| ↳ Retail, Trading and Marketing Revenues | $587M | 10.8% | — | +12% |
| ↳ Other Retail Revenues | $74.0M | 1.4% | — | -3% |
| Industrial Revenues | $847M | 15.6% | — | -0.2% |
| Transmission Revenues | $437M | 8.0% | — | +1% |
| Other Revenues | $174M | 3.2% | — | +93% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $5.4B | 100.0% |
| Operating profit | $1.2B | 22.9% |
| Income tax | $52.0M | 1.0% |
| Net earnings | $713M | 13.1% |
| Operating cash flow | $1.9B | 34.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $5.4B | +7% |
| Q1 2026 | $6.0B | +10% |
| Q2 2025 | $5.1B | +11% |
| Q1 2025 | $5.5B | +9% |
From American Electric Power's 10-Q filed Jul 30, 2026 (on EDGAR).
Questions
How does American Electric Power make money?
American Electric Power (AEP) made $5.4B of revenue in the second quarter 2026 (Q2 2026), +11% from a year earlier. Total Retail Revenues brought in $4.0B (73%); Industrial Revenues brought in $847M (16%); Transmission Revenues brought in $437M (8%). Of every dollar of revenue, 23¢ was left as operating profit, 13¢ was left as net earnings.
What is American Electric Power's biggest business?
Total Retail Revenues: $4.0B in the second quarter 2026, 73% of revenue, +12% from a year earlier.
What is American Electric Power's profit margin?
Net earnings were $713M, 13.1% of revenue, in the second quarter 2026; the operating margin was 22.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.