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Tampa Electric earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 6, 2026

Q3 2026 Revenue down 3% year over year to $893M · 24¢ of every $1 of revenue kept as net profit · operating margin 34.2%

Tampa Electric made $893M in Q3 2026 (-3% Y/Y). Operating margin 34.2%, net earnings $217M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.

Revenue$893M
Year over year-3%
Operating margin34.2%
Net earnings$217M
Operating cash flow$441M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $893.0M in Q3 2026, down 3% year over year and up 4% from the previous quarter.

Operating profit was $305.0M, a 34.2% margin (up 1.6 points year over year). Total costs fell 5% while revenue fell 3%. Net earnings were $217.0M, down 1% year over year. The effective tax rate was 16.5%.

Operating cash flow was $441.0M (up 18% year over year), 203% of net earnings. Non-cash charges added back $134.0M of depreciation and amortization. Working capital and other items added $90.0M. Capital expenditures of $433.0M left free cash flow of $8.0M.

Quarterly history

Tampa Electric revenue by quarterTampa Electric revenue by quarter$649MQ1 2025$839MQ2 2025$921MQ3 2025$706MQ4 2025$802MQ1 2026$862MQ2 2026$893MQ3 2026
Tampa Electric net earnings by quarterTampa Electric net earnings by quarter$114MQ1 2025$188MQ2 2025$220MQ3 2025$85.0MQ4 2025$131MQ1 2026$189MQ2 2026$217MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 6, 2026$893M-3%34.2%$217M$441M
Q2 202610-QAug 7, 2026$862M+3%30.9%$189M$333M
Q1 202610-QMay 8, 2026$802M+24%24.6%$131M$297M
Q4 202510-KFeb 23, 2026$706M+21%20.1%$85.0M$254M
Q3 202510-QNov 7, 2025$921M+27%32.6%$220M$373M
Q2 202510-QAug 8, 2025$839M+25%30.5%$188M$128M
Q1 202510-QMay 8, 2025$649M+18%25.9%$114M$131M

Charts

Tampa Electric: revenue growth, year over year and quarter over quarterTampa Electric: revenue growth, year over year and quarter over quarterY/YQ/Q+18%Q1 2025+25%+29%Q2 2025+27%+10%Q3 2025+21%-23%Q4 2025+24%+14%Q1 2026+3%+7%Q2 2026-3%+4%Q3 2026
Latest (Q3 2026): Y/Y -3%, Q/Q +4%.
Tampa Electric: where the cash came from (+) and went (−), TTM to Q3 2026Tampa Electric: where the cash came from (+) and went (−), TTM to Q3 2026Capital spending−$1.7BOperating cash flow$1.3BDividends−$625MOther financing$597MNet borrowing (+) / repaid (−)$375MAsset & business sales$7.0MCash drawn (+) / kept (−)−$5.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Tampa Electric: profit against cash, quarter by quarterTampa Electric: profit against cash, quarter by quarterNet incomeOperating cash flow$84.0M$311MQ4 2024$114M$131MQ1 2025$188M$128MQ2 2025$220M$373MQ3 2025$85.0M$254MQ4 2025$131M$297MQ1 2026$189M$333MQ2 2026$217M$441MQ3 2026
Latest (Q3 2026): Net income $217M, Operating cash flow $441M.
Tampa Electric in its industry: growth against margin (53 companies, SIC 4911)Tampa Electric in its industry: growth against margin (53 companies, SIC 4911)revenue growth, year over year →↑ operating marginmedian +10%median 24%Southern Power CoSONEEFlorida Power & Light CoCEGNRGAEP Texas Inc.VSTDAEPEIXFirstEnergy Pennsylvania Electric CoETI-PDTEFEEAITVEETRPublic Service Co of New HampshirePPLOncor Electric Delivery Co LLCCNPPNWWELPPTLNPuget Energy IncOGEHEPORHawaiian Electric Co IncBasin Electric Power CooperativeTXNMIDAOglethorpe Power CorpIpalco Enterprises, Inc.Tucson Electric Power CoClearway Energy LLCCWENFirstEnergy Transmission, LLCTri-State Generation & Transmission Association, Inc.ITC Holdings Corp.BKHCleco Corporate Holdings LLCOld Dominion Electric CooperativeCleco Power LLCXIFROTTRORAHNRGGreenbacker Renewable Energy Co LLCSPRUOPTTTampa Electric (-3%, 34%)
Electric Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Tampa Electric

Tampa Electric Company, referred to as TEC or Tampa Electric, was incorporated in Florida in 1899 and was reincorporated in 1949. All of TEC’s common stock is owned by TECO Holdings. TECO Holdings is an indirect, wholly owned subsidiary of Emera. Therefore, TEC is an indirect, wholly owned subsidiary of Emera. TEC is engaged in the generation, purchase, transmission, distribution and sale of electric energy. The retail territory served comprises an area of about 2,000 square miles in West Central Florida, including Hillsborough County and parts of Polk, Pasco and Pinellas Counties. The principal communities served are Tampa, Temple Terrace, Winter Haven, Plant City and Dade City. TEC engages in wholesale sales to utilities and other resellers of electricity.

In its own words, from its 10-K, filed Feb 23, 2026.

Tampa Electric against its Electric Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -3% against the peers' median +13%. Operating margin: 34.2% against the peers' median 29.7%.

CompanyQuarterRevenueY/YOp. margin
Tampa ElectricQ3 2026$893M-3%34.2%
Southern PowerQ3 2026$8.8B+13%33.9%
NEE NextEra EnergyQ3 2026$8.1B+2%32.4%
Florida Power & LightQ2 2026$7.5B+12%29.7%
CEG Constellation EnergyQ2 2026$7.5B+23%7.7%
NRG NRG EnergyQ2 2026$7.5B+11%13.0%
AEP TexasQ3 2026$6.8B+14%26.5%
VST VistraQ3 2026$6.3B+28%26.9%
D Dominion EnergyQ3 2026$5.6B+24%32.8%

Source: Tampa Electric 10-Q on SEC EDGAR · CIK 96271 · Electric Services