Filing Flows › CenterPoint Energy (CNP) › Q1 2025
CenterPoint Energy (CNP) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
CenterPoint Energy (CNP) reported revenue of $2.9B for the first quarter 2025 (Q1 2025), +11% from a year earlier and +29% from the quarter before. Operating margin was 22.2%, net earnings $297M (10.2% of revenue).
CenterPoint Energy, Q1 2025: revenue $2.9B (+12% year over year), operating margin 22.2%, net earnings $297M, operating cash flow $410M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9B | +29% | +11% |
| Operating profit | $649M | +34% | +5% |
| Net earnings | $297M | +20% | -15% |
| Operating cash flow | $410M | -54% | -24% |
What changed
Revenue was $2.9B in Q1 2025, up 11% year over year and up 29% from the previous quarter. Natural Gas was the largest line at 63% of revenue. Natural Gas added $0.28B year over year (up 18%), 94% of the total change.
Operating profit was $0.65B, a 22.2% margin (down 1.3 points year over year). Of the extra revenue versus a year earlier, 11% reached operating profit, below the 24% margin then. Total costs grew 13% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $0.30B, down 15% year over year. The effective tax rate was 21.4%.
Operating cash flow was $0.41B (down 24% year over year), 138% of net earnings. Non-cash charges added back $0.36B of depreciation and amortization. Working capital and other items used $0.25B. Capital expenditures of $1.0B exceeded it, leaving free cash flow of −$0.63B.
Questions
What was CenterPoint Energy's revenue in the first quarter 2025?
CenterPoint Energy (CNP) reported revenue of $2.9B for the first quarter 2025 (Q1 2025), +11% from a year earlier and +29% from the quarter before.
Was CenterPoint Energy profitable in the first quarter 2025?
Operating profit was $649M (22.2% of revenue) and net earnings $297M.
Source: CenterPoint Energy 10-Q on SEC EDGAR.