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CenterPoint Energy (CNP) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 19, 2026

CenterPoint Energy (CNP) reported revenue of $2.5B for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +26% from the quarter before. Operating margin was 21.6%, net earnings $264M (10.5% of revenue).

Revenue$2.5B
Year over year+11%
Quarter over quarter+26%
Operating margin21.6%
Net earnings$264M

CenterPoint Energy, Q4 2025: revenue $2.5B (+11% year over year), operating margin 21.6%, net earnings $264M, operating cash flow $774M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$2.5B+26%+11%
Operating profit$542M+8%+12%
Net earnings$264M-10%+6%
Operating cash flow$774M+4%-13%

What changed

Revenue was $2.5B in Q4 2025, up 11% year over year and up 26% from the previous quarter. Natural Gas was the largest line at 50% of revenue.

Operating profit was $0.54B, a 21.6% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 24% reached operating profit, above the 21% margin then. Total costs grew 10% against revenue growth of 11%. Net earnings were $0.26B, up 6% year over year. The effective tax rate was 20.0%.

Operating cash flow was $0.77B (down 13% year over year), 293% of net earnings. Non-cash charges added back $0.41B of depreciation and amortization. Working capital and other items added $0.10B. Capital expenditures of $1.5B exceeded it, leaving free cash flow of −$0.71B.

Questions

What was CenterPoint Energy's revenue in the fourth quarter 2025?

CenterPoint Energy (CNP) reported revenue of $2.5B for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +26% from the quarter before.

Was CenterPoint Energy profitable in the fourth quarter 2025?

Operating profit was $542M (21.6% of revenue) and net earnings $264M.

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Source: CenterPoint Energy 10-K on SEC EDGAR.