Filing Flows › Entergy Texas (ETI-P) › Q1 2026
Entergy Texas (ETI-P) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Entergy Texas (ETI-P) reported revenue of $3.2B for the first quarter 2026 (Q1 2026), +12% from a year earlier. Operating margin was 18.0%, net earnings $385M (12.1% of revenue).
Entergy Texas, Q1 2026: revenue $3.2B (+12% year over year), operating margin 18.0%, net earnings $385M, operating cash flow $829M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | — | +12% |
| Operating profit | $572M | — | -18% |
| Net earnings | $385M | — | +7% |
| Operating cash flow | $829M | — | +55% |
What changed
Revenue was $3.2B in Q1 2026, up 12% year over year. Electricity, US Regulated was the largest line at 99% of revenue. Electricity, US Regulated added $0.41B year over year (up 15%), 121% of the total change.
Operating profit was $0.57B, a 18.0% margin (down 6.6 points year over year). Operating profit fell $0.13B even though revenue rose $0.34B versus a year earlier, so costs grew faster than sales. Total costs grew 22% against revenue growth of 12%. Net earnings were $0.38B, up 7% year over year. The effective tax rate was 18.3%.
Operating cash flow was $0.83B (up 55% year over year), 212% of net earnings. Non-cash charges added back $0.60B of depreciation and amortization. Working capital and other items used $0.16B. Capital expenditures of $2.3B exceeded it, leaving free cash flow of −$1.4B.
Questions
What was Entergy Texas' revenue in the first quarter 2026?
Entergy Texas (ETI-P) reported revenue of $3.2B for the first quarter 2026 (Q1 2026), +12% from a year earlier.
Was Entergy Texas profitable in the first quarter 2026?
Operating profit was $572M (18.0% of revenue) and net earnings $385M.
Source: Entergy Texas 10-Q on SEC EDGAR.