Filing Flows › Entergy (ETR) › Q2 2025
Entergy (ETR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Entergy (ETR) reported revenue of $3.3B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +17% from the quarter before. Operating margin was 25.2%, net earnings $468M (14.1% of revenue).
Entergy, Q2 2025: revenue $3.3B (+13% year over year), operating margin 25.2%, net earnings $468M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +17% | +13% |
| Operating profit | $837M | +20% | +36% |
| Net earnings | $468M | +30% | +856% |
| Operating cash flow | $1.3B | +135% | +23% |
What changed
Revenue was $3.3B in Q2 2025, up 13% year over year and up 17% from the previous quarter. Electricity, US Regulated was the largest line at 98% of revenue. Electricity, US Regulated added $0.37B year over year (up 13%), 98% of the total change.
Operating profit was $0.84B, a 25.2% margin (up 4.2 points year over year). Of the extra revenue versus a year earlier, 59% reached operating profit, above the 21% margin then. Total costs grew 7% against revenue growth of 13%. Net earnings were $0.47B, up 856% year over year. The effective tax rate was 22.7%.
Operating cash flow was $1.3B (up 23% year over year), 267% of net earnings. Non-cash charges added back $0.58B of depreciation and amortization. Working capital and other items added $0.21B. Capital expenditures of $2.0B exceeded it, leaving free cash flow of −$0.75B.
Questions
What was Entergy's revenue in the second quarter 2025?
Entergy (ETR) reported revenue of $3.3B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +17% from the quarter before.
Was Entergy profitable in the second quarter 2025?
Operating profit was $837M (25.2% of revenue) and net earnings $468M.
Source: Entergy 10-Q on SEC EDGAR.