Filing Flows › Entergy (ETR) › Q4 2025 › vs Q4 2024
Entergy (ETR) Q4 2025 vs Q4 2024 (year over year)
Entergy's revenue rose $217M (+8%) from $2.7B in Q4 2024 to $3.0B in Q4 2025. Operating margin 18.4% against 24.4% (-6.0 pts).
Entergy, Q4 2025: revenue $3.0B (+8% year over year), operating margin 18.4%, net earnings $236M, operating cash flow $1.2B. The chart draws each line against Q4 2024, the increases inside each band.
Margins
| Q4 2025 | Q4 2024 | Change | |
|---|---|---|---|
| Operating margin | 18.4% | 24.4% | -6.0 pts |
| Net margin | 8.0% | 10.4% | -2.5 pts |
Every line
| Line | Q4 2025 | Q4 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $3.0B | $2.7B | $217M | +8% |
| Operating profit | $546M | $670M | −$124M | -19% |
| Costs & expenses | $2.4B | $2.1B | $341M | +16% |
| Pre-tax earnings | $295M | $398M | −$103M | -26% |
| Other expense, net | $251M | $272M | −$20.6M | -8% |
| Net earnings | $236M | $286M | −$50.7M | -18% |
| Minority interests | $4.7M | $715K | $4.0M | +564% |
| Income tax | $54.2M | $111M | −$56.7M | -51% |
| Depreciation & amortization | $575M | $567M | $8.0M | +1% |
| Working capital & other | $407M | $526M | −$119M | -23% |
| Operating cash flow | $1.2B | $1.4B | −$162M | -12% |
| Capital expenditures | $2.1B | $1.6B | $554M | +35% |
| Negative free cash flow (OCF − capex) | $910M | $194M | $716M | +369% |
Questions
How much did Entergy's revenue grow year over year in Q4 2025?
Entergy's revenue rose $217M (+8%) from $2.7B in Q4 2024 to $3.0B in Q4 2025. Operating margin 18.4% against 24.4% (-6.0 pts).