Filing Flows › Alliant Energy (LNT) › Q2 2025
Alliant Energy (LNT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Alliant Energy (LNT) reported revenue of $961M for the second quarter 2025 (Q2 2025), +7% from a year earlier and -15% from the quarter before. Operating margin was 23.2%, net earnings $174M (18.1% of revenue).
Alliant Energy, Q2 2025: revenue $961M (+8% year over year), operating margin 23.2%, net earnings $174M, operating cash flow $243M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $961M | -15% | +7% |
| Operating profit | $223M | -13% | +72% |
| Net earnings | $174M | -18% | +100% |
| Operating cash flow | $243M | -2% | -5% |
What changed
Revenue was $961.0M in Q2 2025, up 7% year over year and down 15% from the previous quarter. Electric was the largest line at 89% of revenue. Electric added $62.0M year over year (up 8%), 93% of the total change. Non-Utility and Other declined 12%.
Operating profit was $223.0M, a 23.2% margin (up 8.7 points year over year). Of the extra revenue versus a year earlier, 139% reached operating profit, above the 15% margin then. Total costs fell 3% while revenue rose 7%. Net earnings were $174.0M, up 100% year over year. The effective tax rate was -32.8%.
Operating cash flow was $243.0M (down 5% year over year), 140% of net earnings. Non-cash charges added back $208.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $142.0M. Capital expenditures of $422.0M exceeded it, leaving free cash flow of −$179.0M.
Questions
What was Alliant Energy's revenue in the second quarter 2025?
Alliant Energy (LNT) reported revenue of $961M for the second quarter 2025 (Q2 2025), +7% from a year earlier and -15% from the quarter before.
Was Alliant Energy profitable in the second quarter 2025?
Operating profit was $223M (23.2% of revenue) and net earnings $174M.
Source: Alliant Energy 10-Q on SEC EDGAR.