Filing Flows › Alliant Energy (LNT) › Q3 2026 › vs Q3 2025
Alliant Energy (LNT) Q3 2026 vs Q3 2025 (year over year)
Alliant Energy's revenue rose $75.0M (+6%) from $1.2B in Q3 2025 to $1.3B in Q3 2026. The biggest changes: WPL +$55.0M (+10%); IPL +$17.0M (+3%); Non-Utility and Other +$3.0M (+13%). Operating margin 30.3% against 28.8% (+1.4 pts).
Alliant Energy, Q3 2026: revenue $1.3B (+6% year over year), operating margin 30.3%, net earnings $398M, operating cash flow $428M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 30.3% | 28.8% | +1.4 pts |
| Net margin | 31.0% | 23.2% | +7.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| IPL | $664M | $647M | $17.0M | +3% |
| WPL | $595M | $540M | $55.0M | +10% |
| Non-Utility and Other | $26.0M | $23.0M | $3.0M | +13% |
| Revenue | $1.3B | $1.2B | $75.0M | +6% |
| Operating profit | $389M | $349M | $40.0M | +11% |
| Costs & expenses | $896M | $861M | $35.0M | +4% |
| Pre-tax earnings | $331M | $263M | $68.0M | +26% |
| Other expense, net | $58.0M | $86.0M | −$28.0M | -33% |
| Cost of revenue | $176M | $166M | $10.0M | +6% |
| Other operating costs | $720M | $695M | $25.0M | +4% |
| Income tax benefit | $67.0M | $18.0M | $49.0M | +272% |
| Net earnings | $398M | $281M | $117M | +42% |
| Depreciation & amortization | $223M | $211M | $12.0M | +6% |
| Share-based compensation | $13.0M | $6.0M | $7.0M | +117% |
| Working capital & other | $206M | $90.0M | $116M | +129% |
| Operating cash flow | $428M | $408M | $20.0M | +5% |
| Capital expenditures | $730M | $511M | $219M | +43% |
| Negative free cash flow (OCF − capex) | $302M | $103M | $199M | +193% |
Questions
How much did Alliant Energy's revenue grow year over year in Q3 2026?
Alliant Energy's revenue rose $75.0M (+6%) from $1.2B in Q3 2025 to $1.3B in Q3 2026.
What drove Alliant Energy's revenue change in Q3 2026?
WPL +$55.0M (+10%); IPL +$17.0M (+3%); Non-Utility and Other +$3.0M (+13%).