Filing Flows › Utilities › NextEra Energy (NEE)
NextEra Energy (NEE) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 21, 2026 · NextEra Energy (NEE) Q3 2026 earnings results →
Q3 2026 Revenue up 2% year over year to $8.1B · 59¢ of every $1 of revenue kept as net profit · operating margin 32.4%
NextEra Energy made $8.1B in Q3 2026 (+2% Y/Y). Operating margin 32.4%, net earnings $4.8B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 21, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $8.1B in Q3 2026, up 2% year over year.
Operating profit was $2.6B, a 32.4% margin (up 0.7 points year over year). Of the extra revenue versus Q3 2025, 72% reached operating profit, above the 32% margin then. Total costs grew 1% against revenue growth of 2%. Net earnings were $4.8B, up 96% year over year ($4.4B including minority interests, which bore $0.41B of losses). The effective tax rate was 13.2%. Non-operating items added $2.4B, 48% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $5.0B (up 25% year over year), 116% of net income including minority interests. Non-cash charges added back $1.7B of depreciation and amortization. Working capital and other items used $1.0B. Capital expenditures of $8.2B exceeded it, leaving free cash flow of −$3.1B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 21, 2026 | $8.1B | +2% | 32.4% | $4.8B | $5.0B |
| Q2 2026 | 10-Q | Jul 24, 2026 | $7.5B | +12% | 29.7% | $3.1B | $4.7B |
| Q1 2026 | 10-Q | Apr 23, 2026 | $6.7B | +7% | 33.0% | $2.2B | $2.6B |
| Q4 2025 | 10-K | Feb 13, 2026 | $6.5B | +21% | 24.4% | $1.5B | $2.5B |
| Q3 2025 | 10-Q | Oct 28, 2025 | $8.0B | +5% | 31.7% | $2.4B | $4.0B |
| Q2 2025 | 10-Q | Jul 23, 2025 | $6.7B | +10% | 28.5% | $2.0B | $3.2B |
| Q1 2025 | 10-Q | Apr 23, 2025 | $6.2B | +9% | 36.1% | $464M | $2.8B |
Charts
In supply chains and themes
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About NextEra Energy
NEE is one of the largest electric power and energy infrastructure companies in North America. As of December 31, 2025, NEE had approximately 80 gigawatts of net generation and storage capacity from a diverse portfolio of assets, primarily including natural gas, wind, solar and nuclear generation facilities and battery storage facilities. NEE has two principal businesses, FPL and NEER. FPL is the largest electric utility in Florida and the U.S. FPL’s strategic focus is centered on investing in generation, storage, transmission and distribution facilities to deliver on its value proposition of keeping customer bills low and delivering high reliability, outstanding customer service and energy from diverse generation sources for the benefit of its more than six million customer accounts. NEER is one of t he largest energy infrastructure developers in the U.S.
In its own words, from its 10-K, filed Feb 13, 2026.
NextEra Energy against its Electric Services peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +2% against the peers' median +13%. Operating margin: 32.4% against the peers' median 26.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| NEE NextEra Energy | Q3 2026 | $8.1B | +2% | 32.4% |
| Southern Power | Q3 2026 | $8.8B | +13% | 33.9% |
| Florida Power & Light | Q2 2026 | $7.5B | +12% | 29.7% |
| CEG Constellation Energy | Q2 2026 | $7.5B | +23% | 7.7% |
| NRG NRG Energy | Q2 2026 | $7.5B | +11% | 13.0% |
| AEP Texas | Q3 2026 | $6.8B | +14% | 26.5% |
| VST Vistra | Q3 2026 | $6.3B | +28% | 26.9% |
| D Dominion Energy | Q3 2026 | $5.6B | +24% | 32.8% |
| AEP American Electric Power | Q2 2026 | $5.4B | +7% | 22.9% |
Source: NextEra Energy 10-Q on SEC EDGAR · CIK 753308 · Electric Services
Guidance and outlook
13F: who owns NEE and who is buying
More on NEE
- How NextEra Energy makes money: revenue by segment
- NextEra Energy stock forecast, price target and fair value
- Who owns NextEra Energy stock: holders, funds and Congress trades
- NextEra Energy guidance and outlook
- Is NextEra Energy a takeover target? LBO and rumors
- NextEra Energy recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results