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NextEra Energy (NEE) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 23, 2026

NextEra Energy (NEE) reported revenue of $6.7B for the first quarter 2026 (Q1 2026), +7% from a year earlier and +3% from the quarter before. Operating margin was 33.0%, net earnings $2.2B (32.6% of revenue).

Revenue$6.7B
Year over year+7%
Quarter over quarter+3%
Operating margin33.0%
Net earnings$2.2B

NextEra Energy, Q1 2026: revenue $6.7B (+7% year over year), operating margin 33.0%, net earnings $2.2B, operating cash flow $2.6B. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$6.7B+3%+7%
Operating profit$2.2B+39%-2%
Net earnings$2.2B+42%+162%
Operating cash flow$2.6B+5%-6%

What changed

Revenue was $6.7B in Q1 2026, up 7% year over year and up 3% from the previous quarter.

Operating profit was $2.2B, a 33.0% margin (down 3.2 points year over year). Operating profit fell $0.05B even though revenue rose $0.45B versus Q1 2025, so costs grew faster than sales. Total costs grew 13% against revenue growth of 7%. Net earnings were $2.2B, up 162% year over year ($1.7B including minority interests, which bore $0.49B of losses). The effective tax rate was -40.8%.

Operating cash flow was $2.6B (down 6% year over year), 155% of net income including minority interests. Non-cash charges added back $1.4B of depreciation and amortization. Working capital and other items used $0.45B. Capital expenditures of $11.1B exceeded it, leaving free cash flow of −$8.4B.

Questions

What was NextEra Energy's revenue in the first quarter 2026?

NextEra Energy (NEE) reported revenue of $6.7B for the first quarter 2026 (Q1 2026), +7% from a year earlier and +3% from the quarter before.

Was NextEra Energy profitable in the first quarter 2026?

Operating profit was $2.2B (33.0% of revenue) and net earnings $2.2B.

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Source: NextEra Energy 10-Q on SEC EDGAR.