Filing Flows › NextEra Energy (NEE) › Q4 2025
NextEra Energy (NEE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 13, 2026
NextEra Energy (NEE) reported revenue of $6.5B for the fourth quarter 2025 (Q4 2025), +21% from a year earlier and -18% from the quarter before. Operating margin was 24.4%, net earnings $1.5B (23.6% of revenue).
NextEra Energy, Q4 2025: revenue $6.5B (+21% year over year), operating margin 24.4%, net earnings $1.5B, operating cash flow $2.5B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.5B | -18% | +21% |
| Operating profit | $1.6B | -37% | +69% |
| Net earnings | $1.5B | -37% | +28% |
| Operating cash flow | $2.5B | -38% | +26% |
What changed
Revenue was $6.5B in Q4 2025, up 21% year over year and down 18% from the previous quarter.
Operating profit was $1.6B, a 24.4% margin (up 6.9 points year over year). Of the extra revenue versus a year earlier, 58% reached operating profit, above the 17% margin then. Total costs grew 11% against revenue growth of 21%. Net earnings were $1.5B, up 28% year over year ($1.1B including minority interests, which bore $0.44B of losses). The effective tax rate was 17.1%.
Operating cash flow was $2.5B (up 26% year over year), 229% of net income including minority interests. Non-cash charges added back $1.6B of depreciation and amortization. Working capital and other items used $0.21B. Capital expenditures of $5.3B exceeded it, leaving free cash flow of −$2.8B.
Questions
What was NextEra Energy's revenue in the fourth quarter 2025?
NextEra Energy (NEE) reported revenue of $6.5B for the fourth quarter 2025 (Q4 2025), +21% from a year earlier and -18% from the quarter before.
Was NextEra Energy profitable in the fourth quarter 2025?
Operating profit was $1.6B (24.4% of revenue) and net earnings $1.5B.
Source: NextEra Energy 10-K on SEC EDGAR.