Filing Flows › Tennessee Valley Authority (TVE) › Q2 FY26 › vs Q1 FY26
Tennessee Valley Authority (TVE) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Tennessee Valley Authority's revenue rose $497M (+16%) from $3.0B in Q1 FY26 to $3.5B in Q2 FY26. Operating margin 20.1% against 18.1% (+2.0 pts).
Tennessee Valley Authority, Q2 FY26: revenue $3.5B (+0.4% year over year), operating margin 20.1%, net earnings $392M, operating cash flow $776M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 20.1% | 18.1% | +2.0 pts |
| Net margin | 11.1% | 8.7% | +2.3 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $3.5B | $3.0B | $497M | +16% |
| Operating profit | $714M | $552M | $162M | +29% |
| Costs & expenses | $2.8B | $2.5B | $335M | +13% |
| Pre-tax earnings | $392M | $266M | $126M | +47% |
| Other expense, net | $322M | $286M | $36.0M | +13% |
| Net earnings | $392M | $266M | $126M | +47% |
| Depreciation & amortization | $517M | $577M | −$60.0M | -10% |
| Working capital & other | $133M | $513M | −$380M | -74% |
| Operating cash flow | $776M | $330M | $446M | +135% |
| Capital expenditures | $852M | $1.1B | −$292M | -26% |
| Negative free cash flow (OCF − capex) | $76.0M | $814M | −$738M | -91% |
Questions
How much did Tennessee Valley Authority's revenue grow quarter over quarter in Q2 FY26?
Tennessee Valley Authority's revenue rose $497M (+16%) from $3.0B in Q1 FY26 to $3.5B in Q2 FY26. Operating margin 20.1% against 18.1% (+2.0 pts).