Financials

NextEra Energy Inc. financials

NEE Electric Utilities

NextEra Energy Inc. is an American clean energy company that combines regulated utility operations through Florida Power & Light with extensive renewable energy projects. Headquartered in Juno Beach, Florida, it serves millions of customers and leads in the development of wind, solar, and battery storage technologies. Under CEO James L. Robo, the company leverages operational efficiency and strategic investments to maintain its position as the world’s largest renewable energy generator. Its forward-thinking investments and growth initiatives underscore its commitment to expanding its clean energy portfolio amid evolving industry challenges.

Snapshot

NextEra Energy Inc. reported $27.41B in revenue in fiscal 2025, up 10.7% year over year, with an operating margin of 30.2%.

Revenue (FY2025): $27.41B
YoY growth: +10.7%
Operating margin: 30.2%
Direction: Expanding

Financial statements

In thousands, USD · annual

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenues	27,412,000	24,753,000	28,114,000	20,956,000
Fuel and Purchased Power Expense	4,944,000	5,029,000	5,457,000	6,389,000
Operations and Maintenance Expenses	5,399,000	4,857,000	4,681,000	4,428,000
Gross Profit	17,069,000	14,867,000	17,976,000	10,139,000
Depreciation & Amortization Expenses	6,580,000	5,462,000	5,879,000	4,503,000
Taxes Other than Income Tax	2,469,000	2,278,000	2,265,000	2,077,000
Net Gains on Disposal of Operating Assets	260,000	352,000	405,000	522,000
Operating Profit	8,280,000	7,479,000	10,237,000	4,081,000
Interest and Investment Income	(3,000)	(48,000)	(487,000)	315,000
Interest Expense	(4,572,000)	(2,235,000)	(3,324,000)	(585,000)
Non-Operating Income	825,000	841,000	862,000	943,000
Total Non-Operating Income	(3,750,000)	(1,442,000)	(2,949,000)	(249,000)
Income Before Provision for Income Taxes	4,530,000	6,037,000	7,288,000	3,832,000
Provision for Income Taxes	(802,000)	339,000	1,006,000	586,000
Consolidated Net Income	5,332,000	5,698,000	6,282,000	3,246,000
Net Income Attributable to Minority Interests and Other	(1,503,000)	(1,248,000)	(1,028,000)	(901,000)
Net Income Attributable to Common Shareholders	6,835,000	6,946,000	7,310,000	4,147,000
Basic EPS	3.31	3.38	3.61	2.10
Diluted EPS	3.30	3.37	3.60	2.10
Basic Weighted Average Shares Outstanding	2,064,500	2,052,900	2,026,100	1,972,600
Diluted Weighted Average Shares Outstanding	2,070,600	2,059,200	2,030,800	1,978,600
Shares Outstanding	2,083,000	2,057,000	2,052,000	1,987,000

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Cash and Cash Equivalents	2,812,000	1,487,000	2,690,000	1,601,000
Total Cash and Cash Equivalents	2,812,000	1,487,000	2,690,000	1,601,000
Accounts Receivable	4,018,000	3,336,000	3,609,000	4,349,000
Other Receivables	1,733,000	1,180,000	944,000	744,000
Total Trade Receivables	5,751,000	4,516,000	4,553,000	5,093,000
Inventories	2,420,000	2,214,000	2,106,000	1,934,000
Short-Term Regulatory Assets	433,000	1,417,000	1,460,000	2,165,000
Other Current Assets	2,168,000	2,317,000	4,552,000	2,697,000
Total Current Assets	13,584,000	11,951,000	15,361,000	13,490,000
Net Property, Plant & Equipment	156,197,000	138,852,000	125,776,000	111,059,000
Special Use Funds	10,954,000	9,800,000	8,698,000	7,496,000
Goodwill	4,849,000	4,866,000	5,091,000	4,854,000
Long-Term Investments	5,528,000	6,118,000	6,156,000	6,582,000
Long-Term Regulatory Assets	5,639,000	4,828,000	4,801,000	5,992,000
Other Long-Term Assets	15,970,000	13,729,000	11,606,000	9,462,000
Total Assets	212,721,000	190,144,000	177,489,000	158,935,000
Accounts Payable	7,583,000	6,982,000	8,504,000	8,312,000
Accrued Expenses	4,151,000	3,362,000	2,831,000	2,479,000
Short-Term Debt	2,563,000	1,887,000	4,905,000	3,077,000
Current Portion of Long-Term Debt	3,500,000	8,061,000	6,901,000	6,633,000
Unearned Revenue	709,000	694,000	638,000	560,000
Short-Term Regulatory Liabilities	356,000	279,000	340,000	350,000
Other Current Liabilities	3,955,000	4,090,000	3,844,000	5,284,000
Total Current Liabilities	22,817,000	25,355,000	27,963,000	26,695,000
Long-Term Debt	89,556,000	72,385,000	61,405,000	55,256,000
Long-Term Regulatory Liabilities	11,474,000	10,635,000	10,049,000	9,626,000
Other Long-Term Liabilities	22,395,000	20,908,000	19,048,000	17,922,000
Total Long-Term Liabilities	123,425,000	103,928,000	90,502,000	82,804,000
Total Liabilities	146,242,000	129,283,000	118,465,000	109,499,000
Common Stock	21,000	21,000	21,000	20,000
Additional Paid-in Capital	19,494,000	17,260,000	17,365,000	12,720,000
Accumulated Other Comprehensive Income	(9,000)	(126,000)	(153,000)	(218,000)
Retained Earnings	35,102,000	32,946,000	30,235,000	26,707,000
Total Common Shareholders' Equity	54,608,000	50,101,000	47,468,000	39,229,000
Minority Interests and Other	11,871,000	10,760,000	11,556,000	10,207,000
Total Shareholders' Equity	66,479,000	60,861,000	59,024,000	49,436,000
Total Liabilities and Shareholders' Equity	212,721,000	190,144,000	177,489,000	158,935,000

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Net Income	5,332,000	5,698,000	6,282,000	3,246,000
Depreciation & Amortization	6,941,000	5,761,000	6,151,000	4,790,000
Other Adjustments	585,000	1,641,000	261,000	(186,000)
Changes in Other Operating Activities	(373,000)	160,000	(1,393,000)	413,000
Cash from Operating Activities	12,485,000	13,260,000	11,301,000	8,262,000
Capital Expenditure	(8,721,000)	(8,115,000)	(9,363,000)	(9,519,000)
Purchases of Investments	(21,225,000)	(21,838,000)	(21,491,000)	(14,127,000)
Proceeds from Sale of Investments	6,516,000	8,104,000	6,758,000	5,421,000
Proceeds from Business Divestments	—	—	924,000	—
Other Investing Activities	(435,000)	(415,000)	(295,000)	(134,000)
Cash from Investing Activities	(23,865,000)	(22,264,000)	(23,467,000)	(18,359,000)
Issuance of Short-Term Debt	2,558,000	6,575,000	1,980,000	1,755,000
Repayments of Short-Term Debt	(2,167,000)	(6,613,000)	(2,613,000)	(1,125,000)
Net Issuance / (Repayments) of Short-Term Debt	391,000	(38,000)	(633,000)	630,000
Issuance of Long-Term Debt	23,394,000	24,769,000	13,857,000	13,856,000
Repayments of Long-Term Debt	(10,347,000)	(10,113,000)	(7,978,000)	(4,525,000)
Net Issuance / (Repayments) of Long-Term Debt	13,047,000	14,656,000	5,879,000	9,331,000
Issuance of Common Shares	2,038,000	48,000	4,514,000	—
Net Issuance / (Repurchases) of Common Shares	2,038,000	48,000	4,514,000	—
Common Share Dividends Paid	(4,680,000)	(4,235,000)	(3,782,000)	(3,352,000)
Other Financing Activities	2,183,000	(3,431,000)	6,171,000	5,620,000
Cash from Financing Activities	12,979,000	7,000,000	12,149,000	12,229,000
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5,000	(14,000)	(4,000)	—
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash	1,604,000	(2,018,000)	(21,000)	2,132,000

Quarterly trend

last 8 quarters

Quarter	Revenue	YoY growth	Operating margin	Operating income
Q1 2026	$6.70B	+7.3%	33.0%	$2.21B
Q4 2025	$6.50B	+20.7%	24.4%	$1.59B
Q3 2025	$7.97B	+5.3%	31.7%	$2.53B
Q2 2025	$6.70B	+10.4%	28.5%	$1.91B
Q1 2025	$6.25B	—	36.1%	$2.26B
Q4 2024	$5.38B	—	17.5%	$941M
Q3 2024	$7.57B	—	37.7%	$2.86B
Q2 2024	$6.07B	—	27.5%	$1.67B

Revenue by quarter$M

$6.07B

Q2 '24

$7.57B

Q3 '24

$5.38B

Q4 '24

$6.25B

Q1 '25

$6.70B

Q2 '25

$7.97B

Q3 '25

$6.50B

Q4 '25

$6.70B

Q1 '26

62.3%

Gross margin

30.2%

Operating margin

19.5%

Net margin

SourceCompany financial filings (income statement, balance sheet, cash flow) Last updated2026-06-12

Snapshot

Financial statements

Quarterly trend

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