Eversource Energy (ES) Income Statement

NYSE: ESRevenue, profits, margins and EPS over 10 years.

ES 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue+13.8%
$13.55B
2025 · hover or tap a bar for each year
2016: $7.64B (−4.0%)2017: $7.75B (+1.5%)2018: $8.45B (+9.0%)2019: $8.53B (+0.9%)2020: $8.90B (+4.4%)2021: $9.86B (+10.8%)2022: $12.29B (+24.6%)2023: $11.91B (−3.1%)2024: $11.90B (−0.1%)2025: $13.55B (+13.8%)
20162025
Gross profit+10.2%
$4.08B
2025 · hover or tap a bar for each year
2016: $3.81B (+7.8%)2017: $3.94B (+3.3%)2018: $3.97B (+0.9%)2019: $4.12B (+3.8%)2020: $4.44B (+7.6%)2021: $4.75B (+7.1%)2022: $5.41B (+13.9%)2023: $4.85B (−10.4%)2024: $3.70B (−23.6%)2025: $4.08B (+10.2%)
20162025
Operating income+10.5%
$2.99B
2025 · hover or tap a bar for each year
2016: $1.86B (+5.4%)2017: $1.92B (+3.1%)2018: $1.70B (−11.4%)2019: $1.59B (−6.4%)2020: $1.99B (+25.0%)2021: $1.99B (+0.2%)2022: $2.20B (+10.3%)2023: $2.40B (+9.2%)2024: $2.71B (+12.8%)2025: $2.99B (+10.5%)
20162025
Net income+108.5%
$1.69B
2025 · hover or tap a bar for each year
2016: $942.3M (+7.3%)2017: $988.0M (+4.8%)2018: $1.03B (+4.6%)2019: $909.1M (−12.0%)2020: $1.21B (+32.6%)2021: $1.22B (+1.3%)2022: $1.40B (+15.1%)2023: −$442.2M (−131.5%)2024: $811.7M2025: $1.69B (+108.5%)
20162025
EPS (diluted)+4.1%
$4.77
2025 · hover or tap a bar for each year
2016: $2.96 (+5.0%)2017: $3.11 (+5.1%)2018: $3.27 (+5.1%)2019: $3.45 (+5.5%)2020: $3.65 (+5.8%)2021: $3.87 (+6.0%)2022: $4.09 (+5.7%)2023: $4.33 (+5.9%)2024: $4.58 (+5.8%)2025: $4.77 (+4.1%)
20162025
Net profit margin+5.7 pts
12.5%
2025 · hover or tap a point for each year
2016: 12.3% (+1.3 pts)2017: 12.7% (+0.4 pts)2018: 12.2% (−0.5 pts)2019: 10.7% (−1.6 pts)2020: 13.5% (+2.9 pts)2021: 12.4% (−1.2 pts)2022: 11.4% (−0.9 pts)2023: −3.7% (−15.1 pts)2024: 6.8% (+10.5 pts)2025: 12.5% (+5.7 pts)
20162025

ES revenue and net income

RevenueNet incomeNet margin (right axis)

Where ES's revenue goes

2025
Revenue
$13.55B100.0%
Cost of revenue
−$9.47B−69.9%
Gross profit
$4.08B30.1%
Other operating expenses
−$1.09B−8.1%
Operating income
$2.99B22.1%
Interest & other expense
−$1.15B−8.5%
Income taxes
−$140.3M−1.0%
Net income
$1.69B12.5%

Each bar shows an amount and its share of revenue. ES kept 12.5% of revenue as net income.

ES profit margins

GrossOperatingNet

ES growth rates

to 2025
1 year3 years5 years10 years
Revenue+13.8%+3.3%+8.8%+5.5%
Gross profit+10.2%−9.0%−1.7%+1.4%
Operating income+10.5%+10.8%+8.5%+5.4%
Net income+108.5%+6.4%+7.0%+6.8%
EPS (diluted)+4.1%+5.3%+5.5%+5.4%

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

ES quarterly EPS vs estimates

Reported EPSAnalyst estimate

Eversource beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 3, 2026 (estimate $1.01).

ES income statement

2025202420232022202120202019201820172016
Revenue$13.55B$11.90B$11.91B$12.29B$9.86B$8.90B$8.53B$8.45B$7.75B$7.64B
Cost of revenue$9.47B$8.20B$7.06B$6.88B$5.11B$4.47B$4.40B$4.47B$3.81B$3.82B
Gross profit$4.08B$3.70B$4.85B$5.41B$4.75B$4.44B$4.12B$3.97B$3.94B$3.81B
Research & development———————$0$0$0
Sales, general & admin——$132.9M$219.8M$84.4M$2.77B$2.58B$2.54B$2.43B$18.6M
Total operating expenses$1.09B$997.9M$2.45B$3.21B$2.76B$2.45B$2.53B$2.27B$2.02B$1.95B
Operating income$2.99B$2.71B$2.40B$2.20B$1.99B$1.99B$1.59B$1.70B$1.92B$1.86B
Interest income$1.24B$138.2M$94.2M$678.3M$542.7M$538.5M$477.4M$498.8M$421.8M$401.0M
Interest expense$1.24B$1.11B$855.4M$678.3M$582.3M$538.5M$533.2M$498.8M$421.8M$401.0M
Income before taxes$1.84B$1.24B−$275.0M$1.87B$1.57B$1.56B$1.19B$1.33B$1.57B$1.50B
Income taxes$140.3M$424.7M$159.7M$453.6M$344.2M$346.2M$273.5M$289.0M$578.9M$555.0M
Net income$1.69B$811.7M−$442.2M$1.40B$1.22B$1.21B$909.1M$1.03B$988.0M$942.3M
EBITDA$5.49B$4.13B$1.40B$4.19B$3.49B$3.25B$2.80B$2.90B$2.86B$2.69B
EPS (diluted)$4.77$4.58$4.33$4.09$3.87$3.65$3.45$3.27$3.11$2.96
Gross margin30.1%31.1%40.7%44.0%48.2%49.8%48.4%47.0%50.8%49.9%
Operating margin22.1%22.7%20.1%17.9%20.2%22.3%18.7%20.1%24.7%24.3%
Net margin12.5%6.8%−3.7%11.4%12.4%13.5%10.7%12.2%12.7%12.3%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ES's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

ES financial results

In fiscal year 2025 (ended December 31, 2025), Eversource reported revenue of $13.5 billion, up 13.8% from the year before. It had net income of $1.7 billion (up 108.5%), a net profit margin of 12.5%. Diluted earnings per share came to $4.77. Over five years revenue grew at an average rate of 8.8% a year.

See the ES stock overview for the latest quote and news, or the ES chart for price history and technical indicators.

ES income statement FAQ

What is Eversource's annual revenue?

Eversource reported total revenue of $13.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 13.8% from $11.9 billion the previous year.

Is Eversource profitable?

Yes. Eversource reported net income of $1.7 billion in fiscal 2025, a net profit margin of 12.5%; its operating margin was 22.1%.

What is Eversource's gross margin?

Eversource's gross margin was 30.1% in fiscal 2025: for every $100 of revenue, Eversource kept $30 after the direct cost of its products and services.

How fast is Eversource growing?

Revenue grew 8.8% a year on average over the last five fiscal years, from $8.9 billion to $13.5 billion.

What are Eversource's earnings per share?

Eversource earned $4.77 per diluted share in fiscal 2025, compared with $4.58 a year earlier.

When will Eversource report its next earnings?

Eversource is expected to report results for the quarter ending September 30, 2026 on November 3, 2026.

When does Eversource's fiscal year end?

Eversource's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.

Utilities - Regulated Electric income statements