NextEra Energy, Inc. (NEE) Income Statement
NEE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNEE revenue and net income
Where NEE's revenue goes
2025Each bar shows an amount and its share of revenue. NEE kept 24.9% of revenue as net income.
NEE profit margins
NEE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.0% | +9.4% | +8.8% | +4.6% |
| Gross profit | +16.1% | +19.4% | +10.0% | +6.9% |
| Operating income | +10.7% | +26.6% | +10.1% | +6.0% |
| Net income | −1.6% | +18.1% | +18.5% | +9.5% |
| EPS (diluted) | +8.2% | +8.4% | +9.8% | +10.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NEE quarterly EPS vs estimates
NextEra Energy beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 21, 2026 (estimate $1.19).
NEE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.48B | $24.75B | $28.11B | $20.96B | $17.07B | $18.00B | $19.20B | $16.73B | $17.17B | $16.14B |
| Cost of revenue | $10.22B | $9.89B | $10.14B | $10.82B | $8.48B | $7.29B | $8.00B | $7.06B | $7.53B | $7.52B |
| Gross profit | $17.25B | $14.87B | $17.98B | $10.14B | $8.59B | $10.71B | $11.20B | $9.66B | $9.64B | $8.62B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | — | — | — | $5.98B | $5.68B | $5.11B | $4.93B | $4.76B | $344.0M | $1.35B |
| Total operating expenses | $8.97B | $7.39B | $7.74B | $6.58B | $5.72B | $5.59B | $5.85B | $5.38B | $4.47B | $4.16B |
| Operating income | $8.28B | $7.48B | $10.24B | $4.08B | $3.89B | $5.12B | $5.35B | $4.28B | $5.17B | $4.46B |
| Interest income | $4.47B | $2.21B | $3.69B | $763.0M | $267.0M | $38.0M | $54.0M | $51.0M | $81.0M | $82.0M |
| Interest expense | $4.57B | $2.23B | $3.32B | $585.0M | $1.27B | $1.95B | $2.25B | $1.50B | $1.56B | $1.10B |
| Income before taxes | $4.53B | $6.04B | $7.29B | $3.83B | $3.17B | $2.41B | $3.84B | $7.35B | $4.66B | $4.38B |
| Income taxes | −$802.0M | $339.0M | $1.01B | $586.0M | $348.0M | $44.0M | $448.0M | $1.58B | −$660.0M | $1.38B |
| Net income | $6.83B | $6.95B | $7.31B | $4.15B | $3.57B | $2.92B | $3.77B | $6.64B | $5.38B | $2.91B |
| EBITDA | $16.04B | $14.03B | $16.76B | $8.95B | $8.10B | $8.68B | $10.56B | $13.00B | $8.86B | $8.90B |
| EPS (diluted) | $3.71 | $3.43 | $3.18 | $2.91 | $2.54 | $2.32 | $2.10 | $1.94 | $1.68 | $1.50 |
| Gross margin | 62.8% | 60.1% | 63.9% | 48.4% | 50.3% | 59.5% | 58.3% | 57.8% | 56.2% | 53.4% |
| Operating margin | 30.1% | 30.2% | 36.4% | 19.5% | 22.8% | 28.4% | 27.9% | 25.6% | 30.1% | 27.6% |
| Net margin | 24.9% | 28.1% | 26.0% | 19.8% | 20.9% | 16.2% | 19.6% | 39.7% | 31.3% | 18.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.53B | $6.96B | $6.56B | $7.97B | $6.70B | $6.25B | $5.38B | $7.57B | $6.07B | $5.73B | $6.88B | $7.17B |
| Cost of revenue | $1.37B | $1.33B | $2.79B | $2.69B | $2.40B | $2.34B | $2.41B | $2.70B | $2.45B | $2.33B | $2.47B | $2.75B |
| Gross profit | $6.16B | $5.63B | $3.77B | $5.28B | $4.30B | $3.91B | $2.98B | $4.87B | $3.62B | $3.40B | $4.41B | $4.42B |
| Total operating expenses | $3.92B | $3.42B | $2.19B | $2.75B | $2.38B | $1.65B | $2.04B | $2.01B | $1.95B | $1.39B | $1.75B | $2.59B |
| Operating income | $2.24B | $2.21B | $1.59B | $2.53B | $1.91B | $2.26B | $941.0M | $2.86B | $1.67B | $2.01B | $2.66B | $1.84B |
| Interest income | — | — | $451.0M | $818.0M | $710.0M | $2.49B | $130.0M | $1.47B | — | — | — | $1.05B |
| Interest expense | $487.0M | $1.29B | $586.0M | $1.15B | $1.06B | $1.77B | $725.0M | $1.82B | $820.0M | $323.0M | $1.98B | $26.0M |
| Income before taxes | $2.54B | $1.20B | $1.32B | $1.89B | $1.38B | −$57.0M | $1.04B | $1.60B | $1.23B | $2.16B | $1.08B | $973.0M |
| Income taxes | −$84.0M | −$489.0M | $225.0M | −$250.0M | −$256.0M | −$521.0M | $171.0M | $5.0M | −$64.0M | $227.0M | $168.0M | −$46.0M |
| Net income | $3.14B | $2.18B | $1.53B | $2.44B | $2.03B | $833.0M | $1.20B | $1.85B | $1.62B | $2.27B | $1.21B | $1.22B |
| EBITDA | $4.90B | $3.95B | $3.62B | $5.13B | $4.30B | $2.89B | $1.90B | $5.13B | $3.52B | $3.48B | $4.74B | $3.02B |
| EPS (diluted) | $1.15 | $1.09 | $0.54 | $1.13 | $1.05 | $0.99 | $0.53 | $1.03 | $0.96 | $0.91 | $0.52 | $0.94 |
| Gross margin | 81.8% | 80.9% | 57.5% | 66.2% | 64.1% | 62.6% | 55.3% | 64.3% | 59.6% | 59.4% | 64.1% | 61.7% |
| Operating margin | 29.7% | 31.7% | 24.2% | 31.7% | 28.5% | 36.1% | 17.5% | 37.7% | 27.5% | 35.1% | 38.7% | 25.6% |
| Net margin | 41.7% | 31.4% | 23.4% | 30.6% | 30.3% | 13.3% | 22.3% | 24.5% | 26.7% | 39.6% | 17.6% | 17.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NEE's financial statements (latest annual report filed February 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NEE financial results
In fiscal year 2025 (ended December 31, 2025), NextEra Energy reported revenue of $27.5 billion, up 11.0% from the year before. It had net income of $6.8 billion (down 1.6%), a net profit margin of 24.9%. Diluted earnings per share came to $3.71. Over five years revenue grew at an average rate of 8.8% a year.
See the NEE stock overview for the latest quote and news, or the NEE chart for price history and technical indicators.
NEE income statement FAQ
What is NextEra Energy's annual revenue?
NextEra Energy reported total revenue of $27.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 11.0% from $24.8 billion the previous year.
Is NextEra Energy profitable?
Yes. NextEra Energy reported net income of $6.8 billion in fiscal 2025, a net profit margin of 24.9%; its operating margin was 30.1%.
What is NextEra Energy's gross margin?
NextEra Energy's gross margin was 62.8% in fiscal 2025: for every $100 of revenue, NextEra Energy kept $63 after the direct cost of its products and services.
How fast is NextEra Energy growing?
Revenue grew 8.8% a year on average over the last five fiscal years, from $18.0 billion to $27.5 billion.
What are NextEra Energy's earnings per share?
NextEra Energy earned $3.71 per diluted share in fiscal 2025, compared with $3.43 a year earlier.
When will NextEra Energy report its next earnings?
NextEra Energy is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 before the market opens.
When does NextEra Energy's fiscal year end?
NextEra Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 13, 2026.
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