From The Motley Fool · Motley Fool Transcribing · · 2m
NextEra Energy Q3 2026 Earnings Results
NextEra Energy reports 9.7% higher adjusted earnings per share for Q3 2026 with strong growth in renewables and storage projects.
In brief
NextEra Energy reports 9.7% higher adjusted earnings per share for Q3 2026 with strong growth in renewables and storage projects. NextEra Energy's Q3 2026 earnings show 9.7% year-over-year increase in adjusted EPS driven by strong financial performance across business segments. Originally reported by The Motley Fool.
Q3 2026 Earnings Results
NextEra Energy reported 9.7% year-over-year increase in adjusted earnings per share for Q3 2026.
FPL Net Income Growth
FPL reported $1.62 billion net income, a 12.1% increase from the prior-year quarter.
Energy Resources Earnings
Energy Resources reported $1.247 billion adjusted earnings, a 13% year-over-year increase.
Renewables Backlog
Renewables and storage backlog reached 36.7 gigawatts after adding 3.7 gigawatts in Q3.
Battery Storage Origination
Energy Resources added 2.4 gigawatts of battery storage to its backlog in Q3.
Regulated Capital Employed
FPL's regulatory capital employed increased 9.2% year-over-year with $2.4 billion in quarterly capital expenditures.
Transmission and Gas Portfolio
Transmission and gas portfolio invested $12.7 billion, a 25% increase since December 2025.
Federal Hub Projects
Federal hub projects secured $5.7 billion in initial funding across 16.5 gigawatts of agreements.
FPL Retail Sales
FPL retail sales increased 2.8% year-over-year, or 1.4% on a weather-normalized basis.
Large Load Pipeline
Large load pipeline includes 20 gigawatts of advanced projects, including 18 gigawatts of gas-fired generation.
FPL Large Load Target
FPL targets 8 gigawatts of large load by 2032, up from 6 gigawatts previously.
Renewable Recontracting
Renewable recontracting added 1,400 megawatts at an average premium of $20 per megawatt hour.
Duane Arnold Restart
$1.9 billion loan closed with the Department of Energy to restart Duane Arnold nuclear plant by Q1 2029.
Interest Rate Hedging
Interest rate hedging program covers $48 billion with an average rate of approximately 4%.
Equity Needs
NextEra Energy needs $12 billion to $17 billion in total issuances through 2032 for capital investments.
Dominion Energy Merger
NextEra Energy and Dominion Energy merger includes $5 billion Virginia supplier program and new co-headquarters in Richmond.
The key point
NextEra Energy's Q3 2026 earnings show 9.7% year-over-year increase in adjusted EPS driven by strong financial performance across business segments.
