# 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.
- Title: NextEra Energy Q3 2026 Earnings Results · The Motley Fool
- Summary: 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…
- Keywords: nextera energy, fpl, energy resources, renewables, storage, battery storage, federal hubs, dominion energy, merger, q3 2026, finance, money
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/21/nextera-energy-nee-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-21T18:37:40+00:00
- Read time: 2 min
- Topics: nextera energy, fpl, energy resources, renewables, storage, battery storage, federal hubs, dominion energy, merger, q3 2026, finance, money
## 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.
## Key takeaway

NextEra Energy's Q3 2026 earnings show 9.7% year-over-year increase in adjusted EPS driven by strong financial performance across business segments.