NextEra Energy Inc (NEE) financial statements: income statement, balance sheet and cash flow

NextEra Energy Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), NextEra Energy Inc reported revenue of $27.4B (+10.7% year on year) and net income of $6.8B (-1.6% year on year).

Income statement

NextEra Energy Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
OPERATING REVENUES	$27.4B	$24.8B	$28.1B	$21.0B
Fuel, purchased power and interchange	$4.9B	$5.0B	$5.5B	$6.4B
Other operations and maintenance	$5.4B	$4.9B	$4.7B	$4.4B
Depreciation and amortization	$6.6B	$5.5B	$5.9B	$4.5B
Taxes other than income taxes and other – net	$2.5B	$2.3B	$2.3B	$2.1B
Total operating expenses – net	$19.4B	$17.6B	$18.3B	$17.4B
GAINS ON DISPOSAL OF BUSINESSES/ASSETS – NET	$260.0M	$352.0M	$405.0M	$522.0M
OPERATING INCOME	$8.3B	$7.5B	$10.2B	$4.1B
Interest Expense	($4.6B)	($2.2B)	($3.3B)	($585.0M)
Equity in earnings (losses) of equity method investees	($184.0M)	($246.0M)	($648.0M)	$203.0M
Allowance for equity funds used during construction	$181.0M	$198.0M	$161.0M	$112.0M
Gains on disposal of investments and other property – net	$179.0M	$163.0M	$125.0M	$80.0M
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net	$107.0M	$107.0M	$159.0M	($461.0M)
Other net periodic benefit income	$267.0M	$235.0M	$245.0M	$202.0M
Other – net	$272.0M	$336.0M	$333.0M	$200.0M
Total other income (deductions) – net	($3.8B)	($1.4B)	($2.9B)	($249.0M)
INCOME BEFORE INCOME TAXES	$4.5B	$6.0B	$7.3B	$3.8B
INCOME TAX EXPENSE (BENEFIT)	($802.0M)	$339.0M	$1.0B	$586.0M
NET INCOME	$5.3B	$5.7B	$6.3B	$3.2B
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS	($1.5B)	($1.2B)	$1.0B	$901.0M
NET INCOME ATTRIBUTABLE TO NEE	$6.8B	$6.9B	$7.3B	$4.1B
Basic	$3.31	$3.38	$3.61	$2.10
Assuming dilution	$3.30	$3.37	$3.60	$2.10

NextEra Energy Inc income statement, quarters

Line item	Sep 30, 2026 · Q3	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3
OPERATING REVENUES	$8.1B	$7.5B	$6.7B	$8.0B
Fuel, purchased power and interchange	$1.7B	$1.4B	$1.3B	$1.4B
Other operations and maintenance	$1.4B	$1.5B	$1.4B	$1.4B
Merger-related expenses	$19.0M	$32.0M	—	—
Depreciation and amortization	$1.7B	$1.8B	$1.4B	$2.1B
Taxes other than income taxes and other – net	$713.0M	$667.0M	$628.0M	$653.0M
Total operating expenses – net	$5.5B	$5.3B	$4.8B	$5.6B
GAINS ON DISPOSAL OF BUSINESSES/ASSETS – NET	$44.0M	($7.0M)	$257.0M	$143.0M
OPERATING INCOME	$2.6B	$2.2B	$2.2B	$2.5B
Interest expense	$1.9B	($487.0M)	($1.3B)	($1.2B)
Equity in earnings (losses) of equity method investees	$293.0M	$333.0M	$171.0M	$204.0M
Allowance for equity funds used during construction	$65.0M	$59.0M	$52.0M	$48.0M
Gains on disposal of investments and other property – net	$44.0M	$103.0M	$0	$68.0M
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net	($50.0M)	$190.0M	($60.0M)	$63.0M
Other net periodic benefit income	$71.0M	$23.0M	$71.0M	$67.0M
Other – net	$53.0M	$79.0M	$44.0M	$61.0M
Total other income (deductions) – net	$2.4B	$300.0M	($1.0B)	($642.0M)
INCOME BEFORE INCOME TAXES	$5.0B	$2.5B	$1.2B	$1.9B
INCOME TAX EXPENSE (BENEFIT)	$662.0M	($84.0M)	($489.0M)	($250.0M)
NET INCOME	$4.4B	$2.6B	$1.7B	$2.1B
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS	$408.0M	$522.0M	$494.0M	$303.0M
Net income (loss) attributable to NEE	$4.8B	$3.1B	$2.2B	$2.4B
Basic (in dollars per share)	$2.29	$1.51	$1.05	$1.18
Assuming dilution (in dollars per share)	$2.28	$1.50	$1.04	$1.18

Balance sheet

NextEra Energy Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$2.8B	$1.5B	$2.7B	$1.6B
Customer receivables, net	$4.0B	$3.3B	$3.6B	$4.3B
Other receivables	$1.7B	$1.2B	$944.0M	$744.0M
Materials, supplies and fuel inventory	$2.4B	$2.2B	$2.1B	$1.9B
Regulatory assets	$433.0M	$1.4B	$1.5B	$2.2B
Derivatives	$997.0M	$879.0M	$1.7B	$1.6B
Other	$1.2B	$1.2B	$1.3B	$1.1B
Total current assets	$13.6B	$12.0B	$15.4B	$13.5B
Property, plant and equipment – net	$156.2B	$138.9B	$125.8B	$111.1B
Electric utility plant and other property – net	$81.8B	$76.2B	$70.6B	$64.7B
Special use funds	$11.0B	$9.8B	$8.7B	$7.5B
Investment in equity method investees	$5.5B	$6.1B	$6.2B	$6.6B
Prepaid benefit costs	$2.9B	$2.5B	$2.1B	$1.8B
Regulatory assets	$5.6B	$4.8B	$4.8B	$6.0B
Derivatives	$2.0B	$1.8B	$1.8B	$1.9B
Goodwill	$4.8B	$4.9B	$5.1B	$4.9B
Other	$11.1B	$9.5B	$7.7B	$5.7B
Total other assets	$199.1B	$178.2B	$162.1B	$145.4B
TOTAL ASSETS	$212.7B	$190.1B	$177.5B	$158.9B
Commercial paper	$2.0B	$1.7B	$4.7B	$1.7B
Other short-term debt	$608.0M	$217.0M	$255.0M	$1.4B
Current portion of long-term debt	$3.5B	$8.1B	$6.9B	$6.6B
Accounts payable	$7.6B	$7.0B	$8.5B	$8.3B
Customer deposits	$709.0M	$694.0M	$638.0M	$560.0M
Accrued interest and taxes	$1.2B	$1.0B	$970.0M	$719.0M
Derivatives	$1.1B	$1.1B	$845.0M	$2.1B
Accrued construction-related expenditures	$3.0B	$2.3B	$1.9B	$1.8B
Regulatory liabilities	$356.0M	$279.0M	$340.0M	$350.0M
Other	$2.8B	$3.0B	$3.0B	$3.2B
Total current liabilities	$22.8B	$25.4B	$28.0B	$26.7B
Long-term debt	$89.6B	$72.4B	$61.4B	$55.3B
Asset retirement obligations	$3.7B	$3.7B	$3.4B	$3.2B
Deferred income taxes	$12.4B	$11.7B	$10.1B	$9.1B
Regulatory liabilities	$11.5B	$10.6B	$10.0B	$9.6B
Derivatives	$2.1B	$2.0B	$2.7B	$2.9B
Other	$4.2B	$3.5B	$2.8B	$2.7B
Total other liabilities and deferred credits	$123.4B	$103.9B	$90.5B	$82.8B
TOTAL LIABILITIES	$146.2B	$129.3B	$118.5B	$109.5B
REDEEMABLE NONCONTROLLING INTERESTS – VIEs	$0	$401.0M	$1.3B	$1.1B
Common stock	$21.0M	$21.0M	$21.0M	$20.0M
Additional paid-in capital	$19.5B	$17.3B	$17.4B	$12.7B
Retained earnings	$35.1B	$32.9B	$30.2B	$26.7B
Accumulated other comprehensive loss	($9.0M)	($126.0M)	($153.0M)	($218.0M)
Total common shareholders' equity	$54.6B	$50.1B	$47.5B	$39.2B
Noncontrolling interests	$11.9B	$10.4B	$10.3B	$9.1B

NextEra Energy Inc balance sheet, quarters

Line item	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025
Cash and cash equivalents	$5.6B	$2.9B	$2.0B	$2.4B
Customer receivables, net of allowances	$4.8B	$4.7B	$4.1B	$3.9B
Other receivables	$1.5B	$2.2B	$2.2B	$1.5B
Materials, supplies and fuel inventory	$2.8B	$2.6B	$2.6B	$2.4B
Regulatory assets	$239.0M	$349.0M	$448.0M	$376.0M
Derivatives	$2.3B	$1.4B	$1.2B	$853.0M
Other	$1.3B	$1.4B	$1.3B	$1.2B
Total current assets	$18.6B	$15.5B	$13.9B	$12.7B
Electric utility plant and other property – net	$87.4B	$85.9B	$84.1B	$80.5B
Property, plant and equipment – net	$177.1B	$170.5B	$162.4B	$150.0B
Special use funds	$11.7B	$11.7B	$10.7B	$10.8B
Investment in equity method investees	$6.1B	$6.0B	$6.0B	$5.5B
Prepaid benefit costs	$3.0B	$2.9B	$2.9B	$2.7B
Regulatory assets	$7.2B	$7.3B	$7.2B	$5.2B
Derivatives	$3.9B	$2.0B	$1.8B	$1.8B
Goodwill	$5.2B	$5.2B	$5.2B	$4.8B
Other	$12.4B	$11.8B	$11.4B	$10.9B
Total other assets	$226.5B	$217.3B	$207.6B	$191.7B
TOTAL ASSETS	$245.1B	$232.8B	$221.4B	$204.4B
Commercial paper	$3.7B	$1.7B	$5.4B	$4.3B
Other short-term debt	$4.3B	$4.3B	$1.3B	$1.1B
Current portion of long-term debt	$8.8B	$5.4B	$3.8B	$3.6B
Accounts payable	$7.5B	$6.6B	$5.7B	$5.0B
Customer deposits	$1.2B	$1.2B	$731.0M	$702.0M
Accrued interest and taxes	$2.1B	$1.9B	$1.4B	$1.8B
Derivatives	$1.1B	$1.0B	$1.2B	$1.1B
Accrued construction-related expenditures	$2.7B	$3.3B	$2.9B	$2.3B
Regulatory liabilities	$489.0M	$398.0M	$294.0M	$408.0M
Other	$3.2B	$3.2B	$2.9B	$2.6B
Total current liabilities	$35.1B	$29.0B	$25.6B	$22.9B
Long-term debt	$97.1B	$98.8B	$93.9B	$84.2B
Asset retirement obligations	$3.9B	$3.8B	$3.7B	$3.8B
Deferred income taxes	$14.3B	$13.4B	$13.1B	$11.6B
Regulatory liabilities	$13.3B	$13.1B	$12.1B	$10.9B
Derivatives	$1.7B	$1.7B	$1.8B	$2.4B
Other	$5.2B	$4.9B	$4.5B	$4.1B
Total other liabilities and deferred credits	$135.6B	$135.7B	$129.2B	$116.8B
TOTAL LIABILITIES	$170.7B	$164.6B	$154.8B	$139.8B
REDEEMABLE NONCONTROLLING INTERESTS	$1.5B	$64.0M	—	$0
Common stock	$21.0M	$21.0M	$21.0M	$21.0M
Additional paid-in capital	$20.3B	$19.3B	$19.3B	$19.5B
Retained earnings	$41.3B	$37.8B	$36.0B	$34.7B
Accumulated other comprehensive loss	($113.0M)	($48.0M)	($34.0M)	($72.0M)
Total common shareholders' equity	$61.5B	$57.1B	$55.2B	$54.2B
Noncontrolling interests	$11.4B	$11.0B	$11.4B	$10.4B

Cash flow statement

NextEra Energy Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	$5.3B	$5.7B	$6.3B	$3.2B
Depreciation and amortization	$6.6B	$5.5B	$5.9B	$4.5B
Nuclear fuel and other amortization	$361.0M	$299.0M	$272.0M	$287.0M
Unrealized losses (gains) on marked to market derivative contracts – net	$199.0M	($492.0M)	($1.9B)	$1.4B
Unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds – net	($107.0M)	($107.0M)	($159.0M)	$461.0M
Foreign currency transaction losses (gains)	$110.0M	($85.0M)	$92.0M	($104.0M)
Deferred income taxes	$453.0M	$1.3B	$708.0M	$534.0M
Cost recovery clauses and franchise fees	($89.0M)	$1.0B	$1.1B	($1.5B)
Equity in losses of equity method investees	$184.0M	$246.0M	$648.0M	($203.0M)
Distributions of earnings from equity method investees	$446.0M	$811.0M	$712.0M	$541.0M
Gains on disposal of businesses, assets and investments – net	($439.0M)	($515.0M)	($530.0M)	($602.0M)
Recoverable storm-related costs	($460.0M)	($676.0M)	($399.0M)	($811.0M)
Other – net	$288.0M	$135.0M	$34.0M	$85.0M
Current assets	($920.0M)	($382.0M)	$58.0M	($1.3B)
Noncurrent assets	($440.0M)	($473.0M)	($408.0M)	($89.0M)
Current liabilities	$487.0M	$767.0M	($1.1B)	$1.7B
Noncurrent liabilities	$500.0M	$248.0M	$66.0M	$139.0M
Net cash provided by operating activities	$12.5B	$13.3B	$11.3B	$8.3B
Capital expenditures of FPL	($8.7B)	($8.0B)	($9.3B)	($9.1B)
Capital expenditures	($8.7B)	($8.0B)	($9.3B)	($9.1B)
Independent power and other investments of NEER	($15.3B)	($16.2B)	($15.6B)	($9.5B)
Nuclear fuel purchases	($553.0M)	($399.0M)	($185.0M)	($223.0M)
Other capital expenditures	($2.0M)	($123.0M)	($61.0M)	($452.0M)
Proceeds from the sale of Florida City Gas business	$0	$0	$924.0M	—
Sale of independent power and other investments of NEER	$1.1B	$2.7B	$1.9B	$1.6B
Proceeds from sale or maturity of securities in special use funds and other investments	$5.4B	$5.4B	$4.9B	$3.9B
Purchases of securities in special use funds and other investments	($5.9B)	($5.6B)	($5.9B)	($4.6B)
Other – net	$118.0M	($16.0M)	($110.0M)	$89.0M
Net cash used in investing activities	($23.9B)	($22.3B)	($23.5B)	($18.4B)
Issuances of long-term debt, including premiums and discounts	$23.4B	$24.8B	$13.9B	$13.9B
Retirements of long-term debt	($10.3B)	($10.1B)	($8.0B)	($4.5B)
Proceeds from differential membership investors	$3.3B	$2.3B	$2.7B	$4.2B
Payments to differential membership investors	($516.0M)	($740.0M)	—	—
Net change in commercial paper	$285.0M	($3.0B)	$2.9B	$327.0M
Proceeds from other short-term debt	$2.6B	$6.6B	$2.0B	$1.8B
Repayments of other short-term debt	($2.2B)	($6.6B)	($2.6B)	($1.1B)
Cash swept from (repayments to) related parties – net	($131.0M)	($1.4B)	$1.2B	$240.0M
Issuances of common stock/equity units	$2.0B	$48.0M	$4.5B	$1.5B
Capital contributions from NEE	$0	$3.4B	$0	$3.6B
Dividends on common stock	($4.7B)	($4.2B)	($3.8B)	($3.4B)
Other – net	($731.0M)	($597.0M)	($728.0M)	($565.0M)
Net cash provided by (used in) financing activities	$13.0B	$7.0B	$12.1B	$12.2B
Effects of currency translation on cash, cash equivalents and restricted cash	$5.0M	($14.0M)	($4.0M)	($7.0M)
Net increase (decrease) in cash, cash equivalents and restricted cash	$1.6B	($2.0B)	($21.0M)	$2.1B
Cash, cash equivalents and restricted cash at beginning of year	$1.4B	$3.4B	$3.4B	$1.3B

NextEra Energy Inc cash flow statement, quarters

Line item	Sep 30, 2026 · YTD	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD
Net Income (loss)	$8.7B	$4.3B	$1.7B	$4.2B
Depreciation and amortization	$4.8B	$3.1B	$1.4B	$5.0B
Nuclear fuel and other amortization	$350.0M	$210.0M	$91.0M	$262.0M
Unrealized losses (gains) on marked to market derivative contracts – net	($3.6B)	($672.0M)	$16.0M	$799.0M
Foreign currency transaction losses (gains)	($320.0M)	($285.0M)	($138.0M)	$27.0M
Deferred income taxes	$1.7B	$619.0M	$409.0M	($460.0M)
Cost recovery clauses and franchise fees	$270.0M	($7.0M)	($201.0M)	($17.0M)
Equity in losses (earnings) of equity method investees	($796.0M)	($504.0M)	($171.0M)	$266.0M
Distributions of earnings from equity method investees	$366.0M	$213.0M	$100.0M	$353.0M
Gains on disposal of businesses, assets and investments – net	($441.0M)	($353.0M)	($257.0M)	($366.0M)
Recoverable storm-related costs	($24.0M)	($19.0M)	($16.0M)	($418.0M)
Other – net	$382.0M	$262.0M	$312.0M	$237.0M
Current assets	($755.0M)	($858.0M)	($368.0M)	($675.0M)
Noncurrent assets	($323.0M)	($222.0M)	($114.0M)	($346.0M)
Current liabilities	$1.7B	$1.2B	($288.0M)	$806.0M
Noncurrent liabilities	$386.0M	$232.0M	$180.0M	$315.0M
Net cash provided by operating activities	$12.3B	$7.3B	$2.6B	$10.0B
Capital expenditures	($8.2B)	($5.8B)	($3.0B)	($6.7B)
Capital expenditures of FPL	($8.2B)	($5.8B)	($3.0B)	($6.7B)
Independent power and other investments of NEER	($19.0B)	($13.3B)	($7.9B)	($12.3B)
Nuclear fuel purchases	($341.0M)	($263.0M)	($144.0M)	($311.0M)
Other capital expenditures	($9.0M)	($8.0M)	($4.0M)	($5.0M)
Sale of independent power and other investments of NEER	$665.0M	$448.0M	$340.0M	$999.0M
Proceeds from sale or maturity of securities in special use funds	$4.6B	$3.3B	$1.5B	$4.2B
Purchases of securities in special use funds	($4.8B)	($3.5B)	($1.6B)	($4.6B)
Other – net	$75.0M	$58.0M	$45.0M	$49.0M
Net cash used in investing activities	($27.0B)	($19.1B)	($10.8B)	($18.7B)
Issuances of long-term debt, including premiums and discounts	$18.2B	$15.6B	$8.3B	$15.2B
Retirements of long-term debt	($4.9B)	($4.0B)	($3.1B)	($7.5B)
Proceeds from differential membership investors	$1.3B	—	—	$1.1B
Payments to differential membership investors	($597.0M)	—	—	($166.0M)
Net change in commercial paper	$1.8B	($219.0M)	$3.4B	$2.6B
Proceeds from other short-term debt	$4.3B	$3.6B	$650.0M	$1.9B
Repayments of other short-term debt	($650.0M)	$0	$0	($1.1B)
Cash swept from (repayments to) related parties – net	$25.0M	$13.0M	($2.0M)	($128.0M)
Issuances of common stock/equity units	$969.0M	$31.0M	$23.0M	$2.0B
Proceeds from sale of project minority interests	$1.6B	—	—	—
Dividends on common stock	($3.9B)	($2.6B)	($1.3B)	($3.5B)
Other – net	($592.0M)	($353.0M)	($304.0M)	($499.0M)
Net cash provided by financing activities	$17.5B	$12.1B	$7.7B	$10.0B
Effects of currency translation on cash, cash equivalents and restricted cash	($2.0M)	($4.0M)	($3.0M)	$3.0M
Net increase (decrease) in cash, cash equivalents and restricted cash	$2.9B	$216.0M	($531.0M)	$1.3B
Cash, cash equivalents and restricted cash at beginning of period	$3.0B	$3.0B	$3.0B	$1.4B
Cash, cash equivalents and restricted cash at end of period	$5.9B	$3.2B	$2.5B	$2.7B
Cash paid for interest (net of amount capitalized)	$3.1B	$2.0B	$1.0B	$2.6B

NextEra Energy Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.