NASDAQ$AEP
American Electric Power Inc · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
American Electric Power reported Q1 2026 net income of $903M on higher regulated utility earnings and transmission investments.
AEP reported first-quarter 2026 net income of $903 million, up from $802 million, driven by increased transmission earnings, regulated operations, and the Midwest Transmission Holdings noncontrolling interest transaction. The condensed filing emphasizes segment utility performance, capital investment in grid modernization, and load growth rather than consolidated revenue subtotals in the parent summary statements.
- Net income $903M (+13% YoY).
- Vertically integrated utilities and transmission segments contributed.
- Capital plan supports grid investment and renewable interconnection.
- Weather and regulatory rate outcomes affect quarterly earnings.
Headline financials
Revenue & EPS history
AEP · Revenue · Quarterly
$6.02B
Revenue by segment
AEP · $5.85B total across 5 segments · Q3 2023
- Vertically Integrated Utilities$3.21B-0.6%54.8%
- Transmission & Distribution$1.54B+0.9%26.4%
- Generation & Marketing$567M-22.9%9.7%
- AEP Transmission Holdco$477M+10.6%8.1%
- Corporate & Other$57.2M+102.1%1.0%
Forward guidance
The 10-Q does not provide numeric consolidated annual EPS guidance for AEP. Management commentary in MD&A covers costs, capital, and sector-specific risks.
Tailwinds
- Management discusses operational priorities and liquidity in the quarterly filing.
- Segment or product trends are disclosed where applicable to the business model.
Headwinds
- Macro, input-cost, and interest-rate exposure can affect near-term results.
- One-time items, impairments, or fair-value marks may distort quarterly comparability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
+0.5%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.4%
Avg return
30 days after
62%
45 / 73 earnings
Positive
+6.1%
Q3 2025
Best reaction
-5.7%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.5% | -3.4% | -5.9% | |
| Q4 2025 | +3.4% | +6.5% | +9.3% | |
| Q3 2025 | +6.1% | +4.2% | +7.5% | |
| Q2 2025 | +3.7% | +5.3% | +1.6% | |
| Q1 2025 | -0.0% | -2.6% | -5.3% | |
| Q4 2024 | -1.3% | -0.1% | +3.1% | |
| Q3 2024 | -4.1% | -5.9% | -4.5% | |
| Q2 2024 | +1.1% | +4.9% | +2.8% | |
| Q1 2024 | +1.7% | +2.2% | +1.7% | |
| Q4 2023 | +2.0% | +3.1% | +2.9% | |
| Q3 2023 | +4.2% | +3.1% | +5.3% | |
| Q2 2023 | -2.5% | -4.1% | -9.5% | |
| Q1 2023 | +1.4% | +0.3% | -8.2% | |
| Q4 2022 | -0.4% | -3.1% | -1.9% | |
| Q3 2022 | +2.2% | +1.2% | +9.2% | |
| Q2 2022 | +1.2% | +2.8% | +5.6% | |
| Q1 2022 | -0.4% | -1.0% | +4.1% | |
| Q4 2021 | +5.7% | +6.6% | +14.4% | |
| Q3 2021 | +0.5% | +1.2% | -2.1% | |
| Q2 2021 | +1.5% | +5.5% | +7.5% | |
| Q1 2021 | -1.8% | -2.4% | -3.0% | |
| Q4 2020 | -2.9% | -0.8% | +10.2% | |
| Q3 2020 | +1.6% | +2.4% | -8.8% | |
| Q2 2020 | +2.1% | -1.8% | -6.8% | |
| Q1 2020 | -5.7% | -5.0% | +2.6% | |
| Q4 2019 | -1.7% | -5.1% | -31.0% | |
| Q3 2019 | -0.1% | -1.3% | -3.1% | |
| Q2 2019 | -0.7% | -1.0% | -0.0% | |
| Q1 2019 | +0.8% | +1.8% | +5.1% | |
| Q4 2018 | -0.3% | -0.1% | +6.1% | |
| Q3 2018 | -3.7% | -1.7% | +0.4% | |
| Q2 2018 | +2.9% | +1.9% | +3.6% | |
| Q1 2018 | +2.1% | +0.5% | -2.7% | |
| Q4 2017 | +0.4% | -0.2% | -1.6% | |
| Q3 2017 | +0.6% | +1.1% | +3.9% | |
| Q2 2017 | +1.4% | +1.7% | +5.9% | |
| Q1 2017 | +0.2% | +0.5% | +4.7% | |
| Q4 2016 | +0.7% | +2.4% | +7.4% | |
| Q3 2016 | -3.4% | -3.8% | -10.3% | |
| Q2 2016 | +0.6% | +0.2% | -6.1% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | +4.8% | — | — | |
| Q3 2015 | -2.5% | — | — | |
| Q2 2015 | -1.1% | — | — | |
| Q1 2015 | +3.1% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | +1.2% | — | — | |
| Q1 2014 | +4.0% | — | — | |
| Q4 2013 | +1.6% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | +0.2% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +3.4% | — | — | |
| Q3 2012 | -1.6% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2012 | +0.4% | — | — | |
| Q4 2011 | -1.6% | — | — | |
| Q3 2011 | -1.1% | — | — | |
| Q2 2011 | +1.9% | — | — | |
| Q1 2011 | +0.3% | — | — | |
| Q4 2010 | +1.9% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | +0.5% | — | — | |
| Q1 2009 | +0.5% | — | — | |
| Q1 2010 | +2.1% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q4 2007 | +0.8% | — | — | |
| Q3 2009 | -1.3% | — | — | |
| Q3 2008 | -1.3% | — | — | |
| Q2 2009 | -0.7% | — | — | |
| Q2 2008 | -0.7% | — | — | |
| Q4 2008 | -0.7% | — | — |
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