NYSE$NEE

NextEra Energy Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

NextEra Energy reported Q4 2025 GAAP EPS of $0.73 and adjusted EPS of $0.54 on strong utility and renewables execution.

Fourth-quarter GAAP net income attributable to NextEra was $1.535 billion ($0.73 per share); adjusted earnings were $1.133 billion ($0.54 per share). Full-year adjusted EPS grew 8.2% to $3.71. FPL net income was $958 million in Q4; NextEra Energy Resources added ~13.5 GW to its backlog. Management reaffirmed 2026 adjusted EPS guidance of $3.92–$4.02 and 8%+ CAGR through 2032.

  • Q4 adjusted EPS $0.54; FY25 adjusted EPS $3.71 (+8.2%).
  • FPL Q4 net income $958M; regulatory capital +8.1% YoY.
  • Energy Resources backlog +13.5 GW origination in 2025.
  • 2026 adjusted EPS guide $3.92–$4.02 unchanged.

Headline financials

Total Revenue

$6.5B

Previous: $5.39B+20.7%
EPS (adj)

$0.54

Previous: $0.53+1.9%
New clean energy backlog

3.6B

No prior period
FPL Reg. Capital Growth

$5.5B

Previous: $68B-91.9%
Customer growth

150.0K

No prior period
Net Income

$1.54B

Previous: $873M+75.8%
Operating Income

$1.59B

Previous: $941M+68.5%

Revenue & EPS history

NextEra · Revenue · Quarterly

$6.5B

Q4 2025+20.7%vs Q4 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

NextEra · $7.14B total across 2 segments · Q3 2023

  • FPL
    $5.48B+7.9%
  • Energy Resources
    $1.67B+1.0%

Forward guidance

The release discusses NEE's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.

Tailwinds

  • NEE cites operational execution and demand trends supporting the outlook.
  • Balance sheet and capital actions aim to fund growth and shareholder returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter 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 Q4 2025

Historical avgQ4 2025

-0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+1.3%

Avg return

30 days after

56%

41 / 73 earnings

Positive

+9.6%

Q3 2023

Best reaction

-11.3%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%+7.2%-1.6%
Q4 2025+1.4%+2.8%+7.6%
Q3 2025-2.9%-5.4%-0.6%
Q2 2025-0.1%+5.8%-0.9%
Q1 2025+0.9%-0.7%+1.7%
Q4 2024+5.2%+2.4%+3.4%
Q3 2024-1.1%-1.0%-9.2%
Q2 2024+1.8%+3.1%+10.5%
Q1 2024+1.9%+1.0%+15.3%
Q4 2023+2.6%+4.0%-0.4%
Q3 2023+9.6%+9.2%+11.5%
Q2 2023-1.5%-3.5%-11.0%
Q1 2023-6.3%-3.0%-7.1%
Q4 2022-8.9%-10.5%-13.1%
Q3 2022+2.7%+2.4%+13.1%
Q2 2022+2.7%+1.9%+13.7%
Q1 2022-9.3%-9.7%-12.6%
Q4 2021-11.3%-11.5%-7.9%
Q3 2021+2.2%+2.8%+7.7%
Q2 2021+1.0%+2.3%+13.3%
Q1 2021-2.7%-3.2%-7.6%
Q4 2020-7.7%-6.9%-14.7%
Q3 2020+0.4%+0.6%+0.4%
Q2 2020-1.2%+0.2%+0.5%
Q1 2020+2.4%+3.5%-0.7%
Q4 2019+2.6%+2.2%+6.7%
Q3 2019+1.4%+1.8%+1.0%
Q2 2019+0.2%+2.0%+7.0%
Q1 2019-0.2%+0.7%+6.9%
Q4 2018-4.3%-3.7%+4.4%
Q3 2018+1.7%-1.6%+2.0%
Q2 2018-1.2%-2.3%+1.5%
Q1 2018-0.5%+1.8%+0.0%
Q4 2017+1.7%+3.5%+2.1%
Q3 2017+1.3%+0.8%+1.4%
Q2 2017+1.1%+2.1%+4.9%
Q1 2017+1.4%+1.5%+4.9%
Q4 2016+3.1%+3.3%+10.3%
Q3 2016+0.1%-2.0%-9.1%
Q2 2016-0.8%+0.1%-5.3%
Q1 2016+0.6%
Q4 2015+4.7%
Q3 2015-2.2%
Q2 2015+1.3%
Q1 2015-3.1%
Q4 2014+0.1%
Q3 2014+0.9%
Q2 2014-3.3%
Q1 2014+2.0%
Q4 2013+2.2%
Q3 2013+3.9%
Q2 2013+2.1%
Q1 2013+0.1%
Q4 2012-0.6%
Q3 2012-1.4%
Q2 2012+3.3%
Q1 2012+0.9%
Q4 2011-2.2%
Q3 2011-2.7%
Q2 2011-2.5%
Q1 2011+1.7%
Q4 2010-1.0%
Q3 2010+1.1%
Q2 2010+0.5%
Q1 2009-1.2%
Q1 2010+2.4%
Q4 2009+1.1%
Q3 2008-2.1%
Q2 2008-2.1%
Q3 2009-2.1%
Q2 2009-0.9%
Q4 2007-0.9%
Q4 2008-0.9%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro