Q3 25 EPS
$1.13
Q3 25 Revenue
$7.97B
vs S&P Since Q3 25
+12.7%
BEATING MARKET
NEE +17.6% vs S&P +4.9%
Market Reaction
Did NEE Beat Earnings? Q3 2025 Results
NextEra Energy posted a solid third quarter, with adjusted earnings per share of $1.13 representing 9.7% year-over-year growth as consolidated revenues climbed to $7.97 billion from $7.57 billion a year earlier. The results reflect the continued stre… Read more NextEra Energy posted a solid third quarter, with adjusted earnings per share of $1.13 representing 9.7% year-over-year growth as consolidated revenues climbed to $7.97 billion from $7.57 billion a year earlier. The results reflect the continued strength of Florida Power & Light, where net income rose to $1.46 billion on the back of roughly 8% growth in regulatory capital employed, a direct payoff from the utility's sustained infrastructure investment program. Meanwhile, NextEra Energy Resources added 3 gigawatts of new renewables and storage to a backlog now approaching 30 GW, underscoring the scale of the company's clean energy pipeline. A headline-grabbing partnership with Google, anchored by a 25-year power purchase agreement to restart the 615-megawatt Duane Arnold nuclear plant in Iowa, added a new dimension to the growth story, with the facility expected to contribute up to $0.16 of annual adjusted EPS once operational. Management reaffirmed its full-year financial outlook, guiding for 2025 adjusted EPS of $3.45 to $3.70 and projecting roughly 10% annual dividend growth through at least 2026.
Key Takeaways
- • FPL regulatory capital employed growth of approximately 8% year-over-year
- • Continued smart capital investments at FPL
- • New investment growth at NEER from renewables and storage origination
- • Customer supply contribution increase at NEER
- • Adjusted EPS growth of 9.7% year-over-year
NEE YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
NEE Revenue by Segment
With YoY comparisons, source: SEC Filings
“NextEra Energy delivered strong third-quarter results, with adjusted earnings per share increasing by 9.7% year-over-year. We believe the continued strong financial and operational performance at both FPL and NextEra Energy Resources positions us well to meet our overall objectives for the year. Earlier this month, FPL completed its evidentiary hearing on its proposed four-year base rate settlement agreement, which would support continued smart capital investments through 2029, while keeping typical residential customer bills well below the current national average and 20% lower than they were 20 years ago when adjusted for inflation.”
— John Ketchum, Q3 2025 Earnings Press Release
NEE Earnings Trends
NEE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
NEE EPS Trend
Earnings per share: estimate vs actual
NEE Revenue Trend
Quarterly revenue: estimate vs actual
NEE Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.09 | — | $6.70B | — |
| Q4 25 MISS FY | $0.92 | $0.54 | -41.39% | $6.50B | -10.64% |
| FY Full Year | — | $3.71 | — | $27.41B | — |
| Q3 25 | — | $1.13 | — | $7.97B | — |
| Q2 25 BEAT | $1.01 | $1.05 | +4.09% | $6.70B | -10.69% |
| Q1 25 | — | $0.99 | — | $6.25B | — |