NextEra Energy reported a strong start to 2026, driven by robust financial and operational performance across its FPL and NextEra Energy Resources segments. The company highlighted continued growth in regulatory capital employed at FPL and record origination for new renewables and storage at NextEra Energy Resources, reinforcing its long-term growth expectations.
Adjusted earnings per share increased by 10% year-over-year, demonstrating strong performance.
positiveFPL grew regulatory capital employed by approximately 8.8% year-over-year, supported by smart capital investments.
positiveNextEra Energy Resources achieved a record quarter for new renewables and storage origination, adding 4 GW to its backlog.
positiveNextEra Energy Resources was selected by the U.S. Department of Commerce to build 9.5 GW of new gas-fired generation for large load in Texas and Pennsylvania.
positiveCorporate and Other segment reported a GAAP net loss of $299 million and an adjusted loss of $225 million for Q1 2026, compared to a loss of $655 million and $186 million respectively in Q1 2025.
attentionWhile FPL's net income increased, its operating income decreased from $1,799 million in Q1 2025 to $1,730 million in Q1 2026.
attentionNextEra Energy Resources' operating income decreased from $525 million in Q1 2025 to $556 million in Q1 2026, despite overall positive adjusted earnings growth.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
FPL | N/A | — | — | — |
NEER | N/A | — | — | — |
Corporate and Other | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
NextEra Energy is off to a terrific start for the year, delivering strong first-quarter results, with adjusted earnings per share increasing by 10% year-over-year.
These results reflect continued strong financial and operational performance across FPL and NextEra Energy Resources as America's electricity demand continues to increase.
Our forecasted growth is visible and balanced between our regulated and long-term contracted businesses, and we expect to grow adjusted earnings per share at a compound annual growth rate of 8%+ through 2032 and are targeting the same from 2032 through 2035, all off the 2025 base.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.