Also trades as: NEE-PQ (NYSE) · $vol 44M · NEE-PR (NYSE) · $vol 5M · 0K80.L (LSE) · $vol 2M

$88.55

-1.14 (-1.27%)

Weekly Expected Move ±5.0%

$84 $89 $93 $98 $103

NYSE · Utilities · Regulated Electric · Alpha Radar Sell · Power 45 · $184.7B mcap · 2.08B float · 0.494% daily turnover · Short 57% of daily vol

Revenue

$27.5B +11.0% ▲

5Y CAGR: +8.8%

Gross Profit

$17.3B +16.1% ▲

5Y CAGR: +10.0%

Operating Income

$8.3B +10.7% ▲

5Y CAGR: +10.1%

Net Income

$6.8B -1.6% ▼

5Y CAGR: +18.5%

EPS (Diluted)

$3.29 -2.4% ▼

5Y CAGR: +17.3%

EBITDA

$16.2B +15.2% ▲

5Y CAGR: +13.2%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$17.1B	$21.0B	$28.1B	$24.8B	$27.5B
YoY Growth	-5.2%	+22.8%	+34.2%	-12.0%	+11.0%
Cost of Revenue	$8.5B	$10.8B	$10.1B	$9.9B	$10.2B
Gross Profit	$8.6B	$10.1B	$18.0B	$14.9B	$17.3B
Gross Margin	50.2%	48.4%	63.9%	60.1%	62.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0
Operating Expenses	$5.6B	$6.1B	$7.7B	$7.4B	$9.0B
Operating Income	$2.9B	$4.1B	$10.2B	$7.5B	$8.3B
Operating Margin	17.1%	19.5%	36.4%	30.2%	30.1%
Interest Expense	$1.3B	$585M	$3.3B	$2.2B	$4.6B
Income Before Tax	$3.2B	$3.8B	$7.3B	$6.0B	$4.5B
Tax Expense	$348M	$586M	$1.0B	$339M	-$802M
Net Income	$3.6B	$4.1B	$7.3B	$6.9B	$6.8B
Net Margin	20.9%	19.8%	26.0%	28.1%	24.9%
EPS (Diluted)	$1.81	$2.10	$3.60	$3.37	$3.29
EBITDA	$8.7B	$9.2B	$16.8B	$14.0B	$16.2B
Shares Outstanding	1.97B	1.98B	2.03B	2.06B	2.09B

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$6.1B	$7.6B	$5.4B	$6.2B	$6.7B	$8.0B	$6.6B	$7.0B
Cost of Revenue	$2.5B	$2.7B	$2.4B	$2.3B	$2.4B	$2.7B	$2.8B	$1.3B
Gross Profit	$3.6B	$4.9B	$3.0B	$3.9B	$4.3B	$5.3B	$3.8B	$5.6B
Gross Margin	59.6%	64.3%	55.3%	62.6%	64.1%	66.2%	57.5%	80.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$1.9B	$2.0B	$2.0B	$1.7B	$2.4B	$2.7B	$2.2B	$3.4B
Operating Income	$1.7B	$2.9B	$941M	$2.3B	$1.9B	$2.5B	$1.6B	$2.2B
Operating Margin	27.5%	37.7%	17.5%	36.1%	28.5%	31.7%	24.2%	31.7%
Interest Expense	$820M	$1.8B	$725M	$1.8B	$1.1B	$1.2B	$586M	$1.3B
Income Before Tax	$1.2B	$1.6B	$1.0B	-$57M	$1.4B	$1.9B	$1.3B	$1.2B
Tax Expense	-$64M	$5M	$171M	-$521M	-$256M	-$250M	$225M	-$489M
Net Income	$1.6B	$1.9B	$1.2B	$833M	$2.0B	$2.4B	$1.5B	$2.2B
Net Margin	26.7%	24.5%	22.3%	13.3%	30.3%	30.6%	23.4%	31.4%
EPS (Diluted)	$0.79	$0.90	$0.58	$0.40	$0.98	$1.18	$0.73	$1.04
EBITDA	$3.5B	$5.1B	$1.9B	$2.9B	$4.3B	$5.1B	$3.8B	$3.9B
Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.09B	2.09B

NEE NYSE