NextEra Energy earnings date and guidance
NextEra Energy’s next results are expected on October 21, 2026. Watch whether NextEra Energy maintains its earnings guidance.
What has NextEra Energy guided for 2026?
Its 2026 adjusted EPS guidance is $3.92–$4.02, and management is aiming for the upper end. Adjusted EPS is management’s chosen measure of profit per share after removing specified items. It helps compare ordinary performance, but it is not cash: construction, debt repayment and excluded costs can still consume money.
Dividends follow a slower path: about 10.0% growth in 2026, then 6.0% annually through 2028. That is slower growth, not a dividend cut. The proposed Dominion Energy combination, involving another regulated utility, carries a separate conditional promise of at least 9.0% adjusted EPS growth through 2032, assuming the merger closes.
| the period guided | low | high | the date it was given | |
|---|---|---|---|---|
| Adjusted Earnings Per Share Expectations | 2026 | 3.92 | 4.02 | 2026-10-01 |
| Expect 8%+ CAGR through 2032 off 2025 adjusted EPS | 2025–2032 | 8.0% | 2026-10-01 | |
| Expect ~10% annual dividend per share growth | 2026 | 10.0% | 10.0% | 2026-10-01 |
| 6% per year growth from year-end 2026 through 2028 | 2027 | 6.0% | 6.0% | 2026-10-01 |
| Operating Cash Flow expected to be at or above EPS growth rate range | 2025–2032 | 2026-10-01 | ||
| FPL full-year capital investments | 2026 | 12,000 | 13,000 | 2026-07-24 |
What this means. The capital spending figures for the remainder of 2026 cover only the last six months of the year, not the full year.
Did NextEra Energy keep its past earnings promise?
NextEra also kept a clear earnings promise. Its 2025 adjusted earnings guidance was US$3.45–US$3.70 per share. It delivered US$3.71. That supports confidence in management’s ability to meet its chosen earnings measure, but meeting guidance is not the same as producing superior returns for owners.
What do NextEra Energy’s last eight quarters show?
Recent results support that confidence. NextEra beat adjusted EPS expectations in six of its last eight quarters and missed none. Its latest result was $1.15 against $1.11 expected. These are encouraging surprises, but they do not prove that the long-term plan has been achieved.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,534 | 6,701 | 6,500 | 7,966 | 6,700 | 6,247 | 5,385 | 7,567 |
| Gross margin | 81.8% | 80.2% | 82.0% | 82.1% | 82.3% | 81.4% | 79.7% | 80.8% |
| Operating income | 2,238 | 2,208 | 1,586 | 2,527 | 1,911 | 2,256 | 941 | 2,856 |
| Net income | 3,144 | 2,182 | 1,535 | 2,438 | 2,028 | 833 | 1,203 | 1,852 |
| EPS, diluted | 1.50 | 1.04 | 0.73 | 1.18 | 0.98 | 0.40 | 0.58 | 0.90 |
| = Free cash flow | -3,665 | -8,448 | -2,779 | -1,674 | -2,495 | -5,173 | -2,640 | -1,205 |
What should I watch in NextEra Energy’s next results?
The first checkpoint is the October 21, 2026 third-quarter results call. Investors should look for maintained earnings guidance, cash generation that supports investment and NEER capacity actually entering service. Announcements show opportunity; completed projects and collected cash show delivery.