Press release
Alliant Energy Announces Third Quarter 2025 Results and 2026 Guidance
Narrowed 2025 ongoing earnings guidance range to $3.17 - $3.23 per share enabled by solid results through the third quarter Announced 2026 earnings guidance
About this update from Alliant Energy Corporation
[{"type":"text","content":"\n\nNarrowed 2025 ongoing earnings guidance range to $3.17 - $3.23 per share enabled by solid results through the third quarter\n\n\nAnnounced 2026 earnings guidance range of $3.36 - $3.46 per share (6.6% increase over 2025) and 2026 annual common stock dividend target of $2.14 per share (5.4% increase over 2025)\n\n\nIncreased contracted data center demand to 3 GW, representing a 50% increase in peak load demand by 2030\n\n\nIncreased 4-year capital expenditure forecast by 17% to $13.4 billion to meet growing demand\n\n\n MADISON, Wis.--(BUSINESS WIRE)--\nAlliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) of $1.09 for the third quarter of 2025, compared to $1.15 for the same quarter in 2024. The ongoing EPS for the third quarter was $1.12, compared to $1.15 in the same quarter in 2024.\n\nFor the first nine months of 2025, Alliant Energy reported EPS of $2.59, a 23.3% increase from $2.10 for the same period in 2024. The ongoing EPS for the first nine months of 2025 were $2.62, a 12.4% increase from $2.33 in the same period in 2024. Based on results for the first nine months of 2025, ongoing earnings per share guidance was narrowed to $3.17 to $3.23, with full year 2025 earnings trending toward the upper-half of this range.\n\nAlliant Energy’s utilities Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL) now have 3 gigawatts of contracted demand from data centers with the inclusion of the recently executed electric service agreement (ESA) for 900 megawatts for the QTS Madison site. With the signed agreement Alliant Energy expects its peak energy demand to grow an industry leading 50% by 2030. The energy resources to serve this expected load, while maintaining safe and reliable service to all customers, have increased the Company’s forecasted capital expenditures for 2026-2029 to $13.4 billion.\n\nThe Company announced 2026 earnings guidance at $3.36 to $3.46 per share, continuing its strong 10-year track record of compound annual earnings growth of 6%. Also, Alliant Energy has increased its 2026 expected annual common stock dividend target to $2.14 per share.\n\n“We delivered another solid quarter of operating performance and remain on track to achieve our full-year earnings and dividend tar...