Entergy reports first quarter 2026 financial results

About this update from Entergy Corporation

Company affirms 2026 guidance, raises longer-term outlooks NEW ORLEANS, April 29, 2026 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported first quarter 2026 earnings per share of 83 cents on an as-reported basis and 86 cents on an adjusted (non-GAAP) basis. "It's shaping up to be another exciting year," said Drew Marsh, Entergy Chair and Chief Executive Officer. "We announced another major hyperscale agreement in Louisiana that includes an additional estimated $2 billion of savings for retail customers consistent with our Fair Share Plus pledge. The fundamentals of our company have never been stronger, and we continue to work diligently to deliver real value to our stakeholders." Business highlights included the following: Consolidated results For first quarter 2026, the company reported earnings of $385 million, or 83 cents per share, on an as-reported basis, and earnings of $399 million, or 86 cents per share on an adjusted basis. This compared to first quarter 2025 earnings of $361 million, or 82 cents per share, on an as-reported and an adjusted basis. Summary discussions of results by business follow. Additional details, including information on operating cash flow by business, are provided in Appendix A. Appendix B provides a more detailed analysis of earnings per share variances by business. Business results Utility For first quarter 2026, the Utility business reported earnings attributable to Entergy Corporation of $540 million, or $1.17 per share, on an as-reported and an adjusted basis. This compared to first quarter 2025 earnings of $490 million, or $1.11 per share, on an as-reported and an adjusted basis. The primary drivers for the quarter's earnings increase included the net effect of regulatory actions across the operating companies and return on construction work in progress for certain utility plant investments. These drivers were partially offset by higher interest expense as well as higher depreciation and amortization. On a per share basis, first quarter 2026 results reflected higher diluted average number of common shares outstanding primarily due to the settlement of equity forwards in 2025 and 2026 as well as the dilutive effect of an increase in the stock price on unsettled equity forwards. Appendix C contains additional details on Utility operating and financial measures. Parent & Other For fi...

View stock analysis, news, and events for Entergy Corporation