Centerpoint Energy (CNP) Q1 FY2026 earnings: revenue $3.0 billion, up 1.9% on the year

Centerpoint Energy Inc. (CNP) reported revenue of $3.0 billion for Q1 FY2026, the quarter ended 31 March 2026, up 1.9% on the same quarter a year earlier. Net income was $316 million, up 6.4% on the year, and diluted earnings per share $0.48. The figures are the company's own, from the 10-Q it filed with the SEC on 23 April 2026.

Revenue

$3.0 billion

+1.9% on the year · +18.8% on the quarter

Q2 FY2024Q1 FY2026

Operating margin

22.1%

22.2% a year earlier

Q2 FY2024Q1 FY2026

Net income

$316 million

+6.4% on the year · +19.7% on the quarter

Q2 FY2024Q1 FY2026

Diluted EPS

$0.48

+6.7% on the year · +20.0% on the quarter

Q2 FY2024Q1 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 raised, 1 new, 1 kept.

Non-GAAP EPS rose to $0.56: Non-GAAP EPS was $0.56, compared with $0.53 per diluted share in the first quarter of 2025, according to the release.
Growth and recovery added $0.11: Growth and regulatory recovery added $0.11 per share compared with the first quarter of 2025, which the company named as the primary driver.
3.5 gigawatts already under construction: Of the Greater Houston projects, 3.5 gigawatts are already under construction, within the 8 gigawatts expected to be energized by 2029.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Revenue	2,975	2,505	2,920	+18.8%	+1.9%
Cost of revenue	1.0	0.0	1.0		0.0%
Gross profit	2,974	2,505	2,919	+18.7%	+1.9%
Gross margin	100.0%	100.0%	100.0%
Operating income	658	542	649	+21.4%	+1.4%
Operating margin	22.1%	21.6%	22.2%
Interest expense	279	227	238	+22.9%	+17.2%
Pre-tax income	409	330	378	+23.9%	+8.2%
Income tax	93.0	66.0	81.0	+40.9%	+14.8%
Effective tax rate	22.7%	20.0%	21.4%
Net income	316	264	297	+19.7%	+6.4%
Net margin	10.6%	10.5%	10.2%
Diluted EPS	$0.48	$0.40	$0.45	+20.0%	+6.7%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Operating cash flow	282	774	410	-63.6%	-31.2%
Capital expenditure	1,198	1,481	1,038	-19.1%	+15.4%
Free cash flow	-916	-707	-628
Free cash flow margin	-30.8%	-28.2%	-21.5%
Cash from investing	-1,188	-1,414	-234
Cash from financing	1,513	644	1,053	+134.9%	+43.7%
Depreciation and amortisation	423	405	363	+4.4%	+16.5%
Dividends paid	150	143	143	+4.9%	+4.9%
Dividend per share	$0.23	n/a	$0.22		+4.5%
Diluted shares, weighted	659m	656m	653m	+0.6%	+0.9%
Shares outstanding at period end	654m	653m	653m	+0.2%	+0.2%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Shareholders' equity	11,449	11,153	10,955	+2.7%	+4.5%
Debt	24,683	22,980	22,187	+7.4%	+11.2%
Operating lease liabilities	n/a	57.0	n/a
Other liabilities	11,705	12,344	11,344	-5.2%	+3.2%
Total liabilities and equity	47,837	46,534	44,486	+2.8%	+7.5%
Fixed assets	34,262	34,056	33,100	+0.6%	+3.5%
Goodwill	3,550	3,550	3,943	0.0%	-10.0%
Investments	555	510	640	+8.8%	-13.3%
Cash and equivalents	639	38.0	1,254	+1,581.6%	-49.0%
Receivables	872	806	869	+8.2%	+0.3%
Other assets	7,959	7,574	4,680	+5.1%	+70.1%
Total assets	47,837	46,534	44,486	+2.8%	+7.5%

Questions

What was Centerpoint Energy's revenue in Q1 FY2026?

Centerpoint Energy (CNP) reported revenue of $3.0 billion for Q1 FY2026, the quarter ended 31 March 2026, up 1.9% on the same quarter a year earlier.

How much did Centerpoint Energy earn in Q1 FY2026?

Net income for Q1 FY2026 was $316 million, up 6.4% on the year, and diluted earnings per share $0.48.

When did Centerpoint Energy report Q1 FY2026 results?

Centerpoint Energy filed its 10-Q for the quarter ended 31 March 2026 with the SEC on 23 April 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 * †	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	2,314	2,763	1,944	1,903	2,711	2,779	1,875	1,860	2,182	2,620	1,905	1,856	2,262	2,920	1,944	1,988	2,505	2,975	2,152	2,191
Cost of revenue	49.0	35.0	56.0	52.0	61.0	40.0	57.0	1.0	1.0	1.0	0.0	1.0	1.0	1.0	2.0	1.0	0.0	1.0	0.0	1.0
Gross profit	2,265	2,728	1,888	1,851	2,650	2,739	1,818	1,859	2,181	2,619	1,905	1,855	2,261	2,919	1,942	1,987	2,505	2,974	2,152	2,190
Gross margin	98%	99%	97%	97%	98%	99%	97%	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%
Operating income	336	477	351	384	354	541	380	518	321	616	467	424	483	649	417	502	542	658	534	667
Operating margin	15%	17%	18%	20%	13%	19%	20%	28%	15%	24%	25%	23%	21%	22%	21%	25%	22%	22%	25%	30%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	204	217	195	222	238	195	243	227	279	261	281
Pre-tax income	85.0	730	244	277	166	403	217	350	117	428	261	245	280	378	253	286	330	409	297	413
Tax rate	55%	27%	22%	27%	19%	19%	46%	19%	-64%	18%	13%	21%	11%	21%	22%	-2%	20%	23%	18%	20%
Net income	654	531	190	202	134	325	118	282	192	350	228	193	248	297	198	293	264	316	244	331
Net margin	28%	19%	10%	11%	5%	12%	6%	15%	9%	13%	12%	10%	11%	10%	10%	15%	11%	11%	11%	15%
Diluted EPS	$1.03	$0.82	$0.28	$0.30	$0.19	$0.49	$0.17	$0.40	$0.31	$0.55	$0.36	$0.30	$0.37	$0.45	$0.30	$0.45	$0.40	$0.48	$0.37	$0.50
Operating cash flow	573	580	398	347	485	1,713	769	587	808	538	576	136	889	410	560	742	774	282	778	991
Capital expenditure	1,016	846	1,034	1,199	1,340	1,123	1,136	1,064	1,078	845	812	844	2,012	1,038	1,129	1,222	1,481	1,198	1,370	1,602
Free cash flow	-443	-266	-636	-852	-855	590	-367	-477	-270	-307	-236	-708	-1,123	-628	-569	-480	-707	-916	-592	-611
Dividends paid	107	107	107	114	112	120	120	119	126	126	128	130	138	143	144	144	143	150	152	159
Shares outstanding	629m	629m	629m	630m	630m	631m	631m	631m	631m	633m	642m	652m	652m	653m	653m	653m	653m	654m	659m	663m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 31 March 2026, filed 23 April 2026: the filing.