greeksoup/ stock research

Eversource Energy (ES) Q2 FY2026 earnings: revenue $2.9 billion, up 2.3% on the year

Eversource Energy (ES) reported revenue of $2.9 billion for Q2 FY2026, the quarter ended 30 June 2026, up 2.3% on the same quarter a year earlier. Net income was $54 million, down 84.8% on the year, and diluted earnings per share $0.14. The figures are the company's own, from the 10-Q it filed with the SEC on 3 August 2026.

Revenue
$2.9 billion
+2.3% on the year · -35.5% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
18.6%
23.4% a year earlier
Q3 FY2024Q2 FY2026
Net income
$54 million
-84.8% on the year · -91.2% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$0.14
-85.4% on the year · -91.3% on the quarter
Q3 FY2024Q2 FY2026

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

What management said

Guidance figures: 3 kept.

  • GAAP EPS fell on charges: GAAP earnings were $53.7 million, or $0.14 per share, against $352.7 million, or $0.96 per share, a year earlier. Three after-tax charges account for most of the difference.
  • Recurring EPS was $0.87: Non-GAAP recurring earnings were $329.1 million, or $0.87 per share, in the quarter, excluding the offshore wind, Aquarion and FERC-related charges.
  • Transmission earnings fell on ROE cut: Transmission earned $183.7 million in the quarter, down from $208.0 million. The company attributes the decline to the allowed ROE reduction and higher interest expense.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Revenue2,9034,5042,838-35.5%+2.3%
Operating income5411,076663-49.7%-18.4%
Operating margin18.6%23.9%23.4%
Interest expense355365293-2.7%+21.2%
Income tax79.9203111-60.7%-27.8%
Net income53.7607353-91.2%-84.8%
Net margin1.8%13.5%12.4%
Diluted EPS$0.14$1.61$0.96-91.3%-85.4%
$ million except per share.
Read moreFree 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

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow1,0901,3241,057-17.7%+3.1%
Capital expenditure1,0141,0091,042+0.5%-2.7%
Free cash flow76.331515.3-75.8%+398.9%
Free cash flow margin2.6%7.0%0.5%
Cash from investing1,255-1,150-1,104
Cash from financing-790-82.8284
Depreciation and amortisation380823495-53.9%-23.3%
Dividends paid290290271+0.1%+7.3%
Dividend per share$0.79$0.79$0.750.0%+4.7%
Diluted shares, weighted377m377m369m+0.1%+2.2%
Shares outstanding at period end377m376m371m+0.2%+1.5%

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

Balance sheet

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity16,34016,53115,666-1.2%+4.3%
Debt29,11229,50428,163-1.3%+3.4%
Other liabilities17,96418,67217,127-3.8%+4.9%
Total liabilities and equity63,41664,70860,956-2.0%+4.0%
Goodwill3,5714,2343,571-15.6%0.0%
Investments320322317-0.7%+1.1%
Cash and equivalents1,819270344+573.3%+429.3%
Receivables1,7232,0811,712-17.2%+0.7%
Other assets55,98257,80155,013-3.1%+1.8%
Total assets63,41664,70860,956-2.0%+4.0%

Questions

What was Eversource Energy's revenue in Q2 FY2026?

Eversource Energy (ES) reported revenue of $2.9 billion for Q2 FY2026, the quarter ended 30 June 2026, up 2.3% on the same quarter a year earlier.

How much did Eversource Energy earn in Q2 FY2026?

Net income for Q2 FY2026 was $54 million, down 84.8% on the year, and diluted earnings per share $0.14.

When did Eversource Energy report Q2 FY2026 results?

Eversource Energy filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 3 August 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023 †Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue2,4823,4712,5733,2163,0303,7962,6292,7912,6943,3332,5343,0632,9714,1182,8383,2213,3704,5042,9032,979
Operating income4736634565575227505615315598466026123489266636897101,076541630
Operating margin19%19%18%17%17%20%21%19%21%25%24%20%12%22%23%21%21%24%19%21%
Interest expense151153160178187195207222231251271301289301293318331365355349
Net income30944529435132249317.3342-1,285522335-11872.555135336842160753.7346
Net margin12%13%11%11%11%13%1%12%-48%16%13%-4%2%13%12%11%13%13%2%12%
Diluted EPS$0.89$1.28$0.84$1.00$0.93$1.41$0.04$0.97-$3.68$1.49$0.95-$0.33$0.20$1.50$0.96$0.99$1.12$1.61$0.14$0.92
Operating cash flow44237247084771269.25785224772916715566421,0411,0571,1009161,3241,090654
Capital expenditure9647657848041,0899771,0621,0861,2111,1491,0711,0711,1891,0071,0421,1269831,0091,0141,029
Free cash flow-522-393-31543.4-377-908-484-564-734-858-401-515-54733.215.3-26.3-67.331576.3-376
Dividends paid202214214216216229230230230245246254256270271276277290290291
Shares outstanding344m345m346m347m348m349m349m349m350m351m355m364m367m367m371m375m375m376m377m377m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* 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 fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. 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 30 June 2026, filed 3 August 2026: the filing.