A fixed rule set over this filing's XBRL figures and the number of high-severity risks found in it — no model judgement.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
CenterPoint Energy's net income rose to $244M in Q2 2026 (up $46M YoY) and $560M for the first six months of 2026 (up $65M YoY), driven by growth in the Electric segment from customer rate increases and transmission revenue, while continuing to advance a $66.7B ten-year capital plan and manage large-load customer (data center) interconnection demand in Texas.
CNP Q2 2026 net income grew to $244M (+$46M YoY) on Electric segment strength, with capital plan increased to $66.7B through 2035.
Last 4 quarters: 2 beats, 2 misses
Reported EPS of $0.40 versus the $0.38 analyst consensus — a +5.8% beat for Jun 2026.
CenterPoint Energy's net income for Q2 2026 was $244M, up $46M from $198M in Q2 2025, driven primarily by a $66M increase in the Electric segment, partially offset by a $6M decrease in Natural Gas and a $14M increase in Corporate/Other net loss. For the six months ended June 30, 2026, net income was $560M, up $65M from $495M, with Electric segment net income up $98M.
Source: 10-Q Item 2 MD&A - Consolidated Results of Operations
Electric segment revenues rose to $1,372M in Q2 2026 (up $181M YoY) driven by $82M from customer rates/rate design changes and $36M from transmission revenues (TCOS/TCRF); operating income increased $114M to $407M, though depreciation and amortization rose $53M due to ongoing plant additions and TEEEF lease costs no longer eligible for regulatory deferral.
Source: 10-Q Item 2 MD&A - Electric (CenterPoint Energy)
Houston Electric estimates approximately 14 gigawatts of potential large-load customers are eligible for ERCOT's Batch Zero process under Texas Senate Bill 6; in Q3 2026, customers provided or committed approximately $900 million in contributions in aid of construction or financial security to Houston Electric, though final connected capacity and timing remain uncertain.
Source: 10-Q Item 2 MD&A - Recent Events
In July 2026, CenterPoint Energy increased its 10-year capital plan by $1.2 billion to approximately $66.7 billion through 2035, intended to support economic growth and deliver value across its service jurisdictions.
Source: 10-Q Item 2 MD&A - Recent Events
Natural Gas segment net income for six months ended June 30, 2026 increased $16M to $330M, but results reflect the non-recurrence of an $18M tax benefit from the 2025 Louisiana/Mississippi divestiture and a new $21M accrued tax expense related to the anticipated Ohio natural gas business divestiture expected to close in Q4 2026; six-month revenues decreased $62M primarily due to the March 2025 divestiture impact.
Source: 10-Q Item 2 MD&A - Natural Gas (CenterPoint Energy)
Houston Electric estimates ~14 GW of potential large-load customers eligible for ERCOT's Batch Zero process, but the amount ultimately connected, actual electricity usage, and timing remain uncertain due to ERCOT approval processes, construction timing, regulatory actions, and material availability; a portion of the ~$900M in customer contributions/financial security may need to be returned depending on project outcomes.
Source: 10-Q Item 2 MD&A - Recent Events
Houston Electric has released 15 large TEEEF units to ERCOT for San Antonio service and proposed removing 5 medium units from rates, with Houston Electric continuing not to charge customers for these units; a stipulation and agreement was filed and remanded to the PUCT, but final resolution and cost recovery treatment remain pending, with associated lease expense negatively impacting D&A ($10M in Q2, $34M for six months).
Source: 10-Q Item 2 MD&A - Recent Events / Note 6
Despite Indiana Electric's IRP preference to retire F.B. Culley Unit 2 by end of 2025, DOE emergency 202(c) orders (Dec 2025, March 2026, June 2026) have directed continued operation through September 19, 2026; cost recovery mechanisms are pending before FERC and IURC, and litigation is ongoing at the D.C. Circuit Court of Appeals, creating uncertainty over full cost recovery.
Source: 10-Q Item 2 MD&A - Regulatory Matters
The Knox County, Illinois 147 MW wind PPA construction was recently halted following the Department of War's pause on approving a required mitigation plan, with uncertain timing or likelihood of the project becoming operational, potentially affecting Indiana Electric's planned generation resources and fuel cost recovery.
Source: 10-Q Item 2 MD&A - Regulatory Matters
The Corporate and Other segment's net loss increased by $14M in Q2 2026 and $49M for six months, driven by non-recurrence of a $21M gain on early extinguishment of debt in 2025, increased operating expenses, and unfavorable mark-to-market valuations on ZENS indexed debt securities derivatives and related securities.
Source: 10-Q Item 2 MD&A - Consolidated Results of Operations
This analysis does not extract a guidance section. Companies issue revenue and EPS outlook in the 8-K press release and on the earnings call rather than in the 10-Q itself — though the filing's management discussion can contain forward-looking statements, which appear in the highlights above where they were material.
Centerpoint Energy (CNP) is next expected to report on , when the following quarter's results and any updated outlook will be available.
See the CNP earnings preview — expected date, analyst estimates and what to watch →
The filing does not disclose analyst consensus estimates, so a beat/miss cannot be confirmed from this 10-Q. However, net income grew to $244M in Q2 2026 from $198M in Q2 2025, a $46M or roughly 23% increase, driven primarily by Electric segment strength.
Net income increased $46M YoY to $244M, primarily due to a $66M increase in Electric segment net income from customer rate increases ($82M) and transmission revenue growth ($36M). This was partially offset by a $6M decline in Natural Gas segment net income and a $14M increase in Corporate and Other segment net loss tied to non-recurring items like a 2025 debt extinguishment gain.
In July 2026, CenterPoint Energy increased its 10-year capital plan by $1.2 billion to approximately $66.7 billion through 2035, aimed at infrastructure investment across its electric and gas jurisdictions. For the remainder of 2026 alone, the company estimates $4,088M in capital expenditures at the consolidated CenterPoint Energy level.</br>
Houston Electric estimates approximately 14 gigawatts of potential large-load customers (including data centers) are eligible for ERCOT's Batch Zero interconnection process under Texas Senate Bill 6. In Q3 2026, customers provided or committed approximately $900 million in contributions in aid of construction or financial security, though final connected capacity and timing remain uncertain.
Key risks include uncertainty around large-load customer interconnection timing and capacity in Texas, unresolved TEEEF fleet regulatory proceedings affecting cost recovery, and forced continued operation of the F.B. Culley Unit 2 coal plant in Indiana under DOE emergency orders with pending cost recovery mechanisms at FERC and IURC. Additionally, a wind PPA project in Knox County, Illinois was recently halted due to a Department of War mitigation plan pause, creating uncertainty for Indiana Electric's generation resource plans.
Centerpoint Energy (CNP) is next expected to report earnings on Oct 21, 2026. The date comes from the analyst earnings calendar and can shift until the company confirms it.
Expected release date, analyst estimates & what to watch
CenterPoint Energy (CNP) delivered steady Q1 2026 results with revenue up 1.9% YoY to $2.975B and net income rising 6.4% to $316M, though operating cash flow declined 31.2% amid a significant ramp-up in capital investment.
CenterPoint Energy (CNP) delivered steady FY2025 growth with revenue rising 8.3% to $9.36B and net income up 3.2% to $1.05B, supported by strong operating cash flow of $2.49B, though the current ratio below 1.0 and elevated long-term debt of $20.6B warrant monitoring.
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