Modest Revenue Growth Led by Natural Gas
Total revenue increased 2.3% to $2.90 billion, with the natural gas distribution segment posting a robust 25.1% increase, offsetting slower growth in electric distribution and transmission.
EVERSOURCE ENERGY is expected to release its Q3 2026 10-Q filing in the upcoming earnings season. Last quarter: Eversource Energy's Q2 FY2026 earnings were heavily impacted by a material FERC ROE refund order, causing net income to plummet despite steady revenue growth.
Drawn from management commentary in the Q2 2026 10-Q:
Total revenue increased 2.3% to $2.90 billion, with the natural gas distribution segment posting a robust 25.1% increase, offsetting slower growth in electric distribution and transmission.
Operating income decreased 18.4% to $541 million, largely attributable to a material charge related to a FERC ROE refund order that spanned a 12-year period.
Diluted EPS fell 85.4% to $0.14, as the after-tax effect of the refund liability erased much of the quarter's earnings.
Revenue
$2.9B
+2.29% YoY
EPS (Diluted)
$0.14
-85.42% YoY
Operating Income
$540.87M
-18.43% YoY
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