American Electric Power

AEP Utilities Market cap $66.5B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY26 Jan 1 – Mar 31, 2026 reported May 5, 2026

Revenue$6.02B +10% year over year

Gross profit$3.90B 65% margin

Operating profit$1.36B 23% margin

Net profit$0.90B 15% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	6.02	100%	+10%
Residential	2.10	35%
Transmission	1.59	27%
Generation & marketing	0.93	15%	+28%
Competitive retail	0.75	12%	−9%
Wholesale generation	0.41	7%	+16%
Product & service other	0.16	3%	+20%
Other retail	0.07	1%	+7%
Cost of revenue	−2.12	35%
Gross profit	3.90	65% margin	−1pp
Operating expenses	−2.54	42%	+0pp
Operating profit	1.36	23% margin	−1pp
Interest & other costs	−0.41
Tax	−0.04
Net profit	0.90	15% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.32	100%	+13%
Distribution utilities	1.46	28%	+4%
Competitive	1.30	24%	+19%
Industrial	0.82	15%
Generation & marketing	0.72	14%
Retail & renewable	0.64	12%	+32%
Wholesale transmission	0.38	7%	−10%
Cost of revenue	−1.66	31%
Gross profit	3.66	69% margin	−3pp
Operating expenses	−2.55	48%	+0pp
Operating profit	1.12	21% margin	−2pp
Interest & other costs	−0.39
Tax	−0.12
Net profit	0.61	11% margin	−3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.01	100%	+11%
Residential	2.23	37%
Competitive	1.34	22%	+18%
Commercial	1.28	22%	+10%
Industrial	0.84	14%	+3%
Wholesale generation	0.31	5%
Cost of revenue	−1.98	33%
Gross profit	4.03	67% margin	−2pp
Operating expenses	−2.51	42%	−33pp
Operating profit	1.52	25% margin	+0pp
Interest & other costs	−0.38
Tax	−0.14
Net profit	1.00	17% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.09	100%	+11%
Residential	1.64	32%	+3%
Commercial	1.17	23%
Industrial	0.85	17%
Generation & marketing	0.55	11%	+25%
Competitive retail	0.52	10%	+13%
Wholesale generation	0.28	5%
Other retail	0.08	2%	+7%
Cost of revenue	−1.54	30%
Gross profit	3.55	70% margin	+0pp
Operating expenses	−2.15	42%	−43pp
Operating profit	1.40	28% margin	+13pp
Interest & other costs	−0.36
Tax benefit	0.25
Net profit	1.29	25% margin	+18pp

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 5, 2026 Operating margin 23% Net profit $0.9B	Jan 1 – Mar 31, 2026	May 5, 2026	$6.02B	+10%	23%	$0.9B	15%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 12, 2026 Operating margin 21% Net profit $0.6B	Oct 1 – Dec 31, 2025	Feb 12, 2026	$5.32B	+13%	21%	$0.6B	11%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 29, 2025 Operating margin 25% Net profit $1.0B	Jul 1 – Sep 30, 2025	Oct 29, 2025	$6.01B	+11%	25%	$1.0B	17%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 30, 2025 Operating margin 28% Net profit $1.3B	Apr 1 – Jun 30, 2025	Jul 30, 2025	$5.09B	+11%	28%	$1.3B	25%