Nextera Energy Inc 8-K, filed Oct 21, 2026

Nextera Energy Inc (NEE)

8-K 2026-10-21 For: 2026-10-21

Added on October 21, 2026

About this 8-K

Nextera Energy Inc filed this 8-K on October 21, 2026.

NextEra Energy reported third-quarter GAAP net income of $4.775 billion and adjusted earnings of $2.592 billion. It targets 2026 adjusted EPS of $3.92 to $4.02 and expects the Dominion Energy combination to close in the second half of 2027. AI summary

Items reported

Item 2.02: Financial results
Item 9.01: Financial statements and exhibits

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Commission File Number	Exact name of registrants as specified in their charters, address of principal executive offices and registrants' telephone number	IRS Employer Identification Number
1-8841	NEXTERA ENERGY, INC.	59-2449419
2-27612	FLORIDA POWER & LIGHT COMPANY	59-0247775


Preliminary
Three Months Ended September 30, 2026	FPL		NEER		Corporate and Other(a)		NextEra Energy
Operating Revenues	$	5,421	$	2,516	$	153	$	8,090
Operating Expenses
Fuel, purchased power and interchange	1,277		422		—		1,699
Other operations and maintenance	437		810		181		1,428


Merger-related expenses	—		—		19		19
Depreciation and amortization	875		761		15		1,651
Taxes other than income taxes and other – net	598		114		1		713
Total operating expenses – net	3,187		2,107		216		5,510
Gains (Losses) on Disposal of Businesses/Assets – Net	1		46		(3)		44
Operating Income (Loss)	2,235		455		(66)		2,624
Other Income (Deductions)
Interest expense	(348)		49		2,228		1,929
Equity in earnings (losses) of equity method investees	—		293		—		293
Allowance for equity funds used during construction	63		2		—		65

Gains (Losses) on disposal of investments and other property – net	—		44		—		44
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net	—		(50)		—		(50)
Other net periodic benefit income	—		—		71		71
Other – net	(1)		42		12		53
Total other income (deductions) – net	(286)		380		2,311		2,405
Income (Loss) before Income Taxes	1,949		835		2,245		5,029
Income Tax Expense (Benefit)	329		(248)		581		662
Net Income (Loss)	1,620		1,083		1,664		4,367
Net Loss Attributable to Noncontrolling Interests	—		408		—		408
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	1,620	$	1,491	$	1,664	$	4,775
Reconciliations of Net Income (Loss) Attributable to NextEra Energy, Inc. to Adjusted Earnings (Loss):
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	1,620	$	1,491	$	1,664	$	4,775
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		(382)		(2,623)		(3,005)
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		49		—		49

XPLR Infrastructure, LP investment gains – net	—		9		—		9

Merger-related expenses	—		—		19		19

Less related income tax expense (benefit)(c)	—		80		665		745
Adjusted Earnings (Loss)	$	1,620	$	1,247	$	(275)	$	2,592
Earnings (Loss) Per Share Attributable to NextEra Energy, Inc. (assuming dilution)	$	0.77	$	0.71	$	0.80	$	2.28
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		(0.18)		(1.25)		(1.43)
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		0.02		—		0.02

XPLR Infrastructure, LP investment gains – net	—		—		—		—

Merger-related expenses	—		—		0.01		0.01

Less related income tax expense (benefit)(c)	—		0.04		0.32		0.36
Adjusted Earnings (Loss) Per Share	$	0.77	$	0.59	$	(0.12)	$	1.24
Weighted-average shares outstanding (assuming dilution)							2,098


————————————
(a)	Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual corporate interest expense is included in Corporate and Other.
(b)	After tax impact is as follows:	NEER			Corporate and Other				NextEra Energy
			Adjusted Earnings		Adjusted EPS		Adjusted Earnings		Adjusted EPS		Adjusted Earnings		Adjusted EPS
	Net losses (gains) associated with non-qualifying hedges		$	(288)	$	(0.14)	$	(1,958)	$	(0.93)	$	(2,246)	$	(1.07)
	Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net		$	38	$	0.02	$	—	$	—	$	38	$	0.02

	XPLR Infrastructure, LP investment gains – net		$	6	$	—	$	—	$	—	$	6	$	—

	Merger-related expenses		$	—	$	—	$	19	$	0.01	$	19	$	0.01

(c)	Includes the effects of rounding.


Preliminary
Three Months Ended September 30, 2025	FPL		NEER		Corporate and Other(a)		NextEra Energy
Operating Revenues	$	5,285	$	2,566	$	115	$	7,966
Operating Expenses
Fuel, purchased power and interchange	1,124		299		—		1,423
Other operations and maintenance	432		810		168		1,410


Merger-related expenses	—		—		—		—
Depreciation and amortization	1,385		695		16		2,096
Taxes other than income taxes and other – net	547		103		3		653
Total operating expenses – net	3,488		1,907		187		5,582
Gains (Losses) on Disposal of Businesses/Assets – Net	—		142		1		143
Operating Income (Loss)	1,797		801		(71)		2,527
Other Income (Deductions)
Interest expense	(320)		(405)		(428)		(1,153)

Equity in earnings (losses) of equity method investees	—		195		9		204
Allowance for equity funds used during construction	46		2		—		48

Gains (Losses) on disposal of investments and other property – net	—		69		(1)		68
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net	—		63		—		63
Other net periodic benefit income	—		—		67		67
Other – net	(8)		42		27		61
Total other income (deductions) – net	(282)		(34)		(326)		(642)
Income (Loss) before Income Taxes	1,515		767		(397)		1,885
Income Tax Expense (Benefit)	52		(205)		(97)		(250)
Net Income (Loss)	1,463		972		(300)		2,135
Net Loss Attributable to Noncontrolling Interests	—		303		—		303
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	1,463	$	1,275	$	(300)	$	2,438
Reconciliations of Net Income (Loss) Attributable to NextEra Energy, Inc. to Adjusted Earnings (Loss):
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	1,463	$	1,275	$	(300)	$	2,438
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		(182)		108		(74)
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		(64)		—		(64)

XPLR Infrastructure, LP investment gains – net	—		9		—		9

Merger-related expenses	—		—		—		—

Less related income tax expense (benefit)(c)	—		64		(25)		39
Adjusted Earnings (Loss)	$	1,463	$	1,102	$	(217)	$	2,348
Earnings (Loss) Per Share Attributable to NextEra Energy, Inc. (assuming dilution)	$	0.71	$	0.62	$	(0.15)	$	1.18
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		(0.09)		0.05		(0.04)
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		(0.03)		—		(0.03)

XPLR Infrastructure, LP investment gains – net	—		—		—		—

Merger-related expenses	—		—		—		—

Less related income tax expense (benefit)(c)	—		0.03		(0.01)		0.02
Adjusted Earnings (Loss) Per Share	$	0.71	$	0.53	$	(0.11)	$	1.13
Weighted-average shares outstanding (assuming dilution)							2,071


————————————
(a)	Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual corporate interest expense is included in Corporate and Other.
(b)	After tax impact is as follows:	NEER			Corporate and Other				NextEra Energy
			Adjusted Earnings		Adjusted EPS		Adjusted Earnings		Adjusted EPS		Adjusted Earnings		Adjusted EPS
	Net losses (gains) associated with non-qualifying hedges		$	(135)	$	(0.07)	$	83	$	0.04	$	(52)	$	(0.03)
	Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI - net		$	(45)	$	(0.02)	$	—	$	—	$	(45)	$	(0.02)

	XPLR Infrastructure, LP investment gains – net		$	7	$	—	$	—	$	—	$	7	$	—

	Merger-related expenses		$	—	$	—	$	—	$	—	$	—	$	—

(c)	Includes the effects of rounding.


			WILLIAM J. GOUGH
			William J. Gough Vice President, Controller and Chief Accounting Officer


			AMIN A. MOHOMED
			Amin A. Mohomed Vice President, FPL Accounting and Controller



						NextEra Energy, Inc. Media Line: 561-694-4442 Oct. 21, 2026 FOR IMMEDIATE RELEASE


Preliminary
Nine Months Ended September 30, 2026	FPL		NEER		Corporate and Other(a)		NextEra Energy
Operating Revenues	$	14,588	$	7,360	$	377	$	22,325
Operating Expenses
Fuel, purchased power and interchange	3,349		1,054		(1)		4,402
Other operations and maintenance	1,240		2,557		512		4,309


Merger-related expenses	—		—		51		51
Depreciation and amortization	2,568		2,164		48		4,780
Taxes other than income taxes and other – net	1,646		358		4		2,008
Total operating expenses – net	8,803		6,133		614		15,550
Gains (Losses) on Disposal of Businesses/Assets – Net	2		304		(12)		294
Operating Income (Loss)	5,787		1,531		(249)		7,069
Other Income (Deductions)
Interest expense	(1,035)		(785)		1,975		155

Equity in earnings (losses) of equity method investees	—		795		1		796
Allowance for equity funds used during construction	171		5		—		176


Gains (Losses) on disposal of investments and other property – net	—		147		—		147
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net	—		80		—		80
Other net periodic benefit income	—		—		165		165
Other – net	2		97		79		178
Total other income (deductions) – net	(862)		339		2,220		1,697
Income (Loss) before Income Taxes	4,925		1,870		1,971		8,766
Income Tax Expense (Benefit)	432		(848)		505		89
Net Income (Loss)	4,493		2,718		1,466		8,677
Net Loss Attributable to Noncontrolling Interests	—		1,425		—		1,425
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	4,493	$	4,143	$	1,466	$	10,102
Reconciliations of Net Income (Loss) Attributable to NextEra Energy, Inc. to Adjusted Earnings (Loss):
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	4,493	$	4,143	$	1,466	$	10,102
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		(709)		(3,094)		(3,803)
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		(83)		—		(83)

XPLR Infrastructure, LP investment gains – net	—		27		—		27

Merger-related expenses	—		—		51		51

Less related income tax expense (benefit)(c)	—		198		782		980
Adjusted Earnings (Loss)	$	4,493	$	3,576	$	(795)	$	7,274
Earnings (Loss) Per Share Attributable to NextEra Energy, Inc. (assuming dilution)	$	2.15	$	1.98	$	0.69	$	4.82
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		(0.34)		(1.48)		(1.82)
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		(0.04)		—		(0.04)

XPLR Infrastructure, LP investment gains – net	—		0.01		—		0.01

Merger-related expenses	—		—		0.02		0.02

Less related income tax expense (benefit)(c)	—		0.10		0.38		0.48
Adjusted Earnings (Loss) Per Share	$	2.15	$	1.71	$	(0.39)	$	3.47
Weighted-average shares outstanding (assuming dilution)							2,094


Preliminary
Nine Months Ended September 30, 2025	FPL		NEER		Corporate and Other(a)		NextEra Energy
Operating Revenues	$	13,989	$	6,643	$	280	$	20,912
Operating Expenses
Fuel, purchased power and interchange	3,006		766		(1)		3,771
Other operations and maintenance	1,254		2,126		423		3,803


Merger-related expenses	—		—		—		—
Depreciation and amortization	2,873		2,043		48		4,964
Taxes other than income taxes and other – net	1,544		328		5		1,877
Total operating expenses – net	8,677		5,263		475		14,415
Gains (Losses) on Disposal of Businesses/Assets – Net	1		205		(9)		197
Operating Income (Loss)	5,313		1,585		(204)		6,694
Other Income (Deductions)
Interest expense	(964)		(1,367)		(1,656)		(3,987)

Equity in earnings (losses) of equity method investees	—		(275)		9		(266)
Allowance for equity funds used during construction	123		7		—		130


Gains (Losses) on disposal of investments and other property – net	—		170		(1)		169
Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds – net	—		65		—		65
Other net periodic benefit income	—		—		201		201
Other – net	13		111		82		206
Total other income (deductions) – net	(828)		(1,289)		(1,365)		(3,482)
Income (Loss) before Income Taxes	4,485		296		(1,569)		3,212
Income Tax Expense (Benefit)	431		(1,073)		(385)		(1,027)
Net Income (Loss)	4,054		1,369		(1,184)		4,239
Net Loss Attributable to Noncontrolling Interests	—		1,061		—		1,061
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	4,054	$	2,430	$	(1,184)	$	5,300
Reconciliations of Net Income (Loss) Attributable to NextEra Energy, Inc. to Adjusted Earnings (Loss):
Net Income (Loss) Attributable to NextEra Energy, Inc.	$	4,054	$	2,430	$	(1,184)	$	5,300
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		95		770		865
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		(71)		—		(71)

XPLR Infrastructure, LP investment gains – net	—		867		—		867

Merger-related expenses	—		—		—		—

Less related income tax expense (benefit)(c)	—		(220)		(192)		(412)
Adjusted Earnings (Loss)	$	4,054	$	3,101	$	(606)	$	6,549
Earnings (Loss) Per Share Attributable to NextEra Energy, Inc. (assuming dilution)	$	1.96	$	1.18	$	(0.57)	$	2.57
Adjustments – Pretax:(b)
Net losses (gains) associated with non-qualifying hedges	—		0.05		0.37		0.42
Change in unrealized losses (gains) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		(0.03)		—		(0.03)

XPLR Infrastructure, LP investment gains – net	—		0.42		—		0.42

Merger-related expenses	—		—		—		—

Less related income tax expense (benefit)(c)	—		(0.12)		(0.09)		(0.21)
Adjusted Earnings (Loss) Per Share	$	1.96	$	1.50	$	(0.29)	$	3.17
Weighted-average shares outstanding (assuming dilution)							2,064


NextEra Energy, Inc.
Condensed Consolidated Balance Sheets
(millions) (unaudited)
			Preliminary
September 30, 2026	FPL		NEER		Corporate and Other(a)		NextEra Energy
ASSETS
Current assets:
Cash and cash equivalents	$	819	$	2,504	$	2,256	$	5,579
Customer receivables, net of allowances	2,191		2,649		1		4,841
Other receivables	373		708		419		1,500
Materials, supplies and fuel inventory	1,450		1,378		8		2,836
Regulatory assets	217		21		1		239
Derivatives	9		1,429		887		2,325


Other	190		880		196		1,266
Total current assets	5,249		9,569		3,768		18,586
Other assets:
Property, plant and equipment – net	87,409		89,527		142		177,078
Special use funds	8,158		3,519		—		11,677
Investment in equity method investees	—		6,067		20		6,087
Prepaid benefit costs	2,134		5		818		2,957
Regulatory assets	7,048		171		13		7,232
Derivatives	—		2,225		1,654		3,879
Goodwill	2,965		2,175		12		5,152
Other	925		9,782		1,697		12,404
Total other assets	108,639		113,471		4,356		226,466
TOTAL ASSETS	$	113,888	$	123,040	$	8,124	$	245,052
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Current liabilities:
Commercial paper	$	—	$	—	$	3,716	$	3,716
Other short-term debt	—		608		3,650		4,258
Current portion of long-term debt	328		1,419		7,086		8,833
Accounts payable	1,254		6,211		71		7,536
Customer deposits	1,143		34		—		1,177
Accrued interest and taxes	1,385		510		255		2,150
Derivatives	15		1,025		27		1,067
Accrued construction-related expenditures	780		1,892		—		2,672
Regulatory liabilities	472		17		—		489

Other	550		1,707		983		3,240
Total current liabilities	5,927		13,423		15,788		35,138
Other liabilities and deferred credits:
Long-term debt	30,192		17,503		49,430		97,125
Asset retirement obligations	2,235		1,704		—		3,939
Deferred income taxes	10,624		4,871		(1,193)		14,302
Regulatory liabilities	13,156		162		2		13,320
Derivatives	33		1,645		53		1,731

Other	341		3,597		1,217		5,155
Total other liabilities and deferred credits	56,581		29,482		49,509		135,572
TOTAL LIABILITIES	62,508		42,905		65,297		170,710
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS	—		1,477		—		1,477
EQUITY
Common stock	1,373		—		(1,352)		21
Additional paid-in capital	26,866		33,875		(40,448)		20,293
Retained earnings	23,141		33,532		(15,376)		41,297
Accumulated other comprehensive income (loss)	—		(116)		3		(113)
Total common shareholders' equity	51,380		67,291		(57,173)		61,498
Noncontrolling interests	—		11,367		—		11,367
TOTAL EQUITY	51,380		78,658		(57,173)		72,865
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$	113,888	$	123,040	$	8,124	$	245,052


Preliminary
	First Quarter		Second Quarter		Third Quarter		Year-To-Date
2025 Earnings Per Share Attributable to NextEra Energy, Inc.	$	0.40	$	0.98	$	1.18	$	2.57

FPL – 2025 Earnings Per Share	$	0.64	$	0.62	$	0.71	$	1.96
New investment growth	0.04		0.05		0.05		0.13


Other and share dilution	0.02		—		0.01		0.06
FPL – 2026 Earnings Per Share	$	0.70	$	0.67	$	0.77	$	2.15

NEER – 2025 Earnings Per Share Attributable to NextEra Energy, Inc.	$	0.08	$	0.48	$	0.62	$	1.18
New investments	0.04		0.09		0.09		0.22
Existing energy assets	0.03		(0.02)		0.05		0.06

Regulated operations	0.05		—		—		0.05
Customer supply	(0.04)		(0.03)		(0.04)		(0.11)

Non-qualifying hedges impact	0.04		0.17		0.07		0.29



Change in unrealized gains (losses) on equity securities held in NEER's nuclear decommissioning funds and OTTI – net	—		0.04		(0.04)		—
XPLR Infrastructure, LP investment gains – net	0.31		—		—		0.30

Other, including financing costs, corporate general and administrative expenses, asset recycling, state taxes, other investment income and share dilution	(0.02)		0.05		(0.04)		(0.01)
NEER – 2026 Earnings Per Share Attributable to NextEra Energy, Inc.	$	0.49	$	0.78	$	0.71	$	1.98

Corporate and Other – 2025 Loss Per Share	$	(0.32)	$	(0.12)	$	(0.15)	$	(0.57)
Non-qualifying hedges impact	0.19		0.22		0.97		1.38
Merger-related expenses	—		(0.01)		(0.01)		(0.02)
Other, including interest expense and share dilution	(0.02)		(0.04)		(0.01)		(0.10)
Corporate and Other – 2026 Earnings (Loss) Per Share	$	(0.15)	$	0.05	$	0.80	$	0.69

2026 Earnings Per Share Attributable to NextEra Energy, Inc.	$	1.04	$	1.50	$	2.28	$	4.82

Corporate and Other represents other business activities and eliminating entries, and may include the net effect of rounding. Corporate and Other allocates a portion of corporate interest expense to NextEra Energy Resources. Interest expense is allocated based on a deemed capital structure of 70% debt and differential membership interests sold by NextEra Energy Resources' subsidiaries. Residual corporate interest expense is included in Corporate and Other.

The sum of the quarterly amounts may not equal the total for the year due to rounding.