Entergy said other operation and maintenance expenses increased from $714 million in Q3 2024 to $764 million in Q3 2025. The company cited an increase of $36 million in power delivery expenses and the expensing of $11 million in project costs associated with the Bayou Power Station project as factors.

1. 01

   Entergy said other operation and maintenance expenses increased from $714 million in Q3 2024 to $764 million in Q3 2025. The company cited an increase of $36 million in power delivery expenses and the expensing of $11 million in project costs associated with the Bayou Power Station project as factors.

2. 02

   Entergy said it sold the natural gas distribution businesses of Entergy Louisiana and Entergy New Orleans on July 1, 2025. The company recognized a gain of $13 million in Q3 2025, and Entergy New Orleans wrote off $13 million of retained natural gas plant assets that were not included in the sale.

3. 03

   Entergy said net cash provided by operating activities for the 9 months ended September 30, 2025 increased $823 million compared to the prior-year period. The company cited the receipt of $405 million from the sale of nuclear and solar production tax credits and the receipt of $313 million in customer advances for construction as factors.

4. 04

   Entergy said it entered into forward sale agreements in connection with a public offering of 17.8 million shares in March 2025, received $806 million in cash in May 2025 and $332 million in October 2025, and settled a portion of the forward sale agreements under its at-the-market program. The company said it expects to issue approximately $4.4 billion of equity through 2029, of which approximately $1.9 billion is already committed through forward sale agreements.

Key figures

Quarter ended September 30, 2025

Revenue

$3.8B

Operating income

$1.1B

Net income

$698M

EPS

$1.53

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.