COMPANIES · ENERGY & GRID
NextEra Energy
In the AI Economy Index: Major, 0.54% (as of 2 October 2026)
Generates and distributes electricity, including one of the largest renewable-energy portfolios in the United States.
Generates and distributes electricity, including one of the largest renewable-energy portfolios in the United States.
AI data centers' single biggest operating constraint is electricity, and NextEra is one of the largest suppliers of new generation capacity being contracted for that demand.
Sells electricity and operates regulated and competitive power-generation businesses.
United States
Energy and the electrical grid. The companies that generate, distribute and manage the electricity AI infrastructure runs on. AI data centers use enormous amounts of power, so the companies producing and delivering that electricity are just as critical to the AI economy as the chip makers.
Same-layer peers share an editorial stack classification. That alone does not establish direct competition.
Earnings
Tier Tier 3 box score (routine)
NextEra Energy
NEE
Q3 2026
- Revenue (operating revenues, quarter)
- $8.090 billion (Q3 2025: $7.966 billion)
- Revenue change, year on year
- up about 1.6% (calculated from the two same release figures, not stated by the company)
- Net income (GAAP, attributable to NextEra Energy)
- $4.775 billion (Q3 2025: $2.438 billion)
- EPS (diluted, GAAP, as reported)
- $2.28 (Q3 2025: $1.18)
- Adjusted EPS (company label "adjusted")
- $1.24 (Q3 2025: $1.13), up 9.7% as stated
- Key segment line
- FPL net income $1.62 billion (Q3 2025: $1.463 billion). NextEra Energy Resources added 3.7 GW to its backlog, now about 36.7 GW
- AI and data center line
- Three federal hub projects signed, about 16.5 GW, $5.7 billion initial funding year to date. 30 potential hubs in the pipeline, expected to reach 40 by year end
- Guidance
- Reaffirmed, not raised: 2026 adjusted EPS $3.92 to $4.02, targeting the high end
NextEra Energy filed its third quarter results today. Revenue came in at $8.09 billion versus $7.97 billion a year ago, up about 1.6% by our arithmetic from the company's figures. Net income was $4.775 billion, or $2.28 per diluted share, a figure that includes gains on hedges, the company says. That compares with $2.438 billion a year ago. Adjusted earnings per share were $1.24, up 9.7% by the company's count. The company kept its 2026 outlook of $3.92 to $4.02 in adjusted earnings per share. On the AI front, it has signed three federal hub projects for large power users totaling about 16.5 GW. Why it matters to you: AI runs on electricity, and the power players are the offensive line of this season. Filing: NextEra Energy 8-K, filed 21 Oct 2026
Source: Filing: NextEra Energy 8-K, filed 21 Oct 2026
NextEra Energy posts its Q3 box score as federal hub projects reach 16.5 GW
Connections (5)
Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated. It does not necessarily provide independent confirmation.
Dated or announced (5)
Source: 2026-05-18 · reviewed 2026-09-26
Evidence: Primary-source statement · Announced; pending shareholder and regulatory approvals
Limits: A pending transaction expected to take 12 to 18 months and requiring FERC, NRC and state approvals; does not establish that it will close.
NextEra Energy and Dominion Energy to Combine, Creating the World's Largest Regulated Electric Utility Business ↗Source: 2025-12-10 · reviewed 2026-09-20
Evidence: Primary-source statement · Agreements signed; projects coming online 2026-2028
Limits: Covers contracted future capacity, not currently delivered power; builds on separate, smaller prior NextEra-Meta contracts not detailed here.
NextEra signs 2.5GW of renewable energy agreements with Meta for projects across US ↗Source: 2025-12-08 · reviewed 2026-09-17
Evidence: Primary-source statement · Announced partnership
Limits: Development-stage partnership for future campuses; not evidence of power currently being delivered or a specific contract value.
NextEra Energy and Google Cloud announce landmark strategic energy and technology partnership ↗Source: 2025-12-08 · reviewed 2026-09-22
Evidence: Primary-source statement · Announced / planned
Limits: Does not establish contracted MW volumes, pricing, delivered capacity, or completion dates for the campuses; distinct from the companies' separate AI grid-software collaboration.
NextEra Energy and Google Cloud Announce Landmark Strategic Energy and Technology Partnership to Accelerate AI Growth and Transform the Energy Industry ↗Source: 2025-01-27 · reviewed 2026-09-20
Evidence: Secondary reporting of an on-record executive statement · Partnership announced on earnings call; new capacity not expected online before 2030
Limits: Describes a development-stage collaboration framework, not any specific built or contracted plant; no named data-center offtaker is confirmed and timelines extend to 2030 or later.
NextEra partners with GE Vernova to build 'gigawatts' of gas generation ↗Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures. Data last updated .