NextEra Energy reported adjusted second-quarter 2026 earnings of $1.15 per share. This result exceeded the consensus analyst estimate of $1.03 per share. Quarterly revenue rose 12.4% year-over-year to $7.53 billion. The company reaffirmed its full-year earnings guidance of $3.92 to $4.02 per share.
Management attributed growth to accelerating electricity demand from artificial intelligence and data centers. NextEra Energy Resources added 3.6 GW of new projects to its development backlog. The total project backlog now stands at 35.1 GW.
The company is currently developing dozens of data center hubs to address market demand. The proposed merger with Dominion Energy remains on schedule.