LNT FY 2025 Earnings Report — Alliant Energy Corporation Revenue & Financial Results | Market Cap Arena

Alliant Energy CorporationLNT

FY 2025 Earnings

Reported February 20, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$4.4B	—	$4.0B	—	9.6%
Op. Income	$1.0B	—	$886M	—	15.7%
Gross Margin	40.1%	—	44.7%	—	-4.6pp
Net Margin	18.6%	—	17.3%	—	1.2pp
EPS (Diluted)	$3.14	—	$2.69	—	16.7%
Free Cash Flow	-$1.3B	—	-$1.1B	—	-21.4%

Revenue Flow

Item	Amount
REVENUE	$4.4B
Cost of Revenue	$2.6B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$724M
Operating Expenses	$724M
Cost & Expenses	$3.3B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$512M
Other Income/Expenses	-$364M
INCOME BEFORE TAX	$661M
Income Tax Expense	-$149M
Net Income from Continuing Ops	$810M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$810M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$810M
D&A	$846M
EBIT	$1.2B
EBITDA	$2.0B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$4.4B
Cost of Revenue	$2.6B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$724M
Operating Expenses	$724M
Cost & Expenses	$3.3B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$512M
Other Income/Expenses	-$364M
INCOME BEFORE TAX	$661M
Income Tax Expense	-$149M
Net Income from Continuing Ops	$810M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$810M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$810M
D&A	$846M
EBIT	$1.2B
EBITDA	$2.0B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$810M
Depreciation & Amortization	$846M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$1.7B
Change in Working Capital	$1.2B
OPERATING CASH FLOW	$1.2B
Capital Expenditure	-$2.5B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$587M
NET CASH FROM INVESTING	-$1.9B
Net Debt Issuance	$1.7B
Common Stock Repurchased	$0
Common Dividends Paid	-$521M
Other Financing Activities	$0
NET CASH FROM FINANCING	$1.2B
FREE CASH FLOW	-$1.3B
Net Change in Cash	$475M

Balance Sheet

Item	Amount
Cash & Equivalents	$556M
Short-Term Investments	$0
Net Receivables	$476M
Inventory	$288M
Other Current Assets	$377M
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$20.3B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$714M
Tax Assets	$824M
Other Non-Current Assets	$2.2B
TOTAL NON-CURRENT ASSETS	$24.1B
TOTAL ASSETS	$25.8B
Account Payables	$498M
Short-Term Debt	$1.2B
Deferred Revenue	$0
Other Current Liabilities	$461M
TOTAL CURRENT LIABILITIES	$2.1B
Long-Term Debt	$11.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3.1B
Other Non-Current Liabilities	$2.0B
TOTAL NON-CURRENT LIABILITIES	$16.4B
TOTAL LIABILITIES	$18.5B
Common Stock	$3M
Additional Paid-In Capital	$3.1B
Retained Earnings	$4.2B
Treasury Stock	-$14M
Accum. Other Comp. Income	$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.3B
Minority Interest	$0
TOTAL EQUITY	$7.3B
TOTAL LIABILITIES & EQUITY	$25.8B
Total Debt	$12.3B
Net Debt	$11.8B