
Q2 FY26 · Ended Jun 30, 2026 · View SEC filing
Transmission earns half the profit on a fifth of sales
The high-voltage network earns a 49.0% margin, so one federal regulator's return decision reaches most of the profit.
For investorsWhat Eversource's earnings depend on after the FERC order
For foundersEarning on assets a regulator approves
Interest rose 21.24% against 2.29% for revenue, so the cost of debt grew far faster than sales this quarter.
Operating cash flow held near $1.09B while net income fell to $55.6M, so the damage sits in reported profit.
Regulators allow a return on approved assets in service, so building the network, not selling more units, grows profit.
Unlock the financial breakdown, competitive insights, historical trends and founder playbook, plus research across the company library.
Free CXProWealth membership required
Business Lens describes Eversource Energy from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.