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8-K primary document
ES · Current Report (Form 8-K) · Filed February 12, 2026

Eversource Energy8-K exhibit

tm266120d1_ex99-2.htm

 

Exhibit 99.2

 

EVERSOURCE ENERGY AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME 

(Unaudited)

 

   For the Three Months Ended December 31, 
(Thousands of Dollars, Except Share Information)  2025   2024 
Operating Revenues  $3,370,196   $2,971,488 
           
Operating Expenses:          
Purchased Power, Purchased Natural Gas and Transmission   1,000,834    740,832 
Operations and Maintenance   600,430    575,100 
Depreciation   408,016    372,853 
Amortization   163,111    215,369 
Energy Efficiency Programs   212,403    165,007 
Taxes Other Than Income Taxes   274,938    257,488 
Loss on Pending Sale of Aquarion       297,000 
Total Operating Expenses   2,659,732    2,623,649 
Operating Income   710,464    347,839 
Interest Expense   331,159    288,696 
Other Income, Net   105,317    91,612 
Income Before Income Tax Expense   484,622    150,755 
Income Tax Expense   61,436    76,355 
Net Income   423,186    74,400 
Net Income Attributable to Noncontrolling Interests   1,880    1,880 
Net Income Attributable to Common Shareholders  $421,306   $72,520 
           
Basic and Diluted Earnings Per Common Share  $1.12   $0.20 
           
Weighted Average Common Shares Outstanding:          
Basic   375,513,202    366,481,846 
Diluted   376,179,513    366,883,093 

 

The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.

 

 

 

 

EVERSOURCE ENERGY AND SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF INCOME/(LOSS) 

(Unaudited)

 

   For the Years Ended December 31, 
(Thousands of Dollars, Except Share Information)  2025   2024   2023 
Operating Revenues  $13,547,244   $11,900,809   $11,910,705 
                
Operating Expenses:               
Purchased Power, Purchased Natural Gas and Transmission   4,209,172    3,736,078    5,168,241 
Operations and Maintenance   2,073,778    2,012,926    1,895,703 
Depreciation   1,568,578    1,433,503    1,305,840 
Amortization   835,909    342,864    (490,117)
Energy Efficiency Programs   778,348    671,828    691,344 
Taxes Other Than Income Taxes   1,092,870    997,901    940,359 
Loss on Pending Sale of Aquarion       297,000     
Total Operating Expenses   10,558,655    9,492,100    9,511,370 
Operating Income   2,988,589    2,408,709    2,399,335 
Interest Expense   1,243,266    1,111,336    855,441 
Losses on Offshore Wind   284,000    464,019    2,167,000 
Other Income, Net   378,854    410,482    348,069 
Income/(Loss) Before Income Tax Expense   1,840,177    1,243,836    (275,037)
Income Tax Expense   140,286    424,664    159,684 
Net Income/(Loss)   1,699,891    819,172    (434,721)
Net Income Attributable to Noncontrolling Interests   7,519    7,519    7,519 
Net Income/(Loss) Attributable to Common Shareholders  $1,692,372   $811,653   $(442,240)
                
Basic Earnings/(Loss) Per Common Share  $4.56   $2.27   $(1.27)
                
Diluted Earnings/(Loss) Per Common Share  $4.56   $2.27   $(1.26)
                
Weighted Average Common Shares Outstanding:               
Basic   370,852,601    357,482,965    349,580,638 
Diluted   371,259,264    357,779,408    349,840,481 

 

The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.

 

 

 

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