U.S.-based power producer NextEra Energy reported a 21.69% year-over-year (YoY) drop in consolidated revenue to $5.38 billion in the fourth quarter (Q4) of the financial year (FY) 2025 from $6.88 billion. The top line declined 21.7% YoY due to weaker contributions from Florida Power & Light Company and NextEra Energy Resources, the company’s renewables arm. NextEra reported earnings per share (EPS) of $0.53, up from $0.52 in the corresponding quarter of the previous year. The company’s profit after tax (PAT) rose 2.62 % YoY to $1.09 billion from $1.07 billion. The company reported a 9.65% YoY surge in PAT to $7.06 billion from $6.44 billion. The EPS came in at $3.43 in FY 2025 from an EPS of $0.11 in FY 2024. Revenue, however, fell 11.95% YoY to $24.75 billion from $28.11 billion. The company’s renewable business, NextEra Energy Resources, added over 12 GW of new renewables and battery storage projects to its backlog, including approximately 3.3 GW since Q3 FY 2025. With more than 6 GW of new projects placed into service over the last four quarters, NextEra Energy Resources’ backlog currently crosses 25 GW. Over the next four years alone, the company plans to invest roughly $120 billion nationwide to grow its combined fleet to approximately 121 GW. NextEra Energy Resources reported a net loss attributable to NextEra Energy of $442 million, or $0.21 per share, in Q4 FY25, compared to net income attributable to NextEra Energy of $885 million, or $0.43 per share, in the corresponding quarter of the previous year. On an adjusted basis, NextEra Energy Resources’ earnings for the quarter were $446 million, or $0.22 per share, compared to $361 million, or $0.18 per share, for the corresponding quarter of the previous year. For 2026 and 2027, NextEra Energy expects adjusted earnings per share to be in the ranges of $3.63 to $4.00 and $3.85 to $4.32, respectively NextEra Energy reported a net income of $1.85 billion for the Q3 of 2024, a 52.8% increase from $1.21 billion in 2023. In 2023, the company announced that it would focus solely on growing its renewable energy portfolio and sell off its STX Midstream and Meade natural gas pipeline assets in 2023 and 2025.