Eversource EnergyESEarnings & Financial Report
Eversource Energy is a publicly traded, Fortune 500 energy company headquartered in Springfield, Massachusetts with additional corporate offices in Hartford, Connecticut, and Boston, Massachusetts, with several regulated subsidiaries offering retail electricity, natural gas service and water service to approximately 4 million customers in Connecticut, Massachusetts, and New Hampshire.
Revenue
$3.3B
Gross Profit
N/A
Operating Profit
$846.0M
Net Profit
$523.7M
Gross Margin
N/A
Operating Margin
25.4%
Net Margin
15.7%
YoY Growth
-12.2%
EPS
$1.49
Eversource Energy Q1 FY2024 Financial Summary
Eversource Energy reported revenue of $3.3B (down 12.2% YoY) for Q1 FY2024, with a net profit of $523.7M (up 6.2% YoY) (15.7% margin).
Key Financial Metrics
| Total Revenue | $3.3B |
|---|---|
| Net Profit | $523.7M |
| Gross Margin | N/A |
| Operating Margin | 25.4% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
Eversource Energy Q1 FY2024 revenue of $3.3B breaks down across 9 segments, led by Residential at $1.3B (37.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Residential | $1.3B | 37.6% |
| Commercial | $707.5M | 21.2% |
| Eversource Electric Transmission | $478.0M | 14.3% |
| Wholesale Transmission Revenue | $474.1M | 14.2% |
| Wholesale Market Sales Revenue | $165.3M | 5.0% |
| Industrial | $87.7M | 2.6% |
| Eversource Water | $50.1M | 1.5% |
| Water Distribution Segment | $48.2M | 1.4% |
| Other Revenue Adjustmentsfrom Contractswith Customers | $28.4M | 0.9% |
Eversource Energy Revenue by Segment — Quarterly Trend
Eversource Energy revenue by segment across the last 4 reported quarters, showing how each business line (such as Residential and Commercial) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Residential | $1.2B | — | — | $1.5B |
| Commercial | $789.0M | $905.1M | $771.7M | $807.6M |
| Eversource Electric Transmission | $573.8M | $695.4M | $599.7M | $597.6M |
| Wholesale Transmission Revenue | $570.0M | $691.7M | $596.4M | $594.0M |
| Wholesale Market Sales Revenue | — | $220.6M | $155.2M | $347.8M |
Eversource Energy Annual Revenue by Year
Eversource Energy annual revenue history includes year-by-year totals (for example, 2025 revenue was $13.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $13.5B |
| 2024 | $11.9B |
Eversource Energy Quarterly Revenue & Net Profit History
Eversource Energy results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $3.4B | +13.4% | $423.2M | 12.6% |
| Q3 FY2025 | $3.2B | +5.1% | $369.4M | 11.5% |
| Q2 FY2025 | $2.8B | +12.0% | $354.6M | 12.5% |
| Q1 FY2025 | $4.1B | +23.6% | $552.7M | 13.4% |
| Q4 FY2024 | $3.0B | +10.3% | $74.4M | 2.5% |
| Q3 FY2024 | $3.1B | +9.7% | $-116.2M | -3.8% |
| Q2 FY2024 | $2.5B | -3.6% | $337.2M | 13.3% |
| Q1 FY2024 | $3.3B | -12.2% | $523.7M | 15.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.33B | $2.53B | $3.06B | $2.97B | $4.12B | $2.84B | $3.22B | $3.37B |
| YoY Growth | -12.2% | -3.6% | 9.7% | 10.3% | 23.6% | 12.0% | 5.1% | 13.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $57.32B | $58.35B | $58.57B | $59.59B | $60.19B | $60.96B | $61.70B | $63.79B |
| Liabilities | $42.78B | $43.53B | $43.53B | $44.56B | $44.85B | $45.29B | $45.67B | $47.59B |
| Equity | $14.54B | $14.82B | $15.04B | $15.04B | $15.34B | $15.67B | $16.03B | $16.20B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $291.3M | $670.7M | $555.6M | $642.1M | $1.04B | $1.06B | $1.10B | $916.1M |