American Electric Power Company, Inc.

AEP ·Utilities, Utilities - Regulated Electric, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024
Revenue $6.02B $5.32B $6.01B $5.09B $5.46B $4.70B $5.42B $4.58B
Cost of Revenue $2.12B $1.66B $1.98B $1.54B $1.85B $1.33B $1.66B $1.37B
Gross Profit $3.90B $3.66B $4.03B $3.55B $3.61B $3.36B $3.76B $3.21B
Gross Margin 64.8% 68.8% 67.1% 69.7% 66.1% 71.6% 69.4% 70.1%
Operating Expenses
Research & Development — — — — — — — —
SG&A Expense — — — — — — — —
Operating Income $1.36B $1.11B $1.52B $1.40B $1.28B $1.10B $1.35B $683.9M
Operating Margin 22.6% 21.0% 25.3% 27.5% 23.5% 23.3% 24.9% 14.9%
Interest Expense — — — — — — $498.8M $465.6M
Pretax Income $922.0M $801.3M $1.12B $1.02B $889.0M $791.8M $981.9M $324.0M
Income Tax Expense $44.0M $116.2M $138.7M $-250.9M $125.0M $58.7M $37.5M $6.7M
Net Income $903.0M $605.4M $1.00B $1.29B $802.0M $666.1M $961.7M $342.5M
Net Margin 15.0% 11.4% 16.6% 25.3% 14.7% 14.2% 17.7% 7.5%
EPS (Basic) $1.61 $1.09 $1.82 $2.29 $1.50 $1.25 $1.80 $0.64
EPS (Diluted) $1.60 $1.06 $1.81 $2.29 $1.50 $1.24 $1.80 $0.64
Shares Outstanding (Basic) 542.1M 534.5M 534.9M 534.3M 533.4M 530.1M 532.2M 528.9M
Shares Outstanding (Diluted) 547.1M 537.5M 538.0M 536.4M 534.7M 531.3M 533.6M 530.1M
Dividends Per Share $0.95 $0.95 $0.93 $0.93 $0.93 $0.93 $0.88 $0.88
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