TENNESSEE VALLEY AUTHORITY

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

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $12.05B $12.54B $10.50B $10.25B $11.32B $11.23B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $2.57B $2.23B $1.69B $2.41B $2.85B $2.71B $2.81B $2.57B
Operating Margin 14.1% 19.2% 27.1% 26.5% 24.8% 22.9%
Interest Expense $1.24B
Pretax Income
Income Tax Expense
Net Income $1.36B $1.14B $500.0M $1.11B $1.51B $1.35B $1.42B $1.12B
Net Margin 4.1% 8.8% 14.4% 13.2% 12.5% 10.0%
EPS (Basic)
EPS (Diluted)
Shares Outstanding (Basic) 0 0 0 0 0 0 0 0
Shares Outstanding (Diluted) 0 0 0 0 0 0 0 0
Dividends Per Share
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