American Electric Power revenue and financials

AEP · NASDAQ · USD

$121.67+1.62%+$1.94

Close · October 6, 2026

In the fiscal year ended December 2025, American Electric Power reported revenue of $21.88B (+10.93% year over year). Net income was $3.7B, a net margin of 16.9%.

Annual revenue · 2025: $21.88B

$16.38B2016
$15.42B2017
$16.2B2018
$15.56B2019
$14.92B2020
$16.79B2021
$19.64B2022
$18.98B2023
$19.72B2024
$21.88B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +10.93%; 2025 vs 2024
Net income growth: +24.19%; 2025 vs 2024
Net margin: 16.9%; 2024: 15.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	5,445	6,020	5,315	6,010	5,087	5,463	4,696	5,420	4,579	5,026	4,577	5,342
Cost of revenue	2,047	2,529	2,041	2,385	1,931	—	—	—	—	—	—	—
Gross profit	3,398	3,491	3,274	3,625	3,156	—	—	—	—	—	—	—
Operating income	1,247	1,391	1,180	1,521	1,399	—	—	—	—	—	—	—
EBIT	1,266	1,429	1,214	1,556	1,434	1,319	1,094	1,398	864	1,218	745	1,409
EBITDA	2,176	2,336	2,082	2,435	2,288	2,152	1,884	2,251	1,686	2,005	1,460	2,201
Interest expense	585	552	533	509	489	—	—	—	—	—	—	—
Pre-tax income	799	947	721	1,139	1,038	927	725	999	349	864	289	1,023
Income tax	52.0	44.0	116	139	-251	125	58.7	37.5	6.7	-142	-48.6	64.2
Net income	713	874	582	972	1,226	800	664	960	340	1,003	336	954
Net income to common shareholders	713	874	582	972	1,226	800	664	960	340	1,003	336	954
Basic EPS	1.31	1.61	1.09	1.82	2.29	1.50	1.25	1.80	0.64	1.91	0.64	1.83
Diluted EPS	1.30	1.60	1.09	1.81	2.29	1.50	1.24	1.80	0.64	1.90	0.63	1.83
Average shares (basic)	544	542	536	535	534	533	533	532	529	527	526	520
Average shares (diluted)	551	547	536	538	536	535	534	534	530	528	526	521
Dividend per share	0.95	0.95	0.95	0.93	0.93	0.93	0.93	0.88	0.88	0.88	0.88	0.83