Alliant Energy Corporation (LNT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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LNT Revenue Growth
Revenue Breakdown (FY 2025)
LNT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
LNT Revenue Analysis (2014–2025)
As of May 8, 2026, Alliant Energy Corporation (LNT) generated trailing twelve-month (TTM) revenue of $4.42 billion, reflecting modest growth of +5.0% year-over-year. The most recent quarter (Q1 2026) recorded $1.18 billion in revenue, up 11.3% sequentially.
Looking at the longer-term picture, LNT's 5-year compound annual growth rate (CAGR) stands at +5.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $4.36 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows LNT's business is primarily driven by Electric (87%), Gas (12%), and Other Utility (1%). With over half of revenue concentrated in Electric, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including WEC (+11.2% YoY), EVRG (+2.4% YoY), and OGE (+4.1% YoY), LNT has underperformed the peer group in terms of revenue growth. Compare LNT vs WEC →
LNT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LNTCurrent | $4.4B | +5.0% | +5.0% | 23.5% | |
 WEC | $9.8B | +11.2% | +6.2% | 24.2% | |
 EVRG | $5.9B | +2.4% | +3.8% | 25.2% | |
 OGE | $3.3B | +4.1% | +9.0% | 24.5% | |
 NWE | $1.6B | +9.1% | +6.1% | 20.2% | |
 OTTR | $1.3B | -0.5% | +7.9% | 26.5% |
LNT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.36B | +9.6% | $1.75B | 40.1% | $1.02B | 23.5% |
| 2024 | $3.98B | -1.1% | $1.78B | 44.7% | $886.0M | 22.3% |
| 2023 | $4.03B | -4.2% | $1.73B | 43.1% | $943.0M | 23.4% |
| 2022 | $4.21B | +14.6% | $1.71B | 40.6% | $928.0M | 22.1% |
| 2021 | $3.67B | +7.4% | $1.56B | 42.4% | $795.0M | 21.7% |
| 2020 | $3.42B | -6.4% | $1.46B | 42.8% | $740.0M | 21.7% |
| 2019 | $3.65B | +3.2% | $1.46B | 39.9% | $778.0M | 21.3% |
| 2018 | $3.53B | +4.5% | $1.31B | 36.9% | $694.4M | 19.6% |
| 2017 | $3.38B | +1.9% | $1.24B | 36.6% | $653.4M | 19.3% |
| 2016 | $3.32B | +2.0% | $1.14B | 34.3% | $554.1M | 16.7% |
Full LNT Stock Analysis
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Start ComparisonLNT — Frequently Asked Questions
Quick answers to the most common questions about buying LNT stock.
Is LNT's revenue growth accelerating or slowing?
LNT revenue growth slowed to +5.0%, below the 5-year CAGR of +5.0%. TTM revenue is $4.4B. The deceleration marks a shift from historical growth rates.
What is LNT's long-term revenue growth rate?
Alliant Energy Corporation's 5-year revenue CAGR of +5.0% reflects the variable expansion pattern. Current YoY growth of +5.0% is near this long-term average.
How is LNT's revenue distributed by segment?
LNT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.