NextEra Energy, Inc. (NEE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NEE Revenue Growth
Revenue Breakdown (FY 2025)
NEE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
NEE Revenue Analysis (2014–2025)
As of May 7, 2026, NextEra Energy, Inc. (NEE) generated trailing twelve-month (TTM) revenue of $27.93 billion, reflecting solid growth of +7.3% year-over-year. The most recent quarter (Q1 2026) recorded $6.70 billion in revenue, up 2.1% sequentially.
Looking at the longer-term picture, NEE's 5-year compound annual growth rate (CAGR) stands at +8.8%, indicating steady revenue expansion. The company achieved its highest annual revenue of $28.11 billion in 2023.
Revenue diversification analysis shows NEE's business is primarily driven by Florida Power & Light Company (68%), and NEER Segment (32%). With over half of revenue concentrated in Florida Power & Light Company, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including DUK (+7.6% YoY), SO (+8.3% YoY), and D (+17.1% YoY), NEE has underperformed the peer group in terms of revenue growth. Compare NEE vs DUK →
NEE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NEECurrent | $27.9B | +7.3% | +8.8% | 30.1% | |
 DUK | $32.2B | +7.6% | +6.6% | 26.6% | |
 SO | $29.6B | +8.3% | +7.7% | 24.6% | |
 D | $16.5B | +17.1% | +3.1% | 26.7% | |
 AEP | $21.8B | +8.3% | +7.9% | 24.3% | |
 EXC | $24.3B | +4.6% | -6.0% | 21.2% |
NEE Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $27.48B | +11.0% | $17.25B | 62.8% | $8.28B | 30.1% |
| 2024 | $24.75B | -12.0% | $14.87B | 60.1% | $7.48B | 30.2% |
| 2023 | $28.11B | +34.2% | $17.98B | 63.9% | $10.24B | 36.4% |
| 2022 | $20.96B | +22.8% | $10.14B | 48.4% | $4.08B | 19.5% |
| 2021 | $17.07B | -5.2% | $8.56B | 50.2% | $2.91B | 17.1% |
| 2020 | $18.00B | -6.3% | $10.71B | 59.5% | $5.12B | 28.4% |
| 2019 | $19.20B | +14.8% | $11.20B | 58.3% | $5.35B | 27.9% |
| 2018 | $16.73B | -2.6% | $9.66B | 57.8% | $4.28B | 25.6% |
| 2017 | $17.17B | +6.4% | $9.64B | 56.2% | $5.17B | 30.1% |
| 2016 | $16.14B | -7.7% | $8.62B | 53.4% | $4.46B | 27.6% |
Full NEE Stock Analysis
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Start ComparisonNEE — Frequently Asked Questions
Quick answers to the most common questions about buying NEE stock.
Is NEE's revenue growth accelerating or slowing?
NEE maintains +7.3% revenue growth, in line with its 5-year CAGR of +8.8%. TTM revenue stands at $27.9B. Growth rate remains consistent with historical average.
What is NEE's long-term revenue growth rate?
NextEra Energy, Inc.'s 5-year revenue CAGR of +8.8% reflects the sustained expansion pattern. Current YoY growth of +7.3% is near this long-term average.
How is NEE's revenue distributed by segment?
NEE 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.