Nextera Energy Stock Drops 3.03% on 76.05% Profit Plunge

On June 30, 2025, Nextera's stock experienced a 3.03% drop in pre-market trading.

Nextera Energy, a leading electric utility company, reported its first-quarter earnings for the fiscal year 2025. The company's revenue for the period from January 1, 2025, to March 31, 2025, was $62.47 billion, marking a 9.00% year-over-year increase. However, the net profit for the same period was $4.64 billion, a significant 76.05% decrease compared to the previous year.

Nextera Energy, established in 1984 under Florida law, is one of the largest electric and energy infrastructure companies in North America and a leader in the renewable energy sector. The company operates through two main segments: FPL and NEER. FPL is the largest electric utility in Florida and one of the largest in the United States, focusing on investing in generation, transmission, and distribution infrastructure to maintain its low-cost, high-reliability value proposition, excellent customer service, and clean energy solutions for over 5 million customers. NEER is the world's largest generator of wind and solar renewable energy. Its strategic focus is on the development, construction, and operation of long-term contracted assets in the United States and Canada, including renewable energy generation facilities, natural gas pipelines, transmission infrastructure, and battery storage projects. In January 2019, Nextera completed the acquisition of Gulf Power, a rate-regulated electric utility operating in northwest Florida.