AEP Q1 earnings rise to $1.61 per share; 2026 guidance reaffirmed
American Electric Power reported first-quarter 2026 GAAP earnings of $874 million, or $1.61 per share, up from $800 million, or $1.50 per share, a year earlier. The company reaffirmed its 2026 operating earnings guidance of $6.15 to $6.45 per share and raised its five-year capital plan to $78 billion from $72 billion, which it says supports a greater than 9% operating earnings growth rate through 2030.
Key points
- Q1 2026 revenue was $6,020 million, up from $5,463 million in Q1 2025.
- Q1 2026 operating earnings were $891 million, or $1.64 per share, versus $823 million, or $1.54 per share, a year earlier.
- The 2026 operating EPS guidance of $6.15 to $6.45 was reaffirmed; the GAAP EPS equivalent is $6.12 to $6.42.
- The five-year capital plan rose to $78 billion from $72 billion, and transmission investment is now expected to be $33 billion.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.