Fortis (FTS) Net Income (2015 - 2026)
Fortis (FTS) reported Net Income of $409.8 million for Q1 2026, up 5.38% on a YoY basis from $388.9 million in Q1 2025, and up 17.83% quarter-over-quarter from $347.8 million in Q4 2025.
Fortis (FTS) Net Income (2015 - 2026) Analysis & Trends
Fortis has reported Net Income for 12 years, with the latest figure at $409.8 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income rose 5.38% year-over-year to $409.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 5.75% YoY), and the FY2025 full-year result was $1.4 billion, up 7.46% from the prior year.
- Net Income for Q1 2026 stood at $409.8 million, up from $347.8 million in the prior quarter.
- The five-year high for Net Income was $409.8 million in Q1 2026, with the low at $257.6 million in Q2 2023.
- Historically, Net Income has averaged $328.1 million across 5 years, with a median of $322.8 million in 2024.
- Annual changes were most pronounced in 2023 — Net Income increased 16.69% — and 2025, when it slipped 1.71%.
- Fortis' Net Income stood at $309.4 million in 2022, then climbed by 3.27% to $319.5 million in 2023, then climbed by 1.04% to $322.8 million in 2024, then advanced by 7.72% to $347.8 million in 2025, then grew by 17.83% to $409.8 million in 2026.
- The last three Net Income figures came in at $409.8 million (Q1 2026), $347.8 million (Q4 2025), and $344.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 409.81 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | -1.00 Mn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 556.00 Mn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 806.10 Mn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 358.00 Mn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 1.03 Bn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 1.92 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 466.00 Mn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 277.00 Mn |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | 142.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 409.81 Mn |
| Dec 31, 2025 | 347.79 Mn |
| Sep 30, 2025 | 344.42 Mn |
| Jun 30, 2025 | 320.44 Mn |
| Mar 31, 2025 | 388.88 Mn |
| Dec 31, 2024 | 322.85 Mn |
| Sep 30, 2024 | 350.40 Mn |
| Jun 30, 2024 | 282.95 Mn |
| Mar 31, 2024 | 379.96 Mn |
| Dec 31, 2023 | 319.52 Mn |
| Sep 30, 2023 | 331.94 Mn |
| Jun 30, 2023 | 257.58 Mn |
| Mar 31, 2023 | 358.01 Mn |
| Dec 31, 2022 | 309.42 Mn |
| Sep 30, 2022 | 284.46 Mn |
| Jun 30, 2022 | 258.83 Mn |
| Mar 31, 2022 | 310.26 Mn |
| Dec 31, 2021 | 294.33 Mn |
| Sep 30, 2021 | 271.69 Mn |
| Jun 30, 2021 | 240.80 Mn |