Fortis (FTS) Net Income (2015 - 2026)
Fortis (FTS) posted quarterly Net Income of $332.5 million for Q2 2026, up 3.78% year-over-year from $320.4 million in Q2 2025, and down 18.85% on a QoQ basis from $409.8 million in Q1 2026.
Fortis (FTS) Net Income (2015 - 2026) Analysis & Trends
Fortis has reported Net Income for 12 years, with the latest figure at $332.5 million in Q2 2026.
- Net Income for Q2 2026 came in at $332.5 million, up 3.78% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.4 billion (up 3.76% YoY), and the FY2025 annual result was $1.4 billion, up 7.46% from the prior year.
- Net Income slipped to $332.5 million in Q2 2026, from $409.8 million in the prior quarter.
- Over five years, Net Income peaked at $409.8 million in Q1 2026 and troughed at $257.6 million in Q2 2023.
- A 5-year average of $328.3 million and a median of $327.4 million in 2023 frame the typical range for Net Income.
- The widest annual swing landed in 2023, when Net Income advanced 16.69%; it then fell 1.71% in 2025.
- A 5-year view of Net Income shows it 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 slipped by 4.38% to $332.5 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $332.5 million in Q2 2026, $409.8 million in Q1 2026, and $347.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 617.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 586.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 301.00 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 316.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 332.55 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 561.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 352.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 270.37 Mn |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 373.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 332.55 Mn |
| 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 |