Fortis (FTS) Net Income (2015 - 2026)

Fortis (FTS) posted Net Income of $409.8 million for Q1 2026, up 17.83% on a QoQ basis from $347.8 million in Q4 2025, and up 5.38% year-over-year from $388.9 million in Q1 2025.

Fortis (FTS) Net Income (2015 - 2026) Analysis & Trends

Fortis' Net Income history runs 12 years deep, the most recent figure standing at $409.8 million for Q1 2026.

  • Quarterly Net Income rose 5.38% year-over-year to $409.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 5.75% YoY) and the FY2025 annual result came in at $1.4 billion, up 7.46% from the prior year.
  • Net Income was $409.8 million for Q1 2026 at Fortis, up from $347.8 million in the prior quarter.
  • Across five years, Net Income topped out at $409.8 million in Q1 2026 and bottomed at $257.6 million in Q2 2023.
  • A 5-year average of $328.1 million and a median of $322.8 million in 2024 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2023 — Net Income advanced 16.69% — and 2025, when it fell 1.71%.
  • Fortis' Net Income stood at $309.4 million in 2022, then increased by 3.27% to $319.5 million in 2023, then increased by 1.04% to $322.8 million in 2024, then grew by 7.72% to $347.8 million in 2025, then rose by 17.83% to $409.8 million in 2026.
  • Business Quant data shows FTS's Net Income at $409.8 million in Q1 2026, $347.8 million in Q4 2025, and $344.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 409.81 Mn
2 Dominion Energy 62.80 Bn 67.01 Bn - -1.00 Mn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 556.00 Mn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 806.10 Mn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - 36.54 Mn
6 Ameren 31.32 Bn 31.43 Bn - 358.00 Mn
7 Edison International 30.65 Bn 30.49 Bn - 1.92 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 466.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - 287.31 Mn
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 277.00 Mn

Historic Data

Download Data
DateValue
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