Hydro One (HRNNF) Net Income (2017 - 2026)
Hydro One (HRNNF) posted quarterly Net Income of $287.3 million for Q1 2026, up 14.2% year-over-year from $251.6 million in Q1 2025, and up 71.22% quarter-over-quarter from $167.8 million in Q4 2025.
Hydro One (HRNNF) Net Income (2017 - 2026) Analysis & Trends
Hydro One (HRNNF) has reported Net Income for 10 consecutive years, with $287.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income rose 14.2% year-over-year to $287.3 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 13.11% YoY), while the FY2025 annual figure was $965.5 million, up 13.47% from the prior year.
- Net Income climbed to $287.3 million in Q1 2026 per HRNNF's latest filing, from $167.8 million in the prior quarter.
- Across five years, Net Income topped out at $308.8 million in Q3 2025 and bottomed at $131.9 million in Q4 2022.
- Historically, Net Income has averaged $219.7 million across 5 years, with a median of $218.9 million in 2024.
- Annual changes were most pronounced in 2023 — Net Income dropped 14.71% — and 2025, when it advanced 16.62%.
- Hydro One's Net Income stood at $131.9 million in 2022, then climbed by 1.93% to $134.4 million in 2023, then grew by 7.04% to $143.9 million in 2024, then rose by 16.62% to $167.8 million in 2025, then jumped by 71.22% to $287.3 million in 2026.
- Business Quant data shows HRNNF's Net Income at $287.3 million in Q1 2026, $167.8 million in Q4 2025, and $308.8 million in Q3 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 |
|---|---|
| Mar 31, 2026 | 287.31 Mn |
| Dec 31, 2025 | 167.80 Mn |
| Sep 30, 2025 | 308.82 Mn |
| Jun 30, 2025 | 237.44 Mn |
| Mar 31, 2025 | 251.59 Mn |
| Dec 31, 2024 | 143.89 Mn |
| Sep 30, 2024 | 274.16 Mn |
| Jun 30, 2024 | 215.69 Mn |
| Mar 31, 2024 | 218.92 Mn |
| Dec 31, 2023 | 134.42 Mn |
| Sep 30, 2023 | 268.53 Mn |
| Jun 30, 2023 | 198.77 Mn |
| Mar 31, 2023 | 210.07 Mn |
| Dec 31, 2022 | 131.87 Mn |
| Sep 30, 2022 | 237.69 Mn |
| Jun 30, 2022 | 201.58 Mn |
| Mar 31, 2022 | 246.32 Mn |
| Dec 31, 2021 | 127.73 Mn |
| Sep 30, 2021 | 239.91 Mn |
| Jun 30, 2021 | 195.25 Mn |