Alliant Energy (LNT) Operating Expenses (2009 - 2025)
Alliant Energy (LNT) posted Operating Expenses of $867 million for Q4 2025, up 14.8% from $755 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Alliant Energy (LNT) Operating Expenses (2009 - 2025) Analysis & Trends
For FY2025, Alliant Energy's Operating Expenses came in at $3.34 billion, up 7.8% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- In prior years, Alliant Energy's Operating Expenses was $3.1 billion in FY2024 (+0.4%), $3.08 billion in FY2023 (-5.9%), $3.28 billion in FY2022 (+14.0%) and $2.87 billion in FY2021 (+7.4%).
- Quarterly Operating Expenses has run from a low of $641 million in Q2 2021 to a high of $899 million in Q4 2022 over five years.
- On a year-over-year basis, Operating Expenses increased in five of the last eight quarters, with growth averaging 4.3%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2022, with growth of 16.6%; the weakest was Q4 2023, with a decline of 13.5%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $861 million (Q3 2025), $738 million (Q2 2025) and $871 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | -140.00 Mn |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 4.15 Bn |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | 2.41 Bn |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 1.63 Bn |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 1.63 Bn |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 626.05 Mn |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | - |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 813.00 Mn |
| 10 | Alliant Energy | 16.54 Bn | 14.88 Bn | 913.00 Mn | 867.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 867.00 Mn |
| Sep 30, 2025 | 861.00 Mn |
| Jun 30, 2025 | 738.00 Mn |
| Mar 31, 2025 | 871.00 Mn |
| Dec 31, 2024 | 755.00 Mn |
| Sep 30, 2024 | 768.00 Mn |
| Jun 30, 2024 | 764.00 Mn |
| Mar 31, 2024 | 809.00 Mn |
| Dec 31, 2023 | 778.00 Mn |
| Sep 30, 2023 | 755.00 Mn |
| Jun 30, 2023 | 695.00 Mn |
| Mar 31, 2023 | 855.00 Mn |
| Dec 31, 2022 | 899.00 Mn |
| Sep 30, 2022 | 826.00 Mn |
| Jun 30, 2022 | 731.00 Mn |
| Mar 31, 2022 | 820.00 Mn |
| Dec 31, 2021 | 795.00 Mn |
| Sep 30, 2021 | 735.00 Mn |
| Jun 30, 2021 | 641.00 Mn |
| Mar 31, 2021 | 703.00 Mn |
API Access
Alliant Energy Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();