Alliant Energy (LNT) Operating Expenses (2009 - 2025)
Alliant Energy's (LNT) quarterly Operating Expenses came in at $867.0 million in Q4 2025, up 14.83% YoY from $755.0 million in Q4 2024, and up 0.7% on a QoQ basis from $861.0 million in Q3 2025.
Alliant Energy (LNT) Operating Expenses (2009 - 2025) Analysis & Trends
Alliant Energy (LNT) has 17 years of Operating Expenses data on file, last reported at $867.0 million in Q4 2025.
- Quarterly Operating Expenses rose 14.83% year-over-year to $867.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.3 billion (up 7.78% YoY) and the FY2025 annual result came in at $3.3 billion, up 7.82% from the prior year.
- Operating Expenses improved to $867.0 million in Q4 2025, from $861.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $899.0 million in Q4 2022 to a low of $641.0 million in Q2 2021.
- A 5-year average of $783.3 million and a median of $773.0 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses advanced 16.64% — and 2023, when it dropped 13.46%.
- Tracing LNT's Operating Expenses over 5 years: stood at $795.0 million in 2021, then advanced by 13.08% to $899.0 million in 2022, then decreased by 13.46% to $778.0 million in 2023, then retreated by 2.96% to $755.0 million in 2024, then advanced by 14.83% to $867.0 million in 2025.
- The last three Operating Expenses figures came in at $867.0 million (Q4 2025), $861.0 million (Q3 2025), and $738.0 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.75 Bn | 75.94 Bn | - | - |
| 2 | Dominion Energy | 59.41 Bn | 58.63 Bn | 3.50 Bn | 4.15 Bn |
| 3 | Xcel Energy | 48.77 Bn | 46.76 Bn | 3.12 Bn | 2.41 Bn |
| 4 | Wec Energy | 35.30 Bn | 35.25 Bn | 1.45 Bn | 1.63 Bn |
| 5 | Ameren | 30.01 Bn | 30.00 Bn | - | 1.63 Bn |
| 6 | Fortis | 28.55 Bn | 28.55 Bn | 1.60 Bn | 1.54 Bn |
| 7 | Edison International | 28.13 Bn | 27.89 Bn | 3.29 Bn | 3.27 Bn |
| 8 | Firstenergy | 27.01 Bn | 26.82 Bn | 2.51 Bn | 3.00 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Alliant Energy | 17.76 Bn | 17.20 Bn | 854.00 Mn | 867.00 Mn |
Historic Data
Download 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 |