Form 10-Q · Quarterly report
CenterPoint Energy 10-Q, filed Oct 27, 2026
- Filed
- CIK
- 0001130310
- Accession no.
- 0001130310-26-000048
Summary
CenterPoint Energy reported third-quarter 2026 net income of $331 million, up from $293 million a year earlier, and raised its 10-year capital plan by $4 billion to about $70.7 billion through 2035. The company also said Houston Electric submitted roughly 14 gigawatts of large-load demand into ERCOT's Batch Zero process and appointed Lauren C. Clark as Executive Vice President and Chief Human Resources Officer effective October 1, 2026.
Key points
- Nine-month 2026 net income was $891 million versus $788 million for the same period in 2025, with the Electric segment contributing $739 million.
- The PUCT approved ERCOT's Batch Zero process for large-user connection requests on June 18, 2026, under the implementation of Texas Senate Bill 6.
- Houston Electric estimates about 10 gigawatts of previously submitted base load demand and roughly two gigawatts of studied load demand remain in ERCOT's Batch Zero process, and said ultimate connection quantities and timing remain uncertain.
- CenterPoint Energy entered a 2026 Equity Distribution Agreement on May 15, 2026 for at-the-market sales of up to $1 billion in common stock, terminating its prior 2024 program.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF CENTERPOINT ENERGY, INC. AND SUBSIDIARIES The following combined discussion and analysis should be read in combination with the Interim Condensed Financial Statements contained in Item 1 herein and the Registrants’ combined 2025 Form 10-K. The discussion of CenterPoint Energy’s consolidated financial information includes the results of CenterPoint Energy Houston Electric, LLC and CenterPoint Energy Resources Corp., which, along with CenterPoint Energy, Inc. are collectively referred to as the Registrants. …
An excerpt of the text as filed with the SEC, cut for length.
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