LNT Alliant Energy

FY2025 10-K
Filed: Feb 20, 2026
Utilities
Electric & Other Services CombinedSEC EDGAR

Alliant Energy (LNT) filed its fiscal year 2025 10-K annual report with the SEC on Feb 20, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Regulated electric and natural gas utility serving Midwest retail customers via IPL and WPL
  • New emphasis: Exit of IPL’s steam business post-2025; continued focus on renewable energy projects with 400 MW solar placed in service 2024
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Management Discussion & Analysis

  • Revenue $3.697B in 2025, up $325M YoY from $3.372B, driven by higher electric utility revenues (+$333M) and gas utility revenues (+$60M)
  • Utilities and Corporate Services net income $875M, EPS $3.39 in 2025 vs $722M, EPS $2.81 in 2024; consolidated net income $810M, EPS $3.14 vs $690M, EPS $2.69
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Risk Factors

  • Compliance risk with NERC Critical Infrastructure Protection and DHS Transportation Security Administration cybersecurity standards
  • Cybersecurity threat from evolving risks potentially impacting operations despite layered defenses and annual third-party NIST framework assessments
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Financial Summary
XBRL

Revenue

$4.4B

Net Income

$810M

Operating Margin

23.5%

Net Margin

18.6%

ROE

11.0%

Total Assets

$25.0B

EPS (Diluted)

$3.14

Operating Cash Flow

$1.2B

Source: XBRL data from Alliant Energy FY2025 10-K filing on SEC EDGAR. All figures in USD.

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