Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 393

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 393
---
 $2,408,988 Net income (loss)(2,479)49,345 46,866 Capital contribution from parent— 62,500 62,500 Balance at March 31, 20255,723 2,512,631 2,518,354 Net income (loss)(412)84,684 84,272 Balance at June 30, 2025$5,311 $2,597,315 $2,602,626 See Notes to Financial Statements.

138

ENTERGY NEW ORLEANS, LLC AND SUBSIDIARIES

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

Results of Operations

Net Income

Second Quarter 2025 Compared to Second Quarter 2024

Net income decreased $3.1 million primarily due to higher other operation and maintenance expenses and higher interest expense.

Six Months Ended June 30, 2025 Compared to Six Months Ended June 30, 2024

Entergy New Orleans had net income of $30.1 million for the six months ended June 30, 2025 compared to a net loss of $27.8 million for the six months ended June 30, 2024 primarily due to a $78.5 million ($57.4 million net-of-tax) regulatory charge, recorded in first quarter 2024, primarily to reflect a settlement in principle between Entergy New Orleans and the City Council in April 2024 for additional sharing with customers of income tax benefits from the resolution of the 2016-2018 IRS audit.  Also contributing to the net income variance were higher volume/weather, higher retail electric price, and lower other operation and maintenance expenses, partially offset by higher interest expense and higher depreciation and amortization expenses.  See Note 3 to the financial statements in the Form 10-K for discussion of the April 2024 settlement in principle and discussion of the resolution of the 2016-2018 IRS audit.

Operating Revenues

Second Quarter 2025 Compared to Second Quarter 2024

Following is an analysis of the change in operating revenues comparing the second quarter 2025 to the second quarter 2024:

Amount(In Millions)2024 operating revenues$199.3 Fuel, rider, and other revenues that do not significantly affect net income9.8 Retail electric price1.8 Volume/weather(0.9)2025 operating revenues$210.0 

Entergy New Orleans’s