Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 251

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 7
Chunk 251
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Table of Contents

ENTERGY CORPORATION AND SUBSIDIARIES

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

Entergy operates primarily through a single reportable segment, Utility.  The Utility segment includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and included operation of a small natural gas distribution business in portions of Louisiana through June 30, 2025.  See Note 13 to the financial statements herein and the “Held for Sale - Natural Gas Distribution Businesses” section in Note 14 to the financial statements in the Form 10-K for discussion of the sale of the Entergy New Orleans and Entergy Louisiana natural gas distribution businesses on July 1, 2025.  See Note 7 to the financial statements herein for discussion of and financial information regarding Entergy’s reportable segment.

Results of Operations

Third Quarter 2025 Compared to Third Quarter 2024

Following are income statement variances for Utility, Parent & Other, and Entergy comparing the third quarter 2025 to the third quarter 2024 showing how much the line item increased or (decreased) in comparison to the prior period.

UtilityParent &Other (a)Entergy(In Thousands)2024 Net Income (Loss) Attributable to Entergy Corporation$786,547 ($141,607)$644,940 Operating revenues427,194 (4,275)422,919 Fuel, fuel-related expenses, and gas purchased for resale179,964 (5,148)174,816 Purchased power60,485 (3,817)56,668 Other regulatory charges (credits) - net79,096 — 79,096 Other operation and maintenance49,804 (1,525)48,279 Asset write-offs, impairments, and related charges12,795 — 12,795 Taxes other than income taxes40,124 120 40,244 Depreciation and amortization26,864 40 26,904 Other income (deductions)66,000 13,058 79,058 Interest expense39,597 (9,862)29,735 Other expenses(9,100)38 (9,062)Income taxes(14,160)3,992 (10,168)Preferred dividend requirements of subsidiaries and noncontrolling interests3