For the quarter ending 2026-03-31, NSARO had $91,546K increase in cash & cash equivalents over the period. $315,015K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 608,721 | 423,186 | 1,276,705 | - |
| Depreciation | 420,481 | 408,015 | 1,160,563 | - |
| Deferred income taxes | 81,402 | 11,695 | 15,618 | - |
| Uncollectible expense | 30,795 | 41,527 | 59,614 | - |
| Pension, serp and pbop income, net | -28,287 | -20,628 | -60,000 | - |
| Pension contributions | - | - | 2,500 | - |
| Regulatory over recoveries, net | -126,339 | 201,552 | -214,614 | - |
| Amortization | -402,764 | -163,111 | -672,798 | - |
| Cost of removal expenditures | 41,385 | 74,241 | 201,665 | - |
| Losses on offshore wind | - | 0 | 284,000 | - |
| Loss on pending sale of aquarion | - | 0 | - | - |
| Other | -28,255 | 95,435 | -90,609 | - |
| Receivables and unbilled revenues, net | 264,738 | 389,692 | -25,536 | - |
| Taxes receivable/accrued, net | -247,015 | -50,351 | -92,980 | - |
| Accounts payable | -145,387 | 287,460 | -203,268 | - |
| Other current assets and liabilities, net | 141,649 | -309,760 | 228,089 | - |
| Net cash flows provided by operating activities | 1,324,326 | 916,057 | 1,099,611 | 2,097,904 |
| Investments in property, plant and equipment | 1,009,311 | 983,311 | 1,125,957 | 2,049,401 |
| Proceeds from sales of marketable securities | 40,954 | 183,061 | 132,351 | 123,899 |
| Purchases of marketable securities | 37,075 | 173,552 | 125,755 | 116,775 |
| Payments for offshore wind contingent liability | 150,001 | 59,500 | 72,710 | 68,632 |
| Investments in unconsolidated affiliates | 0 | 113 | 47 | 541 |
| Proceeds from sales of offshore wind investments | - | 0 | 0 | - |
| Other investing activities | -5,490 | -20,035 | -2,522 | -8,263 |
| Net cash flows used in investing activities | -1,149,943 | -1,013,380 | -1,189,596 | -2,103,187 |
| Issuance of common shares, net of issuance costs | - | -9 | 247,377 | 218,021 |
| Cash dividends on common shares | 290,023 | 276,645 | 275,570 | 540,859 |
| Cash dividends on preferred stock | 1,880 | 1,880 | 1,880 | 3,759 |
| Decrease in notes payable | -992,445 | 7,945 | 137,000 | -662,293 |
| Repayment of rate reduction bonds | 21,605 | 0 | 21,605 | 21,605 |
| Issuance of long-term debt | 1,502,574 | 902,071 | 312,089 | 1,728,193 |
| Retirement of long-term debt | 250,116 | 650,106 | 375,103 | 375,122 |
| Other financing activities | -29,342 | -4,536 | -3,381 | -26,815 |
| Net cash flows (used in)/provided by financing activities | -82,837 | -23,160 | 18,927 | 315,761 |
| Net (decrease)/increase in cash and restricted cash | 91,546 | -120,483 | -71,058 | 310,478 |
| Cash and restricted cash - beginning of period | 246,245 | 366,728 | 127,308 | - |
| Cash and restricted cash - end of period | 337,791 | 246,245 | 366,728 | - |
NSTAR ELECTRIC CO (NSARO)
NSTAR ELECTRIC CO (NSARO)