nsaro: the income statement

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NSTAR ELECTRIC CO (NSARO)

For the quarter ending 2025-06-30, NSARO made $2,838,068K in revenue. $352,728K in net income. Net profit margin of 12.43%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Operating revenues	2,838,068	4,118,355	3,063,224	2,533,522
Operations and maintenance	467,557	487,451	510,439	464,424
Taxes other than income taxes	258,727	271,595	264,371	239,427
Depreciation	385,595	379,579	366,145	354,591
Amortization	109,103	455,449	243,957	-114,137
Purchased power, purchased natural gas and transmission	818,747	1,340,337	917,858	841,431
Energy efficiency programs	135,290	257,550	148,054	145,288
Total operating expenses	2,175,019	3,191,961	2,450,824	1,931,024
Operating income	663,049	926,394	612,400	602,498
Other income, net	95,363	92,344	112,555	115,285
Interest expense	293,193	300,849	300,576	271,316
Losses on offshore wind investments	-	-	464,019	-
Income before income tax expense	465,219	717,889	-39,640	446,467
Income tax expense	110,611	165,221	76,537	109,246
Net income	354,608	552,668	-116,177	337,221
Net income attributable to noncontrolling interests	1,880	1,880	1,880	1,880
Net income attributable to common shareholders	352,728	550,788	-118,057	335,341

Basic (in shares)	368,661,995	367,320,246	359,520,518	353,212,378
Basic earnings per common share (in dollars per share)	0.96	1.5	-0.33	0.95
Diluted (in shares)	368,917,187	367,677,618	359,817,657	353,419,658
Diluted earnings per common share (in dollars per share)	0.96	1.5	-0.33	0.95

Unit: Thousand (K) dollars (except for numbers of shares and EPS)