TVA net income jumps 44.8% to $307.0M on data-center demand and lower depreciation

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 29, 2025 · ~1 min read

Key Changes

• high

  Net income rose 44.8% to $307 million for the quarter, driven by higher operating income and other income, partially offset by higher interest expense.

  MD&A: Net income verify on EDGAR →
• high

  Operating income increased 18.2% to $611 million, helped by higher fuel cost recovery revenue and a 21.7% drop in depreciation expense.

  MD&A: Operating income verify on EDGAR →
• high

  Cash and equivalents nearly tripled to $1.5 billion from $522 million, strengthening liquidity.

  MD&A: Cash balance verify on EDGAR →