Eversource Energy ES
Eversource Energy (Eversource), headquartered in Boston, Massachusetts and Hartford, Connecticut, is a public utility holding company subject to regulation by the Federal Energy Regulatory Commission (FERC) under the Public Utility Holding Company Act of 2005. 10-K, Item 1
- Employees
- 10,731
- Headquarters
- Springfield, MA
- Next results
- around Feb 11, 2027
ES among Utilities peers
Six ratios from the latest 10-K. Each corner is the share of 30 peers the company is above, not a score.
What changed
9 new risk paragraphs. 10-K filed Feb 17, 2026 against Feb 14, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
11 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 11 checks found nothing to note
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Receivables +11.9% vs revenue +13.8% (-2.0 pts)
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Cash from operations $4.1B vs net income $1.7B (FY ending Dec 31, 2025)
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Inventory -17.3% vs revenue +13.8% (-31.2 pts)
8 more checks with nothing to note
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Same auditor in both 10-Ks: Deloitte & Touche LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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No longer listed: Investments in Unconsolidated Affiliates - Impact of Offshore Wind Investment Divestiture. Same as last year: Regulatory Accounting - Impact of Rate Regulation on the Financial Statements
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
9 paragraphs in Risk Factors that were not in the 10-K filed Feb 14, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
We are increasingly integrating artificial intelligence (AI) into our operations, and while these technologies offer operational benefits, they also introduce significant risks that could adversely impact our business and results of operations. We deploy AI tools and models in areas such as weather forecasting, grid planning, asset…
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Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
Our electric, natural gas, and water utility companies are subject to regulation by federal and state agencies and each is required to engage in regulatory approval proceedings as a part of the process of establishing the terms and rates for service. Our regulated companies are entitled to charge rates that are sufficient to recover…
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Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
Regulatory approval is also required for certain dispositions of property and plant, mergers and consolidations and issuances of long-term securities, and construction and operation of facilities. Failure to obtain required approvals on a timely basis, or at all, could result in increased costs, the postponement or cancellation of…
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Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
New processes and planning frameworks, including ISO-NE’s Longer-Term Transmission Planning (LTTP) competitive solicitation process and advisory role as asset condition reviewer, introduce uncertainty around project timing, scope and cost recovery. Competitive solicitations for certain transmission projects may require us to compete…
New risk paragraphs, against peers
Latest 10-K of each, Utilities companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $12.3B | $11.9B | $11.9B | $13.5B |
| Net income | $1.4B | −$434.7M | $811.7M | $1.7B |
| Operating cash flow | $2.4B | $1.6B | $2.2B | $4.1B |
| Free cash flow | −$1.0B | −$2.7B | −$2.3B | −$45.1M |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$13.5B ▲ 13.8% in FY2025$1.7B ▲ 108.5% in FY2025−$45.1M in FY2025
Recent filings
2 filings in the last 30 days · SEC EDGAR
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10-QNov 6, 2026Quarterly report (10-Q) period ended Sep 30, 2026
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8-KNov 4, 2026Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01
About the company
Eversource Energy, Springfield, MA · from the 10-K filed Feb 17, 2026
Eversource Energy (Eversource), headquartered in Boston, Massachusetts and Hartford, Connecticut, is a public utility holding company subject to regulation by the Federal Energy Regulatory Commission (FERC) under the Public Utility Holding Company Act of 2005. We are engaged primarily in the energy delivery business through the following wholly-owned utility subsidiaries: • The Connecticut Light and Power Company (CL&P), a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut;
- Headquarters
- Springfield, MA
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Nov 4, 2026
- Incorporated in
- MA
Employees, at the top of the page: "As of December 31, 2025, Eversource Energy employed a total of 10,731 employees, excluding temporary employees, of which 1,554 were employed by CL&P, 2,164 were employed by NSTAR Electric, and 802 were employed by PSNH" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 17, 2026 (open at SEC), compared with the 10-K filed Feb 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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