Tennessee Valley Authority
For the period ended Mar 31, 2026. Filed May 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 5, 2026
TVE$23.13-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations (Unaudited)
| Three Months Ended March 31 | Six Months Ended March 31 | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Operating revenues | ||||
| Revenue from sales of electricity | $3,487 | $3,476 | $6,488 | $6,352 |
| Other revenue | 59 | 56 | 107 | 100 |
| Total operating revenues | 3,546 | 3,532 | 6,595 | 6,452 |
| Operating expenses | ||||
| Fuel | 683 | 580 | 1,197 | 1,085 |
| Purchased power | 588 | 572 | 998 | 966 |
| Operating and maintenance | 882 | 944 | 1,731 | 1,849 |
| Depreciation and amortization | 511 | 562 | 1,082 | 1,119 |
| Tax equivalents | 168 | 158 | 321 | 304 |
| Total operating expenses | 2,832 | 2,816 | 5,329 | 5,323 |
| Operating income | 714 | 716 | 1,266 | 1,129 |
| Other income, net | 11 | 12 | 55 | 29 |
| Other net periodic benefit cost | 25 | 27 | 46 | 52 |
| Interest expense | 308 | 293 | 617 | 573 |
| Net income | $392 | $408 | $658 | $533 |
| The accompanying notes are an integral part of these consolidated financial statements. | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.