American Electric Power reported second-quarter 2026 GAAP earnings of $713 million, or $1.31 per share, down from $1,226 million, or $2.29 per share, in the prior year period due to a transmission minority interest sale and timing of tax items. Operating earnings were $742 million, or $1.36 per share, compared to $766 million, or $1.43 per share, previously. The company raised its full-year 2026 operating earnings guidance to $6.25–$6.55 per share from the prior range of $6.15–$6.45 per share. AEP also reaffirmed an annual operating earnings growth rate of 7% to 9% through 2030 and expanded contracted load additions to 69 gigawatts through 2030, including securing approximately 13 GW of gas-fired turbine capacity. American Electric Power operates as a major electric utility providing generation, transmission, and distribution services across the United States.
