The financials
Ameren by the numbers
Ameren (AEE) reported revenue of $2.09B in Q2 2026 (quarter ended Jun 30, 2026), down 5.8% from the same quarter a year earlier. That came with net income of $316M (15% of revenue). For the full year FY2025, revenue was $8.80B (+15% year on year) and net income $1.46B. Its largest segment in Q2 2026 was Union Electric Company at $1.11B, 50% of the disclosed total, well ahead of Ameren Illinois Electric Distribution at 28%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.09B | $2.22B | −5.8% |
| Operating income | $459M | $411M | +12% |
| Net income | $316M | $277M | +14% |
| Diluted EPS | $1.13 | $1.01 | +12% |
| Operating | Revenue | Share |
|---|---|---|
| Union Electric Company | $1.11B | 50% |
| Ameren Illinois Electric Distribution | $629M | 28% |
| Ameren Illinois Gas | $176M | 7.9% |
| Ameren Transmission | $176M | 7.9% |
| Ameren Illinois Transmission | $123M | 5.6% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.21B (-3.5%)
Ameren Illinois Gas grew +11% year on yearUnion Electric Company -17% year on year
Segment Latestquarter on quarteryear on year
- Union Electric Company$1.11B$1.11BQoQ +21%year on year -17%+21%-17%
- Ameren Illinois Electric Distribution$629.0M$629.0MQoQ -2.2%year on year +10%-2.2%+10%
- Ameren Illinois Gas$176.0M$176.0MQoQ -60%year on year +11%-60%+11%
- Ameren Transmission$176.0M$176.0MQoQ -0.56%year on year +9.3%-0.56%+9.3%
- Ameren Illinois Transmission$123.0M$123.0MQoQ +2.5%year on year +9.8%+2.5%+9.8%
Utilities - Regulated Electric
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