HighGravityDataAmerican Electric Power — May 5, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000004904-26-000031
Showing in the filing
Operating earnings
“$6.15 to $6.45 per share”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 20
Operating earnings for FY2026
“$6.15 to $6.45 per share”
Incremental load for FY2030
“63 gigawatts”
New load additions for FY2030
“63 gigawatts”
Cost offsets for existing customers
“up to $16 billion”
Five-year capital plan for the long term
“$78 billion”
Additional investment potential
“over $10 billion”
Line of sight to additional investment poten… for the long term
“over $10 billion”
Expected operating earnings CAGR for the long term
“greater than 9%”
Operating earnings compound annual growth ra… for the long term
“greater than 9%”
Annual operating earnings growth rate for the long term
“7% to 9%”
Expected annual rate-base growth for FY2030
“nearly 11%”
Annual rate-base growth for FY2026
“nearly 11%”
Total transmission investment for FY2026
“$33 billion”
Transmission investment
“$33 billion”
Total transmission investment as percentage … for FY2026
“42%”
SPP 765-kV transmission lines planned for the long term
“315 miles”
Customer savings from loans and grants
“nearly $600 million”
Estimated GAAP EPS for FY2026
“$6.12 to $6.42”
Estimated GAAP EPS reflecting certain items … for Q1 FY2026
“$6.12 to $6.42 per share”
Operating EPS for FY2026
“$6.15 to $6.45”
Exhibit 99.1 · the passage around this item
… earlier in the release
arnings, Reaffirms Guidance and Increases Five-Year Capital Plan • First-quarter 2026 GAAP earnings of $1.61 per share; operating earnings of $1.64 per share • AEP reaffirms full-year 2026 operating earnings guidance of $6.15 to $6.45 per share • New load additions expand to 63 gigawatts by 2030 • Cost offsets for existing customers of up to $16 billion driven by signed customer agreements • Accelerating demand drives five-year capital plan to $78 billion, with line of sight to over $10 billion in additional investment anticipated • New capital plan additions of $6 billion raise the expected operating earnings CAGR to greater than 9% through 2030 COLUMBUS, Ohio, May 5, 2026 - American Electric Power (Nasdaq: AEP) today reported first-quarter 2026 GAAP earnings of $874 million or $1.61 per share, compared with GAAP earnings of $800 million or $1.50 per share in first-quarter 2025. Operating earnings for first-quarter 2026 were $891 million or $1.64 per share, compared with operating earnings of $823 million or $1.54 per share in first-quarter 2025. See the detailed GAAP to operating earnings reconciliation at the end of this press release. AEP reaffirms its 2026 operating earnings guidance of $6.15 to $6.45 per share and its annual operating earnings growth rate of 7% to 9% through 2030, with an expected operating earnings compound annual growth rate (CAGR) of greater than 9%. Strong Demand Growth Drives Additional Capita
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.