EarningsQ2 2026 Earnings Report

SSE (SSEPN) Q2 2026 Earnings Report

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Previous Report: Q4 2025

Next Report: Q4 2026

MX:SSEPN Q2 2026 EPS Results

Actual EPS$8.62

Consensus EPS$8.46

Beat/MissBeat by +$0.17

One Year Ago EPS$11.90

MX:SSEPN Q2 2026 Revenue Results

Actual Revenue$110.69B

Expected Revenue$106.94B

Beat/MissBeat by +$3.75B

YoY Revenue Growth+3.92%

Earnings Announcement Details

QuarterQ2 2026

Date11/12/2025

TimeBefore Open

Conference CallWednesday, November 12, 2025

MX:SSEPN Upcoming Earnings

SSE's next earnings date is estimated for November 18, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

No earnings call audio is available for this earnings event.

Q2 2026 Earnings Slide Deck

No slide deck is available for this earnings event.

Q2 2026 Earnings Call Summary

Q2 2026

Earnings Call Date:Nov 12, 2025|

% Change Since:

Earnings Call Sentiment|Positive

The earnings call highlighted a robust and transformative investment plan with significant growth potential, particularly in networks. Despite some challenges in renewables and other segments, the overall strategic direction and financial stability suggest a positive outlook.

Company Guidance

In a recent call, SSE outlined a significant investment plan focusing on growth in the U.K. energy sector. The company announced a GBP 33 billion investment, with 80% allocated to networks, aiming for a compound annual growth rate of 25% in the regulatory asset base by 2030. SSE expects earnings per share to reach between 225p to 250p by 2030. The plan is fully funded, with 90% of funding from operational cash flows and increased debt, while the remaining 10% will come from equity placing and asset disposals. The company also emphasized a 5% to 10% annual dividend growth, projecting a strong balance sheet with net debt to EBITDA below 4.5x. Additionally, SSE plans to achieve GBP 200 million in annual cost efficiencies by FY '28.

Transformational Investment Plan

SSE announced a GBP 33 billion investment plan focused on networks, with a 25% CAGR in the regulatory asset base expected by 2030. This positions SSE as one of the fastest-growing electricity network companies globally.

Earnings and Dividend Growth

SSE projects adjusted EPS of 225p to 250p by 2030, with a sustainable and progressive dividend policy increasing by 5% to 10% annually.

Strong Transmission Growth

Around 90% of investment in Transmission will be spent on major projects and business-as-usual investments, reflecting supply chain inflation.

Financial Performance Stability

The group delivered a GBP 655 million adjusted operating profit, in line with seasonal averages, and an adjusted EPS of 36.1p.

Operational Progress

Significant progress made in constructing 4 of 11 major transmission projects and strong advancements in Dogger Bank construction, with 88 out of 95 turbines installed.

MX:SSEPN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 18, 2026	2027 (Q2)	15.81 / -	8.623	―
May 28, 2026	2026 (Q4)	26.75 / 28.04	28.806	-2.65% (-0.76)
Nov 12, 2025	2026 (Q2)	8.46 / 8.62	11.895	-27.51% (-3.27)
May 21, 2025	2025 (Q4)	25.92 / 28.81	30.813	-6.51% (-2.01)
Nov 13, 2024	2025 (Q2)	11.20 / 11.90	8.838	34.59% (+3.06)
May 22, 2024	2024 (Q4)	28.35 / 30.81	5.971	416.00% (+24.84)
Nov 15, 2023	2024 (Q2)	7.74 / 8.84	9.984	-11.48% (-1.15)
May 24, 2023	2023 (Q4)	29.02 / 5.97	20.279	-70.55% (-14.31)
Nov 16, 2022	2023 (Q2)	7.48 / 9.98	2.508	298.10% (+7.48)
May 25, 2022	2022 (Q4)	15.45 / 20.28	18.058	12.30% (+2.22)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed