The financials
Ameren by the numbers
Ameren (AEE) reported revenue of $2.09B in Q2 2026 (quarter ended June 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 2026-Q1 was Union Electric Company at $920M, 40% of the disclosed total, just 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 | $920M | 40% |
| Ameren Illinois Electric Distribution | $643M | 28% |
| Ameren Illinois Gas | $436M | 19% |
| Ameren Transmission | $177M | 7.7% |
| Ameren Illinois Transmission | $120M | 5.2% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $2.30B (-19%)
Ameren Illinois Electric Distribution grew +13% year on yearUnion Electric Company -3.2% year on year
Segment Latestquarter on quarteryear on year
- Union Electric Company$920.0M$920.0MQoQ -46%year on year -3.2%-46%-3.2%
- Ameren Illinois Electric Distribution$643.0M$643.0MQoQ -7.9%year on year +13%-7.9%+13%
- Ameren Illinois Gas$436.0M$436.0MQoQ +273%year on year +6.1%+273%+6.1%
- Ameren Transmission$177.0M$177.0MQoQ -5.9%year on year +6.6%-5.9%+6.6%
- Ameren Illinois Transmission$120.0M$120.0MQoQ -7.7%year on year +2.6%-7.7%+2.6%
Utilities - Regulated Electric
Ranks #28 of 37 by Smart Score