Alliant Energy (LNT) Q4 2025 Earnings Transcript

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Friday, Feb. 20, 2026, 10 a.m. ET

• President and Chief Executive Officer — Lisa M. Barton

• Executive Vice President and Chief Financial Officer — Robert J. Durian

• Investor Relations Manager — Susan Gille

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Operator: Thank you for holding, and invited to Alliant Energy Corporation’s Fourth Quarter and Full Year 2025 Earnings Conference Call. At this time, each lines are successful a listen-only mode. Today’s league is being recorded. I would similar to crook the telephone implicit to your host, Susan Gille, Investor Relations Manager astatine Alliant Energy Corporation. Please spell ahead. Good morning. I would similar to convey each of you for joining america contiguous for Alliant Energy Corporation’s Fourth Quarter and Full Year 2025 Financial Results Conference Call. We admit your participation. With maine present contiguous are Lisa M. Barton, President and CEO, and Robert J. Durian, Executive Vice President and CFO.

Following prepared remarks by Lisa and Robert, we volition person clip to instrumentality questions from the concern community. We issued a quality merchandise past nighttime announcing our 4th fourth and afloat twelvemonth 2025 fiscal results and affirmed 2026 net and dividend guidance. This release, arsenic good arsenic an net presentation, volition beryllium referenced during today’s telephone and are disposable connected the capitalist leafage of our website astatine www.alliantenergy.com. Before we begin, I request to punctual you the remarks we marque connected this telephone and our answers to your questions see forward-looking statements. These forward-looking statements are taxable to risks that could origin existent results to beryllium materially different.

Those risks include, among others, matters discussed successful Alliant Energy Corporation’s quality merchandise issued past nighttime and successful our filings with the Securities and Exchange Commission. We disclaim immoderate work to update these forward-looking statements. In addition, this presumption contains references to ongoing net per share, which is simply a non-GAAP fiscal measure. References to ongoing net exclude worldly charges oregon income that are not usually associated with ongoing operations. The reconciliation betwixt ongoing and GAAP measures is provided successful the net release, which is disposable connected our website. At this point, I volition crook the telephone implicit to Lisa. Thank you, Sue. Good morning, everyone, and convey you for joining us.

2025 was defined by large shifts successful nationalist policy, planetary trade, taxation legislation, and the acceleration of electrical demand. We delivered different twelvemonth of beardown fiscal and operational show portion making important advancement crossed our strategical priorities. From a fiscal perspective, we continued our accordant way grounds of performance, with ten-year compound yearly EPS maturation of 6.3%. Our ongoing 2025 EPS maturation of 6% exceeded the midpoint of our guidance and aligns with our semipermanent net maturation people of 5% to 7 positive percent. We besides accrued our dividend, marking the twenty-second consecutive twelvemonth of dividend increases, and delivered a full shareowner instrumentality of implicit 13% for the year. Regulatory execution was different country of strength.