Ameren Corporation reported GAAP net income attributable to common shareholders of USD 252 million, or 92 cents per diluted share, for the fourth quarter (Q4) ended December 31, 2025. This compares to USD 207 million, or 77 cents per diluted share, for the same period in 2024. Excluding certain tax benefits, adjusted net income for Q4 2025 was USD 214 million, or 78 cents per diluted share. For the full year 2025, Ameren Missouri segment GAAP and adjusted earnings were USD 747 million. In comparison, GAAP and adjusted earnings for 2024 were USD 559 million and USD 604 million, respectively. The year-over-year adjusted earnings increase was primarily driven by earnings on increased infrastructure investments, new electric service rates effective June 1, 2025, and higher electric retail sales due to colder winter and warmer July weather. These positive factors were partially offset by higher interest expense and increased operations and maintenance expenses, mainly related to energy center and tree trimming expenditures. Ameren Transmission segment reported 2025 GAAP and adjusted earnings of USD 415 million and USD 367 million, respectively, compared to USD 323 million and USD 333 million, respectively, in 2024. Adjusted earnings for 2025 excluded a tax benefit related to a Federal Energy Regulatory Commission order on accounting treatment of net operating loss carryforwards. Ameren Corporation highlighted its continued focus on investing in electric and natural gas infrastructure to enhance reliability and support community growth, while managing customer bills and maintaining service reliability. The company’s leadership emphasized a disciplined and strategic approach to capital investments as essential for its operations and customer commitments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameren Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001002910-26-000005), on February 11, 2026, and is solely responsible for the information contained therein.