Nextra Energy Defined benefit plan periodic cost (credit) decreased by 7.6% to -$71.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from -$67.00M to -$71.00M. Over 4 years (FY 2021 to FY 2025), Defined benefit plan periodic cost (credit) shows relatively stable performance with a 1.1% CAGR.
A net credit improves operating income, while a net cost reduces it, reflecting the overall financial health and management of retirement obligations.
This represents the total net periodic benefit cost or credit recognized in the income statement for defined benefit pen...
Standard financial reporting for companies with pension obligations; peers report this under GAAP net periodic benefit cost.
nee_defined_benefit_plan_periodic_cost| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$64.00M | -$64.00M | -$64.00M | -$70.00M | -$19.00M | -$70.00M | -$43.00M | -$60.00M | -$62.00M | -$62.00M | -$61.00M | -$38.00M | -$66.00M | -$66.00M | -$64.00M | -$67.00M | -$67.00M | -$67.00M | -$66.00M | -$71.00M |
| QoQ Change | — | +0.0% | +0.0% | -9.4% | +72.9% | -268.4% | +38.6% | -39.5% | -3.3% | +0.0% | +1.6% | +37.7% | -73.7% | +0.0% | +3.0% | -4.7% | +0.0% | +0.0% | +1.5% | -7.6% |
| YoY Change | — | — | — | — | +70.3% | -9.4% | +32.8% | +14.3% | -226.3% | +11.4% | -41.9% | +36.7% | -6.5% | -6.5% | -4.9% | -76.3% | -1.5% | -1.5% | -3.1% | -6.0% |