Nextra Energy Franchise and Gross Receipts Taxes — OPERATING REVENUES remained flat by 0.0% to $278.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $263.25M to $278.50M. Over 2 years (FY 2023 to FY 2025), Franchise and Gross Receipts Taxes — OPERATING REVENUES shows relatively stable performance with a -1.1% CAGR.
An increase typically reflects higher total utility billings or changes in local tax rates, while a decrease suggests lower customer consumption or reduced tax assessment rates. Because these are largely pass-through costs, they generally do not impact the underlying profitability of the utility's core operations.
This metric represents the portion of operating revenues derived from the collection of franchise fees and gross receipt...
Most regulated utilities report similar pass-through tax and fee collections, often categorized under regulatory revenue or specific tax-related line items in the income statement.
nee_segment_franchise_and_gross_receipts_taxes_operating_revenues| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $1.14B | $1.05B | $1.11B |
| YoY Change | — | -7.6% | +5.8% |