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Equity | 9 Months Ended
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Sep. 30, 2025
Equity [Text Block] | EQUITY (Entergy Corporation and Entergy Louisiana) Common Stock Earnings per Share Historical share and share-based data presented in the accompanying financial statements has been retroactively adjusted to reflect the two-for-one forward stock split of Entergy Corporation common stock effective December 12, 2024. See Note 7 to the financial statements in the Form 10-K for discussion of the stock split. The following tables present Entergy’s basic and diluted earnings per share calculations for the three and nine months ended September 30, 2025 and 2024, included on the consolidated income statements:
| For the Three Months Ended September 30,
| 2025 |  | 2024
| (Dollars In Thousands, Except Per Share Data; Shares in Millions)
|  |  | $/share |  |  |  | $/share
Consolidated net income | $698,424 |  |  |  |  | $645,754 |  |  |
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests | 4,624 |  |  |  |  | 814 |  |  |
Net income attributable to Entergy Corporation | $693,800 |  |  |  |  | $644,940 |  |  |
Basic shares and earnings per average common share | 446.5 |  |  | $1.55 |  |  | 428.0 |  |  | $1.51 |
Average dilutive effect of: |  |  |  |  |  |  |
Stock options | 1.1 |  |  | — |  |  | 0.5 |  |  | — |
Other equity plans | 1.4 |  |  | — |  |  | 1.4 |  |  | — |
Equity forwards | 4.6 |  |  | (0.02) |  |  | 1.5 |  |  | (0.01) |
Diluted shares and earnings per average common share | 453.6 |  |  | $1.53 |  |  | 431.4 |  |  | $1.50 |
| For the Nine Months Ended September 30,
| 2025 |  | 2024
| (Dollars In Thousands, Except Per Share Data; Shares in Millions)
|  |  | $/share |  |  |  | $/share
Consolidated net income | $1,532,800 |  |  |  |  | $774,022 |  |  |
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests | 10,310 |  |  |  |  | 4,879 |  |  |
Net income attributable to Entergy Corporation | $1,522,490 |  |  |  |  | $769,143 |  |  |
Basic shares and earnings per average common share | 438.7 |  |  | $3.47 |  |  | 427.2 |  |  | $1.80 |
Average dilutive effect of: |  |  |  |  |  |  |
Stock options | 1.0 |  |  | (0.01) |  |  | 0.6 |  |  | — |
Other equity plans | 1.5 |  |  | (0.01) |  |  | 1.1 |  |  | (0.01) |
Equity forwards | 6.1 |  |  | (0.05) |  |  | 0.6 |  |  | — |
Diluted shares and earnings per average common share | 447.3 |  |  | $3.40 |  |  | 429.5 |  |  | $1.79 |
Earnings per share dilution resulting from stock options outstanding and other equity plans is determined under the treasury stock method. The calculation of diluted earnings per share excluded 366,136 stock options outstanding for the three months ended September 30, 2025 and 1,548,386 stock options outstanding for the three months ended September 30, 2024 because their effect would have been antidilutive. The calculation of diluted earnings per share excluded 325,454 stock options outstanding for the nine months ended September 30, 2025 and 2,477,756 stock options outstanding for the nine months ended September 30, 2024 because their effect would have been antidilutive. Until settlement of the forward sale agreements discussed below in “Equity Distribution Program” and “Equity Forward Sale Agreements,” earnings per share dilution resulting from the agreements, if any, is determined under the treasury stock method. Share dilution occurs when the average market price of Entergy Corporation’s common stock is higher than the average forward sales price. The calculation of diluted earnings per share excluded 94,446 shares for the three months ended September 30, 2025 and 3,485,736 shares for the three months ended September 30, 2024 under forward sale agreements outstanding because their effect would have been antidilutive. The calculation of diluted earnings per share excluded 901,408 shares for the nine months ended September 30, 2025 and 3,164,908 shares for the nine months ended September 30, 2024 under forward sale agreements outstanding because their effect would have been antidilutive. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.60 for the three months ended September 30, 2025 and $0.57 for the three months ended September 30, 2024. Dividends declared per common share were $1.80 for the nine months ended September 30, 2025 and $1.70 for the nine months ended September 30, 2024. (System Energy) In February 2025, System Energy paid its parent, Entergy Corporation, a $20 million distribution out of its common stock. In May 2025, System Energy paid its parent, Entergy Corporation, a $30 million distribution out of its common stock. Equity Distribution Program See Note 7 to the financial statements in the Form 10-K for discussion of Entergy Corporation’s at the market equity distribution program. The following are updates to that discussion. In February 2025, Entergy Corporation increased by an additional $1.5 billion the aggregate gross sales price authorized under its at the market equity distribution program pursuant to the terms of the equity distribution sales agreement for such program. The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an aggregate gross sales price of $4.5 billion. As of September 30, 2025, an aggregate gross sales price of approximately $2.8 billion has been sold under the at the market equity distribution program. During the nine months ended September 30, 2025 and 2024, there were no shares of common stock directly issued under the at the market equity distribution program. The following forward sale agreements were entered into by Entergy Corporation under its at the market equity distribution program during the nine months ended September 30, 2025:
Effective Date |  | Shares of Common Stock per Forward Sale Agreement |  | Maturity Date |  | Forward Sale Price per Share |  | Gross Sales Price |  | Forward Sellers Fees
|  |  |  |  |  | (Dollars In Thousands, Except Per Share Data)
March 2025 |  | 2,713,790 |  |  | August 2026 |  | $84.77 |  |  | $232,216 |  |  | $2,322 |
During the nine months ended September 30, 2025, Entergy Corporation physically settled its obligations under the following forward sale agreements:
| Effective Date of Forward Sale Agreements |  | Shares of Common Stock Issued |  | Gross Sales Price |  | Forward Sellers Fees |  | Forward Sale Price per Share |  | Cash Proceeds at Settlement
|  |  |  |  | (Dollars In Thousands, Except Per Share Data)
Forward sale agreements settled in May 2025: |  |  |  |
| December 2023 |  | 5,506,492 |  |  | $280,459 |  |  | $2,805 |  |  |  |  |
| March 2024 |  | 569,844 |  |  | $29,318 |  |  | $293 |  |  |  |  |
| March 2024 |  | 2,320,830 |  |  | $119,153 |  |  | $1,192 |  |  |  |  |
| May 2024 |  | 2,556,832 |  |  | $142,387 |  |  | $1,424 |  |  |  |  |
| May 2024 |  | 2,466,470 |  |  | $134,396 |  |  | $1,344 |  |  |  |  |
| June 2024 |  | 2,140,006 |  |  | $114,540 |  |  | $1,145 |  |  |  |  |
Total |  | 15,560,474 |  |  |  |  |  |  | $51.78 |  |  | $805,669 |
Entergy Corporation incurred an aggregate amount of approximately $1.0 million of general issuance costs associated with the May 2025 settlement. Entergy Corporation used the net proceeds for general corporate purposes, which included repayment of commercial paper, outstanding loans under Entergy Corporation’s revolving credit facility, and other debt. In September 2025, Entergy Corporation amended certain terms and conditions of the September 2024 forward sale agreements replacing the original maturity date of October 2025 with October 2026. In October 2025, Entergy Corporation physically settled its obligations under the August 2024 forward sale agreements by delivering 5,692,604 shares of common stock in exchange for cash proceeds of $332 million. The forward sale price used to determine the cash proceeds received by Entergy Corporation was calculated based on the initial forward sale price of $58.30 per share as adjusted in accordance with the forward sale agreements. Entergy Corporation incurred an aggregate amount of approximately $0.4 million of general issuance costs with the settlement. Equity Forward Sale Agreements In March 2025, Entergy marketed an equity offering of 17.8 million shares of Entergy Corporation common stock. In lieu of issuing equity at the time of the offering, Entergy entered into forward sale agreements with several forward counterparties. No amounts have been or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the forward sale agreements occur. The forward sale agreements require Entergy to, at its election on or prior to September 30, 2026, either (1) physically settle the transactions by issuing the total of 17.8 million shares of its common stock to the forward counterparties in exchange for net proceeds at the then-applicable forward sale price specified by the agreements (initially $81.87 per share) or (2) net settle the transactions in whole or in part through the delivery or receipt of cash or shares. The forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreements. Until settlement of the forward sale agreements, earnings per share dilution resulting from the agreements, if any, will be determined under the treasury stock method. Share dilution occurs when the average market price of Entergy’s common stock is higher than the average forward sales price. If Entergy had elected to net share settle the forward sale agreements as of September 30, 2025, Entergy would have been required to deliver 2.1 million shares. Treasury Stock During the nine months ended September 30, 2025, Entergy Corporation reissued 1,456,014 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2025. Retained Earnings On October 31, 2025, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.64 per share, payable on December 1, 2025 to holders of record as of November 13, 2025. Comprehensive Income Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, July 1, | $34,438 |  |  | $80,361 |
Amounts reclassified from accumulated other comprehensive income (loss) | (4,083) |  |  | (4,176) |
Net other comprehensive loss for the period | (4,083) |  |  | (4,176) |
Ending balance, September 30, | $30,355 |  |  | $76,185 |
The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, January 1, | $42,769 |  |  | ($162,460) |
Amounts reclassified from accumulated other comprehensive income (loss) | (12,414) |  |  | 238,645 |
Net other comprehensive income (loss) for the period | (12,414) |  |  | 238,645 |
Ending balance, September 30, | $30,355 |  |  | $76,185 |
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the three months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, July 1, | $50,555 |  |  | $50,751 |
Amounts reclassified from accumulated other comprehensive income | (1,818) |  |  | (2,024) |
Net other comprehensive loss for the period | (1,818) |  |  | (2,024) |
Ending balance, September 30, | $48,737 |  |  | $48,727 |
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the nine months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, January 1, | $53,658 |  |  | $54,798 |
Amounts reclassified from accumulated other comprehensive income | (4,921) |  |  | (6,071) |
Net other comprehensive loss for the period | (4,921) |  |  | (6,071) |
Ending balance, September 30, | $48,737 |  |  | $48,727 |
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended September 30, 2025 and 2024 are as follows:
| Amounts reclassified from AOCI |  | Income Statement Location
| 2025 |  | 2024 |  |
| (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |
Amortization of prior service credit | $3,463 |  |  | $3,473 |  |  | (a)
Amortization of net gain | 2,265 |  |  | 2,130 |  |  | (a)
Settlement loss | (405) |  |  | — |  |  | (a)
Total amortization and settlement loss | 5,323 |  |  | 5,603 |  |  |
Income taxes | (1,240) |  |  | (1,427) |  |  | Income taxes
Total amortization and settlement loss (net of tax) | $4,083 |  |  | $4,176 |  |  |
Total reclassifications for the period (net of tax) | $4,083 |  |  | $4,176 |  |  |
(a)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the nine months ended September 30, 2025 and 2024 are as follows:
| Amounts reclassified from AOCI |  | Income Statement Location
| 2025 |  | 2024 |  |
| (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |
Amortization of prior service credit | $10,387 |  |  | $10,419 |  |  | (a)
Amortization of net gain | 7,367 |  |  | 5,167 |  |  | (a)
Settlement loss | (405) |  |  | (316,974) |  |  | (a)
Total amortization and settlement loss | 17,349 |  |  | (301,388) |  |  |
Income taxes | (4,935) |  |  | 62,743 |  |  | Income taxes
Total amortization and settlement loss (net of tax) | $12,414 |  |  | ($238,645) |  |  |
Total reclassifications for the period (net of tax) | $12,414 |  |  | ($238,645) |  |  |
(a)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the three months ended September 30, 2025 and 2024 are as follows:
|  | Amounts reclassified from AOCI |  | Income Statement Location
|  | 2025 |  | 2024 |  |
|  | (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |  |
Amortization of prior service credit |  | $1,136 |  |  | $1,136 |  |  | (a)
Amortization of net gain |  | 1,406 |  |  | 1,634 |  |  | (a)
Settlement loss |  | (106) |  |  | — |  |  | (a)
Total amortization and settlement loss |  | 2,436 |  |  | 2,770 |  |  |
Income taxes |  | (618) |  |  | (746) |  |  | Income taxes
Total amortization and settlement loss (net of tax) |  | $1,818 |  |  | $2,024 |  |  |
Total reclassifications for the period (net of tax) |  | $1,818 |  |  | $2,024 |  |  |
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the nine months ended September 30, 2025 and 2024 are as follows:
|  | Amounts reclassified from AOCI |  | Income Statement Location
|  | 2025 |  | 2024 |  |
|  | (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |  |
Amortization of prior service credit |  | $3,408 |  |  | $3,408 |  |  | (a)
Amortization of net gain |  | 4,844 |  |  | 4,900 |  |  | (a)
Settlement loss |  | (106) |  |  | — |  |  | (a)
Total amortization and settlement loss |  | 8,146 |  |  | 8,308 |  |  |
Income taxes |  | (3,225) |  |  | (2,237) |  |  | Income taxes
Total amortization and settlement loss (net of tax) |  | $4,921 |  |  | $6,071 |  |  |
Total reclassifications for the period (net of tax) |  | $4,921 |  |  | $6,071 |  |  |
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member] |
Equity [Text Block] | EQUITY (Entergy Corporation and Entergy Louisiana) Common Stock Earnings per Share Historical share and share-based data presented in the accompanying financial statements has been retroactively adjusted to reflect the two-for-one forward stock split of Entergy Corporation common stock effective December 12, 2024. See Note 7 to the financial statements in the Form 10-K for discussion of the stock split. The following tables present Entergy’s basic and diluted earnings per share calculations for the three and nine months ended September 30, 2025 and 2024, included on the consolidated income statements:
| For the Three Months Ended September 30,
| 2025 |  | 2024
| (Dollars In Thousands, Except Per Share Data; Shares in Millions)
|  |  | $/share |  |  |  | $/share
Consolidated net income | $698,424 |  |  |  |  | $645,754 |  |  |
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests | 4,624 |  |  |  |  | 814 |  |  |
Net income attributable to Entergy Corporation | $693,800 |  |  |  |  | $644,940 |  |  |
Basic shares and earnings per average common share | 446.5 |  |  | $1.55 |  |  | 428.0 |  |  | $1.51 |
Average dilutive effect of: |  |  |  |  |  |  |
Stock options | 1.1 |  |  | — |  |  | 0.5 |  |  | — |
Other equity plans | 1.4 |  |  | — |  |  | 1.4 |  |  | — |
Equity forwards | 4.6 |  |  | (0.02) |  |  | 1.5 |  |  | (0.01) |
Diluted shares and earnings per average common share | 453.6 |  |  | $1.53 |  |  | 431.4 |  |  | $1.50 |
| For the Nine Months Ended September 30,
| 2025 |  | 2024
| (Dollars In Thousands, Except Per Share Data; Shares in Millions)
|  |  | $/share |  |  |  | $/share
Consolidated net income | $1,532,800 |  |  |  |  | $774,022 |  |  |
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests | 10,310 |  |  |  |  | 4,879 |  |  |
Net income attributable to Entergy Corporation | $1,522,490 |  |  |  |  | $769,143 |  |  |
Basic shares and earnings per average common share | 438.7 |  |  | $3.47 |  |  | 427.2 |  |  | $1.80 |
Average dilutive effect of: |  |  |  |  |  |  |
Stock options | 1.0 |  |  | (0.01) |  |  | 0.6 |  |  | — |
Other equity plans | 1.5 |  |  | (0.01) |  |  | 1.1 |  |  | (0.01) |
Equity forwards | 6.1 |  |  | (0.05) |  |  | 0.6 |  |  | — |
Diluted shares and earnings per average common share | 447.3 |  |  | $3.40 |  |  | 429.5 |  |  | $1.79 |
Earnings per share dilution resulting from stock options outstanding and other equity plans is determined under the treasury stock method. The calculation of diluted earnings per share excluded 366,136 stock options outstanding for the three months ended September 30, 2025 and 1,548,386 stock options outstanding for the three months ended September 30, 2024 because their effect would have been antidilutive. The calculation of diluted earnings per share excluded 325,454 stock options outstanding for the nine months ended September 30, 2025 and 2,477,756 stock options outstanding for the nine months ended September 30, 2024 because their effect would have been antidilutive. Until settlement of the forward sale agreements discussed below in “Equity Distribution Program” and “Equity Forward Sale Agreements,” earnings per share dilution resulting from the agreements, if any, is determined under the treasury stock method. Share dilution occurs when the average market price of Entergy Corporation’s common stock is higher than the average forward sales price. The calculation of diluted earnings per share excluded 94,446 shares for the three months ended September 30, 2025 and 3,485,736 shares for the three months ended September 30, 2024 under forward sale agreements outstanding because their effect would have been antidilutive. The calculation of diluted earnings per share excluded 901,408 shares for the nine months ended September 30, 2025 and 3,164,908 shares for the nine months ended September 30, 2024 under forward sale agreements outstanding because their effect would have been antidilutive. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.60 for the three months ended September 30, 2025 and $0.57 for the three months ended September 30, 2024. Dividends declared per common share were $1.80 for the nine months ended September 30, 2025 and $1.70 for the nine months ended September 30, 2024. (System Energy) In February 2025, System Energy paid its parent, Entergy Corporation, a $20 million distribution out of its common stock. In May 2025, System Energy paid its parent, Entergy Corporation, a $30 million distribution out of its common stock. Equity Distribution Program See Note 7 to the financial statements in the Form 10-K for discussion of Entergy Corporation’s at the market equity distribution program. The following are updates to that discussion. In February 2025, Entergy Corporation increased by an additional $1.5 billion the aggregate gross sales price authorized under its at the market equity distribution program pursuant to the terms of the equity distribution sales agreement for such program. The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an aggregate gross sales price of $4.5 billion. As of September 30, 2025, an aggregate gross sales price of approximately $2.8 billion has been sold under the at the market equity distribution program. During the nine months ended September 30, 2025 and 2024, there were no shares of common stock directly issued under the at the market equity distribution program. The following forward sale agreements were entered into by Entergy Corporation under its at the market equity distribution program during the nine months ended September 30, 2025:
Effective Date |  | Shares of Common Stock per Forward Sale Agreement |  | Maturity Date |  | Forward Sale Price per Share |  | Gross Sales Price |  | Forward Sellers Fees
|  |  |  |  |  | (Dollars In Thousands, Except Per Share Data)
March 2025 |  | 2,713,790 |  |  | August 2026 |  | $84.77 |  |  | $232,216 |  |  | $2,322 |
During the nine months ended September 30, 2025, Entergy Corporation physically settled its obligations under the following forward sale agreements:
| Effective Date of Forward Sale Agreements |  | Shares of Common Stock Issued |  | Gross Sales Price |  | Forward Sellers Fees |  | Forward Sale Price per Share |  | Cash Proceeds at Settlement
|  |  |  |  | (Dollars In Thousands, Except Per Share Data)
Forward sale agreements settled in May 2025: |  |  |  |
| December 2023 |  | 5,506,492 |  |  | $280,459 |  |  | $2,805 |  |  |  |  |
| March 2024 |  | 569,844 |  |  | $29,318 |  |  | $293 |  |  |  |  |
| March 2024 |  | 2,320,830 |  |  | $119,153 |  |  | $1,192 |  |  |  |  |
| May 2024 |  | 2,556,832 |  |  | $142,387 |  |  | $1,424 |  |  |  |  |
| May 2024 |  | 2,466,470 |  |  | $134,396 |  |  | $1,344 |  |  |  |  |
| June 2024 |  | 2,140,006 |  |  | $114,540 |  |  | $1,145 |  |  |  |  |
Total |  | 15,560,474 |  |  |  |  |  |  | $51.78 |  |  | $805,669 |
Entergy Corporation incurred an aggregate amount of approximately $1.0 million of general issuance costs associated with the May 2025 settlement. Entergy Corporation used the net proceeds for general corporate purposes, which included repayment of commercial paper, outstanding loans under Entergy Corporation’s revolving credit facility, and other debt. In September 2025, Entergy Corporation amended certain terms and conditions of the September 2024 forward sale agreements replacing the original maturity date of October 2025 with October 2026. In October 2025, Entergy Corporation physically settled its obligations under the August 2024 forward sale agreements by delivering 5,692,604 shares of common stock in exchange for cash proceeds of $332 million. The forward sale price used to determine the cash proceeds received by Entergy Corporation was calculated based on the initial forward sale price of $58.30 per share as adjusted in accordance with the forward sale agreements. Entergy Corporation incurred an aggregate amount of approximately $0.4 million of general issuance costs with the settlement. Equity Forward Sale Agreements In March 2025, Entergy marketed an equity offering of 17.8 million shares of Entergy Corporation common stock. In lieu of issuing equity at the time of the offering, Entergy entered into forward sale agreements with several forward counterparties. No amounts have been or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the forward sale agreements occur. The forward sale agreements require Entergy to, at its election on or prior to September 30, 2026, either (1) physically settle the transactions by issuing the total of 17.8 million shares of its common stock to the forward counterparties in exchange for net proceeds at the then-applicable forward sale price specified by the agreements (initially $81.87 per share) or (2) net settle the transactions in whole or in part through the delivery or receipt of cash or shares. The forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreements. Until settlement of the forward sale agreements, earnings per share dilution resulting from the agreements, if any, will be determined under the treasury stock method. Share dilution occurs when the average market price of Entergy’s common stock is higher than the average forward sales price. If Entergy had elected to net share settle the forward sale agreements as of September 30, 2025, Entergy would have been required to deliver 2.1 million shares. Treasury Stock During the nine months ended September 30, 2025, Entergy Corporation reissued 1,456,014 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and other stock-based awards. Entergy Corporation did not repurchase any of its common stock during the nine months ended September 30, 2025. Retained Earnings On October 31, 2025, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.64 per share, payable on December 1, 2025 to holders of record as of November 13, 2025. Comprehensive Income Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, July 1, | $34,438 |  |  | $80,361 |
Amounts reclassified from accumulated other comprehensive income (loss) | (4,083) |  |  | (4,176) |
Net other comprehensive loss for the period | (4,083) |  |  | (4,176) |
Ending balance, September 30, | $30,355 |  |  | $76,185 |
The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, January 1, | $42,769 |  |  | ($162,460) |
Amounts reclassified from accumulated other comprehensive income (loss) | (12,414) |  |  | 238,645 |
Net other comprehensive income (loss) for the period | (12,414) |  |  | 238,645 |
Ending balance, September 30, | $30,355 |  |  | $76,185 |
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the three months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, July 1, | $50,555 |  |  | $50,751 |
Amounts reclassified from accumulated other comprehensive income | (1,818) |  |  | (2,024) |
Net other comprehensive loss for the period | (1,818) |  |  | (2,024) |
Ending balance, September 30, | $48,737 |  |  | $48,727 |
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the nine months ended September 30, 2025 and 2024:
| Pension and Other Postretirement Plan Changes
| 2025 |  | 2024
| (In Thousands)
Beginning balance, January 1, | $53,658 |  |  | $54,798 |
Amounts reclassified from accumulated other comprehensive income | (4,921) |  |  | (6,071) |
Net other comprehensive loss for the period | (4,921) |  |  | (6,071) |
Ending balance, September 30, | $48,737 |  |  | $48,727 |
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended September 30, 2025 and 2024 are as follows:
| Amounts reclassified from AOCI |  | Income Statement Location
| 2025 |  | 2024 |  |
| (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |
Amortization of prior service credit | $3,463 |  |  | $3,473 |  |  | (a)
Amortization of net gain | 2,265 |  |  | 2,130 |  |  | (a)
Settlement loss | (405) |  |  | — |  |  | (a)
Total amortization and settlement loss | 5,323 |  |  | 5,603 |  |  |
Income taxes | (1,240) |  |  | (1,427) |  |  | Income taxes
Total amortization and settlement loss (net of tax) | $4,083 |  |  | $4,176 |  |  |
Total reclassifications for the period (net of tax) | $4,083 |  |  | $4,176 |  |  |
(a)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the nine months ended September 30, 2025 and 2024 are as follows:
| Amounts reclassified from AOCI |  | Income Statement Location
| 2025 |  | 2024 |  |
| (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |
Amortization of prior service credit | $10,387 |  |  | $10,419 |  |  | (a)
Amortization of net gain | 7,367 |  |  | 5,167 |  |  | (a)
Settlement loss | (405) |  |  | (316,974) |  |  | (a)
Total amortization and settlement loss | 17,349 |  |  | (301,388) |  |  |
Income taxes | (4,935) |  |  | 62,743 |  |  | Income taxes
Total amortization and settlement loss (net of tax) | $12,414 |  |  | ($238,645) |  |  |
Total reclassifications for the period (net of tax) | $12,414 |  |  | ($238,645) |  |  |
(a)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the three months ended September 30, 2025 and 2024 are as follows:
|  | Amounts reclassified from AOCI |  | Income Statement Location
|  | 2025 |  | 2024 |  |
|  | (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |  |
Amortization of prior service credit |  | $1,136 |  |  | $1,136 |  |  | (a)
Amortization of net gain |  | 1,406 |  |  | 1,634 |  |  | (a)
Settlement loss |  | (106) |  |  | — |  |  | (a)
Total amortization and settlement loss |  | 2,436 |  |  | 2,770 |  |  |
Income taxes |  | (618) |  |  | (746) |  |  | Income taxes
Total amortization and settlement loss (net of tax) |  | $1,818 |  |  | $2,024 |  |  |
Total reclassifications for the period (net of tax) |  | $1,818 |  |  | $2,024 |  |  |
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the nine months ended September 30, 2025 and 2024 are as follows:
|  | Amounts reclassified from AOCI |  | Income Statement Location
|  | 2025 |  | 2024 |  |
|  | (In Thousands) |  |
Pension and other postretirement plan changes |  |  |  |  |  |
Amortization of prior service credit |  | $3,408 |  |  | $3,408 |  |  | (a)
Amortization of net gain |  | 4,844 |  |  | 4,900 |  |  | (a)
Settlement loss |  | (106) |  |  | — |  |  | (a)
Total amortization and settlement loss |  | 8,146 |  |  | 8,308 |  |  |
Income taxes |  | (3,225) |  |  | (2,237) |  |  | Income taxes
Total amortization and settlement loss (net of tax) |  | $4,921 |  |  | $6,071 |  |  |
Total reclassifications for the period (net of tax) |  | $4,921 |  |  | $6,071 |  |  |
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.

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