Tennessee Valley Authority

TVE · XNYS

CIK 1376986fmd_0A5VB1EG7HERSYPT8NY8Q90Y2KTransportation, Communications, Electric, Gas and Sanitary Services · Electric ServicesTemplate: Utilities

Coverage: Oct 01, 2008 to Sep 30, 2026, 67 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	10,739	11,233	11,318	10,249	10,503	12,540	12,054	12,314	13,672	14,218
Operating revenues (regulated and unregulated)	10,586	–	–	–	–	12,540	12,054	12,314	13,672	14,218
Fuel and purchased power	3,160	3,022	2,903	2,464	2,721	4,488	4,182	3,750	4,482	4,811
Realized investment gains (losses)	9	6	3	9	16	(17)	13	23	14	14
Provision for credit losses	–	–	–	–	–	–	–	–	–	–
Operations and maintenance	–	–	–	–	–	2,986	3,372	3,641	3,717	3,453
Depreciation and amortization	1,717	2,527	1,973	1,826	1,533	2,054	2,213	2,138	2,271	1,983
Taxes other than income taxes	525	518	541	528	514	601	593	557	633	679
Total operating expenses	8,006	8,665	8,507	7,538	7,658	10,129	10,360	10,086	11,103	10,926
Operating income	2,733	2,568	2,811	2,711	2,845	2,411	1,694	2,228	2,569	3,292
Interest expense	1,346	1,243	1,198	1,142	1,088	1,052	1,056	1,066	1,196	1,261
Other non-operating income (expense)	56	50	62	36	13	7	61	71	92	181
Net income	685	1,119	1,417	1,352	1,512	1,108	500	1,135	1,360	2,121