Quality rankings require at least 50 unique 13-F institutional holders to ensure peer comparisons are meaningful. Only 3 institutional filers currently hold this stock.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
AI-extracted from the 10-Q filed 2026-08-04 — 9M FY2026 (nine months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
TVA's net income grew 29.5% YoY to $965M in the nine months ended June 30, 2026, driven by higher fuel cost recovery rates from elevated natural gas prices and increased demand from data processing/AI sectors, partially offset by higher fuel and purchased power expenses.
Biggest Revenue Drivers
Revenue from sales of electricity - Local power company customers$9.0B+2.5% YoY
91% of TVA's electricity revenue; higher fuel cost recovery rates from natural gas prices and increased sales volume, particularly data processing/web hosting sector
Revenue from sales of electricity - Industries directly served$776M+5.7% YoY
Federal agencies and large industrial customers; growth driven by higher sales volume within data processing sector
Biggest Revenue Drivers
Total revenue: $10.0B+2.9% YoY
Revenue from sales of electricity - Local power company customers$9.0B+2.5% YoY
91% of TVA's electricity revenue; higher fuel cost recovery rates from natural gas prices and increased sales volume, particularly data processing/web hosting sector
Revenue from sales of electricity - Industries directly served$776M+5.7% YoY
Federal agencies and large industrial customers; growth driven by higher sales volume within data processing sector
Other revenue$160M+10.3% YoY
Wheeling charges, steam sales, interconnection fees, and renewable energy certificates
Largest Expense Items
Fuel$1,882M+12.4% YoY
Higher natural gas prices and increased generation levels, partially offset by deferral of excess costs
Purchased power$1,561M+3.0% YoY
Higher market prices offset by increased TVA generation and deferral of excess costs
Depreciation and amortization$1,530M-9.5% YoY
$132M reduction from Kingston and Cumberland coal plant life assumption changes; $105M reduction from Browns Ferry nuclear license extension
Operating and maintenance$2,695M-2.7% YoY
$62M reduction from IRA tax credits recognized as income-related government grants; increases offset by labor and technology costs
Watch Items from the Filing
Two largest customers (MLGW and NES) each represent 8% of total operating revenues; MLGW operates under 5-year termination notice creating potential customer concentration and revenue volatility risk.
Four environmental litigation matters filed or anticipated (Cumberland CAA violations, Kingston CAA violations, Kingston gas permit challenge, and NEPA challenge) seeking injunctive relief and civil penalties; outcomes cannot be predicted.
Asset retirement obligations decreased $879M to $9.5B through nuclear license extensions (Browns Ferry +20 years) and EPA CCR deadline extensions, reducing long-term decommissioning cost uncertainty and improving financial position.
TVA Board regained quorum in January 2026 with six members, enabling strategic decision-making after prior operational constraints; Presidential Memorandum capping total employee compensation at $500K may impact talent retention.
Cumberland Combined Cycle Gas Plant (CUG) entered pre-commercial operations in Q3 2026 with $2.0B lease financing; Johnsonville and Allen CT projects in progress with $276M-$668M remaining spend; $1.3B+ battery storage commitments through 2029.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About Tennessee Valley Authority (TVC): stock profile, AI score and financials
Tennessee Valley Authority (TVC) stock profile, AI quality score, and SEC EDGAR financial data, a Utilities sector company. TVC is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least 50 unique 13-f institutional holders to ensure peer comparisons are meaningful. only 3 institutional filers currently hold this stock. Based on the latest XBRL financial filings (Q3 2026), Tennessee Valley Authority reports quarterly revenue of $3.4B, net income of $307.0M, an operating margin of 17.8%. TVC trades on the NYSE exchange and files with the SEC under CIK 1376986. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TVC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Tennessee Valley Authority directly from SEC EDGAR.