---
schema_version: "secwatch.filing_event.v1"
accession: "0000004904-26-000031"
form_type: "8-K"
ticker: "AEP"
cik: "0000004904"
company_name: "AMERICAN ELECTRIC POWER CO INC"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:36:55.583251+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AEP Q1 GAAP EPS $1.61 (up 7.3% YoY), operating EPS $1.64; raises five-year capex to $78B

## Summary
- Q1 GAAP net income $874M ($1.61 EPS) vs $800M ($1.50) YoY; operating earnings $891M ($1.64 EPS) vs $823M ($1.54).
- Reaffirms FY2026 operating EPS guidance $6.15-$6.45; expects operating earnings CAGR >9% through 2030.
- Increases five-year capital plan to $78B (from $72B) driven by PJM/SPP transmission awards and new gas generation in Indiana.
- New load commitments 63 GW by 2030 (41 GW from AEP Texas); expects up to $16B in customer cost offsets.

## SEC filing metadata
- accession: 0000004904-26-000031
- form_type: 8-K
- ticker: AEP
- cik: 0000004904
- company_name: AMERICAN ELECTRIC POWER CO INC
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4904/000000490426000031/0000004904-26-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4904/000000490426000031/aep-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-26-000031
- JSON: https://secwatch.observer/filing/0000004904-26-000031.json
- Plain text: https://secwatch.observer/filing/0000004904-26-000031.txt

## Key facts
- Earnings Releases
  AMERICAN ELECTRIC POWER CO INC reported first-quarter 2026 results: revenue $6,020 million, net income $874 million, EPS $1.61 per share. Guidance reaffirmed.
  - Period: first-quarter 2026
  - Revenue: $6,020 million
  - Net income: $874 million
  - EPS: $1.61 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: • Accelerating demand drives five-year capital plan to $78 billion, with line of sight to over $10 billion in additional investment anticipated • New capital plan additions of $6 billion raise the expected operating earnings CAGR to greater than 9% through 2030 COLUMBUS, Ohio, May 5, 2026 - American Electric Power (Nasdaq: AEP) today reported first-quarter 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/4904/000000490426000031/0000004904-26-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.