
FORM 10-K For the transition period from ____________ to ____________ Indicate by check mark if the registrants are well-known seasoned issuers, as defined in Rule 405 of the Securities Act. Indicate by check mark if the registrants are not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Indicate by check mark whether the registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrants were required tofile such reports), and (2) have been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrants have submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrants were required to submit such files).YesNo Indicate by check mark whether each registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrants have elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b))by the registered public accounting firm that prepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrants included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrants’ executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrants are shell companies (as defined in Rule 12b-2 of the Act).Yes☐No The aggregate market value of Entergy Corporation Common Stock, $0.01 Par Value, held by non-affiliates at June 30, 2025 was$37.1billion.Entergy Corporation is the sole holder of the common stock of Entergy Texas, Inc. and System Energy Resources,Inc.Entergy Corporation is the direct and indirect holder of the common membership interests of Entergy Utility HoldingCompany, LLC, which is the sole holder of the common membership interests of Entergy Arkansas, LLC, Entergy Louisiana,LLC, Entergy Mississippi, LLC, and Entergy New Orleans, LLC. Common Stock OutstandingEntergy Corporation Outstanding at January30, 2026452,989,837 DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement of Entergy Corporation to be filed in connection with its Annual Meeting of Stockholders, to beheld May 8, 2026, are incorporated by reference into Part III hereof. System Energy Resources, Inc. meets the requirements set forth in General Instruction I(1) of Form 10-K and is therefore filingthis Form 10-K with reduced disclosure as allowed in General Instruction I(2).System Energy Resources, Inc. is reducing itsdisclosure by not including Part III, Items 10 through 13 in its Form 10-K. TABLE OF CONTENTS This combined Form 10-K is separately filed by Entergy Corporation and its six Registrant Subsidiaries: EntergyArkansas, LLC, Entergy Louisiana, LLC, Entergy Mississippi, LLC, Entergy New Orleans, LLC, Entergy Texas, Inc., andSystem Energy Resources, Inc.Information contained herein relating to any individual company is filed by such companyon its own behalf.Each company makes representations only as to itself and makes no other representations whatsoever asto any other company. The report should be read in its entirety as it pertains to each respective reporting company.No one section of thereport deals with all aspects of the subject matter.Separate Item 7 and 8 sections are provided for each reportingcompany, except for the Notes to the financial statements.The Notes to the financial statements for all of the reportingcompanies are combined.All Items other than 7 and 8 are combined for the reporting companies. FORWARD-LOOKING INFORMATION In this combined report and from time to time, Entergy Corporation and the Registrant Subsidiaries each makes statementsas a registrant concerning its expectations, beliefs, plans, objectives, goals, projections, strategies, and future events orperformance.Such statement