Constellation Energy

CEG Utilities Market cap $93.7B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 6, 2026

Revenue$7.50B +23% year over year

Operating profit$0.90B 12% margin

Net profit$0.51B 7% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	7.50	100%	+23%
Calpine	2.40	32%
Mid-Atlantic	1.85	25%
Midwest	1.73	23%
Other power regions	1.49	20%
Other revenue	0.04	0%
Operating expenses	−6.60	88%
Property taxes	−0.09	1%
Interest	−0.28	4%
Other	−6.23	83%
Operating profit	0.90	12% margin	−9pp
Tax	−0.39
Net profit	0.51	7% margin	−7pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	11.12	100%	+64%
Power & power related	6.04	54%
Type	4.67	42%
Capacity	0.42	4%
Operating expenses	−9.00	81%
Purchased power and fuel	−6.55	59%
Operating and maintenance	−1.78	16%
Depreciation and amortization	−0.44	4%	+0pp
Taxes other than income taxes	−0.23	2%	+0pp
Operating profit	2.13	19% margin	+17pp
Tax	−0.54
Net profit	1.59	14% margin	+13pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.07	100%	+13%
Operating expenses	−5.38	89%
Property taxes	−0.07	1%	+0pp
Interest	−0.11	2%	+0pp
Other	−5.20	86%	+0pp
Operating profit	0.69	11% margin	−5pp
Tax	−0.26
Net profit	0.43	7% margin	−9pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.57	100%	+0%
Mid-Atlantic	1.76	27%
Other power regions	1.54	23%
Midwest	1.39	21%
Segment reconciling items	0.69	10%
ERCOT	0.63	10%
New York	0.56	9%
Operating expenses	−5.18	79%
Purchased power and fuel	−3.26	50%	+0pp
Operating and maintenance	−1.51	23%	+0pp
Depreciation and amortization	−0.24	4%	+0pp
Taxes other than income taxes	−0.17	2%	+0pp
Operating profit	1.40	21% margin	−4pp
Tax	−0.47
Net profit	0.93	14% margin	−4pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.10	100%	+11%
Midwest	1.52	25%
Mid-Atlantic	1.45	24%
Other power regions	1.18	19%
Segment reconciling items	0.95	15%
New York	0.54	9%
ERCOT	0.46	8%
Operating expenses	−4.83	79%
Purchased power and fuel	−2.81	46%	+0pp
Operating and maintenance	−1.62	27%	+0pp
Depreciation and amortization	−0.25	4%	+0pp
Taxes other than income taxes	−0.15	2%	+0pp
Operating profit	1.27	21% margin	+3pp
Tax	−0.43
Net profit	0.84	14% margin	−1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.79	100%	+10%
Mid-Atlantic	1.67	24%
Other power regions	1.56	23%
Midwest	1.40	21%
Segment reconciling items	1.20	18%
New York	0.56	8%
ERCOT	0.40	6%
Operating expenses	−6.64	98%
Purchased power and fuel	−4.68	69%	+0pp
Operating and maintenance	−1.55	23%	+0pp
Depreciation and amortization	−0.25	4%	+0pp
Taxes other than income taxes	−0.16	2%	+0pp
Operating profit	0.15	2% margin	−15pp
Tax	−0.03
Net profit	0.12	2% margin	−13pp

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 6, 2026 Operating margin 12% Net profit $0.51B	Apr 1 – Jun 30, 2026	Aug 6, 2026	$7.50B	+23%	12%	$0.51B	7%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 11, 2026 Operating margin 19% Net profit $1.59B	Jan 1 – Mar 31, 2026	May 11, 2026	$11.12B	+64%	19%	$1.59B	14%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 24, 2026 Operating margin 11% Net profit $0.43B	Oct 1 – Dec 31, 2025	Feb 24, 2026	$6.07B	+13%	11%	$0.43B	7%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Nov 7, 2025 Operating margin 21% Net profit $0.93B	Jul 1 – Sep 30, 2025	Nov 7, 2025	$6.57B	+0%	21%	$0.93B	14%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 7, 2025 Operating margin 21% Net profit $0.84B	Apr 1 – Jun 30, 2025	Aug 7, 2025	$6.10B	+11%	21%	$0.84B	14%
Q1 FY25 Jan 1 – Mar 31, 2025 reported May 6, 2025 Operating margin 2% Net profit $0.12B	Jan 1 – Mar 31, 2025	May 6, 2025	$6.79B	+10%	2%	$0.12B	2%