CEG · Q2 FY26 · Apr 1 – Jun 30, 2026
Constellation Energy Q2 FY26: where the revenue came from and where it went
Constellation Energy Q2 FY26: revenue $7.5B (+23% year over year). Net profit $0.5B. Largest cohort Calpine $2.4B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- May 11, 2026
Revenue$7.50B
+23% year over year
Operating profit$0.90B
12% margin
Net profit$0.51B
7% margin
The numbers
| 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 | 0.04 | 1% | |
| Property taxes | −0.09 | 1% | +0pp |
| Interest | −0.28 | 4% | +2pp |
| Other | −6.23 | 83% | +0pp |
| Operating profit | 0.90 | 12% margin | −9pp |
| Tax | −0.39 | ||
| Net profit | 0.51 | 7% | −7pp |
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