Exelon Corporation

Exelon Corporation (EXC) reported strong financial performance for FY 2025 ending December 31, 2025, with total operating revenues of $24.26 billion, reflecting core operations in regulated electricity and natural gas. Revenues included $25.00 billion in operating revenues offset by $746.0 million from alternative revenue programs. Operating expenses totaled $19.11 billion, driven by $8.67 billion in purchased power and fuel, $5.18 billion in operating and maintenance, $3.64 billion in depreciation and amortization, and $1.63 billion in taxes other than income taxes. This resulted in operating income of $5.15 billion. After $1.86 billion in net other deductions, primarily $2.10 billion interest expense, income before taxes was $3.29 billion. Income taxes of $523.0 million led to net income available to common stockholders of $2.77 billion, or $3 per basic and diluted share on 1.01 billion shares. Comprehensive income attributable to common shareholders was $2.73 billion. Balance sheet showed total assets of $116.57 billion, with property, plant, and equipment at $84.32 billion, shareholders' equity at $28.80 billion, and total liabilities at $87.77 billion. Operating cash flow was robust at $6.25 billion, funding $8.53 billion in capital expenditures amid net investing outflow of $8.53 billion and financing inflow of $2.53 billion, yielding a $262.0 million increase in cash and equivalents. No prior year figures disclosed.

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