Excelerate Energy, Inc. income statement
In fiscal 2025, Excelerate Energy, Inc. reported revenue of $1.23bn, up 44.3% on the year before, operating income of $267m (a 21.7% margin) and net income of $39.2m, or $1.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 431 | 889 | 2,473 | 1,159 | 851 | 1,228 | 1,471 |
| General and administrative | 43 | 47 | 66 | 87 | 94 | 94 | 100 |
| Operating income | 133 | 139 | 187 | 211 | 215 | 267 | 320 |
| Income before tax | 47 | 62 | 108 | 160 | 179 | 195 | 226 |
| Income tax | 14 | 21 | 28 | 33 | 26 | 28 | 20 |
| Net income | 0 | 0 | 13 | 30 | 33 | 39 | 47 |
| Diluted EPS | $0.00 | $0.00 | $0.51 | $4.44 | $1.27 | $1.28 | — |
| Diluted shares (average) | — | — | 26m | 27m | 26m | 31m | — |
| EBITDA | 237 | 244 | 284 | 325 | 314 | 378 | 448 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 193 | 275 | 315 | 205 | 391 | 318 | 433 | 329 |
| General and administrative | 24 | 23 | 21 | 22 | 23 | 28 | 24 | 24 |
| Operating income | 60 | 60 | 66 | 43 | 87 | 70 | 82 | 81 |
| Income before tax | 52 | 52 | 58 | 26 | 63 | 47 | 59 | 56 |
| Income tax | 6 | 6 | 6 | 6 | 8 | 8 | 9 | −6 |
| Net income | 9 | 11 | 11 | 5 | 14 | 9 | 12 | 12 |
| Diluted EPS | $0.09 | $0.10 | $0.46 | $0.15 | $0.43 | $0.27 | $0.37 | $0.37 |
| EBITDA | 83 | 83 | 87 | 69 | 119 | 103 | 113 | 114 |
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