Exelon income statement
In fiscal 2025, Exelon reported revenue of $24.26bn, up 5.3% on the year before, operating income of $5.15bn (a 21.2% margin) and net income of $2.77bn. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.3 | 18.6 | 19.1 | 23.5 | 24.9 | 27.4 | 29.4 | 31.4 | 33.6 | 36.0 | 34.4 | 16.7 | 17.9 | 19.1 | 21.7 | 23.0 | 24.3 | 25.9 |
| Operating income | 4.8 | 4.7 | 4.5 | 2.4 | 3.7 | 3.1 | 4.4 | 3.2 | 4.4 | 3.9 | 4.4 | 2.2 | 2.7 | 3.3 | 4.0 | 4.3 | 5.1 | 5.1 |
| Interest expense | 0.7 | 0.8 | 0.7 | 0.9 | 1.3 | 1.0 | 1.0 | 1.5 | 1.5 | 1.5 | 1.6 | 1.6 | — | — | — | — | — | — |
| Non-interest expense | 12.6 | 13.9 | 14.4 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 4.4 | 4.2 | 4.0 | 1.8 | 2.8 | 2.5 | 3.3 | 2.0 | 3.8 | 2.2 | 4.0 | 1.1 | 1.7 | 2.4 | 2.7 | 2.7 | 3.3 | 3.2 |
| Income tax | 1.7 | 1.7 | 1.5 | 0.6 | 1.0 | 0.7 | 1.1 | 0.8 | −0.1 | 0.1 | 0.8 | −0.0 | 0.0 | 0.3 | 0.4 | 0.2 | 0.5 | 0.6 |
| Net income | 2.7 | 2.6 | 2.5 | 1.2 | 1.7 | 1.6 | 2.3 | 1.1 | 3.8 | 2.0 | 2.9 | 2.0 | 1.7 | 2.2 | 2.3 | 2.5 | 2.8 | 2.6 |
| Diluted EPS | $4.09 | $3.87 | $3.75 | $1.42 | $2.00 | $1.88 | $2.54 | $1.21 | $3.98 | $2.07 | $3.01 | $2.01 | $1.74 | — | — | — | — | $2.57 |
| Diluted shares (average) | 662m | 663m | 665m | 819m | 860m | 864m | 893m | 927m | 949m | 969m | 974m | 977m | 980m | 987m | 997m | 1,003m | 1,012m | 1,026m |
| EBITDA | 6.6 | 6.8 | 5.8 | 4.3 | 5.8 | 5.4 | 6.9 | 7.1 | 8.2 | 8.2 | 8.6 | 5.1 | 5.7 | 6.6 | 7.5 | 7.9 | 8.8 | 9.0 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,471 | 6,714 | 5,427 | 6,705 | 5,412 | 7,242 | 5,967 | 7,319 |
| Operating income | 1,098 | 1,536 | 927 | 1,500 | 1,185 | 1,605 | 979 | 1,379 |
| Income before tax | 696 | 1,078 | 461 | 1,030 | 721 | 1,119 | 495 | 883 |
| Income tax | 49 | 170 | 70 | 155 | 127 | 200 | 99 | 154 |
| Net income | 647 | 908 | 391 | 875 | 594 | 919 | 396 | 729 |
| Diluted EPS | — | $0.90 | $0.39 | $0.86 | — | $0.90 | $0.39 | $0.70 |
| EBITDA | 2,011 | 2,441 | 1,828 | 2,413 | 2,109 | 2,558 | 1,947 | 2,370 |
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