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Exelon (EXC) earnings date & Q2 2026 results
The quarter in brief
Revenue grew 10.0% y/y to $5.97B, operating margin 16.4% vs 17.1%, net income $396M (+1.3% y/y).
Key growth driver: Operating revenues rose 10.0% to $5,967M, but purchased power and fuel grew faster, to $2,211M from $1,896M; interest expense rose to $574M. · by the Q2 2026 report
Net income attributable to common shareholders
$396M
up 1.3% y/y
Operating revenues
$5,967M
up 10.0% y/y
Operating income
$979M
up 5.6% y/y
Next report
not announced yet
All figures in $M.
| Line item | Amount and change |
|---|---|
| Operating revenues | $5,967 · +10.0% |
| Purchased power and fuel | $2,211 · +16.6% |
| Operating and maintenance | $1,386 · +4.9% |
| Depreciation and amortization | $968 · +7.3% |
| Taxes other than income taxes | $423 · +10.4% |
| Operating income | $979 · +5.6% · 16.4% margin |
| Other, net | $90 · +38.5% |
| Interest expense, net | $574 · +8.1% |
| Income before income taxes | $495 · +7.4% |
| Income taxes | $99 · +41.4% · 20.0% effective rate |
| Net income attributable to common shareholders | $396 · +1.3% · $0.39/sh · 6.6% margin |
Verdict: revenue grew 10.0% y/y to $5.97B, operating margin 16.4% vs 17.1%, net income $396M (+1.3% y/y).
GAAP net income of $0.39 per share, unchanged from a year earlier; adjusted (non-GAAP) operating earnings $0.43 per share; full-year 2026 adjusted operating earnings guidance of $2.81-$2.91 per share affirmed.
Source and notation
Source: Exelon earnings release and its exhibits, 8-K EX-99 of 07/30/2026 (SEC EDGAR). Utility layout: operating revenues less fuel and purchased power, operations and maintenance, depreciation and taxes other than income taxes give operating income; interest and other income lead to pre-tax income. The income statement lines were taken from the release by hand; the program found every figure in the release text and checked the accounting identities and the chart balance; revenue and net income match the company's 10-Q.
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
- By utility, net income was $249M at ComEd (vs $228M), $119M at PECO (vs $136M), $55M at BGE (flat) and $109M at PHI (vs $143M); the holding company and other items lost $136M.
- Operating revenues rose 10.0% to $5,967M, but purchased power and fuel grew faster, to $2,211M from $1,896M; interest expense rose to $574M.
- BGE filed an electric distribution rate case with the Maryland Public Service Commission in July; about 86% of 2026 planned debt financings have been executed.
- Operating income was $979M, a 16.4% margin vs 17.1% a year earlier.
- The effective tax rate was 20.0% vs 15.2% a year earlier.
- Diluted EPS was $0.39 vs $0.39 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
Exelon Corporation is an American public utility headquartered in Chicago, and incorporated in Pennsylvania. · Text: Wikipedia, CC BY-SA 4.0, abridged
Exelon is the largest electric parent company in the United States by revenue and is the largest regulated electric utility in the United States with approximately 10 million customers. The company is ranked 187th on the Fortune 500.
Company guidance
Same quarter a year ago (ended September 30, 2025): revenue $6.7B, EPS (GAAP) $0.86
How we calculate
Year-ago figures are GAAP, from the company's SEC filings (XBRL); EPS is diluted.
EXC earnings history: past report dates
| Jul 30, 2026 Thu | 6:56 ambefore market open | Jun 30, 2026 | $6.0B+10% y/y | $0.39+0% y/y |
| May 6, 2026 Wed | 6:56 ambefore market open | Mar 31, 2026 | $7.2B+8% y/y | $0.90+0% y/y |
| Feb 12, 2026 Thu | 7:00 ambefore market open | Dec 31, 2025 | ≈$5.4B−1% y/y | ≈$0.58−9% y/y |
| Nov 4, 2025 Tue | 6:52 ambefore market open | Sep 30, 2025 | $6.7B+9% y/y | $0.86+23% y/y |
| Jul 31, 2025 Thu | 6:55 ambefore market open | Jun 30, 2025 | $5.4B+1% y/y | $0.39−13% y/y |
| May 1, 2025 Thu | 6:57 ambefore market open | Mar 31, 2025 | $6.7B+11% y/y | $0.90+36% y/y |
| Feb 12, 2025 Wed | 6:56 ambefore market open | Dec 31, 2024 | ≈$5.5B+2% y/y | ≈$0.64+2% y/y |
| Oct 30, 2024 Wed | 6:53 ambefore market open | Sep 30, 2024 | $6.2B+3% y/y | $0.70+0% y/y |
| Aug 1, 2024 Thu | 6:56 ambefore market open | Jun 30, 2024 | $5.4B+11% y/y | $0.45+32% y/y |
| May 2, 2024 Thu | 6:53 ambefore market open | Mar 31, 2024 | $6.0B+9% y/y | $0.66−1% y/y |
| Feb 21, 2024 Wed | 6:53 ambefore market open | Dec 31, 2023 | ≈$5.4B+15% y/y | ≈$0.63+47% y/y |
| Nov 2, 2023 Thu | 6:55 ambefore market open | Sep 30, 2023 | $6.0B+23% y/y | $0.70+3% y/y |
| Aug 2, 2023 Wed | 6:54 ambefore market open | Jun 30, 2023 | $4.8B+14% y/y | $0.34−28% y/y |
| May 3, 2023 Wed | 6:54 ambefore market open | Mar 31, 2023 | $5.6B+4% y/y | $0.67+37% y/y |
| Feb 14, 2023 Tue | 6:53 ambefore market open | Dec 31, 2022 | ≈$4.7B+5% y/y | ≈$0.43+7% y/y |
| Nov 3, 2022 Thu | 6:56 ambefore market open | Sep 30, 2022 | $4.8B−0% y/y | $0.68−45% y/y |
| Aug 3, 2022 Wed | 6:57 ambefore market open | Jun 30, 2022 | $4.2B+5% y/y | $0.47+15% y/y |
| May 9, 2022 Mon | 8:02 ambefore market open | Mar 31, 2022 | $5.3B+15% y/y | $0.49 |
| Nov 3, 2021 Wed | 6:55 ambefore market open | Sep 30, 2021 | $4.9B−45% y/y | $1.23+141% y/y |
| Aug 4, 2021 Wed | 6:53 ambefore market open | Jun 30, 2021 | $4.0B−45% y/y | $0.41−23% y/y |
| May 5, 2021 Wed | 6:53 ambefore market open | Mar 31, 2021 | $4.6B−47% y/y | −$0.30 |
| Feb 24, 2021 Wed | 6:57 ambefore market open | Dec 31, 2020 | — | ≈$0.37−53% y/y |
| Nov 3, 2020 Tue | 6:53 ambefore market open | Sep 30, 2020 | $8.9B−1% y/y | $0.51−35% y/y |
| Aug 4, 2020 Tue | 6:55 ambefore market open | Jun 30, 2020 | $7.3B−5% y/y | $0.53+6% y/y |
| May 8, 2020 Fri | 7:03 ambefore market open | Mar 31, 2020 | $8.7B−8% y/y | $0.60−35% y/y |
| Feb 11, 2020 Tue | 6:53 ambefore market open | Dec 31, 2019 | $8.3B−5% y/y | $0.79+394% y/y |
| Oct 31, 2019 Thu | 6:54 ambefore market open | Sep 30, 2019 | $8.9B−5% y/y | $0.79+5% y/y |
| Aug 1, 2019 Thu | 6:52 ambefore market open | Jun 30, 2019 | $7.7B−5% y/y | $0.50−9% y/y |
| May 2, 2019 Thu | 6:47 ambefore market open | Mar 31, 2019 | $9.5B−2% y/y | $0.93+55% y/y |
| Feb 8, 2019 Fri | 6:51 ambefore market open | Dec 31, 2018 | $8.8B+5% y/y | $0.16−92% y/y |
| Nov 1, 2018 Thu | 6:53 ambefore market open | Sep 30, 2018 | $9.4B+7% y/y | $0.75−12% y/y |
| Aug 2, 2018 Thu | 7:00 ambefore market open | Jun 30, 2018 | $8.1B+5% y/y | $0.55+450% y/y |
| May 2, 2018 Wed | 7:07 ambefore market open | Mar 31, 2018 | $9.7B+11% y/y | $0.60−43% y/y |
| Feb 7, 2018 Wed | 7:05 ambefore market open | Dec 31, 2017 | $8.4B+6% y/y | $1.94+782% y/y |
| Nov 2, 2017 Thu | 7:05 ambefore market open | Sep 30, 2017 | $8.8B−3% y/y | $0.85+60% y/y |
| Aug 2, 2017 Wed | 8:07 ambefore market open | Jun 30, 2017 | $7.7B+11% y/y | $0.10−66% y/y |
| May 3, 2017 Wed | 8:06 ambefore market open | Mar 31, 2017 | $8.7B+16% y/y | $1.06+458% y/y |
| Feb 8, 2017 Wed | 8:06 ambefore market open | Dec 31, 2016 | $7.9B+18% y/y | $0.22−33% y/y |
| Oct 26, 2016 Wed | 8:06 ambefore market open | Sep 30, 2016 | $9.0B+22% y/y | $0.53−23% y/y |
| Aug 9, 2016 Tue | 8:10 ambefore market open | Jun 30, 2016 | $6.9B+6% y/y | $0.29−61% y/y |
| May 6, 2016 Fri | 8:07 ambefore market open | Mar 31, 2016 | $7.6B−14% y/y | $0.19−76% y/y |
| Feb 3, 2016 Wed | 8:03 ambefore market open | Dec 31, 2015 | $6.7B−8% y/y | $0.33 |
| Oct 30, 2015 Fri | 8:07 ambefore market open | Sep 30, 2015 | $7.4B+7% y/y | $0.69−40% y/y |
| Jul 29, 2015 Wed | 8:08 ambefore market open | Jun 30, 2015 | $6.5B+8% y/y | $0.74+23% y/y |
| Apr 29, 2015 Wed | 8:07 ambefore market open | Mar 31, 2015 | $8.8B+22% y/y | $0.80+700% y/y |
| Feb 13, 2015 Fri | 8:05 ambefore market open | Dec 31, 2014 | $7.3B+18% y/y | $0.02−97% y/y |
| Oct 29, 2014 Wed | 8:08 ambefore market open | Sep 30, 2014 | $6.9B+6% y/y | $1.15+34% y/y |
| Jul 31, 2014 Thu | 7:10 ambefore market open | Jun 30, 2014 | $6.0B−2% y/y | $0.60+5% y/y |
| Apr 30, 2014 Wed | 6:20 ambefore market open | Mar 31, 2014 | $7.2B+19% y/y | $0.10 |
| Feb 6, 2014 Thu | 8:19 ambefore market open | Dec 31, 2013 | $6.2B−1% y/y | $0.59+34% y/y |
| Oct 30, 2013 Wed | 7:35 ambefore market open | Sep 30, 2013 | $6.5B−1% y/y | $0.86+146% y/y |
| Jul 31, 2013 Wed | 8:09 ambefore market open | Jun 30, 2013 | $6.1B+3% y/y | $0.57+73% y/y |
| May 1, 2013 Wed | 8:08 ambefore market open | Mar 31, 2013 | $6.1B+30% y/y | −$0.01 |
| Feb 7, 2013 Thu | 7:40 ambefore market open | Dec 31, 2012 | $6.3B+44% y/y | $0.44−52% y/y |
| Nov 1, 2012 Thu | 7:44 ambefore market open | Sep 30, 2012 | $6.6B+25% y/y | $0.35−61% y/y |
| Aug 1, 2012 Wed | 8:42 ambefore market open | Jun 30, 2012 | $6.0B+33% y/y | $0.33−65% y/y |
| May 4, 2012 Fri | 7:38 ambefore market open | Mar 31, 2012 | $4.7B−5% y/y | $0.28−72% y/y |
| Jan 25, 2012 Wed | 8:16 ambefore market open | Dec 31, 2011 | $4.4B | $0.91 |
| Oct 26, 2011 Wed | 8:25 ambefore market open | Sep 30, 2011 | $5.3B | $0.90 |
| Jul 27, 2011 Wed | 8:13 ambefore market open | Jun 30, 2011 | $4.5B | $0.93 |
| Apr 27, 2011 Wed | 8:05 ambefore market open | Mar 31, 2011 | $5.0B | $1.01 |
Show all 61 reports since 2011Show fewer
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Companies that file the 8-K late in the evening publish the release the next morning: the date is that morning, before market open, and the evening filing time is not shown. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Exelon: 15-year financials
| 2025 | 24,258 | 5,148 | 2,768 | −2,275 | 1,617 |
| 2024 | 23,028 | 4,319 | 2,460 | −1,528 | 1,524 |
| 2023 | 21,727 | 4,023 | 2,328 | −2,705 | 1,433 |
| 2022 | 19,078 | 3,315 | 2,170 | −2,277 | 1,334 |
| 2021 | 17,938 | 2,682 | 1,706 | −4,969 | 1,497 |
| 2020 | 16,663 | 2,191 | 1,963 | −3,813 | 1,492 |
| 2019 | 34,438 | 4,374 | 2,936 | −589 | 1,408 |
| 2018 | 35,978 | 3,891 | 2,005 | 1,050 | 1,332 |
| 2017 | 33,558 | 4,388 | 3,779 | −104 | 1,236 |
| 2016 | 31,366 | 3,212 | 1,121 | −92 | 1,166 |
| 2015 | 29,447 | 4,409 | 2,269 | −8 | 1,105 |
| 2014 | 27,429 | 3,096 | 1,623 | −1,620 | 1,065 |
| 2013 | 24,888 | 3,669 | 1,719 | 948 | 1,249 |
| 2012 | 23,489 | 2,373 | 1,171 | 342 | 1,716 |
| 2011 | 19,063 | 4,479 | 2,499 | 811 | 1,393 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP)*.
How we calculate
Figures are annual report lines; if a year was later restated (discontinued operations, mergers), we use the latest filing that shows it. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing. The table starts in 2011; where the listed issuer changed (holding reorganization, redomicile), earlier years come from the predecessor’s filings.
Shareholders’ equity at Mar 31, 2026: $29.3B (25% of total assets). Compare with other S&P 500 companies →
Included in screener lists: S&P 500 companies that paid dividends 10 years without a gap
Exelon (EXC) earnings: FAQ
When is EXC's next earnings date?
We have not yet seen an announcement of the date from Exelon (EXC). Based on last year's report on Nov 4, 2025, the next report is expected around Nov 3, 2026.
What time does EXC report earnings?
Exelon usually reports before market open: its latest results release was filed with the SEC at 6:56 am ET on Jul 30, 2026.
When did EXC last report earnings?
Exelon reported Q2 2026 results on Jul 30, 2026.
Where can I find Exelon's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to EXC's filings; this page breaks the latest report down in a Sankey chart.
What was EXC's net income in Q2 2026?
Exelon reported net income of $396M for Q2 2026 (+1.3% year over year), under US GAAP.
Does Exelon pay dividends?
Yes. In 2025, Exelon paid $1,617M in dividends on its common stock, per its 10-K. Earlier years are in the 15-year table above.
How has Exelon's revenue changed since 2011?
Per its 10-K filings, revenue grew 1.3x: $19,063M in 2011 and $24,258M in 2025. The peak was $35,978M in 2018. Year-by-year figures are in the table above.
New to earnings reports? Start with how to read an earnings report.
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