Exelon Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	24,258	23,028	21,727	19,078	17,938
Revenue Growth (YoY)	5.34%	5.99%	13.88%	6.35%	7.65%
Fuel and Purchased Power Expense	8,667	8,683	8,241	6,373	6,385
Operations and Maintenance Expenses	5,177	4,940	4,559	4,673	4,547
Gross Profit	10,414	9,405	8,927	8,032	7,006
Depreciation & Amortization Expenses	3,640	3,594	3,506	3,325	3,033
Taxes Other than Income Tax	1,629	1,504	1,408	1,390	1,291
Net Gains on Disposal of Operating Assets	3	12	10	-2	-
Other Operating Expenses	-3	-12	-10	2	-
Operating Income	5,148	4,319	4,023	3,315	2,682
Interest Expense	-2,127	-1,914	-1,729	-1,447	-1,289
Other Non-Operating Income (Expense)	270	262	408	535	261
Total Non-Operating Income (Expense)	-1,857	-1,652	-1,321	-912	-1,028
Pretax Income	3,291	2,667	2,702	2,403	1,654
Provision for Income Taxes	523	207	374	349	38
Net Income	2,768	2,460	2,328	2,170	1,706
Minority Interest in Earnings	-	-	-	1	123
Earnings From Discontinued Operations	-	-	-	233	303
Net Income to Common	2,768	2,460	2,328	2,170	1,706
Net Income Growth	12.52%	5.67%	7.28%	27.20%	-13.09%
Shares Outstanding (Basic)	1,011	1,003	996	986	979
Shares Outstanding (Diluted)	1,012	1,003	997	987	980
Shares Change (YoY)	0.90%	0.60%	1.01%	0.71%	0.31%
EPS (Basic)	2.74	2.45	2.34	2.08	1.65
EPS (Diluted)	2.73	2.45	2.34	2.08	1.65
EPS Growth	11.43%	4.70%	12.50%	26.06%	46.02%
Free Cash Flow	-2,275	-1,528	-2,705	-2,277	-4,969
Free Cash Flow Per Share	-2.25	-1.52	-2.71	-2.31	-5.07
Dividends Per Share	1.600	1.520	1.440	1.350	1.530
Dividend Growth	5.26%	5.56%	6.67%	-11.77%	-
Gross Margin	42.93%	40.84%	41.09%	42.10%	39.06%
Operating Margin	21.22%	18.76%	18.52%	17.38%	14.95%
Profit Margin	11.41%	10.68%	10.71%	10.77%	9.01%
FCF Margin	-9.38%	-6.64%	-12.45%	-11.94%	-27.70%
EBITDA	8,791	7,915	7,529	6,848	10,255
EBITDA Margin	36.24%	34.37%	34.65%	35.89%	57.17%
EBIT	5,148	4,319	4,023	3,315	2,682
EBIT Margin	21.22%	18.76%	18.52%	17.38%	14.95%
Effective Tax Rate	15.89%	7.76%	13.84%	14.52%	2.30%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.