Constellation Energy Corporation (CEG)
NASDAQ: CEG · Real-Time Price · USD
276.75
-5.66 (-2.00%)
At close: Aug 28, 2026, 4:00 PM EDT
277.11
+0.36 (0.13%)
After-hours: Aug 28, 2026, 7:56 PM EDT
Constellation Energy Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 513 | 1,590 | 432 | 930 | 839 | 118 | 852 | 1,200 | 814 | 883 | -37 | 731 | 833 | 96 | 34 | -189 | -111 | 106 | 42 | 607 |
Depreciation & Amortization | 971 | 974 | 656 | 645 | 660 | 640 | 651 | 661 | 694 | 694 | 617 | 654 | 630 | 613 | 627 | 635 | 621 | 619 | 610 | 695 |
Loss (Gain) on Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13 | 3 | -16 | -57 | -65 |
Loss (Gain) on Sale of Investments | -405 | 10 | -97 | -271 | -285 | 224 | 38 | -174 | 53 | -239 | -139 | 40 | -502 | -182 | -252 | 234 | 534 | 291 | -126 | 172 |
Loss (Gain) on Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13 | - | - | - | 10 | - |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | 44 |
Restructuring Activities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 617 |
Stock-Based Compensation | - | - | - | - | - | - | - | - | - | - | - | - | -12 | 12 | - | - | - | - | - | - |
Change in Accounts Receivable | -16 | 323 | -179 | -392 | 223 | -15 | -395 | 312 | 307 | 464 | -546 | -356 | 785 | 513 | -718 | -210 | 138 | -78 | -409 | -117 |
Change in Inventory | -169 | 106 | -72 | -79 | -81 | 98 | -130 | -27 | -56 | 114 | -30 | -34 | -44 | 168 | -62 | -78 | -170 | 82 | -39 | -33 |
Change in Accounts Payable | 100 | -1,377 | 341 | 204 | 61 | -290 | 1,159 | 169 | 175 | -382 | 196 | 199 | -209 | -1,516 | 353 | 404 | 349 | 36 | -11 | 203 |
Change in Income Taxes | -90 | 103 | 202 | 214 | 89 | 120 | 142 | 240 | -245 | 159 | 48 | 117 | -3 | 163 | -202 | 75 | 35 | 254 | 79 | 178 |
Change in Other Net Operating Assets | -676 | -746 | -671 | 277 | 101 | -1,104 | -3,048 | -2,175 | -1,918 | -2,198 | -4,129 | -2,205 | -1,936 | -1,055 | -2,857 | -2,179 | -1,228 | 45 | -3,037 | 27 |
Other Operating Activities | 900 | -558 | 193 | 320 | -130 | 316 | -285 | -318 | -437 | -218 | 838 | -139 | 266 | 254 | 642 | 101 | -259 | 12 | 618 | -997 |
Operating Cash Flow | 1,128 | 425 | 805 | 1,848 | 1,477 | 107 | -1,016 | -112 | -613 | -723 | -3,182 | -993 | -192 | -934 | -2,422 | -1,194 | -88 | 1,351 | -2,312 | 1,331 |
Operating Cash Flow Growth (YoY) | -23.63% | 297.20% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1523.17% |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -1,246 | -1,275 | -987 | -393 | -767 | -806 | -739 | -559 | -547 | -752 | -2,356 | -400 | -679 | -677 | -628 | -290 | -390 | -410 | -243 | -367 |
Sale of Property, Plant & Equipment | - | - | - | - | - | - | - | - | - | - | - | - | -24 | 24 | 11 | 2 | 11 | 28 | 76 | 78 |
Cash Acquisitions | - | -2,537 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Contributions to Nuclear Demissioning Trust | -2,339 | -2,572 | -1,511 | -1,774 | -1,847 | -2,152 | -1,142 | -2,097 | -1,196 | -1,847 | -1,676 | -1,171 | -1,173 | -2,030 | -1,059 | -889 | -1,130 | -1,193 | -773 | -1,362 |
Other Investing Activities | 2,216 | 2,652 | 1,521 | 1,704 | 1,742 | 2,072 | 4,253 | 5,062 | 3,563 | 3,429 | 4,884 | 3,579 | 1,828 | 2,902 | 2,909 | 2,347 | 1,806 | 1,979 | 1,583 | 2,184 |
Investing Cash Flow | -1,369 | -3,732 | -977 | -463 | -872 | -886 | 2,372 | 2,406 | 1,820 | 830 | 852 | 2,008 | -48 | 219 | 1,233 | 1,170 | 297 | 404 | 643 | 533 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Short-Term Debt Issued | - | 4,957 | - | - | - | - | - | - | - | 365 | - | - | - | 500 | - | - | - | - | - | - |
Long-Term Debt Issued | - | 2,770 | - | - | - | - | - | - | - | 900 | - | - | - | 1,353 | - | - | - | 2 | - | - |
Total Debt Issued | 4,360 | 7,727 | - | 750 | 900 | - | 20 | - | -165 | 1,265 | 161 | 1,428 | 438 | 1,853 | 262 | 3 | 4 | 2 | 362 | 881 |
Short-Term Debt Repaid | - | -1,500 | - | - | - | - | - | - | - | -500 | - | - | - | -954 | - | - | - | -1,002 | - | - |
Long-Term Debt Repaid | - | -5,254 | - | - | - | -57 | - | - | - | -32 | - | - | - | -30 | - | - | - | -1,316 | - | - |
Total Debt Repaid | -2,098 | -6,754 | -40 | -28 | -951 | -57 | -22 | -714 | -697 | -532 | 941 | -464 | 139 | -984 | 190 | 459 | -931 | -2,318 | 324 | -33 |
Net Debt Issued (Repaid) | 2,262 | 973 | -40 | 722 | -51 | -57 | -2 | -714 | -862 | 733 | 1,102 | 964 | 577 | 869 | 452 | 462 | -927 | -2,316 | 686 | 848 |
Issuance of Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,750 | - | 64 |
Repurchase of Common Stock | -1,971 | - | - | - | -400 | - | - | - | -500 | -499 | -242 | -251 | -268 | -231 | - | - | - | - | - | - |
Common Dividends Paid | -154 | -155 | -121 | -121 | -122 | -122 | -111 | -111 | -110 | -112 | -89 | -92 | -92 | -93 | -46 | -46 | -47 | -46 | -459 | -457 |
Other Financing Activities | 10 | -88 | -10 | 43 | 88 | -229 | 4 | 30 | 3 | -38 | 36 | 16 | 12 | -22 | 8 | -15 | -5 | -23 | -1 | -901 |
Financing Cash Flow | 147 | 730 | -171 | 644 | -485 | -408 | -109 | -795 | -1,469 | 84 | 807 | 637 | 229 | 523 | 414 | 401 | -979 | -635 | 226 | -446 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Cash Flow | -94 | -2,577 | -343 | 2,029 | 120 | -1,187 | 1,247 | 1,499 | -262 | 191 | -1,523 | 1,652 | -11 | -192 | -775 | 377 | -770 | 1,120 | -1,443 | 1,418 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | -118 | -850 | -182 | 1,455 | 710 | -699 | -1,755 | -671 | -1,160 | -1,475 | -5,538 | -1,393 | -871 | -1,611 | -3,050 | -1,484 | -478 | 941 | -2,555 | 964 |
Free Cash Flow Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow Margin | -1.57% | -7.64% | -3.00% | 22.15% | 11.64% | -10.30% | -32.61% | -10.24% | -21.19% | -23.94% | -95.55% | -22.80% | -15.99% | -21.30% | -41.59% | -24.52% | -8.75% | 16.83% | -46.19% | 21.88% |
Free Cash Flow Per Share | -0.33 | -2.40 | -0.58 | 4.65 | 2.26 | -2.23 | -5.59 | -2.14 | -3.67 | -4.64 | -17.25 | -4.31 | -2.68 | -4.91 | -9.19 | -4.52 | -1.46 | 2.87 | - | - |
Levered Free Cash Flow | -1,405 | -6,058 | 2.75 | 863.88 | 662.63 | -241.88 | 1,803 | 1,320 | 895.25 | 206.5 | -1,788 | 133.88 | 480 | -469.63 | -763 | 417.5 | 611.25 | 1,273 | -1,593 | 1,508 |
Unlevered Free Cash Flow | -1,228 | -5,900 | 73.38 | 947.63 | 736.38 | -150.63 | 1,859 | 1,412 | 984 | 285.88 | -1,701 | 185.13 | 544.38 | -402.75 | -723 | 464.38 | 646.25 | 1,308 | -1,548 | 1,557 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash Interest Paid | - | - | 412 | - | - | - | 375 | - | - | - | 264 | - | - | - | 230 | - | - | - | 275 | - |
Cash Income Tax Paid | - | - | 446 | - | - | - | 436 | - | - | - | 466 | - | - | - | 287 | - | - | - | 426 | - |
Change in Working Capital | -851 | -1,591 | -379 | 224 | 393 | -1,191 | -2,272 | -1,481 | -1,737 | -1,843 | -4,461 | -2,279 | -1,407 | -1,727 | -3,486 | -1,988 | -876 | 339 | -3,417 | 258 |