Excelerate Energy 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	1,228	851.44	1,159	2,473	888.56
Revenue Growth (YoY)	44.26%	-26.53%	-53.13%	178.31%	106.24%
Fuel and Purchased Power Expense	537.83	227.75	518.39	1,907	390.52
Operations and Maintenance Expenses	183.71	215.61	228.17	209.2	192.72
Gross Profit	506.73	408.08	412.4	357	305.31
Depreciation & Amortization Expenses	111.32	98.94	114.32	97.31	104.91
Other Operating Expenses	128.72	94.15	87.48	73	61.06
Operating Income	266.69	215	210.61	186.69	139.34
Interest Income	2.34	2.25	0.88	2.7	3.26
Interest Expense	-94.14	-61.02	-67	-59.54	-80.81
Other Non-Operating Income (Expense)	20.02	22.91	15.6	-21.52	0.56
Total Non-Operating Income (Expense)	-71.78	-35.86	-50.51	-78.36	-76.99
Pretax Income	194.91	179.13	160.09	108.32	62.36
Provision for Income Taxes	27.89	26.1	33.25	28.33	21.17
Net Income	39.2	32.88	30.41	13.32	-5.93
Minority Interest in Earnings	127.82	120.16	96.43	69.47	47.12
Net Income to Common	39.2	32.88	30.41	13.32	-5.93
Net Income Growth	19.23%	8.11%	128.27%	-	-
Shares Outstanding (Basic)	30	25	26	26	-
Shares Outstanding (Diluted)	31	26	108	26	-
Shares Change (YoY)	18.49%	-76.14%	314.57%	-	-
EPS (Basic)	1.31	1.29	1.16	0.51	-
EPS (Diluted)	1.28	1.27	1.11	0.51	-
EPS Growth	0.79%	14.41%	117.65%	-	-
Shares Outstanding	32.03	23.87	26.26	26.25	-
Free Cash Flow	298.23	131.18	-80.85	105.82	105.52
Free Cash Flow Growth	127.34%	-	-	0.29%	55.85%
Free Cash Flow Per Share	9.74	5.08	-0.75	4.05	-
Dividends Per Share	0.300	0.170	0.100	0.075	-
Dividend Growth	76.47%	70.00%	33.33%	-	-
Gross Margin	41.26%	47.93%	35.58%	14.44%	34.36%
Operating Margin	21.71%	25.25%	18.17%	7.55%	15.68%
Profit Margin	13.60%	17.97%	10.94%	3.23%	4.64%
FCF Margin	24.28%	15.41%	-6.98%	4.28%	11.88%
EBITDA	393.43	315.94	339.59	315.7	267.75
EBITDA Margin	32.03%	37.11%	29.30%	12.77%	30.13%
EBIT	266.69	215	210.61	186.69	139.34
EBIT Margin	21.71%	25.25%	18.17%	7.55%	15.68%
Effective Tax Rate	14.31%	14.57%	20.77%	26.15%	33.95%

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

SEC Filings: 10-K · 10-Q