Exelon Corporation (EXC) Financial Statements

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Exelon financial statements at a glance

Exelon reported revenue of $24.26 billion for fiscal year 2025 (ended December 31, 2025), up 5.3% from fiscal year 2024. Net income was $2.77 billion, a net margin of 11.4%.

At the end of fiscal year 2025 it had total assets of $116.57 billion, total liabilities of $87.77 billion and shareholders' equity of $28.80 billion, with total debt of $50.08 billion.

Its operations brought in $6.25 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Exelon Corporation

EXCUnited States
Utilities
USD (Local)

Income Statement

Annual • USD

Revenue
24.26B
Prev Year: 23.03B
YoY: +5.3%
Total Revenue
-
Cost of Revenue
8.67B
Prev Year: 8.68B
YoY: -0.2%
Operations & Maintenance
5.17B
Prev Year: 4.94B
YoY: +4.7%
Gross Profit
-
Depreciation/Amortization
3.64B
Prev Year: 3.59B
YoY: +1.3%
Operating Expense
-
Other Operating Expenses, Total
1.63B
Prev Year: 1.50B
YoY: +8.5%
Operating Expenses
19.11B
Prev Year: 18.71B
YoY: +2.1%
Net Non Operating Interest Income Expense
-
Operating Income
5.15B
Prev Year: 4.32B
YoY: +19.2%
Other Income Expense
-
Interest Inc.(Exp.),Net-Non-Op., Total
-2.13B
Prev Year: -1.91B
YoY: -11.1%
Pre-tax Income
-
Other, Net
270.00M
Prev Year: 262.00M
YoY: +3.1%
Net Income Before Taxes
3.29B
Prev Year: 2.67B
YoY: +23.4%
Net Income Common Stockholders
-
Provision for Income Taxes
523.00M
Prev Year: 207.00M
YoY: +152.7%
Diluted NI Available to Com Stockholders
-
Net Income After Taxes
2.77B
Prev Year: 2.46B
YoY: +12.5%
Total Operating Income as Reported
-
Net Income Before Extra. Items
2.77B
Prev Year: 2.46B
YoY: +12.5%
Total Expenses
-
Net Income
2.77B
Prev Year: 2.46B
YoY: +12.5%
Total Extraordinary Items
-
Net Income from Continuing and Discontinued Operation
-
Income Available to Com Excl ExtraOrd
2.77B
Prev Year: 2.46B
YoY: +12.5%
Normalized Income
-
Income Available to Com Incl ExtraOrd
2.77B
Prev Year: 2.46B
YoY: +12.5%
Interest Expense
-
Diluted Net Income
2.77B
Prev Year: 2.46B
YoY: +12.5%
Net Interest Income
-
Diluted Weighted Average Shares
1.01B
Prev Year: 1.00B
YoY: +0.9%
EBIT
-
Diluted EPS Excluding ExtraOrd Items
2.735
Prev Year: 2.453
YoY: +11.5%
EBITDA
-
DPS - Common Stock Primary Issue
1.62
Prev Year: 1.54
YoY: +5.2%
Reconciled Cost of Revenue
-
Diluted Normalized EPS
2.758
Prev Year: 2.454
YoY: +12.4%
Reconciled Depreciation
-
Unusual Expense (Income)
-3.00M
Prev Year: -12.00M
YoY: +75.0%
Net Income from Continuing Operation Net Minority Interest
-
Values in USD

Exelon key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$24.3B$23.0B$21.7B$19.1B$17.9B
Gross profit––––$7.0B
Operating income$5.1B$4.3B$4.0B$3.3B$2.7B
Net income$2.8B$2.5B$2.3B$2.2B$1.7B
Diluted EPS––––$1.74
Total assets$116.6B$107.8B$101.9B$95.3B$133.0B
Total liabilities$87.8B$80.9B$76.1B$70.6B$98.2B
Shareholders' equity$28.8B$26.9B$25.8B$24.7B$34.4B
Cash––––$672.0M
Total debt$50.1B$46.6B$44.0B$40.1B$34.5B
Operating cash flow$6.3B$5.6B$4.7B$4.9B$3.0B
Capital spending––––$8.0B
Free cash flow––––-$5.0B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Exelon's revenue in fiscal year 2025?

$24.26 billion, up 5.3% from $23.03 billion in fiscal year 2024.

How much profit does Exelon make?

Exelon reported net income of $2.77 billion for fiscal year 2025 (11.4% of revenue); operating income was $5.15 billion.

How much cash and debt does Exelon have?

At the end of fiscal year 2025: total debt of $50.08 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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