Exelon Corporation (EXC) Revenue by Segment

Exelon revenue by segment at a glance

In Q1 fiscal 2022 (the quarter ended March 31, 2022), Exelon's largest business segment was Commonwealth Edison Co, with $1.73 billion or 33% of revenue. Next: Baltimore Gas and Electric Company (22%), PECO Energy Co (20%) and Potomac Electric Power Company (12%).

By product or service, Electricity, US Regulated brought in 95% and Natural Gas, US Regulated brought in 5% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Baltimore Gas and Electric Company (+18.5%).

From company filings, in USD; latest quarter ended March 31, 2022; quarterly data from Q3 fiscal 2017.

Exelon Corporation

EXCUtilities

United States

Utilities

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Commonwealth Edison CoBaltimore Gas and Electric CompanyPECO Energy CoPepco Holdings LLCPotomac Electric Power CompanyGeneration Total Consolidated GroupExelon Generation Co LLCGeneration Mid AtlanticOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026 · calculated (full year minus the other periods)

Item	Revenue	Share	vs year before
Commonwealth Edison Cocalc	USD 1.99B	33.2%	+8.1%
Pepco Holdings LLCcalc	USD 1.71B	28.6%	–
Baltimore Gas and Electric Companycalc	USD 1.22B	20.4%	+18.4%
PECO Energy Cocalc	USD 1.06B	17.8%	+6.2%

Sum of items USD 5.98B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Commonwealth Edison Co	2.0B	1.9B	1.1B	2.3B	1.8B	2.1B	1.8B	2.2B	2.1B	2.1B	2.0B	2.3B	1.9B	1.7B	1.2B	1.4B	1.4B	1.7B	–	–	–	–	–	–	1.4B	1.4B	–	–	–	–	1.4B	1.5B	–	–
Baltimore Gas and Electric Company	1.2B	1.8B	1.4B	1.2B	1.0B	1.6B	1.2B	1.0B	928.0M	1.3B	1.0B	932.0M	797.0M	1.3B	1.1B	870.0M	786.0M	1.2B	915.0M	–	682.0M	974.0M	–	731.0M	616.0M	–	778.0M	–	–	–	799.0M	977.0M	–	–
PECO Energy Co	1.1B	1.5B	1.2B	1.2B	1.0B	1.3B	998.0M	1.0B	891.0M	1.1B	917.0M	1.0B	828.0M	1.1B	1.0B	1.0B	816.0M	1.0B	798.0M	–	–	889.0M	–	813.0M	–	813.0M	767.0M	–	–	–	762.0M	866.0M	–	715.0M
Pepco Holdings LLC	1.7B	–	–	2.1B	–	–	–	–	1.5B	–	–	–	–	1.5B	–	–	–	–	–	1.5B	–	–	–	1.4B	1.0B	1.2B	1.1B	–	–	–	–	1.3B	–	1.3B
Potomac Electric Power Company	–	989.0M	828.0M	–	776.0M	859.0M	719.0M	861.0M	–	759.0M	650.0M	822.0M	642.0M	–	612.0M	724.0M	581.0M	614.0M	538.0M	660.0M	523.0M	–	–	611.0M	494.0M	544.0M	512.0M	–	–	–	524.0M	–	–	–
Generation Total Consolidated Group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.8B	–	5.3B	–	–	–	4.8B
Exelon Generation Co LLC	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.5B	3.8B	4.4B	–	–	–	–	–	–	–	–
Generation Mid Atlantic	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.3B	1.4B	1.2B	1.3B	1.3B	1.4B	–	1.4B
Delmarva Power and Light Company	–	622.0M	511.0M	–	421.0M	548.0M	444.0M	462.0M	–	491.0M	415.0M	450.0M	349.0M	–	420.0M	412.0M	332.0M	431.0M	340.0M	360.0M	298.0M	382.0M	–	337.0M	–	350.0M	320.0M	–	–	–	331.0M	–	–	–
Generation Midwest	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.1B	985.0M	–	–	–	–	–	–	1.1B	1.1B	1.0B	1.1B	1.1B	1.3B	–	–
Atlantic City Electric Company	–	421.0M	390.0M	–	384.0M	373.0M	347.0M	540.0M	–	358.0M	350.0M	502.0M	317.0M	–	311.0M	462.0M	309.0M	349.0M	308.0M	451.0M	319.0M	310.0M	–	420.0M	–	–	274.0M	–	–	–	255.0M	–	–	–
Generation Other Regions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.0B	1.4B	–	–	–	–	993.0M	1.0B	861.0M	–	1.2B	1.1B	–	–
Generation Natural Gas	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	575.0M	507.0M	–	–	–	–	–	671.0M	299.0M	348.0M	894.0M	877.0M	955.0M	–	460.0M
Generation Reportable Segments Total	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.7B	–	–	–	–	–
Generation New York	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	402.0M	–	381.0M	337.0M	–	–	–	–	384.0M	–	390.0M	393.0M	418.0M	–	–	433.0M
Generation ERCOT	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	356.0M	275.0M	257.0M	–	–	–	–	203.0M	365.0M	–	–	203.0M	208.0M	–	308.0M
Corporate Segment and Other Operating - Corporate and other	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	455.0M	552.0M	–	–	–
Generation All Other	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	46.0M	–	–	–	–	–	–	159.0M	80.0M	–	–	–	243.0M
Generation New England	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	482.0M

Exelon revenue by business segment, last 4 quarters

Business segment	Q1 FY22	Q3 FY21	Q2 FY21	Q1 FY21	Share
Commonwealth Edison Co	$1.7B	–	–	–	33%
Baltimore Gas and Electric Company	$1.2B	–	$682.0M	$974.0M	22%
PECO Energy Co	$1.0B	–	–	$889.0M	20%
Potomac Electric Power Company	$614.0M	$660.0M	$523.0M	–	12%
Delmarva Power and Light Company	$431.0M	$360.0M	$298.0M	$382.0M	8%
Atlantic City Electric Company	$349.0M	$451.0M	$319.0M	$310.0M	7%

In USD, fiscal quarters as reported; share = part of Q1 FY22 revenue.

Exelon revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Electricity, US Regulated	$5.6B	$6.1B	$6.5B	$5.1B	95%
Natural Gas, US Regulated	$328.0M	$1.1B	$227.0M	$331.0M	5%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Exelon's business segments?

Commonwealth Edison Co, Baltimore Gas and Electric Company, PECO Energy Co, Potomac Electric Power Company, Delmarva Power and Light Company and Atlantic City Electric Company (as reported for Q1 fiscal 2022).

Which business segment makes the most money for Exelon?

Commonwealth Edison Co: $1.73 billion, or 33% of revenue, in Q1 fiscal 2022.

What are Exelon's main products and services?

By revenue in Q2 fiscal 2026: Electricity, US Regulated (95%) and Natural Gas, US Regulated (5%).

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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.