ExelonEXCEarnings & Financial Report
Exelon Corporation is an American public utility headquartered in Chicago, and incorporated in Pennsylvania. Exelon is the largest electric parent company in the United States by revenue and is the largest regulated electric utility in the United States with approximately 10 million customers. The company is ranked 187th on the Fortune 500.
Revenue
$6.7B
Gross Profit
N/A
Operating Profit
$1.5B
Net Profit
$875.0M
Gross Margin
N/A
Operating Margin
22.4%
Net Margin
13.0%
YoY Growth
9.0%
EPS
$0.86
Exelon Q3 FY2025 Financial Summary
Exelon reported revenue of $6.7B (up 9.0% YoY) for Q3 FY2025, with a net profit of $875.0M (up 23.8% YoY) (13.0% margin).
Key Financial Metrics
| Total Revenue | $6.7B |
|---|---|
| Net Profit | $875.0M |
| Gross Margin | N/A |
| Operating Margin | 22.4% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Exelon Q3 FY2025 revenue of $6.7B breaks down across 10 segments, led by Pepco Holdings LLC at $2.1B (30.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Pepco Holdings LLC | $2.1B | 30.6% |
| Baltimore Gas And Electric Company | $1.2B | 18.0% |
| Peco Energy Co | $1.2B | 17.6% |
| Potomac Electric Power Company | $992.0M | 14.8% |
| Atlantic City Electric Company | $570.0M | 8.5% |
| Delmarva Powerand Light Company | $491.0M | 7.3% |
| Natural Gas Us Regulated | $235.0M | 3.5% |
| Other Regulated Revenue | $195.0M | 2.9% |
| Service Other | $3.0M | 0.0% |
| Related Party | $2.0M | 0.0% |
Exelon Revenue by Segment — Quarterly Trend
Exelon revenue by segment across the last 4 reported quarters, showing how each business line (such as Pepco Holdings LLC and Baltimore Gas And Electric Company) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Pepco Holdings LLC | — | $1.7B | $2.1B | — |
| Baltimore Gas And Electric Company | — | — | $1.2B | — |
| Peco Energy Co | — | $1.2B | $1.2B | — |
| Potomac Electric Power Company | — | $827.0M | $992.0M | — |
| Atlantic City Electric Company | — | $391.0M | $570.0M | — |
Exelon Annual Revenue by Year
Exelon annual revenue history includes year-by-year totals (for example, 2025 revenue was $24.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $24.3B |
| 2024 | $23.0B |
Exelon Quarterly Revenue & Net Profit History
Exelon results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $5.4B | -19.4% | N/A | N/A |
| Q4 FY2025 | $5.4B | -1.1% | $594.0M | 11.0% |
| Q3 FY2025 | $6.7B | +9.0% | $875.0M | 13.0% |
| Q2 FY2025 | $5.4B | +1.2% | $391.0M | 7.2% |
| Q1 FY2025 | $6.7B | +11.1% | $908.0M | 13.5% |
| Q4 FY2024 | $5.5B | +1.9% | $647.0M | 11.8% |
| Q3 FY2024 | $6.2B | +2.9% | $707.0M | 11.5% |
| Q2 FY2024 | $5.4B | +11.3% | $448.0M | 8.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.36B | $6.15B | $5.47B | $6.71B | $5.43B | $6.71B | $5.41B | $5.41B |
| YoY Growth | 11.3% | 2.9% | 1.9% | 11.1% | 1.2% | 9.0% | -1.1% | -19.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $105.11B | $106.07B | $107.78B | $109.48B | $111.15B | $113.54B | $116.57B | $116.57B |
| Liabilities | $78.96B | $79.45B | $80.86B | $81.88B | $83.53B | $85.43B | $87.77B | $87.77B |
| Equity | $26.15B | $26.62B | $26.92B | $27.61B | $27.62B | $28.11B | $28.80B | $28.80B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $1.46B | $1.69B | $1.43B | $1.20B | $1.51B | $2.30B | $1.24B |