Exelon Corp (EXC) Financial Statements
Industry: Electric & Other Services Combined
In fiscal 2025, Exelon reported revenue of $24.26B, up 5.3% from $23.03B the year before. Net income was $2.77B (a 11.4% net margin), or $2.74 per diluted share. Gross margin was 21.2% and operating margin was 21.2%. Operating activities generated $6.25B of cash, leaving -$2.27B of free cash flow. At fiscal year end, Exelon held $116.57B in total assets against $87.77B in total liabilities, including $626.0M of cash and equivalents.
Open the full interactive Exelon financials → Quarterly statements, key ratios, valuation history and price charts.
Exelon Key Stats
| Share Price | $42.34 |
|---|---|
| Market Cap | $43.53B |
| P/E Ratio | 15.5 |
| Revenue YoY Growth | +5.3% |
| 52-Week Range | $40.20 – $49.35 |
| Shares Outstanding | 1.02 billion (basic, 2026 Q2) |
Exelon Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $33.04B | $36.35B | $19.08B | $21.73B | $23.03B | $24.26B |
| Cost of Goods Sold | — | — | — | — | $18.72B | $19.11B |
| Gross Profit | — | — | — | — | $4.31B | $5.14B |
| Operating Income | $2.82B | $2.72B | $3.31B | $4.02B | $4.32B | $5.15B |
| Pre-Tax Income | $2.33B | $2.21B | $2.40B | $2.70B | $2.67B | $3.29B |
| Income Tax | $373.0M | $370.0M | $349.0M | $374.0M | $207.0M | $523.0M |
| Net Income | $1.96B | $1.71B | $2.17B | $2.33B | $2.46B | $2.77B |
| Diluted EPS | $2.01 | $1.74 | $2.20 | $2.34 | $2.45 | $2.74 |
Exelon Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.71B | $5.41B | $7.24B | $5.97B |
| Net Income | $875.0M | $594.0M | $919.0M | $396.0M |
| Diluted EPS | $0.86 | $0.59 | $0.90 | $0.39 |
Exelon Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $663.0M | $1.18B | $407.0M | $445.0M | $357.0M | $626.0M |
| Current Assets | $12.56B | $13.96B | $7.34B | $7.78B | $8.38B | $9.55B |
| Total Assets | $129.32B | $133.01B | $95.35B | $101.55B | $107.78B | $116.57B |
| Current Liabilities | $12.77B | $16.11B | $10.61B | $9.59B | $9.61B | $10.33B |
| Total Long-Term Debt | $36.91B | $38.70B | $37.07B | $41.28B | $44.67B | $49.43B |
| Total Liabilities | $94.45B | $98.22B | $70.61B | $75.79B | $80.86B | $87.77B |
| Shareholders' Equity | $32.59B | $34.39B | $24.74B | $25.75B | $26.92B | $28.80B |
Exelon Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $4.24B | $3.01B | $4.87B | $4.70B | $5.57B | $6.25B |
| Cash From Investing | -$4.34B | -$3.32B | -$6.99B | -$7.38B | -$7.04B | -$8.53B |
| Cash From Financing | $145.0M | $758.0M | $1.59B | $2.68B | $1.31B | $2.53B |
| Free Cash Flow | -$3.81B | -$4.97B | -$2.28B | -$2.71B | -$1.53B | -$2.27B |
Figures from Exelon's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Exelon financials page for every line item.
Exelon Company Profile
| Ticker | EXC |
|---|---|
| Exchange | Nasdaq |
| Industry | Electric & Other Services Combined |
| Headquarters | Chicago, Illinois |
| Incorporated in | Pennsylvania |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001109357 |
Frequently Asked Questions
What was Exelon's revenue in fiscal 2025?
Exelon (EXC) reported revenue of $24.26B for fiscal 2025.
What is Exelon's annual revenue history?
Exelon's annual revenue by fiscal year: 2020: $33.04B; 2021: $36.35B; 2022: $19.08B; 2023: $21.73B; 2024: $23.03B; 2025: $24.26B.
What was Exelon's net income in fiscal 2025?
Exelon reported net income of $2.77B for fiscal 2025.
What was Exelon's earnings per share (EPS) in fiscal 2025?
Exelon's diluted EPS was $2.74 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Exelon generate in fiscal 2025?
Exelon generated -$2.27B of free cash flow in fiscal 2025.
What was Exelon's revenue last quarter?
In its most recent reported quarter (2026 Q2), Exelon reported revenue of $5.97B.
How much debt does Exelon have?
Exelon reported $49.43B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Exelon are outstanding?
Exelon reported a weighted average of 1.02 billion basic shares outstanding in 2026 Q2.
What is Exelon's market cap?
Based on its latest closing price, Exelon (EXC) has a market capitalization of about $43.53B.
When does Exelon's fiscal year end?
Exelon's fiscal year end, as registered with the SEC, is December 31.
Where is Exelon headquartered?
Exelon lists its business address in Chicago, Illinois in its SEC filings.