Historical source-based research. Compilation date and financial period are different dates.
Executive summary
Annual revenue of USD 22.663 billion and net income of USD 2.319 billion for the period ended 2025-12-31. This is a structured data brief from filed financial statements, not an independently audited investment opinion.
Business and industry context
Constellation Energy Corp is an SEC-reporting issuer listed on NASDAQ under CEG. Its SEC industry description is Electric Services. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications. Regulated networks and generation businesses have different exposure to tariffs, commodity costs and investment cycles.
Financial evidence
The selected fiscal period runs from 2025-01-01 to 2025-12-31. Revenue was USD 22.663 billion; operating income was USD 3.086 billion; diluted EPS was USD 7.40 per share. Prior-period revenue was USD 18.964 billion. The reported revenue change was 19.51%. Comparisons are not adjusted for acquisitions, disposals, foreign exchange or fiscal-week differences.
Profitability and cash generation
Net margin, calculated as net income divided by revenue, was 10.23%. Operating cash flow was USD 4.237 billion; capital expenditure was USD 2.949 billion. Free cash flow (operating cash flow less purchases of property, plant and equipment) was USD 1.288 billion. Missing standard tags are not interpreted as zero. These measures may not be directly comparable between business models.
Balance-sheet context
Total assets were USD 57.249 billion, total liabilities USD 42.396 billion and reported shareholder equity USD 14.517 billion at the period end. Total liabilities include operating obligations and are not a measure of interest-bearing debt.
Valuation context
Company profiles show eligible dated valuation ratios using the September 17, 2026 price snapshot and selected annual accounting denominators. Capitalization-based measures use estimates and are identified as such. These are not live, TTM or forward values. A historical-multiple series and EV/EBITDA are not available. Sector medians describe a selected sample; they do not establish fair value or expected returns.
Risks and uncertainties
Rate decisions, financing costs, weather, asset reliability and large construction projects. Standardized XBRL can omit custom-tag disclosures. Annual data cannot establish the direction of the latest quarter.
What to monitor
Capital expenditure, allowed returns, financing needs and operating cash flow. Read subsequent quarterly filings, footnotes and accounting-policy changes before interpreting these historical observations.
Methodology note
Source snapshots were collected on September 18, 2026. Values preserve reported currency and periods. This brief was compiled on September 26, 2026; the publication date is not a new source retrieval date.
Sources & dates
- SEC annual filing · 2025-12-31 ↗Source date 2026-02-24
- SEC annual filing · 2024-12-31 ↗Source date 2026-02-24
- SEC annual filing · 2023-12-31 ↗Source date 2026-02-24
- SEC annual filing · 2022-12-31 ↗Source date 2025-02-18
- SEC issuer record ↗Source date 2026-09-18