A fixed rule set over this filing's XBRL figures and the number of high-severity risks found in it — no model judgement.
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AI Takeaway
Exelon Corporation reported second quarter 2026 total operating revenues of $5,967M, up 10.0% year-over-year, driving net income attributable to common shareholders of $396M ($0.39 per diluted share).
Exelon reported 2026-Q2 revenue of $5,967M (+10.0% YoY) and net income of $396M (+1.3% YoY), backed by strong operating cash flows of $3,669M for 2026 YTD.
Last 4 quarters: 3 beats, 1 miss
Reported EPS of $0.43 versus the $0.44 analyst consensus — a -2.7% miss for Jun 2026.
Total operating revenues for 2026-Q2 reached $5,967M compared to $5,427M in 2025-Q2, a 10.0% increase primarily driven by electric operating revenues expanding from $5,365M to $5,710M.
Source: 10-Q Item 2 MD&A, p.10
Operating income rose 5.6% year-over-year to $979M for 2026-Q2 from $927M in 2025-Q2, as top-line gains offset higher operating expenses of $4,988M (up from $4,502M).
Source: 10-Q Item 2 MD&A, p.10
Net cash provided by operating activities reached $3,669M for the six months ended June 30, 2026, up 35.3% from $2,711M in the prior year period, supported by favorable working capital changes.
Source: 10-Q Item 2 MD&A, p.11
Capital expenditures increased to $4,558M for the first six months of 2026 compared to $3,959M in the prior year period, reflecting ongoing capital investments across utility operating subsidiaries.
Source: 10-Q Item 2 MD&A, p.11
Exelon's long-term debt reached $50,313M as of June 30, 2026, up from $47,413M at year-end 2025. This significant leverage led to $568M in net interest expense during 2026-Q2 and exposes the company to refinancing and interest rate risks.
Source: 10-Q Balance Sheet, p.13
As a regulated utility holding company, Exelon's earnings rely on favorable outcomes in regulatory proceedings and rate cases across its state jurisdictions. Alternative revenue programs were $(70)M in 2026-Q2, highlighting regulatory adjustments.
Source: 10-Q Income Statement, p.10
Purchased power costs increased 17.7% to $2,132M in 2026-Q2 from $1,811M in 2025-Q2. Fluctuation in power procurement costs can impact operating profitability if cost-recovery mechanisms experience regulatory lags.
Source: 10-Q Income Statement, p.10
This analysis does not extract a guidance section. Companies issue revenue and EPS outlook in the 8-K press release and on the earnings call rather than in the 10-Q itself — though the filing's management discussion can contain forward-looking statements, which appear in the highlights above where they were material.
Exelon (EXC) is next expected to report on , when the following quarter's results and any updated outlook will be available.
See the EXC earnings preview — expected date, analyst estimates and what to watch →
Exelon reported total operating revenues of $5,967M for 2026-Q2, representing a 10.0% increase compared to $5,427M in 2025-Q2. Growth was primarily driven by electric operating revenues, which rose from $5,365M to $5,710M.
Exelon generated net income attributable to common shareholders of $396M in 2026-Q2, up from $391M in 2025-Q2. Diluted earnings per share (EPS) remained unchanged at $0.39 per share for the quarter.
For the six months ended June 30, 2026, Exelon invested $4,558M in capital expenditures, up from $3,959M in the prior year period. These investments support grid reliability and infrastructure modernizations across its utility operating subsidiaries.
Exelon generated $3,669M in operating cash flow during the first six months of 2026, an increase of 35.3% YoY. Cash, restricted cash, and cash equivalents totaled $2,430M at the end of 2026-Q2.
Exelon (EXC) is next expected to report earnings on Nov 2, 2026. The date comes from the analyst earnings calendar and can shift until the company confirms it.
Expected release date, analyst estimates & what to watch
Exelon (EXC) delivered solid Q1 2026 results with revenue rising 7.9% YoY to $7.24B and operating cash flow surging 43.7% to $1.72B, though EPS remained flat at $0.90 and leverage remains elevated with a debt-to-equity ratio above 3.0x.
Exelon (EXC) delivered solid FY2025 results with revenue growing 5.3% to $24.3B and operating income surging 19.2% to $5.1B, reflecting improved operating efficiency and continued infrastructure investment.
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