Constellation Energy Q1 FY26 net income rises to USD 1.59 billion; revenue climbs 63.8% to USD 11.12 billion

Constellation Energy Corporation

Constellation Energy Corporation

CEG

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  • Constellation Energy posted net income attributable to common shareholders of USD 1.59 billion for quarter ended March 31, 2026, swinging from USD 118 million a year earlier.
  • Operating revenue rose 63.8% to USD 11.12 billion, while operating income climbed to USD 2.33 billion from USD 451 million.
  • Purchased power and fuel expense increased 44.9% to USD 6.35 billion, while operating and maintenance costs rose to USD 1.78 billion from USD 1.55 billion.
  • Adjusted operating earnings increased to USD 972 million from USD 673 million.
  • Results reflected addition of Calpine operations acquired in January 2026, including purchase accounting, with the company also agreeing in March to sell five PJM gas plants to LS Power for USD 5 billion to meet merger commitments.


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