The financials
Constellation Energy by the numbers
Constellation Energy (CEG) reported revenue of $7.50B in Q2 2026 (quarter ended June 30, 2026), up 23% from the same quarter a year earlier. That came with net income of $513M (6.8% of revenue). For the full year FY2025, revenue was $25.5B (+8.3% year on year) and net income $2.32B. Its largest segment in 2026-Q2 was Constellation Calpine at $2.15B, 30% of the disclosed total, just ahead of Constellation Midwest at 22%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $7.50B | $6.10B | +23% |
| Operating income | $580M | $951M | −39% |
| Net income | $513M | $839M | −39% |
| Diluted EPS | $1.42 | $2.67 | −47% |
| Operating | Revenue | Share |
|---|---|---|
| Constellation Calpine | $2.15B | 30% |
| Constellation Midwest | $1.57B | 22% |
| Constellation Mid Atlantic | $1.55B | 21% |
| Constellation Other Regions | $964M | 13% |
| Constellation New York | $564M | 7.8% |
| Constellation ERCOT | $446M | 6.2% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $7.24B (-14%)
Constellation Mid Atlantic grew +7.4% year on yearConstellation Other Regions -18% year on year
Segment Latestquarter on quarteryear on year
- Constellation Calpine$2.15B$2.15BQoQ -year on year ---
- Constellation Midwest$1.57B$1.57BQoQ -9.5%year on year +2.9%-9.5%+2.9%
- Constellation Mid Atlantic$1.55B$1.55BQoQ -16%year on year +7.4%-16%+7.4%
- Constellation Other Regions$964.0M$964.0MQoQ -35%year on year -18%-35%-18%
- Constellation New York$564.0M$564.0MQoQ -0.88%year on year +5.4%-0.88%+5.4%
- Constellation ERCOT$446.0M$446.0MQoQ +21%year on year -3.9%+21%-3.9%
- Calpine--QoQ -year on year ---