CEG · 8-K · 20261109PR000116

Operating Income and Margins

Constellation Energy Corp · 2026-11-09 · Importance 69 · Surprise 64

Third-quarter operating income rose to $2.492 billion in 2026 from $1.086 billion in 2025, an increase of approximately 129%. Operating margin increased to approximately 26.1% of revenue from 16.5%. For the first nine months, operating income was $5.404 billion, compared with $2.488 billion, while operating margin was approximately 19.2% versus 12.8%. The release cites favorable market and portfolio conditions and the addition of Calpine as factors supporting adjusted earnings.