CEG · 10-Q · 2026Q3 · Full report
Supply Chain and Inventory
Constellation Energy Corp · 2026-11-09 · Importance 57 · Surprise 64 · From source text
Inventory, net increased to $3,386 million at September 30, 2026 from $1,736 million at December 31, 2025, a rise of approximately 95%. Materials and supplies increased to $2,280 million from $1,485 million. Natural gas, oil, and emissions allowances are also included in inventory; the filing provides no explanation of the increase or discussion of supply constraints or lead times.
Key facts
- Constellation's total inventory was $3,386 million as of September 30, 2026, compared with $1,736 million as of December 31, 2025.
- Constellation's materials and supplies inventory was $2,280 million as of September 30, 2026, compared with $1,485 million as of December 31, 2025.
- Constellation entered contracts to increase nuclear fuel inventory to mitigate potential longer-term security and cost-of-supply impacts from the Russia-Ukraine conflict.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +1.7% | Constellation's total inventory was $3,386 million as of September 30, 2026, compared with $1,736 million as of December 31, 2025. |