Exelon Q4 adjusted EPS $0.59 vs $0.64 a year ago; 2026 outlook $2.81-$2.91 per share
Exelon reported fourth-quarter 2025 adjusted operating earnings of $0.59 per share, down from $0.64 a year earlier, while full-year 2025 adjusted earnings rose to $2.77 per share from $2.50. The company initiated 2026 adjusted earnings guidance of $2.81 to $2.91 per share and updated its four-year plan to include $3.4 billion of equity to fund $41.3 billion of capital expenditures.
Key points
- Q4 2025 GAAP net income was $0.58 per share, down from $0.64; Q4 operating revenue was $5.41 billion, down from $5.47 billion.
- Full-year 2025 operating revenue was $24.26 billion, up from $23.03 billion, and GAAP net income was $2.73 per share, up from $2.45.
- 2026 adjusted operating earnings guidance is $2.81 to $2.91 per share, which the company describes as over 6% growth from its 2025 guidance.
- The board declared a quarterly dividend of $0.42 per share, payable March 13, 2026, to holders of record on March 2, 2026.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.