Constellation Energy (CEG) Operating Income (2021 - 2026)
Constellation Energy's Operating Income was $2.49 billion in Q3 2026, up 129.5% from $1.09 billion a year earlier and up 329.7% from the prior quarter.
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Analysis
Constellation Energy (CEG) Operating Income (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Constellation Energy's Operating Income was $6 billion through Sep 30, 2026, up 73.5% year-over-year; for FY2025, it was $3.09 billion, down 29.1% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 64.5% (FY2020 to FY2025).
- In earlier years, Operating Income was $4.35 billion in FY2024 (+170.3%), $1.61 billion in FY2023 (+225.3%), $495 million in FY2022 and -$346 million in FY2021.
- The Q3 2026 figure marks the highest quarterly Operating Income in data going back to Q1 2021.
- Compared with a year earlier, Operating Income was higher in two of the last seven quarters, with growth averaging 55.0%.
- The best year-over-year quarter for Operating Income over five years was Q1 2026 (growth of 417.1%); the worst was Q1 2023 (a decline of 92.9%).
- Per Business Quant data, CEG's Operating Income in the three quarters before Q3 2026 was $580 million (Q2 2026), $2.33 billion (Q1 2026) and $598 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 2.49 Bn |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - | 1.71 Bn |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn | 1.95 Bn |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn | 1.08 Bn |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - | 255.00 Mn |
| 6 | Enlight Renewable Energy | 8.73 Bn | 5.30 Bn | 124.81 Mn | 91.17 Mn |
| 7 | Brookfield Renewable Partners | 7.94 Bn | -20.71 Bn | 23.00 Mn | 23.00 Mn |
| 8 | Clearway Energy | 7.36 Bn | 9.95 Bn | - | 135.00 Mn |
| 9 | Ormat Technologies | 5.56 Bn | 4.03 Bn | 77.38 Mn | 45.25 Mn |
| 10 | Oklo | 4.67 Bn | -3.73 Bn | 772,000.00 | -71.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.49 Bn |
| Jun 30, 2026 | 580.00 Mn |
| Mar 31, 2026 | 2.33 Bn |
| Dec 31, 2025 | 598.00 Mn |
| Sep 30, 2025 | 1.09 Bn |
| Jun 30, 2025 | 951.00 Mn |
| Mar 31, 2025 | 451.00 Mn |
| Dec 31, 2024 | 972.00 Mn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 813.00 Mn |
| Dec 31, 2023 | -67.00 Mn |
| Sep 30, 2023 | 977.00 Mn |
| Jun 30, 2023 | 669.00 Mn |
| Mar 31, 2023 | 31.00 Mn |
| Dec 31, 2022 | -172.00 Mn |
| Sep 30, 2022 | -41.00 Mn |
| Jun 30, 2022 | 272.00 Mn |
| Mar 31, 2022 | 435.00 Mn |
| Dec 31, 2021 | -2.00 Mn |
API Access
Constellation Energy Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=CEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "CEG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();