Filing Flows › Constellation Energy (CEG) › How it makes money
How Constellation Energy (CEG) makes money
Constellation Energy (CEG) made $7.5B of revenue in the second quarter 2026 (Q2 2026), +23% from a year earlier. Total Power revenues brought in $5.4B (71%); Other revenues brought in $1.7B (22%); Gas revenues brought in $327M (4%). Of every dollar of revenue, 8¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Total Power revenues | $5.4B | 71.4% | -17% | +13% |
| Other revenues | $1.7B | 22.1% | -54% | +77% |
| Gas revenues | $327M | 4.4% | -65% | +2% |
| Other revenues | $161M | 2.1% | +11% | +79% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $7.5B | 100.0% |
| Operating profit | $580M | 7.7% |
| Income tax | $398M | 5.3% |
| Net earnings | $513M | 6.8% |
| Operating cash flow | $1.1B | 15.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $7.5B | +23% |
| Q1 2026 | $11.1B | +64% |
| Q4 2025 | $6.1B | +13% |
| Q3 2025 | $6.6B | +0.3% |
| Q2 2025 | $6.1B | +11% |
| Q1 2025 | $6.8B | +10% |
| Q4 2024 | $5.4B | -7% |
From Constellation Energy's 10-Q filed Aug 6, 2026 (on EDGAR).
Questions
How does Constellation Energy make money?
Constellation Energy (CEG) made $7.5B of revenue in the second quarter 2026 (Q2 2026), +23% from a year earlier. Total Power revenues brought in $5.4B (71%); Other revenues brought in $1.7B (22%); Gas revenues brought in $327M (4%). Of every dollar of revenue, 8¢ was left as operating profit, 7¢ was left as net earnings.
What is Constellation Energy's biggest business?
Total Power revenues: $5.4B in the second quarter 2026, 71% of revenue, +13% from a year earlier.
What is Constellation Energy's profit margin?
Net earnings were $513M, 6.8% of revenue, in the second quarter 2026; the operating margin was 7.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.