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Exelon (EXC) operating margin by quarter

Exelon's operating margin was 22.2% in Q1 2026 (first quarter 2026), +0.3 pts from Q4 2025. Over the last 6 quarters it ranged from 17.1% (Q2 2025) to 22.9% (Q1 2025).

Exelon operating margin by quarterExelon operating margin by quarter20.1%Q4 202422.9%Q1 202517.1%Q2 202522.4%Q3 202521.9%Q4 202522.2%Q1 2026
QuarterOperating marginQ/QY/Y
Q1 202622.2%+0.3 pts-0.7 pts
Q4 202521.9%-0.5 pts+1.8 pts
Q3 202522.4%+5.3 pts—
Q2 202517.1%-5.8 pts—
Q1 202522.9%+2.8 pts—
Q4 202420.1%——

Q1 2026 at a glance

Exelon, Q1 2026: revenue $7.2B (+8% year over year), operating margin 22.2%, net earnings $919M, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.

Questions

What is Exelon's operating margin?

Exelon's operating margin was 22.2% in Q1 2026 (first quarter 2026), +0.3 pts from Q4 2025.

How has Exelon's operating margin changed?

Over the last 6 quarters it ranged from 17.1% (Q2 2025) to 22.9% (Q1 2025).

Q1 2026 results → · How Exelon makes money →