Filing Flows › Exelon (EXC) › Q1 2025
Exelon (EXC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Exelon (EXC) reported revenue of $6.7B for the first quarter 2025 (Q1 2025), +11% from a year earlier and +23% from the quarter before. Operating margin was 22.9%, net earnings $908M (13.5% of revenue).
Exelon, Q1 2025: revenue $6.7B (+11% year over year), operating margin 22.9%, net earnings $908M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.7B | +23% | +11% |
| Operating profit | $1.5B | +40% | +38% |
| Net earnings | $908M | +40% | +38% |
| Operating cash flow | $1.2B | -16% | +21% |
What changed
Revenue was $6.7B in Q1 2025, up 11% year over year and up 23% from the previous quarter.
Operating profit was $1.5B, a 22.9% margin (up 4.4 points year over year). Of the extra revenue versus a year earlier, 63% reached operating profit, above the 18% margin then. Total costs grew 5% against revenue growth of 11%. Net earnings were $0.91B, up 38% year over year. The effective tax rate was 15.8%.
Operating cash flow was $1.2B (up 21% year over year), 132% of net earnings. Non-cash charges added back $0.91B of depreciation and amortization. Working capital and other items used $0.61B. Capital expenditures of $1.9B exceeded it, leaving free cash flow of −$0.75B.
Questions
What was Exelon's revenue in the first quarter 2025?
Exelon (EXC) reported revenue of $6.7B for the first quarter 2025 (Q1 2025), +11% from a year earlier and +23% from the quarter before.
Was Exelon profitable in the first quarter 2025?
Operating profit was $1.5B (22.9% of revenue) and net earnings $908M.
Source: Exelon 10-Q on SEC EDGAR.