Filing Flows › Exelon (EXC) › Q2 2025
Exelon (EXC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Exelon (EXC) reported revenue of $5.4B for the second quarter 2025 (Q2 2025), +1% from a year earlier and -19% from the quarter before. Operating margin was 17.1%, net earnings $391M (7.2% of revenue).
Exelon, Q2 2025: revenue $5.4B (+1% year over year), operating margin 17.1%, net earnings $391M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4B | -19% | +1% |
| Operating profit | $927M | -40% | +2% |
| Net earnings | $391M | -57% | -13% |
| Operating cash flow | $1.5B | +26% | +3% |
What changed
Revenue was $5.4B in Q2 2025, up 1% year over year and down 19% from the previous quarter.
Operating profit was $0.93B, a 17.1% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 21% reached operating profit, above the 17% margin then. Total costs grew 1% against revenue growth of 1%. Net earnings were $0.39B, down 13% year over year. The effective tax rate was 15.2%.
Operating cash flow was $1.5B (up 3% year over year), 386% of net earnings. Non-cash charges added back $0.90B of depreciation and amortization. Working capital and other items added $0.22B. Capital expenditures of $2.0B exceeded it, leaving free cash flow of −$0.50B.
Questions
What was Exelon's revenue in the second quarter 2025?
Exelon (EXC) reported revenue of $5.4B for the second quarter 2025 (Q2 2025), +1% from a year earlier and -19% from the quarter before.
Was Exelon profitable in the second quarter 2025?
Operating profit was $927M (17.1% of revenue) and net earnings $391M.
Source: Exelon 10-Q on SEC EDGAR.