Constellation Energy Corp

Latest Results (18.10.2025):

In the second quarter of 2025, Constellation Energy Corp reported a GAAP Net Income of $2.67 per share and Adjusted (non-GAAP) Operating Earnings of $1.91 per share. The company demonstrated robust financial performance compared to the same quarter last year and continued to advance its strategic initiatives, including significant partnerships, regulatory approvals, and capital management actions.

Strong Earnings Performance

Constellation Energy Corp achieved a GAAP Net Income of $2.67 per share and Adjusted Operating Earnings of $1.91 per share in Q2 2025, up from $2.58 and $1.68 per share respectively in Q2 2024. These results reaffirm the company’s growth trajectory and operational efficiency.

Long-Term Partnership with Meta

The company signed a 20-year Power Purchase Agreement with Meta for the full output of the Clinton Clean Energy Center. This deal supports the continued operation and expansion of the facility, ensuring reliable and clean energy supply to the region starting June 2027.

Calpine Acquisition Progress

Constellation received regulatory approvals from the New York State Public Service Commission, the Public Utility Commission of Texas, and the Federal Energy Regulatory Commission for its acquisition of Calpine. The transaction is expected to close by year-end, enhancing Constellation’s generation capabilities and expanding its presence coast-to-coast.

Crane Clean Energy Center Advancement

The Crane Clean Energy Center is set to return to service in 2027 ahead of the original schedule. This accelerated timeline will bring additional clean, firm, and reliable energy to the grid, supporting the growing demand and enhancing grid reliability.

Capital Allocation and Share Repurchase

In Q2 2025, Constellation repurchased approximately $400 million of its common stock as part of its ongoing share buyback program. Additionally, the company committed to a 10% increase in dividends for 2025, reflecting its strong cash flow and commitment to shareholder returns.

Continued Recognition as a Great Place to Work

For the third consecutive year, Constellation Energy Corp was certified by Great Place To Work®. In a survey of approximately 5,000 employees, 86% rated it as a great place to work, significantly higher than the national average.