Exelon Corp

Latest Results (21.10.2025):

Exelon Corporation reported its financial results for the second quarter of 2025, demonstrating disciplined execution despite challenges from an active storm season. The company maintained its full-year earnings guidance, reflecting confidence in its operational strategies and commitment to delivering long-term value.

Overall Financial Performance

Exelon reported a GAAP net income of $0.39 per share for Q2 2025, a decrease from $0.45 per share in Q2 2024. Adjusted (non-GAAP) operating earnings also stood at $0.39 per share, down from $0.47 per share compared to the same period last year.

Business Unit Highlights

ComEd saw a decrease in GAAP net income to $228 million from $270 million in Q2 2024, primarily due to timing of distribution earnings and lower transmission peak load. In contrast, PECO's GAAP net income increased to $136 million from $90 million, driven by higher electric and gas distribution rates. BGE reported a GAAP net income rise to $55 million from $45 million, while PHI experienced a decrease to $143 million from $158 million.

Leadership Remarks

CEO Calvin Butler emphasized Exelon's focus on operational excellence, customer affordability, and investment in grid modernization. CFO Jeanne Jones highlighted the company's ability to deliver strong financial results despite significant storm-related challenges, including peak outages affecting over 325,000 PECO customers.

Full-Year Guidance

Exelon remains on track to achieve its full-year earnings guidance of $2.64 to $2.74 per share, underscoring confidence in meeting the evolving needs of customers and advancing a resilient, cleaner energy future.