Constellation Energy Corporation (CEG) Financials
PeriodQ2 FY2026
Published
Constellation Energy Corporation reported $7.50 billion in operating revenues for Q2 FY2026, the quarter ended June 30, 2026, up 23.0% from a year earlier, of which the Calpine segment, added by the January 2026 acquisition and reported for the first time as a sixth segment, accounted for $2.15 billion. Net income attributable to common shareholders was $513 million, down 38.9%, and diluted earnings per share of $1.42 was down 46.8%, a steeper fall than earnings because the shares issued to buy Calpine enlarged the share count. Operating income of $580 million was down 39.0%, and management attributes the quarter's decline in earnings attributable to common shareholders to unrealized losses on economic hedges, Calpine merger and integration costs and heavier nuclear refueling outages, set against higher capacity revenues and the addition of Calpine's operations. Those hedge losses are unrealized and the merger and integration costs are one-off, and both are excluded from Constellation Energy's own adjusted (non-GAAP) operating earnings measure, on which per-share earnings rose from a year earlier and the company raised its full-year 2026 guidance range in the second-quarter earnings release furnished on Form 8-K.
| Metric | Amount | vs. year ago |
|---|---|---|
| Operating revenues | $7,504,000,000 | up 23.0% |
| Net income | $513,000,000 | down 38.9% |
| Diluted EPS | $1.42 | down 46.8% |
| Operating income | $580,000,000 | down 39.0% |
| Calpine segment revenues | $2,147,000,000 |
Company details
| Name | Constellation Energy Corp |
|---|---|
| Ticker | CEG |
| CIK | 0001868275 |
| Exchange | Nasdaq |
| State | Maryland |
| Incorporation | Pennsylvania |
| SIC | 4911 |
| Office | Energy & Transportation |
| Industry | Electric Services |
| Latest period covered | Q2 FY2026, ended 2026-06-30, 10-Q, accession 0001868275-26-000104 |
| Fiscal year end | 12/31 (MM/DD) |
| Next expected filing | 10-Q around 2026-11-06 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · Constellation Energy Q2 FY2026
How much revenue did Constellation Energy report in Q2 FY2026?
Constellation Energy Corporation reported $7.50 billion in operating revenues for Q2 FY2026, the quarter ended June 30, 2026. That is up 23.0% from $6.10 billion in the same quarter a year earlier, with the newly acquired Calpine segment accounting for $2.15 billion of the total.
What was Constellation Energy's earnings per share in Q2 FY2026?
Constellation Energy Corporation earned $1.42 per diluted share in Q2 FY2026, the quarter ended June 30, 2026, down 46.8% from $2.67 a year earlier. Net income attributable to common shareholders was $513 million against $839 million, and per-share earnings fell further than net income because shares issued for the Calpine acquisition raised the average diluted share count.
Why did Constellation Energy's profit fall in Q2 FY2026?
Constellation Energy Corporation's net income attributable to common shareholders was $513 million in Q2 FY2026, down 38.9% from $839 million a year earlier, and operating income of $580 million was down 39.0%, even as operating revenues rose. Management attributes the decline to unrealized losses on economic hedges, merger and integration costs tied to Calpine, and more nuclear refueling outage days than a year earlier, partly offset by higher capacity revenues and the addition of Calpine's operations. The hedge losses and the merger and integration costs are both excluded from the company's adjusted (non-GAAP) operating earnings measure, on which per-share earnings rose from a year earlier, and Constellation Energy raised its full-year 2026 guidance range in the second-quarter earnings release furnished on Form 8-K.
How much did Calpine add to Constellation Energy's results in Q2 FY2026?
Calpine, which Constellation Energy Corporation acquired in January 2026 and now reports as a sixth segment, recorded $2.15 billion of operating revenues as a reportable segment in Q2 FY2026, the quarter ended June 30, 2026. There is no comparable figure a year earlier because Calpine was not part of Constellation Energy before the acquisition closed.
Where can I get Constellation Energy Corporation (CEG) financial data in machine-readable form?
Ticker Scout publishes Constellation Energy Corporation's financial statements as JSON at https://tickerscout.ai/ceg/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/ceg/narrative.md and https://tickerscout.ai/ceg/events.md. Constellation Energy Corporation's SEC CIK is 0001868275. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Constellation Energy Corporation (CEG) next file with the SEC?
Constellation Energy Corporation (CEG) is expected to file its next Form 10-Q with the SEC on or around November 6, 2026. That date is a projection rather than a company-announced date: it is derived from Constellation Energy Corporation's own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0001868275-26-000104.
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How this page was built
This page was built from Constellation Energy Corporation's own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names five such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.