EXELON CORP SEC 10-Q Report

Exelon Corporation, a leading energy provider operating across multiple regions in the United States, has released its Form 10-Q report for the third quarter. The report provides a comprehensive overview of the company's financial and operational performance, reflecting its strategic focus on maintaining stable revenues and optimizing operational efficiency amidst varying market conditions.

Financial Highlights

Total Operating Revenues: $5,427 million, reflecting a slight increase from the previous year, driven by higher electric and natural gas operating revenues.

Operating Income: $927 million, showing a stable performance with a slight increase compared to the previous year, supported by effective cost management.

Net Income Attributable to Common Shareholders: $391 million, a decrease from the previous year, impacted by higher interest expenses.

Earnings Per Average Common Share - Basic: $0.39, reflecting a decrease from the previous year due to increased operating expenses and interest costs.

Earnings Per Average Common Share - Diluted: $0.39, consistent with the basic earnings per share, indicating no significant dilution effect.

Business Highlights

Revenue Segments: Exelon Corporation's operating revenues are derived from electric and natural gas operations, with significant contributions from alternative revenue programs. The electric operating revenues are the primary source, with natural gas revenues also contributing notably.

Geographical Performance: The company operates across various regions, including Northern Illinois, Southeastern Pennsylvania, Central Maryland, the District of Columbia, and portions of Delaware, Maryland, and Southern New Jersey. Each region contributes to the overall performance, with specific regulatory and market conditions impacting operations.

Sales Units: The company reports on the transmission and distribution of electricity and natural gas to retail customers across its service territories, indicating a robust operational framework supporting its utility services.

Future Outlook: Exelon is involved in ongoing regulatory proceedings and rate cases, which are expected to influence future revenue and operational strategies. The company is also focused on enhancing grid resilience and supporting climate and regulatory initiatives, particularly in Maryland.

SEC Filing: EXELON CORP [ EXC ] - 10-Q - Jul. 31, 2025