CEGConstellation Energy Corporation

$101B

Q1 2023 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$7.6B+35.3% YoY

Gross Profit

$427M5.6% margin

Operating Income

$31M0.4% margin

Net Income

$96M1.3% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

-$934M

Free Cash Flow

-$1.6B

Stock-Based Comp.

Balance Sheet

Total Assets

$46.2B

Total Liabilities

$35.1B

Stockholders' Equity

$10.7B

Cash & Equivalents

$237M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.6B	$5.6B	+35.3%
Gross Profit	$427M	$836M	-48.9%
Operating Income	$31M	$435M	-92.9%
Net Income	$96M	$106M	-9.4%

Revenue Segments

Constellation Other Regions

$1.8B23%

Constellation Natural Gas

$1.5B19%

Constellation Mid Atlantic

$1.4B18%

Constellation All Other Segments

$1.3B16%

Constellation Midwest

$1.2B15%

Constellation New York

$535M7%

Constellation ERCOT

$200M3%

Geographic Segments

Constellation Other Regions

$1.8B35%

Constellation Mid Atlantic

$1.4B27%

Constellation Midwest

$1.2B23%

Constellation New York

$535M10%

Constellation ERCOT

$200M4%