Q1 2024 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$6.2B-18.6% YoY

Gross Profit

$1.3B20.4% margin

Operating Income

$813M13.2% margin

Net Income

$883M14.3% margin

EPS (Diluted)

$2.78

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

-$723M

Free Cash Flow

-$1.5B

Stock-Based Comp.

Balance Sheet

Total Assets

$52.0B

Total Liabilities

$40.5B

Stockholders' Equity

$11.2B

Cash & Equivalents

$562M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.2B	$7.6B	-18.6%
Gross Profit	$1.3B	$427M	+194.6%
Operating Income	$813M	$31M	+2522.6%
Net Income	$883M	$96M	+819.8%

Revenue Segments

Constellation Other Regions

$1.6B33%

Constellation Mid Atlantic

$1.4B28%

Constellation Midwest

$1.1B22%

Constellation New York

$513M10%

Constellation ERCOT

$321M7%

Geographic Segments