EE FY 2025 Earnings Report — Excelerate Energy, Inc. Revenue & Financial Results | Market Cap Arena

Excelerate Energy, Inc.EE

FY 2025 Earnings

Reported February 25, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$1.2B	—	$851M	—	44.3%
Op. Income	$301M	—	$215M	—	40.0%
Gross Margin	32.2%	—	47.9%	—	-15.7pp
Net Margin	3.2%	—	3.9%	—	-0.7pp
EPS (Diluted)	$1.28	—	$1.27	—	0.8%
Free Cash Flow	$277M	—	$131M	—	111.2%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$833M
GROSS PROFIT	$395M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$94M
Other Expenses	$0
Operating Expenses	$94M
Cost & Expenses	$927M
OPERATING INCOME	$301M
Interest Income	$0
Interest Expense	$94M
Other Income/Expenses	-$106M
INCOME BEFORE TAX	$195M
Income Tax Expense	$28M
Net Income from Continuing Ops	$167M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$129M
EBIT	$289M
EBITDA	$419M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$833M
GROSS PROFIT	$395M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$94M
Other Expenses	$0
Operating Expenses	$94M
Cost & Expenses	$927M
OPERATING INCOME	$301M
Interest Income	$0
Interest Expense	$94M
Other Income/Expenses	-$106M
INCOME BEFORE TAX	$195M
Income Tax Expense	$28M
Net Income from Continuing Ops	$167M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$129M
EBIT	$289M
EBITDA	$419M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$39M
Depreciation & Amortization	$129M
Stock-Based Compensation	$0
Deferred Income Tax	$3M
Other Non-Cash Items	$127M
Change in Working Capital	$141M
OPERATING CASH FLOW	$440M
Capital Expenditure	-$163M
Acquisitions (Net)	-$1.0B
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	$582M
Common Stock Repurchased	$0
Common Dividends Paid	-$9M
Other Financing Activities	-$31M
NET CASH FROM FINANCING	$744M
FREE CASH FLOW	$277M
Net Change in Cash	$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$541M
Short-Term Investments	$0
Net Receivables	$136M
Inventory	$27M
Other Current Assets	$5M
TOTAL CURRENT ASSETS	$753M
PP&E (Net)	$2.3B
Goodwill	$235M
Intangible Assets	$359M
Long-Term Investments	$338M
Tax Assets	$25M
Other Non-Current Assets	$121M
TOTAL NON-CURRENT ASSETS	$3.4B
TOTAL ASSETS	$4.1B
Account Payables	$47M
Short-Term Debt	$83M
Deferred Revenue	$57M
Other Current Liabilities	$96M
TOTAL CURRENT LIABILITIES	$310M
Long-Term Debt	$1.1B
Deferred Revenue NC	$29M
Deferred Tax Liabilities	$65M
Other Non-Current Liabilities	$151M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$1.9B
Common Stock	$117.0K
Additional Paid-In Capital	$635M
Retained Earnings	$103M
Treasury Stock	-$55M
Accum. Other Comp. Income	-$112.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$682M
Minority Interest	$1.5B
TOTAL EQUITY	$2.2B
TOTAL LIABILITIES & EQUITY	$4.1B
Total Debt	$1.4B
Net Debt	$889M