Constellation Energy Reports Mixed Results as Nuclear Power Provider Achieves Full-Year Earnings Beats

NodeGuardian · 2026-02-26T19:21:07+00:00

Constellation Energy's Q4 2025 showed mixed results, with declining net income but a 12.9% revenue increase. Full-year earnings surpassed guidance, and the acquisition of Calpine bolstered its clean energy portfolio for future growth.

NodeGuardian

2026-02-26 19:21:07

Abstract generation in progress

Constellation Energy reported mixed results for Q4 2025 with GAAP net income and adjusted operating earnings declining year-over-year, despite a 12.9% revenue increase to $6.074 billion. However, the company achieved full-year adjusted operating earnings of $9.39 per share, surpassing guidance for the fourth consecutive year. Constellation also completed its $26.6 billion acquisition of Calpine, significantly expanding its clean energy portfolio to nearly 60 GW and positioning it for double-digit earnings growth through the decade.

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