Exelon Reports Third Quarter 2026 Results
Business Wire•30/10/2026•06:48 ET
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Key Highlights
- ➤Adjusted operating EPS $0.87, above expectations, versus $0.86 year-ago
- ➤2026 adjusted EPS guidance narrowed to $2.85-$2.91 per share
- ➤2025-2029 annualized earnings growth affirmed near top of 5%-7% range
- ➤Pepco Maryland rate case adds $51 million annual base-rate revenue at 9.40% ROE
- ➤Exelon utilities rank first, second, fifth, and sixth nationally for reliability
Expert Statements
Calvin Butler, President and Chief Executive Officer of Exelon
“Exelon's third-quarter results reflect disciplined investment and consistent performance across our utilities – a strategy that helped prevent outages during a summer of severe weather and kept customer rates below the national average”
Calvin Butler, President and Chief Executive Officer of Exelon
“Meanwhile, The Exelon Promise continues to guide our efforts to keep bills as low as possible, including our efforts to address the energy supply crisis at the heart of rising energy costs through long-term solutions like battery storage and utility-generated power. Exelon continues to deliver on our commitment to long-term growth and strengthening the communities we serve.”
Rob Kleczynski, Chief Financial Officer of Exelon
“Our investments in the grid continue to deliver for customers, with Exelon’s utilities now ranking 1st, 2nd, 5th and 6th in the nation for reliability.”
Rob Kleczynski, Chief Financial Officer of Exelon
“With our performance for the year, we are narrowing our full-year 2026 guidance range to $2.85 to $2.91 per share, and affirming annualized earnings growth near the top end of 5% to 7% from 2025 through 2029.”
Rob Kleczynski, Chief Financial Officer of Exelon
“Looking ahead, we continue to advance transmission and storage solutions that support growth and affordability for our customers, while maintaining the financial discipline that underpins our plan.”
* GAAP net income of $0.70 per share and Adjusted (non-GAAP) operating earnings of $0.87 per share for the third quarter of 2026, above expectations
* Narrowing full year 2026 Adjusted (non-GAAP) operating earnings guidance range to $2.85-$2.91 per share and affirming operating EPS compounded annual growth near top end of 5-7% from 2025 to 2029
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