Operating Expenses

Total Operating Expenses

Constellation Energy Total Operating Expenses increased by 38.9% to $8.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.9%, from $6.34B to $8.80B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026May 11, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

Historical Data

8 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$4.47B$3.47B$5.17B$5.19B$6.09B$5.13B$6.34B$8.80B
QoQ Change-22.5%+49.3%+0.4%+17.3%-15.7%+23.4%+38.9%
YoY Change+16.2%+75.8%-15.7%+38.9%
Range$3.47B$8.80B
CAGR+47.3%
Avg YoY Growth+28.8%
Median YoY Growth+27.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Constellation Energy's total operating expenses?
Constellation Energy (CEG) reported total operating expenses of $8.80B in Q1 2026.
How has Constellation Energy's total operating expenses changed year-over-year?
Constellation Energy's total operating expenses increased by 38.9% year-over-year, from $6.34B to $8.80B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.