Income StatementBalance SheetCash FlowSegments
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Constellation Energy Cash Flow Statement

Operating, investing, and financing cash movements

Constellation Energy generated $3.2B in operating cash flow over the trailing twelve months. After $2.8B in capital expenditures, free cash flow was -$2.1B. Based on the Q1 2026 filing.

Net Cash From Operating$425.0MNet Cash From Investing-$3.7BNet Cash From Financing$730.0MCapital Expenditures$1.3BDepreciation And Amortization Cf$1.2BNet Change In Cash$377.0M
Latest FilingQ1 2026
Report Date2026-05-11
Market Cap$106.22B
P/E Ratio32.55

Operating

MetricQ3 '22Q1 '23Q2 '23Q3 '23Q1 '25Q1 '26
Other non-cash income (expense)————-$47.0M$199.0M
Change in Pension and Postretirement Obligations-$16.0M———-$174.0M-$191.0M
Change in pension and postretirement obligations-$16.0M———-$174.0M-$191.0M
Other non-cash income (expense)————-$47.0M$199.0M
Change in accounts payable$404.0M———-$290.0M-$1.4B
Change in income taxes payable/receivable$75.0M———$120.0M$103.0M
Change in inventories$78.0M———-$98.0M-$106.0M
Other working capital changes$1.8B———$470.0M$789.0M
Change in receivables$210.0M———$15.0M-$323.0M
Gain (Loss) on Investment in Cenovus Energy————-$268.0M-$27.0M
Deferred income taxes-$208.0M———-$98.0M$440.0M
Depreciation and amortization$603.0M———$640.0M$1.2B
Other Non-Cash Income (Expense)————-$47.0M$199.0M
Other Non-cash Income (Expense)————-$47.0M$199.0M
Other Non-cash Income (Expense)————-$47.0M$199.0M
Net cash from operating activities————$107.0M$425.0M
Net income-$193.0M$102.0M$824.0M$690.0M$129.0M$1.6B
Other non-cash income (expense)————-$47.0M$199.0M
Equity Securities, FV-NI, Gain (Loss)————-$268.0M-$27.0M
Collateral (posted) received, net————-$486.0M$249.0M
Option premiums paid, net————$26.0M-$15.0M
Pension and other postretirement plans-$16.0M———-$174.0M-$191.0M
Other Noncash Income (Expense)————-$47.0M$199.0M
Realized and Unrealized Gain (Loss) on Investments-$232.0M———$44.0M$17.0M
Gain (loss) on mark-to-market of Escrowed Shares-$513.0M———-$356.0M$1.0B
Other Non-cash Income and Expense————-$47.0M$199.0M
Other Non-Cash Adjustments————-$47.0M$199.0M
Other Non-Cash Income and Expense————-$47.0M$199.0M
Change in Pension and Postretirement Obligations-$16.0M———-$174.0M-$191.0M
Change in pension and postretirement obligations-$16.0M———-$174.0M-$191.0M

Investing

MetricQ3 '22Q1 '23Q2 '23Q3 '23Q1 '25Q1 '26
Acquisitions, net of cash acquired————$0.0$2.5B
Capital expenditures$290.0M———$806.0M$1.3B
Payment for (Proceeds from) Other Investing Activity-$1.0M———$12.0M-$148.0M
Payments to Acquire Other Investments$889.0M———$2.2B$2.6B
Proceeds from other investments$846.0M———$2.1B$2.5B
Net cash from investing activities$1.2B———-$886.0M-$3.7B

Other

MetricQ3 '22Q1 '23Q2 '23Q3 '23Q1 '25Q1 '26
Net Change in Cash Excluding Exchange Rate Effect$377.0M———-$1.2B-$2.6B
Net Change in Cash Excluding FX Effect$377.0M———-$1.2B-$2.6B
Net Change in Cash Excluding Exchange Rate Effect$377.0M———-$1.2B-$2.6B
Issuance of common stock for the acquisition of Ansys————$0.0$17.5B
Debt assumed in acquisition————$0.0$2.3B
Short-term debt assumed for PP&E————$0.0$2.3B

Financing

MetricQ3 '22Q1 '23Q2 '23Q3 '23Q1 '25Q1 '26
Proceeds from issuance of debt$3.0M———$0.0$2.8B
Repayments of debt$34.0M———$57.0M$5.3B
Other, net-$15.0M———-$229.0M-$88.0M
Short-term borrowings/(repayments) less than 90 days — net————$0.0$2.0B
Issuances - maturities longer than 90 days————$0.0$3.0B
Repayments of Short-Term Debt, Maturing in More than Three Months————$0.0$1.5B
Payment of Deferred Purchase Consideration-$15.0M———-$229.0M-$88.0M
Noncontrolling interest transactions and other-$15.0M———-$229.0M-$88.0M
Net cash from financing activities————-$408.0M$730.0M
Proceeds from Short-Term Debt (Maturity > 3 Months)————$0.0$3.0B
Repayments of Short-Term Debt (Maturity > 3 Months)————$0.0$1.5B
Proceeds from Short-Term Debt (Maturity > 3 Months)————$0.0$3.0B
Repayments of Short-Term Debt (Maturity > 3 Months)————$0.0$1.5B
Noncontrolling Interests Activity and Other-$15.0M———-$229.0M-$88.0M
Proceeds from Short-Term Debt (> 90 Days)————$0.0$3.0B
Repayments of Short-Term Debt (> 90 Days)————$0.0$1.5B

Free Cash Flow

MetricQ3 '22Q1 '23Q2 '23Q3 '23Q1 '25Q1 '26
Free cash flow-$1.5B———-$699.0M-$850.0M

Supplemental

MetricQ3 '22Q1 '23Q2 '23Q3 '23Q1 '25Q1 '26
Debt Assumed in Acquisition————$0.0$2.3B
Property Plant and Equipment, Period Increase (Decrease) Related to Asset Retirement Obligation Adjustment————$6.0M$889.0M