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Constellation Energy CEG Calpine — Revenues, Net of Purchased Power and Fuel Expense

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$337.9M-6.1%

Other financials

Income statement

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Revenue$11.1B+63.8%
Operating income$2.3B+417%
Net income$1.6B+1,247%
EPS (diluted)$4.49+1,082%

Balance sheet

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Cash & equivalents$800.0M-56.7%
Total debt$22.1B
Total assets$96.9B

Cash flow

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Operating cash flow$425.0M+297%
CapEx$1.3B+58.2%
Free cash flow-$850.0M-21.6%

Valuation

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Market cap$95.95B+0.4%
Enterprise value$117.25B
P/E29.4×
P/S3.2×

Profitability

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Operating margin12.4%
Net margin10.9%
FCF margin-7%

Returns & leverage

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Current ratio1.4×

Where this comes from

Reported directly by Constellation Energy in its filing.

Tagged under the XBRL concept ceg:RevenuesNetOfPurchasedPowerAndFuelExpense.

The official record: Constellation Energy’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Constellation Energy's calpine — revenues, net of purchased power and fuel expense?
Constellation Energy (CEG) reported calpine — revenues, net of purchased power and fuel expense of $1.13B in Q1 2026.
What does calpine — revenues, net of purchased power and fuel expense mean?
This metric represents the gross margin generated by the Calpine segment after deducting the direct costs of fuel and purchased power from total operating revenues. It provides a clearer view of the segment's core profitability and its ability to manage the spread between energy sales and input costs. This is a key performance indicator for evaluating the underlying economic value created by the segment's operations.