Operating Expenses
Total Operating Expenses
Exelon Total Operating Expenses increased by 33.3% to $5.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.9%, from $5.18B to $5.64B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows a downward trend with a -13.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
Detailed definition
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Peer comparison
Investors compare this to revenue to assess the 'operating leverage' of a business model.
Metric ID:
total_operating_expensesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.56B | $7.12B | $9.07B | $4.43B | $3.54B | $3.83B | $3.96B | $4.46B | $4.11B | $4.86B | $4.29B | $4.93B | $4.46B | $4.96B | $4.37B | $5.18B | $4.50B | $5.21B | $4.23B | $5.64B |
| QoQ Change | — | -5.9% | +27.4% | -51.2% | -20.0% | +8.2% | +3.2% | +12.6% | -7.7% | +18.1% | -11.8% | +15.0% | -9.7% | +11.4% | -11.8% | +18.4% | -13.0% | +15.6% | -18.8% | +33.3% |
| YoY Change | — | — | — | — | -53.1% | -46.1% | -56.3% | +0.7% | +16.1% | +26.7% | +8.3% | +10.6% | +8.3% | +2.1% | +2.1% | +5.0% | +1.1% | +4.9% | -3.3% | +8.9% |
Range$3.54B – $9.07B
CAGR-6.0%
Avg YoY Growth-4.0%
Median YoY Growth+3.5%
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Commonwealth Edison Co | $860.00M | $1.26B | $1.48B | $1.74B | $1.57B | $1.78B | $1.68B | $1.73B |
| Baltimore Gas and Electric Company | $930.00M | $964.00M | $704.00M | $835.00M | $742.00M | $967.00M | $835.00M | $949.00M |
| PECO Energy Co | $872.00M | $902.00M | $687.00M | $847.00M | $710.00M | $851.00M | $752.00M | $868.00M |
| Potomac Electric Power Company | $551.00M | $610.00M | $541.00M | $658.00M | $568.00M | $640.00M | $534.00M | $650.00M |
| Corporate and Other | $569.00M | $485.00M | $561.00M | $475.00M | $470.00M | $472.00M | $471.00M | $439.00M |
| Atlantic City Electric Company | $278.00M | $298.00M | $280.00M | $394.00M | $342.00M | $303.00M | $338.00M | $410.00M |
| Delmarva Power and Light Company | $361.00M | $388.00M | $305.00M | $386.00M | $341.00M | $391.00M | $332.00M | $377.00M |
| Total | $3.96B | $4.46B | $4.11B | $4.86B | $4.29B | $4.93B | $4.46B | $4.96B |
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Exelon's total operating expenses?
- Exelon (EXC) reported total operating expenses of $5.64B in Q1 2026.
- How has Exelon's total operating expenses changed year-over-year?
- Exelon's total operating expenses increased by 8.9% year-over-year, from $5.18B to $5.64B.
- What is the long-term trend for Exelon's total operating expenses?
- Over 4 years (2021 to 2025), Exelon's total operating expenses has grown at a -13.3% compound annual growth rate (CAGR), from $33.83B to $19.11B.
- What does total operating expenses mean?
- The total cost of running the day-to-day business, excluding the direct cost of making products.