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CONSTELLATION ENERGY CORPORATION FY 2025 10-K, explained in plain English

CEG · 10-K for the period ending December 31, 2025, filed February 24, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$22.7B
Gross margin— not reported
Operating income$3.1B
Net income$2.3B
Diluted EPS$7.40
Cash & equivalents$3.6B
Total assets$57.2B
Long-term debt$7.4B

Key takeaway

Constellation's nuclear fleet, the nation's largest at ~22 GW, generated 68% of total electric supply in 2025 with a strong 94.7% capacity factor.

🔒 4 more takeaways in the full analysis

Beneath the surface

Net debt is far lower than headline long-term debt suggests: with $3.64B cash plus $3.75B total cash/restricted cash against $7.4B long-term debt plus $92M current portion, net leverage is modest.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for CEG.

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