Constellation Energy (CEG) Revenue — Quarter Ended Jun 30, 2025
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.2B
Revenue reported for this quarter.
Quarter-over-quarter
-15.5%
Change from the immediately preceding quarter.
Year-over-year
+17.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2024 | $4.8B | -10.2% |
| Dec 31, 2024 | $4.5B | -9.4% |
| Mar 31, 2025 | $6.1B | +16.1% |
| Jun 30, 2025 | $5.2B | +17.1% |
Revenue performance
The reported revenue direction is downward from the prior quarter. The filing context notes changes in state program pricing, including the end of the New Jersey ZEC program and fluctuations in Illinois CMC prices, but does not directly attribute the revenue change to these factors.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year earlier, revenue increased.
What to watch
Monitor the impact of the New Jersey ZEC program termination and Illinois CMC price trends on future revenue.