Financial Statements — EXC
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.71 | 1.53 | 0.72 | 1.00 | 0.62 | 0.93 | 0.72 | 0.30 | 0.40 | 0.52 | 0.45 | 0.82 | 2.48 | 2.96 | 1.58 | 1.91 |
| Accounts Receivable | 3.11 | 2.91 | 3.06 | 3.00 | 2.55 | 2.68 | 2.55 | 2.23 | 2.01 | 2.10 | 1.79 | 1.87 | 1.98 | 3.12 | 3.14 | 3.58 |
| Total Current Assets | 9.00 | 9.23 | 8.68 | 8.80 | 8.02 | 8.56 | 8.21 | 7.52 | 7.54 | 7.78 | 7.06 | 7.34 | 8.15 | 14.88 | 12.35 | 13.00 |
| Property, Plant & Equipment | 85.56 | 82.10 | 80.61 | 79.18 | 76.66 | 75.65 | 74.60 | 72.46 | 71.30 | 70.12 | 67.57 | 66.46 | 65.47 | 82.85 | 82.12 | 82.59 |
| Goodwill | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.63 | 6.68 | 6.68 | 6.68 |
| Total Non-current Assets* | 108.54 | 104.31 | 102.47 | 100.69 | 98.05 | 96.56 | 95.00 | 91.74 | 90.54 | 89.15 | 86.40 | 84.95 | 84.55 | 117.74 | 117.05 | 117.00 |
| Total Assets | 117.55 | 113.54 | 111.15 | 109.48 | 106.07 | 105.11 | 103.21 | 99.26 | 98.08 | 96.93 | 93.46 | 92.30 | 92.70 | 132.62 | 129.40 | 130.00 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.76 | 2.69 | 2.45 | 2.17 | 3.69 | 3.55 | 3.43 |
| Short-term Debt | 0.67 | 1.08 | 1.11 | 1.08 | 1.03 | 1.45 | 2.21 | 1.72 | 1.24 | 1.31 | 1.69 | 2.00 | 1.90 | 2.67 | 1.87 | 3.13 |
| Total Current Liabilities | 9.59 | 9.82 | 9.16 | 8.10 | 7.38 | 8.28 | 7.98 | 8.80 | 7.94 | 8.09 | 8.72 | 8.03 | 8.64 | 15.83 | 13.92 | 13.58 |
| Long-term Debt | 47.86 | 46.28 | 45.53 | 45.34 | 43.70 | 43.04 | 42.27 | 39.43 | 39.49 | 38.73 | 35.28 | 35.79 | 35.01 | 35.27 | 35.08 | 36.25 |
| Total Non-current Liabilities* | 78.64 | 75.60 | 74.37 | 73.77 | 72.06 | 70.69 | 69.18 | 64.99 | 65.07 | 63.77 | 60.16 | 60.61 | 60.57 | 82.54 | 80.98 | 82.11 |
| Total Liabilities | 88.23 | 85.43 | 83.53 | 81.88 | 79.45 | 78.96 | 77.15 | 73.79 | 73.00 | 71.86 | 68.87 | 68.64 | 69.21 | 98.36 | 94.90 | 95.69 |
| Retained Earnings | 8.07 | 7.39 | 6.92 | 6.93 | 6.16 | 5.84 | 5.77 | 5.23 | 4.89 | 4.91 | 4.50 | 4.16 | 4.03 | 16.93 | 16.10 | 16.07 |
| Total Stockholder Equity | 29.32 | 28.11 | 27.62 | 27.61 | 26.62 | 26.15 | 26.06 | 25.47 | 25.08 | 25.07 | 24.58 | 23.66 | 23.49 | 33.85 | 32.14 | 32.02 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 7.24 | 5.41 | 6.71 | 5.43 | 6.71 | 5.47 | 6.15 | 5.36 | 6.04 | 5.37 | 5.98 | 4.82 | 5.56 | 4.67 | 4.85 | 4.24 | 5.33 | 9.63 | 8.91 | 7.92 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.43 | 9.07 | 7.12 | 7.56 |
| Operating Income | 1.61 | 1.19 | 1.50 | 0.93 | 1.54 | 1.10 | 1.20 | 0.91 | 1.11 | 1.09 | 1.12 | 0.70 | 1.11 | 0.71 | 1.01 | 0.69 | 0.90 | 0.62 | 1.86 | 0.37 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | 1.12 | 0.72 | 1.03 | 0.46 | 1.08 | 0.70 | 0.76 | 0.49 | 0.72 | 0.72 | 0.77 | 0.42 | 0.80 | 0.43 | 0.77 | 0.51 | 0.70 | 0.53 | 1.41 | 0.55 |
| Tax Provision | 0.20 | 0.13 | 0.16 | 0.07 | 0.17 | 0.05 | 0.05 | 0.05 | 0.06 | 0.10 | 0.07 | 0.07 | 0.13 | (0.01) | 0.09 | 0.05 | 0.22 | 0.14 | 0.17 | 0.07 |
| Net Income | 0.92 | 0.59 | 0.88 | 0.39 | 0.91 | 0.65 | 0.71 | 0.45 | 0.66 | 0.62 | 0.70 | 0.34 | 0.67 | 0.43 | 0.68 | 0.47 | 0.60 | 0.39 | 1.23 | 0.48 |
| Basic EPS | 0.90 | -- | 0.87 | 0.39 | 0.90 | -- | 0.70 | 0.45 | 0.66 | -- | -- | -- | -- | -- | -- | -- | -- | 0.40 | 1.23 | 0.41 |
| Diluted EPS | 0.90 | -- | 0.86 | 0.39 | 0.90 | -- | 0.70 | 0.45 | 0.66 | -- | -- | -- | -- | -- | -- | -- | -- | 0.40 | 1.23 | 0.41 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 1.72 | 1.24 | 2.30 | 1.51 | 1.20 | 1.43 | 1.69 | 1.46 | 0.99 | 1.41 | 1.53 | 1.28 | 0.48 | 0.73 | 0.90 | 1.46 | 1.78 | (1.13) | 3.00 | 2.40 |
| Capital Expenditures | 2.36 | 2.43 | 2.14 | 2.01 | 1.95 | 1.94 | 1.70 | 1.70 | 1.77 | 1.87 | 1.86 | 1.80 | 1.88 | 1.97 | 1.67 | 1.59 | 1.92 | 2.01 | 1.93 | 1.90 |
| Free Cash Flow* | (0.63) | (1.19) | 0.16 | (0.50) | (0.75) | (0.51) | (0.01) | (0.24) | (0.77) | (0.46) | (0.32) | (0.53) | (1.40) | (1.24) | (0.77) | (0.13) | (0.14) | (3.14) | 1.07 | 0.50 |
| Investing Cash Flow | (2.36) | (2.42) | (2.14) | (2.02) | (1.94) | (1.93) | (1.65) | (1.70) | (1.77) | (1.86) | (1.84) | (1.80) | (1.87) | (2.00) | (1.64) | (1.53) | (1.82) | (1.11) | (1.02) | (1.28) |
| Financing Cash Flow | 0.73 | 0.28 | 0.69 | 0.18 | 1.39 | 0.21 | (0.34) | 0.47 | 0.98 | 0.60 | 0.22 | 0.48 | 1.38 | 1.09 | 0.18 | (1.09) | 1.42 | 0.37 | (0.51) | (1.44) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Dividends Per Share | 0.42 | 0.40 | 0.40 | 0.40 | 0.40 | 0.38 | 0.38 | 0.38 | 0.38 | 0.36 | 0.36 | 0.36 | 0.36 | 0.33 | 0.34 | 0.34 | 0.34 | 0.39 | 0.38 | 0.38 |
