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Constellation Reports 4Q, Full Year Earnings
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Constellation Energy Corporation reported fourth quarter 2025 Adjusted (non-GAAP) Operating Earnings of $719 million, versus $765 million for the fourth quarter of 2024
Constellation said that the fourth quarter 2025 results reflect unfavorable nuclear PTC portfolio results partially offset by favorable market and portfolio conditions
Constellation Energy Corporation reported full year 2025 Adjusted (non-GAAP) Operating Earnings of $2,944 million, versus $2,735 million for the full year 2024
Constellation said that the full year 2025 results reflect favorable market and portfolio conditions, higher IL banked ZEC Revenues, and favorable nuclear outages, partially offset by unfavorable nuclear PTC portfolio results
Discussing the 2025 results, Constellation said that it increased the annual per share dividend by 10%, "and expect to grow the dividend per share by another 10% in 2026."
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February 24, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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