Business Wire·Nov 9, 2026, 6:49 AM ET

Constellation Reports Third Quarter 2026 Results

Constellation Energy reported third quarter 2026 GAAP Net Income of $5.19 per share & Adjusted (non-GAAP) Operating Earnings of $5.06 per share.
The company raised its full-year Adjusted (non-GAAP) Operating Earnings guidance midpoint to $12.50 per share with a new range of $12.50 to $12.80 per share.
Constellation agreed to acquire Rhode Island State Energy Center for $715 million, a 609 MW natural gas facility subject to regulatory approvals.
A 20-year, 690 MW power purchase agreement was signed with Amazon to support over $3 billion in investment & expansion at the Calvert Cliffs Clean Energy Center.
A 20-year collaboration with Google was established to enable over $4.3 billion in nuclear uprates across 11 units, adding approximately 890 MW of capacity to the PJM grid.
A conditional DOE loan commitment for up to $5 billion was secured to fund nuclear uprates with a 30-year term & fixed interest rates.
A 20-year Peak+ agreement was signed for 270 MW of energy, capacity, & nuclear attributes to begin in 2028.
Nuclear fleet production reached 46,677 GWh in the third quarter of 2026, with an ownership capacity factor of 97.2% excluding Salem & South Texas Project.
The natural gas, oil, & renewables fleet recorded an Equivalent Forced Outage Factor of 5.9% in the third quarter of 2026.
Renewable energy capture for wind, solar, & run-of-river hydro was 96.4% in the third quarter of 2026.