Constellation Energy (CEG) Posts a 64% Revenue Jump and Raises Its Full-Year Outlook
Key takeaways
- On May 11, Constellation Energy Corporation (NASDAQ:CEG) reported its Q1 FY2026 financial results, in which it posted adjusted operating earnings of $2.74 per share against the $2.54 that Wall Street expected.
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- According to management, this revenue jump was driven almost entirely by the addition of Calpine Corporation, a major natural gas power generator that Constellation acquired in early 2026.
Constellation Energy (CEG) Posts a 64% Revenue Jump and Raises Its Full-Year Outlook Neha Gupta Fri, May 15, 2026 at 10:45 PM GMT+7 2 min read CEG Constellation Energy Corporation (NASDAQ:CEG) is one of the best uranium stocks to buy according to Wall Street analysts. On May 11, Constellation Energy Corporation (NASDAQ:CEG) reported its Q1 FY2026 financial results, in which it posted adjusted operating earnings of $2.74 per share against the $2.54 that Wall Street expected. Quarterly revenue came in at $11.1 billion, a massive 64% year over year jump, and well ahead of the forecasted $8.5 billion.
Copyright: tomas1111 / 123RF Stock Photo
According to management, this revenue jump was driven almost entirely by the addition of Calpine Corporation, a major natural gas power generator that Constellation acquired in early 2026. This new unit brought in a large new fleet of gas, solar, and other assets onto Constellation’s books for the first time.