HighGravityDataExelon — Feb 12, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001109357-26-000014
Showing in the filing
Adjusted (non-GAAP) operating earnings
“$2.81-$2.91 per share”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Capital expenditures
“$41.3 billion”
Operating EPS compounded annual growth for the long term
“near the top end of 5-7%”
Equity to fund capital expenditures
“$3.4 billion”
Equity to fund capital expenditures under 4-… for the long term
“$3.4 billion”
Equity share of incremental capital funding … for the long term
“approximately 40% equity”
Annualized equity needs
“$850 million”
Percentage of 2026 equity needs priced under… for FY2026
“82%”
Rate base growth
“7.9%”
Adjusted (non-GAAP) operating earnings for FY2026
“$2.81-$2.91 per share”
Quarterly dividend for Q1 FY2026
“$0.42 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
___________ 1 Exelon’s four business units include ComEd, which consists of electricity transmission and distribution operations in northern Illinois; PECO, which consists of electricity transmission and distribution operations and retail natural gas distribution operations in southeastern Pennsylvania; BGE, which consists of electricity transmission and distribution operations and retail natural gas distribution operations in central Maryland; and PHI, which consists of electricity transmission and distribution operations in the District of Columbia and portions of Maryland, Delaware, and New Jersey and retail natural gas distribution operations in northern Delaware. 3 Initiates Annual Guidance for 2026 Exelon introduced a guidance range for 2026 Adjusted (non-GAAP) operating earnings of $2.81-$2.91 per share. There are no adjustments between 2026 projected GAAP earnings and Adjusted (non-GAAP) operating earnings currently. Recent Developments and Fourth Quarter Highlights • Dividend: On February 12, 2026, Exelon's Board of Directors declared a regular quarterly dividend of $0.42 per share on Exelon's common stock. The dividend is payable on March 13, 2026, to Exelon shareholders of record as of the close of business on March 2, 2026. • Rate Case Developments: ◦ ComEd Multi-Year Rate Plan Reconciliation: On December 18, 2025, the Illinois Commerce Commission (ICC) issued a final order on the ComEd 2024 Multi-Year Rate Plan Reconciliation. The ICC approved a total requested revenue requirement increase of $243 million, with rates effective on January 1, 2026. ◦ BGE Multi-Year Plan Reconciliation: The Maryland Public Service Commission (MDPSC) approved BGE to recover $77 million of under-collections related to its 2023 reconciliation request, with rates effective February 1, 2026. The MDPSC also provided for $28 million of additional regulatory assets. ◦ DPL Delaware Electric Distribution Base Rate Case: On December 9, 2025, DPL Delaware filed an application the Delaware Public Service C
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.