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EXCELERATE ENERGY, INC.

CIK: 1888447 SIC: 4924
$1.23B
Revenue
$39.20M
Net Income
-
Gross Margin
21.71%
Op. Margin
$857.97M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 4 of 4 annual reports available (2022 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
+ Total Revenue $1.23B $1.23B $851.44M $1.16B $2.47B
Revenue Growth % 0.0% 44.3% -26.5% -53.1% nan%
Operating Expenses $961.57M $961.57M $636.44M $948.36M $2.29B
+ Operating Income $266.69M $266.69M $215.00M $210.60M $186.69M
Operating Margin % 21.7% 21.7% 25.3% 18.2% 7.5%
Interest Expense - $79.74M $58.12M $60.78M -
Other Income/Expense $20.02M $20.02M $22.91M $15.60M $312.00K
Income Before Tax $194.91M $194.91M $179.13M $160.09M $108.32M
Income Tax Expense $27.89M $27.89M $26.10M $33.25M $28.33M
+ Net Income $39.20M $39.20M $32.88M $30.41M $13.32M
Net Margin % 3.2% 3.2% 3.9% 2.6% 0.5%
Basic EPS 1.35 1.31 1.29 1.16 0.51
Diluted EPS 1.31 1.28 1.27 1.11 0.51
Basic Shares Outstanding - 29.9M 25.4M 26.3M 26.3M
Diluted Shares Outstanding - 30.6M 25.8M 108.3M 26.3M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
Cash & Cash Equivalents $538.23M $537.52M $555.85M $516.66M
Accounts Receivable $82.71M $119.96M $97.28M $79.69M
Inventory $27.07M $23.93M $2.95M $173.60M
Other Current Assets $90.31M $50.71M $24.41M $35.03M
Total Current Assets $753.37M $754.28M $699.61M $823.53M
Property Plant & Equipment $2.13B $1.62B $1.65B $1.46B
Goodwill $234.99M - - -
Intangible Assets $359.22M - - -
Other Non-current Assets $88.34M $68.01M $42.99M $26.34M
Total Assets $4.13B $2.88B $2.86B $2.87B
Accounts Payable $46.57M $7.13M $13.76M $94.77M
Deferred Revenue $57.13M $58.19M $27.17M $144.81M
Total Current Liabilities $310.06M $216.10M $203.76M $391.51M
Long-term Debt $936.31M $333.55M $333.37M $193.40M
Deferred Tax Liabilities $64.65M - - -
Other Non-current Liabilities $36.98M $31.84M $38.50M $32.95M
Total Liabilities $1.90B $994.71M $1.05B $1.17B
Retained Earnings $102.64M $72.32M $39.75M $12.01M
Treasury Stock $54.98M $52.38M $472.00K -
Total Stockholders Equity $2.23B $1.89B $1.81B $1.70B
Total Liabilities & Equity $4.13B $2.88B $2.86B $2.87B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
Depreciation & Amortization $111.32M $111.32M $98.94M $114.32M $97.31M
Deferred Income Tax $4.60M $3.00M $3.82M $-3.32M $2.25M
Change in Receivables $-201.56M $-82.95M $21.15M $20.99M $-197.90M
Change in Inventory - - - $-169.66M $68.58M
Operating Cash Flow $857.97M $461.21M $244.44M $231.88M $225.09M
Acquisitions - $1.02B - - -
Investing Cash Flow $-2.35B $-1.18B $-113.26M $-308.63M $-119.27M
Debt Repayment $373.49M $186.99M $44.57M $22.00M $20.31M
Stock Issued - $201.83M - - $412.15M
Dividends Paid $13.35M $8.51M $3.36M $2.63M $1.31M
Financing Cash Flow $1.47B $723.14M $-149.02M $111.36M $341.18M
Net Change in Cash $-25.28M $2.02M $-17.96M $34.49M $447.01M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $391.04M - $910.69M -
Operating Expenses $303.82M - $714.37M -
Operating Income $87.22M - $196.32M -
Other Income/Expense $3.40M - $15.84M -
Income Before Tax $62.98M - $147.47M -
Income Tax Expense $7.94M - $19.54M -
Net Income $13.95M - $30.07M -
Basic EPS 0.44 - 1.03 -
Diluted EPS 0.43 - 1.01 -
Basic Shares Outstanding $32.00M - $29.16M -
Diluted Shares Outstanding $32.69M - $29.88M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $462.62M $537.52M
Accounts Receivable $119.38M $119.96M
Other Current Assets $64.88M $50.71M
Total Current Assets $694.68M $754.28M
Property Plant & Equipment $2.13B $1.62B
Goodwill $244.99M -
Intangible Assets $363.05M -
Other Non-current Assets $84.69M $63.45M
Total Assets $4.10B $2.88B
Accounts Payable $51.13M $7.13M
Deferred Revenue $33.18M $58.19M
Total Current Liabilities $291.04M $216.10M
Long-term Debt $918.82M $286.76M
Other Non-current Liabilities $94.17M $28.39M
Total Liabilities $1.90B $994.71M
Retained Earnings $96.18M $72.32M
Treasury Stock $54.78M $52.38M
Total Stockholders Equity $2.20B $1.89B
Total Liabilities & Equity $4.10B $2.88B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Depreciation & Amortization $31.76M - $78.92M -
Deferred Income Tax - - $2.47M -
Change in Receivables - - $-45.61M -
Operating Cash Flow - - $356.82M -
Acquisitions - - $1.05B -
Investing Cash Flow - - $-1.18B -
Debt Repayment - - $180.33M -
Stock Issued - - $201.83M -
Dividends Paid - - $5.95M -
Financing Cash Flow - - $747.85M -
Net Change in Cash - - $-72.71M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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