Excelerate Energy, Inc. (EE) Income Statement
EE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEE revenue and net income
Where EE's revenue goes
2025Each bar shows an amount and its share of revenue. EE kept 3.2% of revenue as net income.
EE profit margins
EE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +44.3% | −20.8% | +23.3% | +3.8% |
| Gross profit | −3.1% | +15.0% | +17.5% | +2.8% |
| Operating income | +40.0% | +17.3% | +17.7% | +7.5% |
| Net income | +19.2% | +14.3% | +0.2% | −7.1% |
| EPS (diluted) | −29.0% | −24.4% | +10.6% | −2.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EE quarterly EPS vs estimates
Excelerate Energy beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.41).
EE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $851.4M | $1.16B | $2.47B | $888.6M | $430.8M | $544.4M | $903.6M | $916.8M | $886.9M |
| Cost of revenue | $832.9M | $443.4M | $746.6M | $2.21B | $688.1M | $254.6M | $334.9M | $564.0M | $556.8M | $542.2M |
| Gross profit | $395.4M | $408.1M | $412.4M | $259.7M | $200.4M | $176.2M | $209.5M | $339.6M | $360.0M | $344.7M |
| Sales, general & admin | $94.5M | $94.1M | $85.0M | $66.1M | $47.1M | $42.9M | $35.5M | — | — | — |
| Total operating expenses | $94.5M | $193.1M | $201.8M | $73.0M | $61.1M | $42.9M | $35.5M | $167.4M | $161.7M | $149.8M |
| Operating income | $300.9M | $215.0M | $210.6M | $186.7M | $139.3M | $133.3M | $174.0M | $172.2M | $198.3M | $194.9M |
| Interest income | $91.8M | $58.8M | $66.1M | $56.8M | $77.6M | $86.3M | $99.4M | — | — | — |
| Interest expense | $94.1M | $61.0M | $67.0M | $59.5M | $80.8M | $89.4M | $101.9M | $84.2M | $67.4M | $62.9M |
| Income before taxes | $194.9M | $179.1M | $160.1M | $108.3M | $62.4M | $46.8M | $62.0M | $110.7M | $149.3M | $150.7M |
| Income taxes | $27.9M | $26.1M | $33.2M | $28.3M | $21.2M | $13.9M | $13.7M | $26.4M | $51.0M | $53.9M |
| Net income | $39.2M | $32.9M | $30.4M | $26.3M | $41.1M | $38.8M | $54.8M | $84.3M | $98.3M | $96.8M |
| EBITDA | $418.5M | $339.1M | $356.1M | $296.9M | $271.6M | $252.8M | $267.8M | $350.3M | $368.9M | $358.9M |
| EPS (diluted) | $1.57 | $2.21 | $2.95 | $3.63 | −$0.44 | $0.95 | $2.86 | $2.06 | $2.42 | $2.39 |
| Gross margin | 32.2% | 47.9% | 35.6% | 10.5% | 22.6% | 40.9% | 38.5% | 37.6% | 39.3% | 38.9% |
| Operating margin | 24.5% | 25.3% | 18.2% | 7.5% | 15.7% | 30.9% | 32.0% | 19.1% | 21.6% | 22.0% |
| Net margin | 3.2% | 3.9% | 2.6% | 1.1% | 4.6% | 9.0% | 10.1% | 9.3% | 10.7% | 10.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $329.3M | $433.4M | $317.6M | $391.0M | $204.6M | $315.1M | $274.6M | $193.4M | $183.3M | $200.1M | $240.1M | $275.5M |
| Cost of revenue | $135.3M | $327.1M | $218.4M | $246.4M | $112.0M | $224.3M | $168.3M | $86.8M | $77.8M | $110.5M | $150.9M | $155.3M |
| Gross profit | $193.9M | $106.3M | $99.2M | $144.6M | $92.6M | $90.8M | $106.3M | $106.6M | $105.6M | $89.6M | $89.1M | $120.2M |
| Sales, general & admin | $24.3M | $24.3M | $28.2M | $23.4M | $21.5M | $21.4M | $23.5M | $23.8M | $25.3M | $21.6M | $24.1M | $19.5M |
| Total operating expenses | $113.0M | $24.3M | $28.2M | $57.4M | $49.2M | $25.0M | $46.1M | $46.9M | $55.7M | $44.5M | $49.3M | $52.7M |
| Operating income | $80.9M | $82.0M | $71.0M | $87.2M | $43.4M | $65.7M | $60.2M | $59.7M | $49.9M | $45.2M | $39.9M | $67.5M |
| Interest income | — | — | $27.1M | $27.6M | $23.3M | $13.7M | $14.3M | $14.6M | — | — | — | $18.1M |
| Interest expense | $27.2M | $27.6M | $27.8M | $28.1M | $23.9M | $14.3M | $14.8M | $15.1M | $15.5M | $15.6M | $16.9M | $17.5M |
| Income before taxes | $56.0M | $59.4M | $47.4M | $63.0M | $26.3M | $58.1M | $51.7M | $51.7M | $40.7M | $35.0M | $27.8M | $54.7M |
| Income taxes | $5.9M | $9.5M | $8.4M | $7.9M | $5.6M | $6.0M | $5.6M | $6.2M | $7.4M | $6.9M | $7.7M | $8.2M |
| Net income | $12.1M | $12.3M | $9.1M | $14.0M | $4.7M | $49.0M | $10.9M | $9.0M | $6.7M | $6.3M | $3.7M | $13.9M |
| EBITDA | $128.6M | $125.2M | $108.4M | $129.8M | $79.2M | $94.5M | $89.6M | $90.3M | $87.0M | $74.0M | $70.3M | $105.8M |
| EPS (diluted) | $0.37 | $0.37 | $0.29 | $0.45 | $0.34 | $0.49 | $0.40 | $0.42 | $0.31 | $1.08 | $0.14 | $0.43 |
| Gross margin | 58.9% | 24.5% | 31.2% | 37.0% | 45.3% | 28.8% | 38.7% | 55.1% | 57.6% | 44.8% | 37.1% | 43.6% |
| Operating margin | 24.6% | 18.9% | 22.4% | 22.3% | 21.2% | 20.9% | 21.9% | 30.9% | 27.2% | 22.6% | 16.6% | 24.5% |
| Net margin | 3.7% | 2.8% | 2.9% | 3.6% | 2.3% | 15.5% | 4.0% | 4.6% | 3.6% | 3.2% | 1.5% | 5.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EE's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EE financial results
In fiscal year 2025 (ended December 31, 2025), Excelerate Energy reported revenue of $1.2 billion, up 44.3% from the year before. It had net income of $39.2 million (up 19.2%), a net profit margin of 3.2%. Diluted earnings per share came to $1.57. Over five years revenue grew at an average rate of 23.3% a year.
See the EE stock overview for the latest quote and news, or the EE chart for price history and technical indicators.
EE income statement FAQ
What is Excelerate Energy's annual revenue?
Excelerate Energy reported total revenue of $1.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 44.3% from $851.4 million the previous year.
Is Excelerate Energy profitable?
Yes. Excelerate Energy reported net income of $39.2 million in fiscal 2025, a net profit margin of 3.2%; its operating margin was 24.5%.
What is Excelerate Energy's gross margin?
Excelerate Energy's gross margin was 32.2% in fiscal 2025: for every $100 of revenue, Excelerate Energy kept $32 after the direct cost of its products and services.
How fast is Excelerate Energy growing?
Revenue grew 23.3% a year on average over the last five fiscal years, from $430.8 million to $1.2 billion.
What are Excelerate Energy's earnings per share?
Excelerate Energy earned $1.57 per diluted share in fiscal 2025, compared with $2.21 a year earlier.
When will Excelerate Energy report its next earnings?
Excelerate Energy is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Excelerate Energy's fiscal year end?
Excelerate Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.