Excelerate Energy (EE) financial statements
Excelerate Energy reported revenue of $1.2B in fiscal 2025, up 23.3% a year over 5 years.
Net income was $39M and the operating margin 21.7%, against 30.9% in 2020.
The diluted share count rose 17% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Excelerate Energy's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $431M | $889M | $2.5B | $1.2B | $851M | $1.2B |
| Selling, general and admin | $43M | $47M | $66M | $87M | $94M | $94M |
| Operating income | $133M | $139M | $187M | $211M | $215M | $267M |
| Pre-tax income | $47M | $62M | $108M | $160M | $179M | $195M |
| Income tax | $14M | $21M | $28M | $33M | $26M | $28M |
| Net income | $0 | $0 | $13M | $30M | $33M | $39M |
| EPS (diluted) | $0.00 | $0.00 | $0.51 | $1.11 | $1.27 | $1.28 |
| Diluted shares | 0M | 0M | 26M | 108M | 26M | 31M |
| Operating margin | 30.9% | 15.7% | 7.5% | 18.2% | 25.3% | 21.7% |
| Net margin | 0.0% | 0.0% | 0.5% | 2.6% | 3.9% | 3.2% |
Balance sheet
Fiscal years, from Excelerate Energy's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $110M | $73M | $517M | $556M | $538M | $538M |
| Receivables | — | $261M | $82M | $97M | $120M | $83M |
| Inventory | — | $105M | $174M | $3M | $24M | $27M |
| Total current assets | — | $490M | $824M | $700M | $754M | $753M |
| Property, plant and equipment | — | $1.4B | $1.5B | $1.6B | $1.6B | $2.1B |
| Goodwill | — | — | — | — | $0 | $235M |
| Total assets | — | $2.5B | $2.9B | $2.9B | $2.9B | $4.1B |
| Total current liabilities | — | $520M | $392M | $204M | $216M | $310M |
| Long-term debt | — | $214M | $193M | $333M | $287M | $913M |
| Total liabilities | — | $1.5B | $1.2B | $1.1B | $995M | $1.9B |
| Shareholders' equity | $771M | $1.0B | $1.7B | $1.8B | $1.9B | $2.2B |
| Net debt | -$110M | $161M | -$302M | -$180M | -$204M | $398M |
Cash flow
Fiscal years, from Excelerate Energy's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $109M | $142M | $225M | $232M | $244M | $461M |
| Stock-based compensation | — | — | $956,000 | $4M | $7M | $12M |
| Dividends paid | $0 | $0 | $1M | $3M | $3M | $9M |
| Net borrowing | -$28M | -$29M | -$20M | -$87M | -$45M | -$187M |
| Dividends per share | — | — | $0.05 | $0.02 | $0.13 | $0.28 |
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What was Excelerate Energy's revenue in 2025?
$1.2B in fiscal 2025, from its 10-K filing.
From Excelerate Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.