Excelerate Energy, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.2B | $851.4M | $1.2B | $2.5B | $888.6M |
| Operating expenses | $961.6M | $636.4M | $948.4M | $2.3B | $749.2M |
| Operating income | $266.7M | $215.0M | $210.6M | $186.7M | $139.3M |
| Pretax income | $194.9M | $179.1M | $160.1M | $108.3M | $62.4M |
| Income tax expense | $27.9M | $26.1M | $33.2M | $28.3M | $21.2M |
| Net income | $39.2M | $32.9M | $30.4M | $13.3M | $0 |
| Balance Sheet | |||||
| Cash and equivalents | $538.2M | $537.5M | $555.9M | $516.7M | $72.8M |
| Current assets | $753.4M | $754.3M | $699.6M | $823.5M | $490.4M |
| Total assets | $4.1B | $2.9B | $2.9B | $2.9B | $2.5B |
| Current liabilities | $310.1M | $216.1M | $203.8M | $391.5M | $520.2M |
| Total liabilities | $1.9B | $994.7M | $1.1B | $1.2B | $1.5B |
| Total debt | $951.6M | $338.6M | $383.2M | $219.8M | $240.1M |
| Stockholders' equity | $2.2B | $1.9B | $1.8B | $1.7B | $1.0B |
| Cash Flow Statement | |||||
| Cash from operations | $461.2M | $244.4M | $231.9M | $225.1M | $141.6M |
| Depreciation and amortization | $111.3M | $98.9M | $114.3M | $97.3M | $104.9M |
| Stock-based compensation | $12.0M | $7.2M | $3.6M | $956,000 | — |
| Capital expenditure | $163.0M | $113.3M | $312.7M | $119.3M | $36.1M |
| Free cash flow | $298.2M | $131.2M | -$80.8M | $105.8M | $105.5M |
| Dividends paid | $8.5M | $3.4M | $2.6M | $1.3M | $0 |
| Impairments | $0 | $0 | — | — | $0 |
Shares outstanding 113.9M
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.