Exelon Corporation EXC
Revenue Intelligence Report • 17 quarters of SEC filing data • Updated 2026-03-15
Exelon Corporation has a forecasted full-year revenue of $5.6B, a -69.8% year-over-year change, based on 17 quarters of SEC filing data. Key revenue drivers include SG&A ($0.83 per $1). The ARDL model has 28.3% MAPE.
Investment Thesis
At 28.3% MAPE, the model captures Exelon Corporation's broad revenue trajectory, though quarterly variability suggests sensitivity to external factors. Each $1 of SG&A spending generates $0.83 in revenue, reflecting strong commercial efficiency.
Next FY Revenue
$5.64B
-69.8% YoY
SG&A Multiplier
$0.83 per $1
Model Accuracy
28.3% MAPE
Holdout validation: The model predicted $4.4B vs the actual $5.3B — an error of 17.8%.
Note:
Exelon Corporation does not report R&D expenses separately. This analysis uses SG&A spending only.
Investor insight:
Actual revenue ($5.3B) came in 18% above the spending-based forecast ($4.4B). This suggests that Exelon Corporation's recent revenue growth is driven significantly by external demand factors — such as market pricing, product cycle tailwinds, or structural demand shifts — beyond what its R&D and SG&A spending alone would predict.
Revenue Forecast
Quarterly Detail
| Quarter | Model Forecast | Actual | 95% Range | YoY Growth | Status |
|---|---|---|---|---|---|
| Q2 2022 | $4.4B | $5.3B | $-2.2B – $11B | -5.5% | ✓ In range |
| Q3 2022 | $2.2B | $-7.1B – $12B | -44.3% | ||
| Q4 2022 | $1.6B | $-9.8B – $13B | -67.1% | ||
| Q1 2023 | $1.2B | $-12B – $14B | -73.0% | ||
| Q2 2023 | $0.6B | $-14B – $15B | -88.7% |
How Spending Drives Revenue
Reading this chart:
Each line shows the cumulative revenue generated per $1 spent over subsequent quarters. The effect builds over 4-5 quarters as investments mature.
Want this analysis for your portfolio?
I build custom revenue intelligence reports for investors and companies using SEC filing data, econometric modeling, and AI-powered insights.
Get in Touch