# Excelerate Energy, Inc.: overview

EE · NYSE · CIK 1888447 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ee.md) · [Financials](/companies/ee/financials.md) · [Filings](/companies/ee/filings.md) · [Insiders](/companies/ee/insiders.md)

Latest reported revenue: [$329.3m](/filings/0001193125-26-338466.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:Revenues, accession 0001193125-26-338466).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [193](/filings/0001193125-25-269776.md) | [275 d](/filings/0001193125-26-078407.md) | [315](/filings/0001193125-26-212193.md) | [205](/filings/0001193125-26-338466.md) | [391](/filings/0001193125-25-269776.md) | [318 d](/filings/0001193125-26-078407.md) | [433](/filings/0001193125-26-212193.md) | [329](/filings/0001193125-26-338466.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [30.9%](/filings/0001193125-25-269776.md) | [21.9% d](/filings/0001193125-26-078407.md) | [20.9%](/filings/0001193125-26-212193.md) | [21.2%](/filings/0001193125-26-338466.md) | [22.3%](/filings/0001193125-25-269776.md) | [22.2% d](/filings/0001193125-26-078407.md) | [18.9%](/filings/0001193125-26-212193.md) | [24.6%](/filings/0001193125-26-338466.md) |
| Net margin | % | [4.6%](/filings/0001193125-25-269776.md) | [4.0% d](/filings/0001193125-26-078407.md) | [3.6%](/filings/0001193125-26-212193.md) | [2.3%](/filings/0001193125-26-338466.md) | [3.6%](/filings/0001193125-25-269776.md) | [2.9% d](/filings/0001193125-26-078407.md) | [2.8%](/filings/0001193125-26-212193.md) | [3.7%](/filings/0001193125-26-338466.md) |
| Diluted EPS | $ per share | [0.35](/filings/0001193125-25-269776.md) | not reported | [0.46](/filings/0001193125-26-212193.md) | [0.15](/filings/0001193125-26-338466.md) | [0.43](/filings/0001193125-25-269776.md) | not reported | [0.37](/filings/0001193125-26-212193.md) | [0.37](/filings/0001193125-26-338466.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [889](/filings/0000950170-24-023104.md) | [2,473](/filings/0000950170-25-029147.md) | [1,159](/filings/0001193125-26-078407.md) | [851](/filings/0001193125-26-078407.md) | [1,228](/filings/0001193125-26-078407.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [15.7%](/filings/0000950170-24-023104.md) | [7.5%](/filings/0000950170-25-029147.md) | [18.2%](/filings/0001193125-26-078407.md) | [25.3%](/filings/0001193125-26-078407.md) | [21.7%](/filings/0001193125-26-078407.md) |
| Net margin | % | [0.0%](/filings/0000950170-24-023104.md) | [0.5%](/filings/0000950170-25-029147.md) | [2.6%](/filings/0001193125-26-078407.md) | [3.9%](/filings/0001193125-26-078407.md) | [3.2%](/filings/0001193125-26-078407.md) |
| Diluted EPS | $ per share | [0.00](/filings/0000950170-23-010373.md) | [0.51](/filings/0000950170-25-029147.md) | [1.11](/filings/0001193125-26-078407.md) | [1.27](/filings/0001193125-26-078407.md) | [1.28](/filings/0001193125-26-078407.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ee/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [George Kaiser Family Foundation](/funds/1265376.md) | 2026-06-30 | $298.4m | 7,854,167 |  | Unchanged |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $126.9m | 3,339,759 |  | Added +705,587 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $76.5m | 2,014,640 |  | Added +122,456 |
| [Copeland Capital Management, LLC](/funds/1541743.md) | 2026-06-30 | $75.0m | 1,973,585 |  | Added +388,967 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $46.8m | 1,230,722 |  | Reduced −59,443 |
| [TORTOISE CAPITAL ADVISORS, L.L.C.](/funds/1280965.md) | 2026-06-30 | $44.3m | 1,166,178 |  | Reduced −16,969 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $37.8m | 994,364 |  | Reduced −62,306 |
| [TimesSquare Capital Management, LLC](/funds/1313816.md) | 2026-06-30 | $36.1m | 950,222 |  | Added +278,280 |
| [Ranger Investment Management, L.P.](/funds/1319691.md) | 2026-06-30 | $34.7m | 912,300 |  | Added +15,259 |
| [KAYNE ANDERSON CAPITAL ADVISORS LP](/funds/949615.md) | 2026-06-30 | $25.2m | 664,577 |  | Added +18,042 |

## Recent filings

[All 238 filings](/companies/ee/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 21:25 ET | [10-Q](/filings/0001193125-26-338466.md) | Quarterly report, period 2026-06-30 | 0001193125-26-338466 |
| 2026-08-05 | 20:32 ET | [8-K](/filings/0001193125-26-335279.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-335279 |
| 2026-06-05 | 20:18 ET | [8-K](/filings/0001193125-26-259624.md) | 5.07 Shareholder vote results | 0001193125-26-259624 |
| 2026-05-07 | 20:43 ET | [10-Q](/filings/0001193125-26-212193.md) | Quarterly report, period 2026-03-31 | 0001193125-26-212193 |
| 2026-05-06 | 20:39 ET | [8-K](/filings/0001193125-26-209187.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-209187 |
| 2026-04-16 | 20:16 ET | [DEF 14A](/filings/0001193125-26-159047.md) | Proxy statement, period 2026-04-16 | 0001193125-26-159047 |
| 2026-02-27 | 01:47 ET | [10-K](/filings/0001193125-26-078407.md) | Annual report, period 2025-12-31 | 0001193125-26-078407 |
| 2026-02-25 | 21:19 ET | [8-K](/filings/0001193125-26-071670.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-071670 |
| 2025-11-06 | 21:36 ET | [10-Q](/filings/0001193125-25-269776.md) | Quarterly report, period 2025-09-30 | 0001193125-25-269776 |
| 2025-11-05 | 21:18 ET | [8-K](/filings/0001193125-25-267007.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-25-267007 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-078407.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1864ba05-d60b-4fa9-ac6f-12b0d2db5e82)

## About the filer

- CIK: 1888447
- Tickers: EE
- Exchange: NYSE
- SIC code: 4924 Natural Gas Distribution
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:49 ET. No prices; not investment advice.