Excelerate Energy, Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
EE$37.54+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Balance Sheets
Consolidated Balance Sheets
As of March 31, 2026 and December 31, 2025
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS · (In thousands) | ||
| Current assets | ||
| Cash and cash equivalents | $540,143 | $538,234 |
| Current portion of restricted cash | 4,188 | 3,239 |
| Accounts receivable, net | 92,728 | 82,714 |
| Current portion of net investments in sales-type leases | 34,302 | 38,870 |
| Other current assets | 95,833 | 90,308 |
| Total current assets | 767,194 | 753,365 |
| Restricted cash | 15,278 | 15,045 |
| Property and equipment, net | 2,129,786 | 2,132,045 |
| Intangible assets, net | 355,309 | 359,221 |
| Goodwill | 238,468 | 234,994 |
| Operating lease right-of-use assets | 162,317 | 167,188 |
| Net investments in sales-type leases | 331,205 | 337,944 |
| Investments in equity method investee | 18,883 | 18,095 |
| Deferred tax assets, net | 24,040 | 25,224 |
| Other assets | 92,619 | 88,340 |
| Total assets | $4,135,099 | $4,131,461 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $8,231 | $46,570 |
| Accrued liabilities and other liabilities | 161,484 | 123,027 |
| Current portion of deferred revenues | 42,065 | 57,135 |
| Current portion of long-term debt | 23,708 | 23,521 |
| Current portion of long-term debt – related party | 9,872 | 10,521 |
| Current portion of operating lease liabilities | 24,717 | 23,904 |
| Current portion of finance lease liabilities | 25,363 | 25,382 |
| Total current liabilities | 295,440 | 310,060 |
| Long-term debt, net | 908,314 | 912,788 |
| Long-term debt, net – related party | 148,710 | 151,431 |
| Operating lease liabilities | 133,802 | 138,744 |
| Finance lease liabilities | 138,569 | 144,608 |
| TRA liability | 51,122 | 51,122 |
| Asset retirement obligations | 63,633 | 62,799 |
| Long-term deferred revenues | 28,654 | 29,196 |
| Deferred tax liability | 65,276 | 64,654 |
| Other long-term liabilities | 46,406 | 36,981 |
| Total liabilities | $1,879,926 | $1,902,383 |
| Commitments and contingencies (Note 20) | ||
| Class A Common Stock ($0.001 par value, 300,000,000 shares authorized, 35,170,045 shares issued as of March 31, 2026 and 34,710,832 shares issued as of December 31, 2025) | 35 | 35 |
| Class B Common Stock ($0.001 par value, 150,000,000 shares authorized and 82,021,389 shares issued and outstanding as of March 31, 2026 and December 31, 2025) | 82 | 82 |
| Additional paid-in capital | 649,452 | 634,811 |
| Retained earnings | 112,226 | 102,640 |
| Accumulated other comprehensive loss | (1,013) | (112) |
| Treasury stock (3,078,888 shares as of March 31, 2026 and 2,685,679 shares as of December 31, 2025) | (69,677) | (54,981) |
| Non-controlling interests | 1,564,068 | 1,546,603 |
| Total equity | 2,255,173 | 2,229,078 |
| Total liabilities and equity | $4,135,099 | $4,131,461 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.