OGLETHORPE POWER CORP Financial Statements (2026 and earlier)

Company Profile

Business Address	2100 EAST EXCHANGE PL TUCKER, GA 30085-1349
State of Incorp.	GA
Fiscal Year End	December 31
Industry (SIC)	4911 - Electric Services (benchmarking)
More info	Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

	3/31/2026 MRQ	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments		331	462	635	657	579	406
Cash and cash equivalent		251	338	491	595	579	406
Short-term investments		80	125	144	62
Restricted cash and investments		1	1		104	246	181
Receivables		397	247	202	220	160	152
Inventory, net of allowances, customer advances and progress billings		373	356	337	298	261	280
Inventory		373	356	337	298	261	280
Other undisclosed current assets		45	44	18	51	62	34
Total current assets:		1,147	1,110	1,192	1,331	1,308	1,053
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization		14	19	24	30	35	40
Operating lease, right-of-use asset		7	8	7	3	2	3
Long-term investments and receivables		1,642	1,492	1,450	1,322	1,553	1,527
Long-term investments		1,642	1,492	1,450	1,322	1,553	1,527
Regulated entity, other noncurrent assets		1,024	1,104	1,131	1,212	1,009	731
Deferred costs		8	7	6	5	6	5
Other undisclosed noncurrent assets		13,307	12,738	12,716	12,587	11,794	10,881
Total noncurrent assets:		16,003	15,368	15,333	15,158	14,399	13,187
TOTAL ASSETS:		17,150	16,478	16,525	16,489	15,707	14,240
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities		340	220	224	309	279	235
Interest and dividends payable	✕	✕	✕	✕	✕	96	72
Accounts payable		248	139	117	204	182	162
Accrued liabilities		91	81	106	105
Deferred revenue		28	31	31	54	26	46
Debt		851	545	992	978	1,377	592
Other liabilities		215	141	111	154	36	69
Total current liabilities:		1,435	936	1,358	1,495	1,718	942
Noncurrent Liabilities
Long-term debt and lease obligation		12,087	12,167	11,645	11,565	10,591	10,370
Long-term debt, excluding current maturities		12,066	12,134	11,601	11,513	10,529	10,298
Finance lease, liability		22	33	44	53	61	69
Liabilities, other than long-term debt		2,205	2,008	2,229	2,206	2,240	1,832
Deferred revenue		38	54	47	54	80	98
Asset retirement obligations		1,281	1,279	1,459	1,344	1,287	1,136
Regulatory liability		870	662	706	792	849	566
Other liabilities		16	13	17	16	24	31
Operating lease, liability							2
Other undisclosed noncurrent liabilities		(12,087)	(12,167)	(11,645)	(11,565)	(10,591)	(10,370)
Total noncurrent liabilities:		2,205	2,008	2,229	2,206	2,240	1,832
Total liabilities:		3,639	2,944	3,587	3,702	3,958	2,773
Equity
Other undisclosed liabilities and equity		13,511	13,533	12,937	12,788	11,749	11,467
TOTAL LIABILITIES AND EQUITY:		17,150	16,478	16,525	16,489	15,707	14,240

Income Statement (P&L) ($ in millions)
Annual | Quarterly

	3/31/2026 TTM	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenues		2,541	2,182	1,740	2,130	1,605	1,378
Gross profit:		2,541	2,182	1,740	2,130	1,605	1,378
Operating expenses		(59)	(69)	(66)	(56)	(56)	(54)
Other undisclosed operating loss		(1,946)	(1,629)	(1,397)	(1,880)	(1,354)	(1,105)
Operating income:		537	483	277	194	194	218
Nonoperating income		44	67	81	72	71	51
Other nonoperating income		7	8	8	12	23	5
Interest and debt expense		(526)	(480)	(292)	(205)	(208)	(213)
Income from continuing operations:		55	71	66	62	58	56
Income before gain (loss) on sale of properties:	✕	✕	✕	✕	✕	58	56
Net income available to common stockholders, diluted:		55	71	66	62	58	56

Comprehensive Income ($ in millions)
Annual | Quarterly

		3/31/2026 TTM	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
	Net income:		55	71	66	62	58	56
	Comprehensive income, net of tax, attributable to parent:		55	71	66	62	58	56

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Financial Reporting
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OGLETHORPE POWER CORP Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

Income Statement (P&L) ($ in millions)
Annual | Quarterly

Comprehensive Income ($ in millions)
Annual | Quarterly

Statements Sources

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OGLETHORPE POWER CORP Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly

Income Statement (P&L) ($ in millions)Annual | Quarterly

Comprehensive Income ($ in millions)Annual | Quarterly

Statements Sources

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Financial Reporting
and Analysis Software

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

Income Statement (P&L) ($ in millions)
Annual | Quarterly

Comprehensive Income ($ in millions)
Annual | Quarterly