Dominion Energy (D) Q2 2026 Earnings
How Did D Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +1.97%.
Did D Beat Earnings? Q2 2026 Results
Yes. Dominion Energy reported Q2 2026 earnings of $0.79 a share on Jul 31, 2026, beating the $0.68 consensus estimate by 15.4%. Revenue was $4.5B against a $4.1B estimate.
Dominion Energy delivered a stronger-than-expected second quarter, posting non-GAAP operating earnings of $0.79 per share and handily clearing the $0.68 analyst consensus by 15.41%, extending the company's streak of beating EPS estimates to six consecutive quarters. Revenue climbed to $4.48 billion, up 17.6% year over year and ahead of the $4.09 billion consensus by 9.58%, with the Dominion Energy Virginia segment serving as the primary engine, contributing $670 million in operating earnings versus $549 million a year ago, lifted by favorable Biennial Review impacts and higher rider equity returns. The headline results carry an important asterisk, however: GAAP net income fell sharply to $340 million, or $0.37 per share, from $760 million a year ago, weighed down by $626 million in nonregulated asset impairments including a significant write-down of renewable natural gas facilities. Looming over the entire report is the proposed $66.8 billion merger with NextEra Energy, where regulatory scrutiny across multiple states remains a key variable for investors. Management reaffirmed full-year 2026 operating earnings guidance of $3.45 to $3.69 per share, with a midpoint of $3.57.
- Dominion Energy Virginia operating earnings increased by $121 million quarter-over-quarter driven by 2025 Biennial Review impacts ($105M), rider equity return ($79M), and customer usage and other factors ($23M)
- Higher electric fuel and other energy-related purchases of $1,315M vs $946M year-over-year
- Nuclear production tax credits contributed $15M increase
- Contracted Energy margin increased by $28M
What Is Dominion Energy's Outlook?
Dominion Energy reaffirmed its full-year 2026 operating earnings guidance range of $3.45 to $3.69 per share, with a midpoint of $3.57 per share. The company also reaffirmed all financial guidance provided on its fourth quarter 2025 earnings call, including operating earnings, credit, dividend, and long-term growth guidance.
D YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $4.5B | $3.8B | +17.6% |
| Operating Income | $329.0M | $1.1B | −70.0% |
| Net Income | $340.0M | $759.9M | −55.3% |
When Does Dominion Energy Report Next?
Figures from SEC filings and company reports. Not investment advice.