Companies /Utilities

Dominion Energy Inc

NYSE: D Utilities - Regulated Electric
$64.26
▲ $0.75 (+1.18%) today
Markets closed · 5:42pm ET

Q2 2026 Earnings

Reported Jul 31, 2026, 7:31am ET · SEC source
$0.79
Beat +15.41%
EPS · est. $0.68
$4.5B
Beat +9.58%
Revenue · est. $4.1B
−6.0%
Trailing market
D vs S&P since report
7 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−2.1%−1.4%−0.7%0Jul 31Jul 31report 7:31am ETearnings+0.1%−2.1%
−2.1%−1.4%−0.7%0Jul 31Jul 31earnings+0.1%−2.1%
D −2.1%S&P 500 +0.1%
−2.1%−1.4%−0.7%0Jul 31Jul 31report 7:31am ETearnings−0.8%−2.1%
−2.1%−1.4%−0.7%0Jul 31Jul 31earnings−0.8%−2.1%
D −2.1%NASDAQ −0.8%
−6%−3%0+3%Jul 30Aug 7report 7:31am ETearnings+3.7%−4.6%
−6%−3%0+3%Jul 30Aug 7earnings+3.7%−4.6%
D −4.6%S&P 500 +3.7%
−4%0+4%Jul 30Aug 7report 7:31am ETearnings+4.6%−4.6%
−4%0+4%Jul 30Aug 7earnings+4.6%−4.6%
D −4.6%NASDAQ +4.6%
−0.80%
Day of report
−0.61%
Next session
−2.57%
One week
−4.03%
30 days

S&P 500 over the same 30 days: +1.97%.

Did D Beat Earnings? Q2 2026 Results

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.

Key Takeaways
  • 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

Forward Guidance & 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

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$2.0B$4.0B$3.8B$4.5BRevenue$1.1B$329.0MOperating Income$759.9M$340.0MNet Income
$0$2.0B$4.0BRevenueOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.