Q2 26 EPS
$0.79
BEAT +15.41%
Est. $0.68
Q2 26 Revenue
$4.48B
BEAT +9.58%
Est. $4.09B
vs S&P Since Q2 26
-7.2%
TRAILING MARKET
D -3.7% vs S&P +3.5%
Market Reaction
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 conse… Read more 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
D 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, source: SEC Filings
D Earnings Trends
D vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
D EPS Trend
Earnings per share: estimate vs actual
D Revenue Trend
Quarterly revenue: estimate vs actual
D Quarterly Results
7 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.68 | $0.79 | +15.41% | $4.48B | +9.58% |
| Q1 26 BEAT | $0.91 | $0.95 | +4.37% | $5.02B | +13.45% |
| Q4 25 BEAT FY | $0.67 | $0.68 | +1.40% | $4.09B | +9.97% |
| FY Full Year | — | $3.42 | — | $16.51B | — |
| Q3 25 BEAT | $0.95 | $1.06 | +11.84% | $4.53B | +6.52% |
| Q2 25 BEAT | $0.68 | $0.75 | +10.68% | $3.81B | +4.32% |
| Q1 25 BEAT | $0.76 | $0.93 | +23.16% | $4.08B | +7.96% |
| Q4 24 BEAT FY | $0.55 | $0.58 | +4.60% | $3.40B | -13.73% |
| FY Full Year | — | $2.77 | — | $14.46B | — |