Q3 25 EPS
$1.06
BEAT +11.84%
Est. $0.95
Q3 25 Revenue
$4.53B
BEAT +6.52%
Est. $4.25B
vs S&P Since Q3 25
+13.0%
BEATING MARKET
D +20.5% vs S&P +7.5%
Market Reaction
Did D Beat Earnings? Q3 2025 Results
Dominion Energy delivered a decisive beat in the third quarter of 2025, posting operating earnings of $1.06 per share against a consensus estimate of $0.95, a gap of 11.84%, while revenue of $4.53 billion cleared expectations by 6.52% and grew 14.9% … Read more Dominion Energy delivered a decisive beat in the third quarter of 2025, posting operating earnings of $1.06 per share against a consensus estimate of $0.95, a gap of 11.84%, while revenue of $4.53 billion cleared expectations by 6.52% and grew 14.9% from $3.94 billion a year ago. The standout driver behind the upside was Dominion's Contracted Energy segment, which nearly doubled its operating earnings to $165 million from $83 million, powered by renewable energy investment and production tax credits tied to the company's expanding clean energy portfolio. Virginia and South Carolina utility operations also contributed, with South Carolina benefiting from $40 million in rate case impacts and steady customer usage growth. GAAP net income climbed to $1.01 billion, or $1.16 per share, compared to $934 million, or $1.09 per share, in the prior-year period. Looking ahead, Dominion narrowed its full-year 2025 operating earnings guidance to $3.33 to $3.48 per share, preserving the $3.40 midpoint, and reaffirmed long-term EPS growth of 5% to 7% through 2029, even as analysts maintain a cautious consensus stance on the stock.
Key Takeaways
- • Rider equity return increase of $135 million in Dominion Energy Virginia
- • Customer usage and other factors contributed $54 million in Dominion Energy Virginia
- • Base and RSA rate case impacts of $40 million in Dominion Energy South Carolina
- • Renewable energy investment tax credits of $41 million in Contracted Energy
- • Renewable energy production tax credits of $29 million in Contracted Energy, including $25 million from renewable natural gas facilities
- • Sale of noncontrolling interest reduced Dominion Energy Virginia contribution by $86 million
- • Weather impact was a $40 million headwind at Dominion Energy Virginia
D YoY Financials
Q3 2025 vs Q3 2024, 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
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| 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 | — |