Q4 25 EPS
$0.68
BEAT +1.40%
Est. $0.67
Q4 25 Revenue
$4.09B
BEAT +9.97%
Est. $3.72B
vs S&P Since Q4 25
+3.1%
BEATING MARKET
D +9.8% vs S&P +6.7%
Full Year 2025 Results
FY 25 EPS
$3.42
FY 25 Revenue
$16.51B
Market Reaction
Did D Beat Earnings? Q4 2025 Results
Dominion Energy closed out 2025 with a fourth-quarter earnings beat that extended its winning streak to four consecutive quarters, posting adjusted EPS of $0.68 against a consensus estimate of $0.67 and revenue of $4.09 billion that ran nearly 10% ah… Read more Dominion Energy closed out 2025 with a fourth-quarter earnings beat that extended its winning streak to four consecutive quarters, posting adjusted EPS of $0.68 against a consensus estimate of $0.67 and revenue of $4.09 billion that ran nearly 10% ahead of the $3.72 billion analysts had expected. Revenue surged 20.4% from the year-ago period's $3.40 billion, reflecting broad-based growth across the company's regulated utility platform. A standout contributor to the quarter's strength was Dominion Energy Virginia, where rider equity returns added $96 million to operating earnings, complemented by customer usage growth and favorable weather. Full-year 2025 operating earnings reached $2.97 billion, or $3.42 per share, compared to $2.39 billion, or $2.77 per share, in 2024. Looking ahead, management issued 2026 operating EPS guidance of $3.45 to $3.69, with a midpoint of $3.57, and extended its 5% to 7% annual EPS growth target through 2030, with a bias toward the upper half of that range for 2028 through 2030, underpinned by a substantially expanded $64.7 billion five-year capital spending plan targeting surging electricity demand from data centers.
Key Takeaways
- • Rider equity return contributed $96M increase in Q4 for Dominion Energy Virginia
- • Customer usage and other factors added $42M in Q4 for Dominion Energy Virginia
- • Planned Millstone outage timing benefit of $53M in Q4 for Contracted Energy
- • Renewable energy production tax credits contributed $44M in Q4 for Contracted Energy
- • Renewable energy investment tax credits contributed $21M in Q4 for Contracted Energy
- • Margin improvement of $27M in Contracted Energy
- • Weather contributed $16M positive impact for Dominion Energy Virginia in Q4
- • Base & RSA rate case impacts of $3M for Dominion Energy South Carolina in Q4
- • Full-year rider equity return increased $507M for Dominion Energy Virginia
D YoY Financials
Q4 2025 vs Q4 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 | — |