Q1 26 EPS
$0.95
BEAT +4.37%
Est. $0.91
Q1 26 Revenue
$5.02B
BEAT +13.45%
Est. $4.42B
Did D Beat Earnings? Q1 2026 Results
Dominion Energy delivered a broad-based beat in the first quarter of 2026, posting operating earnings of $0.95 per share against a consensus estimate of $0.91, a 4.37% positive surprise that marks the company's fourth consecutive quarter of beating E… Read more Dominion Energy delivered a broad-based beat in the first quarter of 2026, posting operating earnings of $0.95 per share against a consensus estimate of $0.91, a 4.37% positive surprise that marks the company's fourth consecutive quarter of beating EPS expectations. Revenue climbed to $5.02 billion, topping estimates of $4.42 billion by 13.45% and representing a 23.1% increase from the $4.08 billion reported in Q1 2025. The standout driver was Dominion Energy Virginia, where operating earnings jumped $109 million year over year to $670 million, fueled largely by $106 million in rate impacts from the 2025 Biennial Review and $84 million in rider equity returns. On a GAAP basis, net income attributable to Dominion Energy came in at $621 million, or $0.69 per share, below the year-ago $665 million, reflecting charges tied to nuclear decommissioning trust fund losses and a $120 million severe weather impact. Management reaffirmed its full-year 2026 operating earnings guidance of $3.45 to $3.69 per share, with analysts citing the CVOW offshore wind project as a continued long-term growth catalyst, and at least one firm raised its price target on the stock following the results.
Key Takeaways
- • 2025 Biennial Review rate case impacts added $106 million at Dominion Energy Virginia
- • Rider equity return contributed $84 million increase at Dominion Energy Virginia
- • Favorable weather added $32 million at Dominion Energy Virginia
- • Contracted Energy margin improvement of $50 million
- • Renewable natural gas facilities added $14 million at Contracted Energy
D Forward Guidance & Outlook
Dominion Energy affirmed 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 affirmed all financial guidance provided on its fourth-quarter 2025 earnings call, including operating earnings, credit, dividend, and long-term growth guidance.
D YoY Financials
Q1 2026 vs Q1 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
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 | — |