Dominion Energy (D) Q1 2026 Earnings
How Did D Stock React to Q1 2026 Earnings?
S&P 500 over the same 30 days: +4.66%.
Did D Beat Earnings? Q1 2026 Results
Yes. Dominion Energy reported Q1 2026 earnings of $0.95 a share on May 1, 2026, beating the $0.91 consensus estimate by 4.4%. Revenue was $5.0B against a $4.4B estimate.
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.
- 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
What Was Dominion Energy's Outlook in Q1 2026?
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
| Metric | Q1 2026 | Q1 2025 | Year over year |
|---|---|---|---|
| Revenue | $5.0B | $4.1B | +23.1% |
| Operating Income | $1.4B | $1.2B | +13.8% |
| Net Income | $621.0M | $646.0M | −3.9% |
Figures from SEC filings and company reports. Not investment advice.