Q1 26 EPS
$0.95
Q1 26 Revenue
$5.02B
BEAT +13.45%
Est. $4.42B
Did D Beat Earnings? Q1 2026 Results
Dominion Energy delivered a broad beat to open fiscal 2026, with first-quarter operating earnings of $0.95 per share clearing the $0.91 consensus estimate by 4.37% and revenue of $5.02 billion topping expectations by 13.45%, reflecting a 23.1% jump f… Read more Dominion Energy delivered a broad beat to open fiscal 2026, with first-quarter operating earnings of $0.95 per share clearing the $0.91 consensus estimate by 4.37% and revenue of $5.02 billion topping expectations by 13.45%, reflecting a 23.1% jump from the $4.08 billion reported a year earlier. The standout driver was Dominion Energy Virginia, where operating earnings climbed to $670 million from $561 million a year ago, propelled by favorable weather, the 2025 Biennial Review rate impacts, and higher rider equity returns, collectively more than offsetting increased capacity and administrative costs. On a GAAP basis, net income slipped to $621 million, or $0.69 per share, from $665 million a year earlier, weighed down by a $194 million net market loss tied to nuclear decommissioning trusts and hedging, a $120 million severe weather charge, and a $78 million impairment on nonregulated solar facilities. Analysts largely maintained cautious ratings on the stock even as results came in ahead of forecasts. Looking ahead, Dominion affirmed its full-year 2026 operating earnings guidance of $3.45 to $3.69 per share, with a midpoint of $3.57 per share.
Key Takeaways
- • Dominion Energy Virginia operating earnings increased $109 million YoY, driven by weather ($32M), 2025 Biennial Review impacts ($106M), and rider equity return ($84M)
- • Contracted Energy margin improvement of $50 million and renewable energy tax credits
- • Higher operating revenue of $5.019 billion vs. $4.076 billion in Q1 2025
- • Favorable weather contributed $32 million to Dominion Energy Virginia
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
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $0.95 | — | $5.02B | +13.45% |
| 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 FY | — | $0.58 | — | $3.40B | — |
| FY Full Year | — | $2.77 | — | $14.46B | — |