Q2 25 EPS
$0.75
BEAT +10.68%
Est. $0.68
Q2 25 Revenue
$3.81B
BEAT +4.32%
Est. $3.65B
vs S&P Since Q2 25
-6.7%
TRAILING MARKET
D +9.3% vs S&P +15.9%
Market Reaction
Did D Beat Earnings? Q2 2025 Results
Dominion Energy posted a notably strong second quarter for 2025, with operating earnings per share of $0.75 clearing the $0.68 Wall Street consensus by 10.68%, a result that also reflected a meaningful step up from $0.65 per share a year ago. Revenue… Read more Dominion Energy posted a notably strong second quarter for 2025, with operating earnings per share of $0.75 clearing the $0.68 Wall Street consensus by 10.68%, a result that also reflected a meaningful step up from $0.65 per share a year ago. Revenue climbed to $3.81 billion, up 9.3% year-over-year and ahead of the $3.65 billion estimate by 4.32%, as growth across the company's regulated utility operations drove broad-based outperformance. The single largest contributor to segment earnings was Dominion Energy Virginia, which added $549 million in operating earnings, a $64 million year-over-year improvement, fueled by customer usage growth and rider equity returns, even as Millstone nuclear outage costs weighed on the Contracted Energy segment. Meanwhile, the company's 2.6-GW Coastal Virginia Offshore Wind project, which sits at the center of its longer-term power demand story, remains on schedule despite modest tariff-related cost increases. Management reaffirmed full-year 2025 operating EPS guidance of $3.28 to $3.52 per share, signaling confidence in the company's trajectory through year-end.
Key Takeaways
- • Customer usage and other factors contributed $52 million increase in Dominion Energy Virginia
- • Rider equity return of $143 million benefited Dominion Energy Virginia
- • Base & RSA rate case impacts added $40 million to Dominion Energy South Carolina
- • Nuclear decommissioning trust fund gains of $289 million in Q2 2025
- • Sale of noncontrolling interest reduced Virginia segment earnings by $80 million
- • Planned Millstone outage costs of $62 million impacted Contracted Energy segment
- • Higher depreciation and amortization from capital investment program
D YoY Financials
Q2 2025 vs Q2 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
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 | — |