Q3 25 EPS
$1.06
BEAT +11.84%
Est. $0.95
Q3 25 Revenue
$4.53B
BEAT +6.52%
Est. $4.25B
vs S&P Since Q3 25
+5.6%
BEATING MARKET
D +11.3% vs S&P +5.7%
Market Reaction
Did D Beat Earnings? Q3 2025 Results
Dominion Energy delivered a strong third quarter, with operating earnings of $1.06 per share clearing the $0.95 analyst consensus by 11.84% and total revenue of $4.53 billion rising 14.9% year-over-year while exceeding estimates by 6.52%. The standou… Read more Dominion Energy delivered a strong third quarter, with operating earnings of $1.06 per share clearing the $0.95 analyst consensus by 11.84% and total revenue of $4.53 billion rising 14.9% year-over-year while exceeding estimates by 6.52%. The standout driver was the Contracted Energy segment, which more than doubled to $165 million from $83 million a year ago, fueled by renewable energy investment and production tax credits alongside contributions from renewable natural gas facilities, a dynamic that points to accelerating infrastructure demand from data center growth concentrated in Northern Virginia. Dominion Energy South Carolina also posted solid improvement, with operating earnings climbing to $168 million from $147 million, supported by favorable rate case outcomes. On the outlook, management narrowed full-year 2025 operating EPS guidance to a range of $3.33 to $3.48, maintaining the original $3.40 midpoint, and reaffirmed long-term earnings growth of 5% to 7% through 2029, signaling confidence in the company's regulated utility and clean energy buildout trajectory.
Key Takeaways
- • Rider equity returns contributed $135 million increase in Dominion Energy Virginia
- • Customer usage and other factors added $54 million in Virginia and $16 million in South Carolina
- • Base and RSA rate case impacts added $40 million in South Carolina
- • Contracted Energy segment operating earnings nearly doubled, driven by renewable energy investment tax credits ($41 million) and production tax credits ($29 million)
- • Renewable natural gas facilities contributed $25 million increase in Contracted Energy
- • Sale of noncontrolling interest reduced Virginia earnings by $86 million
D YoY Financials
Q3 2025 vs Q3 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 | — |