Dominion Energy (D) Q1 FY2026 earnings: revenue $5.0 billion, up 23.1% on the year
Dominion Energy, Inc. (D) reported revenue of $5.0 billion for Q1 FY2026, the quarter ended 31 March 2026, up 23.1% on the same quarter a year earlier. Net income was $621 million, down 6.6% on the year, and diluted earnings per share $0.69. The figures are the company's own, from the 10-Q it filed with the SEC on 1 May 2026.
Revenue
$5.0 billion
+23.1% on the year · +22.6% on the quarter
Q2 FY2024Q1 FY2026
Operating margin
27.7%
30.0% a year earlier
Q2 FY2024Q1 FY2026
Net income
$621 million
-6.6% on the year · +9.5% on the quarter
Q2 FY2024Q1 FY2026
Diluted EPS
$0.69
-10.4% on the year · +6.2% on the quarter
Q2 FY2024Q1 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 2 kept.
Operating EPS rose, reported EPS fell: Operating EPS was $0.95 against $0.93, or $847 million against $803 million. Reported EPS was $0.69 against $0.77, or $621 million against $665 million.
Virginia contribution rose to $670 million: Dominion Energy Virginia contributed $670 million, or $0.76 per share, against $561 million, or $0.66 per share, a year earlier.
Nuclear trust and hedge losses excluded: Net market losses of $194 million were excluded from operating earnings: $154 million from nuclear decommissioning trusts and $40 million from economic hedging.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.
Cash flow
$ million
Q1 FY2026
Q4 FY2025
Q1 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
882
987
1,183
-10.6%
-25.4%
Capital expenditure
3,030
3,386
3,214
-10.5%
-5.7%
Free cash flow
-2,148
-2,399
-2,031
Free cash flow margin
-42.8%
-58.6%
-49.8%
Cash from investing
-3,103
-3,468
-3,238
Cash from financing
2,365
1,758
2,167
+34.5%
+9.1%
Depreciation and amortisation
631
616
582
+2.4%
+8.4%
Dividends paid
587
570
569
+3.0%
+3.2%
Dividend per share
$0.67
$0.67
$0.67
0.0%
0.0%
Diluted shares, weighted
880m
n/a
852m
+3.3%
Shares outstanding at period end
879m
879m
853m
0.0%
+3.0%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q1 FY2026
Q4 FY2025
Q1 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
29,147
29,083
27,365
+0.2%
+6.5%
Non-controlling interest
4,561
4,334
3,357
+5.2%
+35.9%
Short-term borrowings
3,098
2,457
2,084
+26.1%
+48.7%
Debt
45,110
46,332
39,949
-2.6%
+12.9%
Operating lease liabilities
n/a
697
n/a
Finance lease liabilities
n/a
436
n/a
Other liabilities
36,662
32,518
31,800
+12.7%
+15.3%
Total liabilities and equity
118,578
115,857
104,555
+2.3%
+13.4%
Fixed assets
80,208
78,967
71,169
+1.6%
+12.7%
Goodwill
4,143
4,143
4,143
0.0%
0.0%
Intangible assets
n/a
1,682
n/a
Investments
9,466
9,676
8,371
-2.2%
+13.1%
Cash and equivalents
351
250
355
+40.4%
-1.1%
Receivables
2,388
2,531
2,045
-5.6%
+16.8%
Inventory
1,942
1,957
1,765
-0.8%
+10.0%
Other assets
20,080
16,651
16,707
+20.6%
+20.2%
Total assets
118,578
115,857
104,555
+2.3%
+13.4%
Questions
What was Dominion Energy's revenue in Q1 FY2026?
Dominion Energy (D) reported revenue of $5.0 billion for Q1 FY2026, the quarter ended 31 March 2026, up 23.1% on the same quarter a year earlier.
How much did Dominion Energy earn in Q1 FY2026?
Net income for Q1 FY2026 was $621 million, down 6.6% on the year, and diluted earnings per share $0.69.
When did Dominion Energy report Q1 FY2026 results?
Dominion Energy filed its 10-Q for the quarter ended 31 March 2026 with the SEC on 1 May 2026.
Each quarter as filed, linked to its filing. Read moreA quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 31 March 2026, filed 1 May 2026: the filing.