Dominion Energy (D) Q3 2026 earnings summary

Executive summary

• Q3 2026 operating EPS was $1.28; management expects full-year results in the top half of the $3.45–$3.69 guidance range.

• Priorities included meeting financial commitments, advancing Coastal Virginia Offshore Wind (CVOW), and securing constructive regulatory outcomes.

Financial highlights

• Q3 revenue was $5.617 billion vs. $4.527 billion; operating income was $1.842 billion vs. $1.339 billion.

• Q3 net income attributable to shareholders was $1.160 billion vs. $1.006 billion; diluted EPS was $1.30 vs. $1.16.

• Q3 operating EPS rose to $1.28 from $1.06, including $0.05 from RNG 45Z credits and $0.05 from better-than-normal weather.

• Nine-month operating earnings were $2.70 billion vs. $2.37 billion; reported net income was $2.121 billion vs. $2.43 billion, with reported EPS of $2.37 vs. $2.81.

• Nine-month operating cash flow was $4.688 billion vs. $4.374 billion; investing cash outflow was $8.749 billion and financing cash inflow was $4.281 billion.

Outlook and guidance

• 2026 operating EPS guidance remained $3.45–$3.69, midpoint $3.57; expected results are in the top half of the range.

• Long-term operating EPS growth target is 5%–7% through 2030, based on the 2025 midpoint of $3.30, with a bias to the upper half in 2028–2030.

• 2026 dividend guidance remained $2.67 per share, subject to customary Board approval; the 2026–2030 capital plan remained ~$65 billion.

• RNG 45Z credits are expected to contribute ~$0.05–$0.09 per year to 2026–2029 operating EPS and are excluded from long-term growth guidance.

• CVOW completion remains targeted by year-end 2027; the third and final offshore substation is expected to be energized by year-end 2026.