Jun 2026 (Q2 FY26) — Jul 31, 2026
Dominion Energy Q2 FY26 — CVOW Project Progress and Data Center Demand Drive Performance
Read the full callDominion Energy (D) earnings
- Mar 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Dominion Energy earnings: last reported Fri, 31 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 5,019 | +23.1% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 27.7 | −2.3 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 621 | −6.6% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
3 of 4 judged targets kept · 9 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| CVOW (Coastal Virginia Offshore Wind) total project cost | $10.7 billion total project cost (revised from a pre-corpus $9.8 billion baseline) | Dec 2024 | we're increasing our project cost estimate by approximately 2% to $11.65 billion, which continues to include $123 million of unused contingency | Revised Down |
| FY2026 operating EPS guidance (ex RNG 45Z) | $3.40 to $3.60 per share (excluding RNG 45Z credit income), midpoint $3.50 | Dec 2025 | we are reaffirming all financial guidance provided on our fourth quarter earnings call, including operating earnings, credit, dividend and long-term growth guidance | On Track |
| CVOW first power delivery to customers | First power delivered to customers in early 2026 | Mar 2025 | The project is now over 75% complete. And as Steven mentioned, in March, we achieved a very significant milestone with the delivery of much needed power to customers | Achieved |
1 of DOMINION ENERGY, INC's 13 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.
Claimed
- Q2 operating earnings of $0.79 per share, including $0.03 of RNG 45Z credits, positioning for strong full-year results.
- Completed common equity program for 2026, consistent with ATM guidance.
- FFO to debt metrics above 15% for full-year 2025 and Q2 LTM, demonstrating commitment to credit targets.
- CVOW project 81% complete, with 31 turbines (over 450 MW) installed and generating power, significantly derisking the project.
- Strong sales in service areas driven by economic growth and data center expansion, with 9 of top 10 peak days occurring this year.
Qualified
- CVOW project cost estimate increased by approximately 2% to $11.65 billion due to schedule adjustments and miscellaneous costs.
- Final CVOW turbine installation timeline adjusted by 6 months to year-end 2027 due to weather, vessel maintenance, loadout times, and challenging jacking operations.
- A transmission line fault caused data centers to shift to backup power, indicating potential grid disruption issues.
Price
$62.21 −2.12% · −$1.35
Performance +2.7% 1Y
1Y: $60.58 on 17 Oct 2025 → $62.21. High $71.69 (16 Jul 2026), low $57.08 (7 Jan 2026).
- Previous close
- $63.56
- 52-week range
- $57.08 – $71.69
- One year
- +1.24%
Overview
- Symbol
- D
- Sector
- Utilities
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
3 of 4 judged targets kept · 9 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| CVOW (Coastal Virginia Offshore Wind) total project cost | $10.7 billion total project cost (revised from a pre-corpus $9.8 billion baseline) | Dec 2024 | we're increasing our project cost estimate by approximately 2% to $11.65 billion, which continues to include $123 million of unused contingency | Revised Down |
| FY2026 operating EPS guidance (ex RNG 45Z) | $3.40 to $3.60 per share (excluding RNG 45Z credit income), midpoint $3.50 | Dec 2025 | we are reaffirming all financial guidance provided on our fourth quarter earnings call, including operating earnings, credit, dividend and long-term growth guidance | On Track |
| CVOW first power delivery to customers | First power delivered to customers in early 2026 | Mar 2025 | The project is now over 75% complete. And as Steven mentioned, in March, we achieved a very significant milestone with the delivery of much needed power to customers | Achieved |
Claimed
- Q2 operating earnings of $0.79 per share, including $0.03 of RNG 45Z credits, positioning for strong full-year results.
- Completed common equity program for 2026, consistent with ATM guidance.
- FFO to debt metrics above 15% for full-year 2025 and Q2 LTM, demonstrating commitment to credit targets.
- CVOW project 81% complete, with 31 turbines (over 450 MW) installed and generating power, significantly derisking the project.
- Strong sales in service areas driven by economic growth and data center expansion, with 9 of top 10 peak days occurring this year.
Qualified
- CVOW project cost estimate increased by approximately 2% to $11.65 billion due to schedule adjustments and miscellaneous costs.
- Final CVOW turbine installation timeline adjusted by 6 months to year-end 2027 due to weather, vessel maintenance, loadout times, and challenging jacking operations.
- A transmission line fault caused data centers to shift to backup power, indicating potential grid disruption issues.
The full ledger
Open DOMINION ENERGY, INC’s full ledger
A free account opens 5 company ledgers a month. All 13 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 1, 2026
Dominion Energy Q1 FY26 — CVOW past 75% complete, full guidance affirmed as storage, data-center and Millstone catalysts build
Read the full callDec 2025 (Q4 FY25) — Feb 23, 2026
Dominion Energy Q4 FY25 — Capital Plan Boosted by Data Center Demand
Read the full callEvery analysed call
Dominion Energy earnings calls (D)
Financials
What the filings say
Net profit, year on year: −7% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,486 | 3,941 | 3,400 | 4,076 | 3,810 | 4,527 | 4,093 | 5,019 |
| Expenses | 2,681 | 2,723 | 3,009 | 2,853 | 2,714 | 3,188 | 3,337 | 3,627 |
| Operating profit | 805 | 1,218 | 391 | 1,223 | 1,096 | 1,339 | 756 | 1,392 |
| Operating margin | 23.1% | 30.9% | 11.5% | 30.0% | 28.8% | 29.6% | 18.5% | 27.7% |
| Profit before tax | 578 | 1,162 | -248 | 752 | 1,033 | 1,244 | 582 | 834 |
| Tax rate | 19.4% | 18.3% | 41.9% | 5.3% | 21.3% | 17.4% | 9.6% | 5.8% |
| Net profit | 563 | 934 | 134 | 665 | 760 | 1,006 | 567 | 621 |
| EPS ($ per share) | 0.64 | 1.09 | 0.14 | 0.77 | 0.88 | 1.17 | 0.65 | 0.69 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 12,588 | 23,824 | 21,258 | 21,610 | 23,605 | 23,728 | 24,383 | 25,892 |
| Reserves | 9,219 | 7,576 | 4,189 | 5,373 | 3,843 | 2,229 | 1,641 | 2,318 |
| Total liabilities | 55,866 | 69,790 | 69,444 | 70,672 | 77,136 | 81,513 | 72,613 | 82,440 |
| Fixed assets | 54,560 | 57,200 | 57,848 | 59,774 | 52,312 | 58,780 | 68,862 | 78,967 |
| Total assets | 77,914 | 103,823 | 95,905 | 99,590 | 104,795 | 109,080 | 102,415 | 115,857 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 4,773 | 5,204 | 5,227 | 4,037 | 3,700 | 6,572 | 5,018 | 5,361 |
| Cash from investing | -2,358 | -4,622 | -2,916 | -6,247 | -6,746 | -7,207 | -3,183 | -12,969 |
| Cash from financing | -2,209 | -704 | -2,333 | 2,371 | 2,979 | 595 | -1,771 | 7,586 |
| Net cash flow | 206 | -122 | -22 | 161 | -67 | -40 | 64 | -22 |
| Capital expenditure | -4,254 | -4,980 | — | — | — | — | — | — |
| Free cash flow | 519 | 224 | — | — | — | — | — | — |
D revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Dominion Energy Virginia | 70% | 72% | 68% | 71% | 73% | 74% | 74% | 76% | +26.1% |
| Dominion Energy South Carolina | 22% | 24% | 23% | 22% | 21% | 21% | 19% | 20% | +5.0% |
| Contracted Energy | 7% | 8% | 8% | 6% | 7% | 8% | 8% | 7% | +22.0% |
| Corporate and Other | 8% | 5% | 8% | 8% | 6% | 6% | 6% | 6% | -13.8% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
29 filings between Dec 1, 2025 and May 7, 2026.
Open market
decisions to buy or sellNobody bought or sold D on the open market in this window. The filings below are 21 awards, 7 tax withholdings and 1 gift.
Compensation
not trading decisions- 21
- Award — granted as compensation
- 7
- Tax withheld — shares kept back by the company to cover tax
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 7, 2026 | Kington Mark J Director | Award | 5,005 | $315.1K |
| May 7, 2026 | Lovejoy Kristin G Director | Award | 4,687 | $295.0K |
| May 5, 2026 | HAGOOD D MAYBANK Director | Award | 2,820 | $177.5K |
| May 5, 2026 | RIGBY JOSEPH M Director | Award | 3,273 | $206.0K |
| May 5, 2026 | Royal Pamela J. Director | Award | 2,820 | $177.5K |
| May 5, 2026 | SPILMAN ROBERT H JR Director | Award | 5,084 | $320.0K |
| May 5, 2026 | STORY SUSAN N Director | Award | 2,820 | $177.5K |
| May 5, 2026 | STORY SUSAN N Director | Award | 2,661 | $167.5K |
| May 5, 2026 | Lyash Jeffrey J. Director | Award | 2,820 | $177.5K |
| May 5, 2026 | Sutherland Vanessa Allen Director | Award | 4,687 | $295.0K |
| May 5, 2026 | BENNETT JAMES A Director | Award | 2,820 | $177.5K |
| Feb 25, 2026 | Elbert Regina J SVP, Chief Legal & HR Officer | Award | 2,832 | $0 |
| Feb 25, 2026 | Baine Edward H EVP - Util. Ops and Pres - DEV | Award | 7,079 | $0 |
| Feb 25, 2026 | BLUE ROBERT M Chair, President and CEO | Award | 47,193 | $0 |
| Feb 25, 2026 | Brown Carlos M EVP, CAPO and Corporate Sec. | Award | 9,439 | $0 |
| Feb 25, 2026 | Carr Eric CNO and Pres. Nuc. Ops. and CE | Award | 6,607 | $0 |
| Feb 25, 2026 | Kissam William Keller President - Dominion Energy SC | Award | 2,360 | $0 |
| Feb 25, 2026 | Ratliff Gary G VP, Controller and CAO | Award | 1,227 | $0 |
| Feb 25, 2026 | Ridge Steven D Exec. Vice President & CFO | Award | 9,439 | $0 |
| Feb 1, 2026 | Brown Carlos M EVP, CAPO and Corporate Sec. | Tax withheld | 2,023 | $121.7K |
| Feb 1, 2026 | Baine Edward H EVP - Util. Ops and Pres - DEV | Tax withheld | 1,315 | $79.1K |
| Feb 1, 2026 | Ridge Steven D Exec. Vice President & CFO | Tax withheld | 2,811 | $169.1K |
| Feb 1, 2026 | Elbert Regina J SVP, Chief Legal & HR Officer | Tax withheld | 717 | $43.1K |
| Feb 1, 2026 | Kissam William Keller President - Dominion Energy SC | Tax withheld | 1,020 | $61.4K |
| Jan 30, 2026 | Ridge Steven D Exec. Vice President & CFO | Tax withheld | 2,526 | $152.0K |
| Jan 30, 2026 | Carr Eric CNO and Pres. Nuc. Ops. and CE | Award | 9,930 | $0 |
| Jan 30, 2026 | Ridge Steven D Exec. Vice President & CFO | Award | 8,122 | $488.7K |
| Dec 8, 2025 | HAGOOD D MAYBANK Director | Gift | 1,000 | $0 |
| Dec 1, 2025 | Ridge Steven D Exec. Vice President & CFO | Tax withheld | 872 | $53.1K |
| Oct 1, 2025 | Ratliff Gary G VP, Controller and CAO | Tax withheld | 218 | $13.3K |
| Sep 3, 2025 | Ridge Steven D Exec. Vice President & CFO | Award | 2,123 | $125.0K |
| Aug 27, 2025 | BLUE ROBERT M Chair, President and CEO | Purchase | 4,152 | $250.6K |
| Jun 25, 2025 | Lyash Jeffrey J. Director | Award | 2,907 | $162.7K |
| May 7, 2025 | BENNETT JAMES A Director | Award | 3,246 | $177.5K |
| May 7, 2025 | Dabbar Paul Director | Award | 3,246 | $177.5K |
| May 7, 2025 | HAGOOD D MAYBANK Director | Award | 3,246 | $177.5K |
| May 7, 2025 | Kington Mark J Director | Award | 5,761 | $315.0K |
| May 7, 2025 | Lovejoy Kristin G Director | Award | 5,395 | $295.0K |
| May 7, 2025 | RIGBY JOSEPH M Director | Award | 3,767 | $206.0K |
| May 7, 2025 | Royal Pamela J. Director | Award | 3,246 | $177.5K |
| May 7, 2025 | Sutherland Vanessa Allen Director | Award | 5,395 | $295.0K |
| May 7, 2025 | SPILMAN ROBERT H JR Director | Award | 5,852 | $320.0K |
| May 7, 2025 | STORY SUSAN N Director | Award | 3,246 | $177.5K |
| May 7, 2025 | STORY SUSAN N Director | Award | 3,063 | $167.5K |
| Mar 13, 2025 | Sutherland Vanessa Allen Director | Purchase | 475 | $25.7K |
| Feb 14, 2025 | Baine Edward H President - Util. Op. & DEV | Award | 6,746 | $0 |
| Feb 14, 2025 | Baine Edward H President - Util. Op. & DEV | Award | 2,699 | $0 |
| Feb 14, 2025 | Brown Carlos M EVP, CLO and Corporate Sec. | Award | 10,794 | $0 |
| Feb 14, 2025 | Brown Carlos M EVP, CLO and Corporate Sec. | Award | 6,297 | $0 |
| Feb 14, 2025 | Cardiff Michele L SVP, Controller & Chief Acct. | Award | 2,159 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for DOMINION ENERGY, INC
Free account. Everything above stays public.
Write why you follow DOMINION ENERGY, INC and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other companies in Utilities
Nearest to Dominion Energy by market cap among the sector's top 20 companies at Q2 2026.