DOD Income Statement - Dominion Energy Inc

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Price: 52.98 EUR -0.62% Market Closed

Market Cap: €67.6B

D	Dominion Energy Inc XMUN:DOD	US
S	Securitas AB XMUN:S7MB	SE

Financial profile · Q2 FY2026

A regulated utility funding large infrastructure growth through external capital

Dominion's regulated utility model produces recurring revenue and operating cash flow, but its infrastructure program has consistently consumed more cash than operations generate. The result is an asset-heavy financial profile in which growth is funded alongside dividends with debt and equity, rather than with persistent free cash flow.

What is developing

The latest comparable results preserve the long-standing pattern of recurring operating cash generation and negative free cash flow, while reported earnings were pulled away from operating performance by impairments, hedging marks, and financing effects. That is a meaningful change in earnings mix and investment intensity, but not yet a change in the underlying utility model.

What matters next

Whether operating cash flow begins to cover the enlarged capital-spending base without sustained increases in debt or equity issuance.

Metric	FY2016 Dec 2016	FY2017 Dec 2017	FY2018 Dec 2018	FY2019 Dec 2019	FY2020 Dec 2020	FY2021 Dec 2021	FY2022 Dec 2022	FY2023 Dec 2023	FY2024 Dec 2024	FY2025 Dec 2025
Revenue	11.7B	12.6B	11.2B	14.4B	14.2B	11.4B	13.9B	14.4B	14.5B	16.5B
Cost of Revenue	(99m)	(6m)	(122m)	(88m)	(53m)	(70m)	(59m)	(55m)	(74m)	(82m)
Gross Profit	11.6B	12.6B	11.1B	14.3B	14.1B	11.3B	13.9B	14.3B	14.4B	16.4B
Operating Expenses	(8.2B)	(8.7B)	(8.3B)	(10.8B)	(9.9B)	(8.7B)	(10.6B)	(10.6B)	(10.5B)	(11.5B)
Depreciation & Amortization	(1.6B)	(1.9B)	(1.7B)	(2.3B)	(2.3B)	(2.1B)	(2.4B)	(2.6B)	(2.3B)	(2.4B)
Operations Maintenance	(3.3B)	(3.2B)	(2.8B)	(3.2B)	(3.6B)	(3.2B)	(3.4B)	(3.1B)	(3.6B)	(3.5B)
Purchased Fuel, Power & Gas	(2.7B)	(2.9B)	(3.3B)	(4.4B)	(3.1B)	(2.8B)	(4.1B)	(4.2B)	(3.9B)	(4.8B)
Other Operating Expenses	(596m)	(668m)	(580m)	(883m)	(871m)	(690m)	(675m)	(684m)	(731m)	(773m)
Operating Income	3.5B	3.9B	2.8B	3.5B	4.2B	2.6B	3.3B	3.7B	3.8B	4.9B
Net Interest Income (Expense)	(964m)	(1.3B)	(1.3B)	(1.5B)	(3.7B)	(544m)	(1.9B)	(901m)	(886m)	(1.1B)
Interest Expense	1B	1.2B	1.3B	1.5B	1.4B	1.3B	1B	1.7B	1.9B	2B
Non-Recurring Items	36m	132m	226m	(2B)	(2.1B)	(609m)	(1.8B)	(307m)	(600m)	(517m)
Total Other Income	318m	344m	885m	811m	3B	428m	978m	218m	(166m)	316m
Pre-Tax Income	2.9B	3.1B	2.6B	869m	1.4B	1.9B	562m	2.7B	2.2B	3.6B
Tax Provision	(655m)	(821m)	(476m)	(209m)	(83m)	181m	(59m)	(644m)	(411m)	(532m)
Income from Continuing Operations	2.2B	2.3B	2.1B	660m	1.3B	2.1B	503m	2.1B	1.8B	3.1B
Income to Minority Interest	(89m)	(121m)	(102m)	(18m)	149m	(20m)	0	0	53m	(67m)
Net Income	2.1B	3B	2.4B	1.3B	(466m)	3.3B	1.3B	1.9B	2B	3B
EPS (Diluted)	3.46	4.71	3.73	1.65	(0.56)	4.11	1.61	2.24	2.33	3.47