v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating Revenue $ 4,480 $ 3,810 $ 9,499 $ 7,886
Operating Expenses        
Electric fuel and other energy-related purchases 1,315 [1] 946 [1] 2,921 [2] 1,908 [2]
Purchased electric capacity 80 [1] 18 [1] 149 [2] 27 [2]
Purchased gas 53 [1] 43 [1] 196 [2] 190 [2]
Other operations and maintenance 984 883 1,969 1,781
Depreciation and amortization 615 [1] 580 [1] 1,246 [2] 1,162 [2]
Other taxes 210 [1] 194 [1] 438 [2] 403 [2]
Impairment of assets and other charges (benefits) 894 50 859 96
Total operating expenses 4,151 2,714 7,778 5,567
Income from operations 329 1,096 1,721 2,319
Other income (expense) 678 442 681 452
Interest and related charges 555 [1] 505 [1] 1,116 [2] 986 [2]
Income from continuing operations including noncontrolling interests before income tax expense 452 1,033 1,286 1,785
Income tax expense 122 [1] 220 [1] 170 [2],[3] 260 [2]
Net Income From Continuing Operations Including Noncontrolling Interests 330 813 1,116 1,525
Net Income (Loss) From Discontinued Operations Including Noncontrolling Interests [4] (1) 1 (2) 0
Net Income Including Noncontrolling Interests 329 814 1,114 1,525
Noncontrolling Interests (11) [5] 54 [5] 153 [6] 100 [6]
Net Income 340 760 961 1,425
Amounts Attributable to Dominion Energy        
Net income from continuing operations 341 759 963 1,425
Net income (loss) from discontinued operations $ (1) $ 1 $ (2) $ 0
EPS - Basic        
Net income from continuing operations $ 0.37 $ 0.88 $ 1.07 $ 1.65
Net income (loss) from discontinued operations 0 0 0 0
Net income attributable to Dominion Energy 0.37 0.88 1.07 1.65
EPS - Diluted        
Net income from continuing operations 0.37 0.88 1.07 1.65
Net income (loss) from discontinued operations 0 0 0 0
Net income attributable to Dominion Energy $ 0.37 $ 0.88 $ 1.07 $ 1.65
Virginia Electric and Power Company        
Operating Revenue [7] $ 3,421 $ 2,712 $ 7,117 $ 5,477
Operating Expenses        
Electric fuel and other energy-related purchases [7] 1,071 [8] 729 [8] 2,443 [9] 1,498 [9]
Purchased electric capacity 78 [8] 17 [8] 143 [9] 24 [9]
Affiliated suppliers 143 125 301 259
Other operations and maintenance 473 428 994 904
Depreciation and amortization 415 [8] 396 [8] 838 [9] 794 [9]
Other taxes 98 [8] 92 [8] 205 [9] 189 [9]
Impairment of assets and other charges (benefits) 268 50 154 96
Total operating expenses 2,546 1,837 5,078 3,764
Income from operations 875 875 2,039 1,713
Other income (expense) 127 80 154 106
Interest and related charges [7] 262 [8] 251 [8] 521 [9] 494 [9]
Income before income tax expense 740 704 1,672 1,325
Income tax expense 154 [8] 115 [8] 299 [3],[9] 205 [9]
Net Income Including Noncontrolling Interests 586 589 1,373 1,120
Noncontrolling Interests (11) [10] 54 [10] 153 [11] 100 [11]
Net Income $ 597 $ 535 $ 1,220 $ 1,020
[1] The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Dominion Energy’s CODM.
[2] The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Dominion Energy’s CODM.
[3] The Companies had no adjustments related to the following disclosure categories: foreign tax effects, effects of changes in tax law or rates enacted in the current period and effects of cross-border tax laws.
[4] Includes income tax expense (benefit) of $— million and $(3) million for the three months ended June 30, 2026 and 2025, respectively, and $— million and $(3) million for six months ended June 30, 2026 and 2025 respectively.
[5] Items designated are other segment items for each reportable segment.
[6] Items designated are other segment items for each reportable segment.
[7] See Note 18 for amounts attributable to affiliates.
[8] The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Virginia Power’s CODM.
[9] The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Virginia Power’s CODM.
[10] Items designated are other segment items for each reportable segment.
[11] Items designated are other segment items for each reportable segment.