v3.26.3
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating Revenue $ 5,617 $ 4,527 $ 15,116 $ 12,413
Operating Expenses        
Electric fuel and other energy-related purchases 1,603 [1] 1,337 [1] 4,524 [2] 3,245 [2]
Purchased electric capacity 106 [1] 36 [1] 255 [2] 63 [2]
Purchased gas 40 [1] 31 [1] 236 [2] 221 [2]
Other operations and maintenance 1,070 850 3,039 2,631
Depreciation and amortization 722 [1] 609 [1] 1,968 [2] 1,771 [2]
Other taxes 215 [1] 195 [1] 653 [2] 598 [2]
Impairment of assets and other charges (benefits) 19 130 878 226
Total operating expenses 3,775 3,188 11,553 8,755
Income from operations 1,842 1,339 3,563 3,658
Other income (expense) 271 432 952 884
Interest and related charges 623 [1] 527 [1] 1,739 [2] 1,513 [2]
Income from continuing operations including noncontrolling interests before income tax expense 1,490 1,244 2,776 3,029
Income tax expense 215 [1] 216 [1] 385 [2],[3] 476 [2]
Net Income From Continuing Operations Including Noncontrolling Interests 1,275 1,028 2,391 2,553
Net Income (Loss) From Discontinued Operations Including Noncontrolling Interests [4] (1) 0 (3) 0
Net Income Including Noncontrolling Interests 1,274 1,028 2,388 2,553
Noncontrolling Interests 114 [5] 22 [5] 267 [6] 122 [6]
Net Income 1,160 1,006 2,121 2,431
Amounts Attributable to Dominion Energy        
Net income from continuing operations 1,161 1,006 2,124 2,431
Net income (loss) from discontinued operations $ (1) $ 0 $ (3) $ 0
EPS - Basic        
Net income from continuing operations $ 1.31 $ 1.17 $ 2.37 $ 2.81
Net income (loss) from discontinued operations 0 0 0 0
Net income attributable to Dominion Energy 1.31 1.17 2.37 2.81
EPS - Diluted        
Net income from continuing operations 1.3 1.16 2.37 2.81
Net income (loss) from discontinued operations 0 0 0 0
Net income attributable to Dominion Energy $ 1.3 $ 1.16 $ 2.37 $ 2.81
Virginia Electric and Power Company        
Operating Revenue [7] $ 4,218 $ 3,311 $ 11,335 $ 8,788
Operating Expenses        
Electric fuel and other energy-related purchases [7] 1,296 [8] 1,071 [8] 3,739 [9] 2,569 [9]
Purchased electric capacity 103 [8] 32 [8] 246 [9] 56 [9]
Affiliated suppliers 147 127 448 386
Other operations and maintenance 597 450 1,591 1,354
Depreciation and amortization 509 [8] 418 [8] 1,347 [9] 1,212 [9]
Other taxes 104 [8] 93 [8] 309 [9] 282 [9]
Impairment of assets and other charges (benefits) 3 129 157 225
Total operating expenses 2,759 2,320 7,837 6,084
Income from operations 1,459 991 3,498 2,704
Other income (expense) 67 85 221 191
Interest and related charges [7] 312 [8] 235 [8] 833 [9] 729 [9]
Income before income tax expense 1,214 841 2,886 2,166
Income tax expense 220 [8] 151 [8] 519 [3],[9] 356 [9]
Net Income Including Noncontrolling Interests 994 690 2,367 1,810
Noncontrolling Interests 114 [10] 22 [10] 267 [11] 122 [11]
Net Income $ 880 $ 668 $ 2,100 $ 1,688
[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 $(1) million and $(2) million for the three months ended September 30, 2026 and 2025, respectively, and $(1) million and $(5) million for the nine months ended September 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.