Dominion Energy's Q1 2026 Earnings Show Growth Amid Funding Strain, 2026 Guidance Reaffirmed

Dominion Energy reported a 23.1% increase in Q1 2026 revenue to US$5,019 million and a 42.6% rise in net income from continuing operations (trailing twelve months) to US$3,153 million. Despite a 9.6% decline in basic EPS to US$0.70 for Q1 2026, the company reaffirmed its 2026 guidance and credit targets, with operating EPS at US$0.79. The company is facing funding and balance sheet strain while investing in offshore wind, new gas plants, and supporting increasing data center demand. Contracted data center capacity grew by over 5 GW to approximately 12 GW, with a wider pipeline of over 53 GW.