D · 8-K · 20261030PR439883

Margin Drivers

DOMINION ENERGY, INC · 2026-10-30 · Importance 58 · Surprise 56

Third-quarter 2026 income from operations increased to $1.842 billion from $1.339 billion, while operating margin as a share of revenue improved to about 32.8% from 29.6%. In Dominion Energy Virginia, the $183 million increase in operating earnings included $137 million from 2025 biennial review impacts and $112 million from rider equity return, partly offset by $48 million of higher electric capacity expense. Dominion Energy South Carolina gained $46 million from base and RSA rate case impacts and $36 million from weather. Contracted Energy margin contributed a $22 million year-over-year benefit, while renewable energy investment tax credits reduced its quarterly contribution by $43 million.

Key facts

• Dominion Energy Virginia's third-quarter 2026 earnings included a $137 million benefit from 2025 Biennial Review impacts and a $112 million benefit from rider equity return. source
• Dominion Energy Virginia's third-quarter operating earnings contribution increased $183 million, including a $55 million weather benefit and $19 million from customer usage and other factors. source
• Dominion Energy Virginia's third-quarter 2026 earnings were reduced by $48 million from electric capacity expense, $16 million from storm damage and service restoration, and $6 million from planned outage costs. source
• Dominion Energy South Carolina's third-quarter operating earnings contribution increased $62 million, including $36 million from weather and $19 million from customer usage and other factors. source
• Dominion Energy South Carolina's third-quarter earnings contribution included $46 million from base and RSA rate case impacts. source
• Dominion Energy's Contracted Energy third-quarter earnings contribution included a $22 million increase from margin. source