Dominion Energy’s Q3 Shocker: Data Center Boom and Offshore Wind Pay Off in Surging Profits
Dominion Energy reported Q3 2025 operating earnings of $1.06 per share, beating expectations, and GAAP net income rose to $1.0 billion from $934 million a year ago. Revenue jumped 15% to $4.53 billion, driven by strong power demand in Virginia and South Carolina. The company narrowed full-year guidance and is contracting to supply 47 GW of new data center capacity. Offshore wind project costs rose to $11.2 billion but remains on schedule.