Back to News
Feb 23, 2026 12:40 PM

Dominion Energy Expands Spending Plan To Fuel Explosive Data Center Growth

On Monday, Dominion Energy Inc. (NYSE:D) reported fourth-quarter 2025 results that topped Wall Street expectations on both earnings and revenue.

Earnings Snapshot

The company posted operating earnings, a non-GAAP measure, of 68 cents per share, exceeding the consensus estimate of 67 cents and up from 58 cents per share in the year-earlier quarter.

Total operating revenue rose to $4.093 billion, surpassing the analyst estimate of $3.653 billion and increasing 20.38% from a year earlier.

By segment, Dominion Energy Virginia posted operating earnings of $536 million, up from $440 million a year earlier.

Dominion Energy South Carolina generated $106 million in operating earnings, compared with $102 million in the prior-year quarter.

The Contracted Energy segment delivered a sharper increase, with operating earnings rising to $117 million from $54 million a year ago.

As of December 2025, Dominion had secured nearly 48.5 gigawatts of contracted data center ...