NYSE$DUK

Duke Energy Corp · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Duke Energy reported Q3 2025 regulated and total operating revenues of $8.54B with net income available to common of $1.41B and diluted EPS of $1.81.

Total operating revenues were $8.54 billion; net income available to common stockholders was $1.41 billion. Diluted EPS was $1.81 versus $1.60 a year ago. Regulated electric revenue grew on rate recovery and customer growth.

  • Q3 operating revenues $8.54B.
  • EPS $1.81; continuing utility earnings strong.
  • Regulated electric revenue $8.11B.
  • Capital plan supports grid investment and clean transition.

Headline financials

Total Revenue

$8.38B

Previous: $8.13B+3.1%
EPS (adj)

$1.81

Previous: $1.62+11.7%
Adj. effective tax rate

10.8%

No prior period
Capital Expenditures

-$9.88B

Previous: -$9.19B-7.5%
Free Cash Flow

-$8.46B

Previous: -$7.91B-7.0%
Net Income

$1.42B

Previous: $1.28B+10.9%
Operating Income

$2.33B

Previous: $2.14B+8.9%
Gross Profit

-$1.63B

Previous: -$1.52B-7.3%
Cash & Equivalents

$688M

Previous: $376M+83.0%
Total Assets

$192B

Previous: $184B+4.8%

Revenue & EPS history

Duke Energy · Revenue · Quarterly

$8.38B

Q3 2025+3.1%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Utility and midstream outlook ties to rates, load growth, and regulatory outcomes.

Tailwinds

  • Regulated rate base growth.
  • Load and customer growth.
  • Defined capital investment plans.

Headwinds

  • Interest rates and regulatory lag.
  • Weather and fuel costs.
  • Policy and litigation risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.1%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-0.6%

Avg return

30 days after

56%

41 / 73 earnings

Positive

+3.5%

Q2 2023

Best reaction

-5.8%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-2.6%-4.9%
Q4 2025+1.6%+5.3%+8.3%
Q3 2025-0.3%-0.1%-6.0%
Q2 2025-0.1%+0.9%-2.7%
Q1 2025+1.8%-0.3%-4.1%
Q4 2024-2.1%-4.7%+3.2%
Q3 2024-0.4%-1.5%-1.3%
Q2 2024+2.3%+1.5%+5.3%
Q1 2024+2.0%+2.2%+2.4%
Q4 2023-4.0%-4.1%-0.6%
Q3 2023+0.8%-0.3%+3.5%
Q2 2023+3.5%+4.6%-0.3%
Q1 2023+0.2%-1.5%-7.0%
Q4 2022-0.1%+0.3%-6.4%
Q3 2022-1.1%+0.2%+6.8%
Q2 2022-1.5%-0.9%-3.4%
Q1 2022-2.2%-1.8%-0.7%
Q4 2021-4.7%-5.2%+1.4%
Q3 2021-0.8%-0.6%-2.6%
Q2 2021+0.2%+0.2%-1.0%
Q1 2021+2.7%+2.2%+0.5%
Q4 2020-4.1%-5.7%-2.5%
Q3 2020-0.1%+3.8%-2.6%
Q2 2020-3.4%-5.1%-4.6%
Q1 2020+0.3%-0.6%+6.6%
Q4 2019+3.4%+4.2%-12.4%
Q3 2019-5.4%-4.4%-3.0%
Q2 2019+2.2%+3.2%+7.4%
Q1 2019+0.2%-0.9%-0.9%
Q4 2018-2.3%-1.8%+1.2%
Q3 2018+2.4%+3.7%+8.5%
Q2 2018+0.6%-0.2%+0.2%
Q1 2018+0.3%-0.9%-5.8%
Q4 2017-1.8%+0.7%-0.7%
Q3 2017-0.8%+0.8%+0.2%
Q2 2017+0.9%+1.0%+1.6%
Q1 2017-0.5%+0.7%+3.0%
Q4 2016+2.1%+0.4%+2.1%
Q3 2016+1.5%-0.8%-5.8%
Q2 2016-1.1%-0.5%-5.8%
Q1 2016+1.4%
Q4 2015-1.3%
Q3 2015-5.8%
Q2 2015+1.6%
Q1 2015+0.5%
Q4 2014-0.3%
Q3 2014-1.3%
Q2 2014+2.7%
Q1 2014-0.3%
Q4 2013+0.1%
Q3 2013+0.6%
Q2 2013+0.2%
Q1 2013-2.5%
Q4 2012-2.2%
Q3 2012-1.6%
Q2 2012+1.6%
Q1 2012+0.2%
Q4 2011-0.7%
Q3 2011-1.4%
Q2 2011-1.4%
Q1 2011+1.4%
Q3 2008+1.0%
Q4 2010+1.0%
Q3 2010-0.5%
Q1 2009+0.9%
Q2 2010+0.9%
Q1 2010+0.1%
Q4 2009+0.7%
Q4 2007+0.7%
Q3 2009+1.6%
Q4 2008+0.5%
Q2 2009+0.5%
Q2 2008+0.5%

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