Dominion Energy (D) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter was lower than the previous quarter. However, compared to the same quarter one year earlier, revenue was higher.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter was lower than the previous quarter. However, compared to the same quarter one year earlier, revenue was higher.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
-7.8%
Change from the immediately preceding quarter.
Year-over-year
+26.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $3.8B | +43.1% |
| Dec 31, 2023 | $3.5B | -7.2% |
| Mar 31, 2024 | $3.6B | -6.5% |
| Jun 30, 2024 | $3.3B | +26.3% |
Revenue performance
The sequential decline in revenue was observed in the current period. The year-over-year increase indicates growth from the prior year's comparable period.
Quarterly comparison
When measured against the immediately preceding quarter, revenue decreased. Against the same quarter one year earlier, revenue increased.
What to watch
The filing notes new EPA rules that resulted in a significant increase in asset retirement obligations, which could affect future financial results.