Dominion Energy (D) Revenue — Quarter Ended Sep 30, 2024
Revenue increased compared to the prior quarter and also edged higher than the same quarter last year. The sequential improvement reflects a notable rebound from the previous period.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased compared to the prior quarter and also edged higher than the same quarter last year. The sequential improvement reflects a notable rebound from the previous period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+13.1%
Change from the immediately preceding quarter.
Year-over-year
+0.7%
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 |
|---|---|---|
| Dec 31, 2023 | $3.5B | -7.2% |
| Mar 31, 2024 | $3.6B | -6.5% |
| Jun 30, 2024 | $3.3B | +26.3% |
| Sep 30, 2024 | $3.8B | +0.7% |
Revenue performance
The reported revenue rose sharply from the immediately preceding quarter, while the year-over-year comparison showed a modest increase.
Quarterly comparison
Compared with the prior quarter, revenue was higher; versus the same quarter a year ago, revenue was also slightly above the prior-year level.
What to watch
The company's offshore wind project, which involves an estimated total cost of about ten billion dollars, is advancing with major construction activities.