Duke Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	32,237	29,934	28,602	28,319	24,201
Revenue Growth (YoY)	7.69%	4.66%	1.00%	17.02%	5.45%
Fuel & Purchased Power	8,058	9,206	9,086	8,782	6,255
Operations & Maintenance	6,698	5,391	5,405	5,573	5,592
Depreciation & Amortization	6,324	5,793	5,253	5,086	4,745
Other Operating Expenses	2,580	1,608	1,535	2,293	1,640
Total Operating Expenses	23,660	21,998	21,279	21,734	18,232
Operating Income	8,577	7,936	7,323	6,585	5,969
Interest Expense	-3,634	-3,384	-3,014	-2,439	-2,207
Interest Income	-	63	29	27	13
Net Interest Expense	-3,634	-3,321	-2,985	-2,412	-2,194
Income (Loss) on Equity Investments	51	-9	113	113	62
Allowance for Equity Funds for Construction	-	233	198	197	171
Other Non-Operating Income (Expenses)	669	368	371	168	452
EBT Excluding Unusual Items	5,663	5,207	5,020	4,651	4,460
Restructuring Charges	-	-16	-269	-208	-261
Gain (Loss) on Sale of Assets	45	26	52	22	12
Asset Writedown	4	4	-36	-362	-220
Legal Settlements	-	-	-	-25	-
Other Unusual Items	-	-27	-	-	-
Pretax Income	5,712	5,194	4,767	4,078	3,991
Income Tax Expense	642	590	438	300	268
Earnings From Continuing Ops.	5,070	4,604	4,329	3,778	3,723
Earnings From Discontinued Ops.	1	10	-1,455	-1,323	-144
Net Income to Company	5,071	4,614	2,874	2,455	3,579
Minority Interest in Earnings	-103	-90	-33	95	329
Net Income	4,968	4,524	2,841	2,550	3,908
Preferred Dividends & Other Adjustments	56	122	106	106	109
Net Income to Common	4,912	4,402	2,735	2,444	3,799
Net Income Growth	9.81%	59.24%	11.41%	-34.75%	183.81%
Shares Outstanding (Basic)	777	772	771	770	769
Shares Outstanding (Diluted)	777	772	771	770	769
Shares Change (YoY)	0.65%	0.13%	0.13%	0.13%	4.20%
EPS (Basic)	6.32	5.70	3.55	3.17	4.94
EPS (Diluted)	6.32	5.70	3.55	3.17	4.94
EPS Growth	10.87%	60.74%	11.76%	-35.75%	187.22%
Free Cash Flow	12,330	48	-2,726	-5,440	-1,425
Free Cash Flow Per Share	15.87	0.06	-3.54	-7.07	-1.85
Dividend Per Share	4.220	4.140	4.060	3.980	3.900
Dividend Growth	1.93%	1.97%	2.01%	2.05%	2.09%
Profit Margin	15.24%	14.71%	9.56%	8.63%	15.70%
Free Cash Flow Margin	38.25%	0.16%	-9.53%	-19.21%	-5.89%
EBITDA	14,901	14,355	13,407	12,428	11,632
EBITDA Margin	46.22%	47.96%	46.87%	43.89%	48.06%
D&A For EBITDA	6,324	6,419	6,084	5,843	5,663
EBIT	8,577	7,936	7,323	6,585	5,969
EBIT Margin	26.61%	26.51%	25.60%	23.25%	24.66%
Effective Tax Rate	11.24%	11.36%	9.19%	7.36%	6.71%
Revenue as Reported	32,237	30,357	29,060	28,768	24,621

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q