Duke Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	33,166	32,237	30,357	29,060	28,768	24,621
Revenue Growth (YoY)	7.21%	6.19%	4.46%	1.01%	16.84%	5.37%
Fuel and Purchased Power Expense	9,512	9,041	9,771	9,679	10,058	6,960
Operations and Maintenance Expenses	6,951	6,698	5,389	5,625	5,734	5,703
Gross Profit	16,703	16,498	15,197	13,756	12,976	11,958
Depreciation & Amortization Expenses	6,501	6,324	5,793	5,253	5,086	4,762
Taxes Other than Income Tax	1,621	1,597	1,466	1,400	1,466	1,355
Net Gains on Disposal of Operating Assets	423	45	26	52	22	12
Other Operating Expenses	-4	-4	38	85	434	353
Operating Income	9,008	8,626	7,926	7,070	6,012	5,500
Interest Income	47	51	-9	113	113	62
Interest Expense	-3,713	-3,634	-3,384	-3,014	-2,439	-2,207
Other Non-Operating Income (Expense)	670	669	661	598	392	636
Total Non-Operating Income (Expense)	-2,996	-2,914	-2,732	-2,303	-1,934	-1,509
Pretax Income	6,012	5,712	5,194	4,767	4,078	3,991
Provision for Income Taxes	782	642	590	438	300	268
Net Income	5,083	4,912	4,402	2,735	2,444	3,802
Minority Interest in Earnings	105	103	90	33	-95	-329
Net Income Attributable to Preferred Dividends	56	56	122	106	106	106
Earnings From Discontinued Operations	14	1	10	-1,455	-1,323	-144
Net Income to Common	5,083	4,912	4,402	2,735	2,444	3,802
Net Income Growth	8.89%	11.59%	60.95%	11.91%	-35.72%	199.37%
Shares Outstanding (Basic)	778	777	772	771	770	769
Shares Outstanding (Diluted)	778	777	772	771	770	769
Shares Change (YoY)	0.55%	0.65%	0.13%	0.13%	0.13%	4.20%
EPS (Basic)	6.53	6.31	5.71	3.54	3.17	4.68
EPS (Diluted)	6.53	6.31	5.71	3.54	3.17	4.68
EPS Growth	8.11%	10.51%	61.30%	11.67%	-32.27%	172.09%
Shares Outstanding	778	778	776	771	770	769
Free Cash Flow	-3,299	-1,694	48	-2,726	-5,440	-1,425
Free Cash Flow Per Share	-4.24	-2.18	0.06	-3.54	-7.06	-1.85
Dividends Per Share	4.240	4.220	4.140	4.060	3.980	3.900
Dividend Growth	0.47%	1.93%	1.97%	2.01%	2.05%	2.09%
Gross Margin	50.36%	51.18%	50.06%	47.34%	45.11%	48.57%
Operating Margin	27.16%	26.76%	26.11%	24.33%	20.90%	22.34%
Profit Margin	15.77%	15.73%	15.17%	14.90%	13.13%	15.12%
FCF Margin	-9.95%	-5.25%	0.16%	-9.38%	-18.91%	-5.79%
EBITDA	16,905	16,330	14,345	13,154	11,855	11,163
EBITDA Margin	50.97%	50.66%	47.25%	45.27%	41.21%	45.34%
EBIT	9,008	8,626	7,926	7,070	6,012	5,500
EBIT Margin	27.16%	26.76%	26.11%	24.33%	20.90%	22.34%
Effective Tax Rate	13.01%	11.24%	11.36%	9.19%	7.36%	6.72%

Updated May 5, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q