Duke Energy income statement
In fiscal 2025, Duke Energy reported revenue of $32.24bn, up 6.2% on the year before, operating income of $8.63bn (a 26.8% margin) and net income of $4.97bn, or $6.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.7 | 14.3 | 14.5 | 19.6 | 22.8 | 22.5 | 22.4 | 22.7 | 23.6 | 24.5 | 25.1 | 23.4 | 24.6 | 28.8 | 29.1 | 30.4 | 32.2 | 33.3 |
| Cost of revenue | — | — | — | — | — | — | — | 6.6 | 6.4 | 6.8 | 6.8 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | 16.1 | 17.2 | 17.7 | 18.3 | — | — | — | — | — | — | — |
| Operating income | 2.2 | 2.5 | 2.8 | 2.9 | 4.9 | 4.8 | 5.1 | 5.2 | 5.6 | 4.7 | 5.7 | 4.6 | 5.5 | 6.0 | 7.1 | 7.9 | 8.6 | 9.2 |
| Interest expense | 0.8 | 0.8 | 0.9 | 1.2 | 1.5 | 1.5 | 1.5 | 1.9 | 2.0 | 2.1 | 2.2 | 2.1 | 2.2 | 2.4 | 3.0 | 3.4 | 3.6 | 3.8 |
| Income before tax | 1.8 | 2.2 | 2.5 | 2.2 | 3.8 | 3.8 | 3.9 | 3.7 | 4.3 | 3.1 | 4.1 | 0.9 | 4.0 | 4.1 | 4.8 | 5.2 | 5.7 | 6.2 |
| Income tax | 0.8 | 0.9 | 0.8 | 0.6 | 1.2 | 1.2 | 1.3 | 1.2 | 1.2 | 0.4 | 0.5 | −0.2 | 0.3 | 0.3 | 0.4 | 0.6 | 0.6 | 0.8 |
| Net income | 1.1 | 1.3 | 1.7 | 1.8 | 2.7 | 1.9 | 2.8 | 2.2 | 3.1 | 2.7 | 3.7 | 1.4 | 3.9 | 2.6 | 2.8 | 4.5 | 5.0 | 5.2 |
| Diluted EPS | $2.49 | $3.00 | $3.83 | $3.07 | $3.76 | $2.66 | $4.05 | $3.11 | $4.36 | $3.76 | $5.06 | $1.72 | $4.94 | $3.17 | $3.54 | $5.71 | $6.31 | $6.74 |
| Diluted shares (average) | 431m | 440m | 444m | 575m | 706m | 707m | 694m | 691m | 700m | 708m | 729m | 738m | 769m | 770m | 771m | 772m | 777m | 778m |
| EBITDA | 4.1 | 4.5 | 4.8 | 5.6 | 8.1 | 8.3 | 8.7 | 9.1 | 9.7 | 9.4 | 10.9 | 10.1 | 11.2 | 11.9 | 13.2 | 14.3 | 16.3 | 17.0 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,154 | 7,360 | 8,249 | 7,508 | 8,542 | 7,938 | 9,178 | 7,592 |
| Operating income | 2,144 | 2,112 | 2,343 | 1,830 | 2,334 | 2,119 | 2,725 | 2,049 |
| Interest expense | 872 | 871 | 889 | 897 | 902 | 946 | 968 | 957 |
| Income before tax | 1,453 | 1,338 | 1,597 | 1,127 | 1,630 | 1,358 | 1,897 | 1,305 |
| Income tax | 163 | 109 | 193 | 119 | 176 | 154 | 333 | 160 |
| Net income | 1,281 | 1,205 | 1,379 | 984 | 1,421 | 1,184 | 1,550 | 1,092 |
| Diluted EPS | $1.60 | $1.54 | $1.76 | $1.25 | $1.81 | $1.50 | $1.97 | $1.38 |
| EBITDA | 3,836 | 3,739 | 4,034 | 3,798 | 4,419 | 4,079 | 4,609 | 3,867 |
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