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Dayton Power & Light earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 3, 2026

Q3 2026 Revenue up 21% year over year to $353M · 12¢ of every $1 of revenue kept as net profit · operating margin 19.6%

Dayton Power & Light made $353M in Q3 2026 (+21% Y/Y). Operating margin 19.6%, net earnings $42.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.

Revenue$353M
Year over year+21%
Operating margin19.6%
Net earnings$42.0M
Operating cash flow$71.0M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $353.2M in Q3 2026, up 21% year over year and up 33% from the previous quarter.

Operating profit was $69.4M, a 19.6% margin (up 5.0 points year over year). Of the extra revenue versus Q3 2025, 44% reached operating profit, above the 15% margin then. Total costs grew 14% against revenue growth of 21%. Net earnings were $42.0M, up 149% year over year. The effective tax rate was 22.9%.

Operating cash flow was $71.0M (down 13% year over year), 169% of net earnings. Non-cash charges added back $30.0M of depreciation and amortization. Capital expenditures of $148.2M exceeded it, leaving free cash flow of −$77.2M.

Quarterly history

Dayton Power & Light revenue by quarterDayton Power & Light revenue by quarter$252MQ1 2025$228MQ2 2025$293MQ3 2025$289MQ4 2025$339MQ1 2026$266MQ2 2026$353MQ3 2026
Dayton Power & Light net earnings by quarterDayton Power & Light net earnings by quarter$2.7MQ1 2025$5.5MQ2 2025$16.9MQ3 2025$17.5MQ4 2025$42.2MQ1 2026$10.5MQ2 2026$42.0MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 3, 2026$353M+21%19.6%$42.0M$71.0M
Q2 202610-QAug 4, 2026$266M+17%10.2%$10.5M$95.6M
Q1 202610-QMay 5, 2026$339M+34%20.7%$42.2M$68.7M
Q4 202510-KMar 2, 2026$289M—14.1%$17.5M$62.1M
Q3 202510-QNov 4, 2025$293M—14.7%$16.9M$81.3M
Q2 202510-QAug 1, 2025$228M—10.4%$5.5M−$27.6M
Q1 202510-QMay 1, 2025$252M—11.3%$2.7M$34.9M

Charts

Dayton Power & Light: revenue growth, year over year and quarter over quarterDayton Power & Light: revenue growth, year over year and quarter over quarterY/YQ/Q-10%Q2 2025+29%Q3 2025-1%Q4 2025+34%+17%Q1 2026+17%-21%Q2 2026+21%+33%Q3 2026
Latest (Q3 2026): Y/Y +21%, Q/Q +33%.
Dayton Power & Light: where the cash came from (+) and went (−), TTM to Q3 2026Dayton Power & Light: where the cash came from (+) and went (−), TTM to Q3 2026Capital spending−$495MOperating cash flow$297MOther financing$95.0MOther investing$91.2MCash drawn (+) / kept (−)$11.2M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Dayton Power & Light: profit against cash, quarter by quarterDayton Power & Light: profit against cash, quarter by quarterNet incomeOperating cash flow$10.7M$43.2MQ1 2025$5.5M−$35.9MQ2 2025$16.9M$81.3MQ3 2025$17.5M$62.1MQ4 2025$42.2M$68.7MQ1 2026$10.5M$95.6MQ2 2026$42.0M$71.0MQ3 2026
Latest (Q3 2026): Net income $42.0M, Operating cash flow $71.0M.
Dayton Power & Light: long-term debt falling due (FY2025)Dayton Power & Light: long-term debt falling due (FY2025)$200K2026$140M2027$92.7M2028$200K2029$375M2030$788MLater
Cash $60.7M, short-term investments —, long-term debt $1.4B at 2025-12-31.
Dayton Power & Light in its industry: growth against margin (29 companies, SIC 4931)Dayton Power & Light in its industry: growth against margin (29 companies, SIC 4931)revenue growth, year over year →↑ operating marginmedian +7%median 22%DUKPepco Holdings LLCEXCPCGEDXELConsolidated Edison Co of New York IncPEGAEEWECCMSEVRGNorthern States Power CoEvergy Kansas Central, Inc.Public Service Co of ColoradoArizona Public Service CoNILNTSouthwestern Public Service CoWisconsin Public Service CorpNWEAVADPL LLCNorthern States Power CoMadison Gas & Electric CoGNEUTLCPWRDayton Power & Light (+21%, 20%)
Electric & Other Services Combined; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Dayton Power & Light

Concerns about GHG emissions and the potential risks associated with climate change have led to increased regulation and other actions that could impact our business. Although we have exited our generation business, our continuing operations face risks from regulatory developments related to climate change, as well as the physical impacts of climate change. At the federal, state and regional levels, policies are under development or have been developed to regulate GHG emissions. There currently is no U.S. federal legislation imposing mandatory GHG emission reductions (including for CO 2 ) that affects our current operations.

In its own words, from its 10-K, filed Mar 2, 2026.

Dayton Power & Light against its Electric & Other Services Combined peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +21% against the peers' median +8%. Operating margin: 19.6% against the peers' median 20.6%.

CompanyQuarterRevenueY/YOp. margin
Dayton Power & LightQ3 2026$353M+21%19.6%
DUK Duke EnergyQ3 2026$9.1B+7%30.2%
Pepco Holdings LLCQ3 2026$7.3B+9%18.8%
EXC ExelonQ1 2026$7.2B+8%22.2%
PCG PG&EQ3 2026$6.2B-1%20.2%
ED Consolidated EdisonQ3 2026$4.9B+8%23.8%
XEL Xcel EnergyQ3 2026$4.2B+7%28.5%
Consolidated Edison Co of New YorkQ2 2026$4.1B+13%13.6%
PEG Public Service Enterprise GroupQ3 2026$3.0B-6%20.6%

Source: Dayton Power & Light 10-Q on SEC EDGAR · CIK 27430 · Electric & Other Services Combined