Filing Flows › Duke Energy (DUK) › Q1 2025
Duke Energy (DUK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Duke Energy (DUK) reported revenue of $8.2B for the first quarter 2025 (Q1 2025), +8% from a year earlier and +12% from the quarter before. Operating margin was 28.4%, net earnings $1.4B (16.7% of revenue).
Duke Energy, Q1 2025: revenue $8.2B (+8% year over year), operating margin 28.4%, net earnings $1.4B, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.2B | +12% | +8% |
| Operating profit | $2.3B | +11% | +19% |
| Net earnings | $1.4B | +14% | +21% |
| Operating cash flow | $2.2B | -36% | -12% |
What changed
Revenue was $8.2B in Q1 2025, up 8% year over year and up 12% from the previous quarter.
Operating profit was $2.3B, a 28.4% margin (up 2.8 points year over year). Of the extra revenue versus a year earlier, 66% reached operating profit, above the 26% margin then. Total costs grew 3% against revenue growth of 8%. Net earnings were $1.4B, up 21% year over year. The effective tax rate was 12.1%.
Operating cash flow was $2.2B (down 12% year over year), 155% of net earnings. Non-cash charges added back $1.7B of depreciation and amortization. Working capital and other items used $0.92B. Capital expenditures of $3.1B exceeded it, leaving free cash flow of −$1.0B.
Questions
What was Duke Energy's revenue in the first quarter 2025?
Duke Energy (DUK) reported revenue of $8.2B for the first quarter 2025 (Q1 2025), +8% from a year earlier and +12% from the quarter before.
Was Duke Energy profitable in the first quarter 2025?
Operating profit was $2.3B (28.4% of revenue) and net earnings $1.4B.
Source: Duke Energy 10-Q on SEC EDGAR.