Filing Flows › Duke Energy (DUK) › Q3 2026 › vs Q3 2025
Duke Energy (DUK) Q3 2026 vs Q3 2025 (year over year)
Duke Energy's revenue rose $562M (+7%) from $8.5B in Q3 2025 to $9.1B in Q3 2026. The biggest changes: Electric Utilities and Infrastructure +$703M (+9%); Gas Utilities and Infrastructure +$24.0M (+7%). Operating margin 30.2% against 27.3% (+2.8 pts).
Duke Energy, Q3 2026: revenue $9.1B (+7% year over year), operating margin 30.2%, net earnings $1.6B, operating cash flow $3.6B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 30.2% | 27.3% | +2.8 pts |
| Net margin | 17.2% | 16.6% | +0.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Electric Utilities and Infrastructure | $8.8B | $8.0B | $703M | +9% |
| Gas Utilities and Infrastructure | $347M | $323M | $24.0M | +7% |
| Revenue | $9.1B | $8.5B | $562M | +7% |
| Operating profit | $2.7B | $2.3B | $413M | +18% |
| Costs & expenses | $6.4B | $6.2B | $149M | +2% |
| Pre-tax earnings | $1.9B | $1.6B | $319M | +20% |
| Other expense, net | $798M | $704M | $94.0M | +13% |
| Net earnings | $1.6B | $1.4B | $144M | +10% |
| Minority interests | $85.0M | $33.0M | $52.0M | +158% |
| Income tax | $299M | $176M | $123M | +70% |
| Depreciation & amortization | $1.8B | $2.1B | −$255M | -12% |
| Working capital & other | $222M | $126M | $96.0M | +76% |
| Operating cash flow | $3.6B | $3.6B | −$15.0M | -0.4% |
| Capital expenditures | $4.3B | $3.5B | $873M | +25% |
| Negative free cash flow (OCF − capex) | $709M | −$179M | $888M | — |
Questions
How much did Duke Energy's revenue grow year over year in Q3 2026?
Duke Energy's revenue rose $562M (+7%) from $8.5B in Q3 2025 to $9.1B in Q3 2026.
What drove Duke Energy's revenue change in Q3 2026?
Electric Utilities and Infrastructure +$703M (+9%); Gas Utilities and Infrastructure +$24.0M (+7%).