Duke Energy | 10-Q: FY2025 Q1 Revenue: USD 8.249 B

Revenue: As of FY2025 Q1, the actual value is USD 8.249 B.

EPS: As of FY2025 Q1, the actual value is USD 1.76, beating the estimate of USD 1.6203.

EBIT: As of FY2025 Q1, the actual value is USD 1.597 B.

Electric Utilities and Infrastructure (EU&I) Segment

• Operating Revenue: $7,064 million for the three months ended March 31, 2025, compared to $6,732 million for the same period in 2024.
• Operating Income: $2,343 million for the three months ended March 31, 2025, compared to $1,963 million for the same period in 2024.
• Net Income: $1,404 million for the three months ended March 31, 2025, compared to $1,154 million for the same period in 2024.

Gas Utilities and Infrastructure (GU&I) Segment

• Operating Revenue: $1,105 million for the three months ended March 31, 2025, compared to $866 million for the same period in 2024.
• Operating Income: $392 million for the three months ended March 31, 2025, compared to $309 million for the same period in 2024.
• Net Income: $234 million for the three months ended March 31, 2025, compared to $179 million for the same period in 2024.

Cash Flow

• Operating Cash Flow: $2,177 million for the three months ended March 31, 2025, compared to $2,474 million for the same period in 2024.
• Investing Cash Flow: - $3,300 million for the three months ended March 31, 2025, compared to - $3,342 million for the same period in 2024.
• Financing Cash Flow: $1,238 million for the three months ended March 31, 2025, compared to $1,029 million for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: Duke Energy Corporation aims to implement its business strategy by meeting forecasted load growth demand, grid and fleet modernization objectives, and carbon emission reduction goals, while balancing customer reliability and affordability.
• Non-Core Business: The company is focused on divesting its Commercial Renewables Disposal Groups, excluding the offshore wind contract for Carolina Long Bay.