Income StatementBalance SheetCash FlowSegments
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Duke Energy Business Segments

Business, geographic, and product segment breakdowns

Duke Energy generates $32.0B in annual revenue across 2 key segments: Electric Utilitiesand Infrastructure ($28.3B), and Gas Utilitiesand Infrastructure ($2.6B). The company-wide operating margin is 28.15%. Based on the Q1 2026 filing.

Electric Utilitiesand Infrastructure (TTM)$28.3BGas Utilitiesand Infrastructure (TTM)$2.6B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$98.0B
P/E Ratio19.04

Products & Services

Cost of Sales

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Natural Gas Reserves$78.0M$70.0M$185.0M$374.0M$158.0M—
Electricity$2.2B$2.6B$2.0B$2.1B$1.9B—

Revenue from contracts with customers

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Other Revenues$325.0M$262.0M$275.0M$313.0M$332.0M—

Operating Revenues

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Retail Electric$6.1B$6.1B$6.1B———
Retail Gas$580.0M$580.0M$580.0M———
Wholesale Electric$554.8M$554.8M$554.8M———

Business Segments

Accumulated impairment charges

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$0.0$0.0$0.0$0.0$0.0—
Gas Utilitiesand Infrastructure$0.0$0.0$0.0$0.0$0.0—

D&A

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$1.2B——$1.3B$1.4B—
Gas Utilitiesand Infrastructure$96.0M——$107.0M$112.0M—
Total Reportable Segments$1.3B——$1.4B$1.5B—

Equity in earnings of unconsolidated affiliates

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$1.0M———$0.0—
Gas Utilitiesand Infrastructure$0.0——$5.0M$1.0M—
Total Reportable Segments$1.0M——$5.0M$1.0M—

Equity Method Investment, Realized Gain (Loss) on Disposal

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure-$3.8M-$3.8M-$3.8M———
Gas Utilities and Infrastructure-$13.5M-$13.5M-$13.5M———

Goodwill

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$17.4B$17.4B$17.4B$17.4B$17.4B—
Gas Utilitiesand Infrastructure$1.9B$1.9B$1.9B$1.9B$1.9B—

Impairment of assets and other charges

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure$42.0M———-$1.0M—
Gas Utilities and Infrastructure$0.0———$0.0—

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$1.1B$1.5B$1.2B$1.3B$1.2B$1.3B
Gas Utilitiesand Infrastructure$9.0M-$25.0M$189.0M$349.0M$15.0M$532.0M
Total Reportable Segments$1.1B$1.4B$1.4B$1.6B$1.2B—

Income Tax Expense From Continuing Operations

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$214.0M——$189.0M$200.0M—
Gas Utilitiesand Infrastructure$4.0M——$91.0M-$7.0M—
Total Reportable Segments$216.0M——$280.0M$196.0M—

Interest Expense

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure$488.0M———$535.0M—
Gas Utilities and Infrastructure$61.0M———$65.0M—

Investments in equity method unconsolidated affiliates

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure——$28.0M———
Gas Utilitiesand Infrastructure——$186.0M———
Other——$139.0M———

Less: Preferred Dividends

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure$0.0———$0.0—
Gas Utilities and Infrastructure$0.0———$0.0—

Non-Controlling Interests

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure$22.0M——$25.0M$23.0M—
Gas Utilities and Infrastructure$0.0——$0.0$0.0—

Operating Revenues

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$6.8B$7.9B$6.6B$7.1B$7.0B$7.9B
Gas Utilitiesand Infrastructure$381.0M$332.0M$775.0M$1.1B$493.0M$1.3B
Total Reportable Segments$7.2B$8.2B$7.4B$8.3B$7.5B—

Operation, maintenance and other

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure$1.3B——$1.4B$1.6B—
Gas Utilities and Infrastructure$117.0M——$125.0M$129.0M—

Other Segment Income (Expense)

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure$141.0M——$135.0M$171.0M—
Gas Utilities and Infrastructure$17.0M——$13.0M$13.0M—

Ownership interest (as a percent)

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure——50.0%———
Gas Utilitiesand Infrastructure——50.0%———
Other——17.5%———

Property and other taxes

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilities and Infrastructure$351.0M——$378.0M$371.0M—
Gas Utilities and Infrastructure$38.0M——$47.0M$41.0M—

Revenue from contracts with customers

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$6.8B$7.8B$6.5B$7.1B$6.9B—
Gas Utilitiesand Infrastructure$349.0M$309.0M$738.0M$1.2B$436.0M—

Total Assets

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Electric Utilitiesand Infrastructure$159.8B$161.5B$164.0B$164.8B$167.4B—
Gas Utilitiesand Infrastructure$17.6B$17.9B$18.1B$18.2B$18.3B—
Total Reportable Segments$177.4B$179.3B$182.1B$183.0B$185.7B—

Board representation and voting rights, ownership interest (as a percent)

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Other——25.0%———

Equity in (losses) earnings of unconsolidated affiliates

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Other$12.5M$12.5M$12.5M———

Less: Preferred Redemption Costs

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Other$4.0M$4.0M$4.0M———