Duke Energy Reports Increase in Revenue and Operating Income
Charlotte, N.C. * Duke Energy (NYSE: DUK) has announced its financial results for the third quarter ending September 30, 2025. The company reported a total revenue of $12.3 billion, indicating a 7% increase from the same period last year. Operating income also showed a significant rise, reaching $2.5 billion, up by 12% compared to the previous year.
The company's electric utilities served 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, while its natural gas utilities served 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky. Duke Energy collectively owns 55,100 megawatts of energy capacity.
Duke Energy has been focusing on an ambitious energy transition, investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables, and energy storage. This strategic approach has contributed to the company's impressive financial performance.
Jeffrey Guldner, Duke Energy's newly appointed board member, brings a wealth of experience to the company. Guldner, who previously served as chairman of the board, president, and CEO of Pinnacle West Capital Corporation and its primary subsidiary, Arizona Public Service Company (APS), led the company through a period of unprecedented economic growth. During his tenure, APS met record energy demands while maintaining affordability and reliability for its customers.
Guldner's leadership and energy sector insights are expected to bring substantial value to Duke Energy as it continues to shape the future of energy and provide exemplary governance for its stakeholders.
As Duke Energy advances its strategy under Guldner's guidance, the company aims to maintain its upward trajectory and drive constructive outcomes for its employees, customers, and shareholders.
For more information about Duke Energy's financial results and strategic initiatives, visit the Duke Energy News Center. The market has reacted to these announcements by moving the company's shares 0.2% to a price of $122.36. If you want to know more, read the company's complete 8-K report here.