← Research LibraryThe BriefFY2025 ended December 31, 2025 · headline figures audited against SEC data
Selling stakes to fund the build, with free cash flow negative and the dividend still paid
The read at a glance✓ Audited against SEC data
- Growth — Revenue up to $32.24B; weather-normal sales grew on residential and data centre demandOK
- Profitability — Operating income $8.63B on revenue of $32.24B; net income up to $4.97BOK
- Balance sheet — Two transactions raising $8.48B announced to fund the capital plan and replace planned debt and equity issuanceWatch
- Accounting quality — Earnings-quality score 100 and no earnings-manipulation flagOK
- Capital allocation — $3.30B of dividends paid against free cash flow of ($1.69B)Watch
- Demand — Commercial strength including data centre usage; industrial sales remained softOK
What happened
Duke Energy grew revenue to $32.24 billion and net income to $4.97 billion, which the company attributes to recovery of growing infrastructure investments and growth in its service territories, partly offset by higher operation and maintenance expense, interest expense, property taxes and depreciation on a larger asset base.
Where the revenue comes from
Fiscal 2025, as Duke Energy CORP reports it. History and quarterly detail are in the app.
Leadership changes
From Duke Energy CORP's own filings, the day they're filed.
- Cynthia S. Lee · Chief Accounting Officer · departureeff. 2026-12-31
- Joyce Mullen · chief executive officer · appointmenteff. 2026-09-28
- Abigail L. Motsinger · President · appointmenteff. 2026-03-01
Latest filings
- 8-K · Company announcement2026-09-25
- 8-K · Company announcement2026-08-13
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-08-04
- 10-Q · Quarterly report2026-08-04
In the full recordFree for 14 days
- The business🔒
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Why it matters🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Duke Energy CORP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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