Income StatementBalance SheetCash FlowSegments
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FirstEnergy Income Statement

Revenue, expenses, and profitability over time

FirstEnergy generated $15.5B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $1.1B with a 7.17% net margin. Diluted EPS is $1.92, which grew 0.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$15.5BOperating Income (TTM)$2.3BNet Income (TTM)$1.1BEps Diluted (TTM)$1.92
Latest FilingQ1 2026
Report Date2026-04-28
Market Cap$25.6B
P/E Ratio23.01
ROE8.83%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aircraft fuel$92.0M$149.0M$168.0M$163.0M$172.0M$161.0M
Other Costs and Expenses$769.0M$1.0B$995.0M$976.0M$1.1B$1.5B
Other operating charges$769.0M$1.0B$995.0M$976.0M$1.1B$1.5B
Deferral of regulatory assets, net-$26.0M-$10.0M-$99.0M$89.0M-$89.0M-$457.0M
Other operating expenses$884.0M$1.0B$995.0M$976.0M$1.1B$1.5B
Total operating expenses$2.6B$3.0B$2.7B$3.3B$3.8B$3.4B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$40.3M$18.3M$18.3M$18.3M$18.3M—
Income Taxes Paid, Net$40.3M$18.3M$18.3M$18.3M$18.3M—
Income tax expense$83.0M$126.0M$88.0M$78.0M$0.0$138.0M
Deferred Income Tax Expense$92.0M$97.0M$59.0M$66.0M$0.0$139.0M
Income Taxes Paid, Net$40.3M$18.3M$18.3M$18.3M$18.3M—
Deferred and Other Income Taxes$92.0M$97.0M$59.0M$66.0M$0.0$139.0M
Income and Other Taxes$40.3M$18.3M$18.3M$18.3M$18.3M—

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Interest$265.5M$249.8M$249.8M$249.8M$249.8M—
Other Charges$33.0M$36.0M$41.0M$41.0M$38.0M$48.0M
Interest Costs Incurred$278.0M$288.0M$299.0M$312.0M$318.0M$326.0M
Interest expense$278.0M$288.0M$299.0M$312.0M$318.0M$326.0M
Other income (expense), net-$234.0M-$214.0M-$240.0M-$220.0M$0.0-$224.0M
Interest costs capitalized adjustment$39.0M$38.0M$42.0M$51.0M$54.0M$54.0M
Interest costs incurred$278.0M$288.0M$299.0M$312.0M$318.0M$326.0M
Interest Costs Incurred$278.0M$288.0M$299.0M$312.0M$318.0M$326.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$245.0M$245.0M$257.0M$257.0M$257.0M$257.0M
Net income$261.0M$360.0M$268.0M$441.0M$0.0$405.0M
Common Stock Dividends$245.0M$245.0M$257.0M$257.0M$257.0M$257.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.45$0.62$0.46$0.76$0.00$0.70
Diluted earnings per share$0.45$0.62$0.46$0.76$0.00$0.70
Weighted-average shares, basic—577M577M577M—578M
Weighted-average shares, diluted—578M578M578M—580M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$379.0M$540.0M$406.0M$610.0M$3.0M$604.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income Taxes Paid, Net$40.3M$18.3M$18.3M$18.3M$18.3M—
Interest Paid, Net$265.5M$249.8M$249.8M$249.8M$249.8M—
Comprehensive Income (Loss), Net of Tax, Attributable to Parent—$360.0M———$405.0M
Deferred and other income taxes$92.0M$97.0M$59.0M$66.0M$0.0$139.0M
Depreciation$403.0M$411.0M$415.0M$417.0M$421.0M$421.0M
Fuel$92.0M$149.0M$168.0M$163.0M$172.0M$161.0M
Income Taxes Paid, Net$40.3M$18.3M$18.3M$18.3M$18.3M—
Increase (Decrease) in Accounts and Other Receivables$52.0M$55.0M$0.0-$23.0M$154.0M-$53.0M
Increase (Decrease) in Accounts Payable, Trade$37.0M$25.0M$253.0M-$199.0M$131.0M$19.0M
Increase Decrease In Accrued Income Taxes Payable—-$157.0M$119.0M-$97.0M$240.0M-$187.0M
Accrued compensation and employee benefits—-$7.0M$20.0M-$13.0M—-$91.0M
Increase Decrease In Interest Payable Net-$2.0M$11.0M$23.0M-$5.0M$75.0M-$74.0M
Increase (Decrease) in Inventories$13.0M$18.0M$28.0M-$17.0M$0.0$5.0M
Increase (decrease) in other current liabilities-$73.0M-$16.0M-$34.0M$14.0M$40.0M-$14.0M
Increase (Decrease) in Prepaid Expense and Other Assets—$108.0M$21.0M-$37.0M—$152.0M
Interest Costs Capitalized Adjustment$39.0M$38.0M$42.0M$51.0M$54.0M$54.0M
Interest Paid, Excluding Capitalized Interest, Operating Activity$265.5M$249.8M$249.8M$249.8M$249.8M—
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$34.0M$465.0M$690.0M$1.4B—$1.2B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$1.4B-$1.1B-$1.3B-$1.4B-$1.3B-$1.4B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.0B$637.0M$1.1B$845.0M$1.1B$148.0M
Other income, net (Note 6)$33.0M$36.0M$41.0M$41.0M$38.0M$48.0M
All other operating activities—-$19.0M-$11.0M-$61.0M—$4.0M
Payment for (Proceeds from) Other Investing Activity—$1.0M$17.0M-$52.0M—-$3.0M
Payments for Removal Costs$93.0M$84.0M$83.0M$123.0M$86.0M$117.0M
Payments of Ordinary Dividends, Common Stock$245.0M$245.0M$257.0M$257.0M$257.0M$257.0M
Payments to Acquire Productive Assets$1.3B$1.0B$1.2B$1.3B$1.2B$1.3B
Debt issued (Note 13)$900.0M$0.0$4.1B$1.8B$0.0$850.0M
Financing — other-$11.0M-$27.0M-$87.0M-$22.0M-$9.0M-$18.0M
Proceeds from Short-Term Debt$0.0$1.1B-$1.1B$0.0$0.0$980.0M
Repayments of Long-Term Debt$1.1B$324.0M$1.8B$24.0M$950.0M$325.0M
Utilities Operating Expense, Purchased Power$913.0M$1.1B$953.0M$1.3B$1.2B$1.4B
Taxes Other Than Income Taxes$297.0M$339.0M$302.0M$332.0M$372.0M$360.0M
Cash Dividends, Common Stock$245.0M$245.0M$257.0M$257.0M$257.0M$257.0M
Other Comprehensive Income (Loss)—$360.0M———$405.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$613.0M$754.0M$646.0M$830.0M$0.0$828.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$3.2B$3.8B$3.4B$4.1B$3.8B$4.2B