FirstEnergy Eliminations and reconciling adjustments — Revenue decreased by 13.3% to -$17.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.3%, from -$15.00M to -$17.00M. Over 2 years (FY 2022 to FY 2025), Eliminations and reconciling adjustments — Revenue shows relatively stable performance with a 2.5% CAGR.
An increase in the magnitude of negative adjustments typically indicates higher levels of intercompany activity or changes in internal transfer pricing, while a stable or decreasing magnitude suggests consistent internal reporting structures.
This metric represents the accounting adjustments required to reconcile internal segment reporting with consolidated fin...
Most large, multi-segment utility holding companies report similar reconciliation segments to strip out intercompany power sales and shared service charges, making this a standard accounting practice across the sector.
fe_segment_eliminations_and_reconciling_adjustments_revenues| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$15.00M | -$15.00M | -$15.00M | -$15.00M | -$16.00M | -$14.00M | -$16.00M | -$15.00M | -$17.00M | -$15.00M | -$15.00M | -$16.00M | -$17.00M | -$15.00M | -$17.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -6.7% | +12.5% | -14.3% | +6.3% | -13.3% | +11.8% | +0.0% | -6.7% | -6.3% | +11.8% | -13.3% |
| YoY Change | — | — | — | — | -6.7% | +6.7% | — | +6.3% | -21.4% | — | +6.3% | -6.7% | +0.0% | +0.0% | -13.3% |