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FirstEnergy FE Other revenue unrelated to contracts with customers — Revenue

Other product segments

Transmission
$240M+116%
Other revenue from contracts with customers
$20M-16.7%
Eliminations and reconciling adjustments
-$18M-12.5%
Wholesale
$4M0.0%
Alternative Revenue Program
$0

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Other financials

Income statement

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Revenue$3.7B+8.8%
Operating income$677.0M+4.8%
Net income$288.0M+7.5%
EPS (diluted)$0.50+8.7%

Balance sheet

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Cash & equivalents$63.0M-88.9%
Total debt$28.5B+17.9%
Total equity$12.9B+0.7%
Total assets$58.2B+7.4%

Cash flow

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Operating cash flow$989.0M-8.6%
CapEx$1.3B+10.4%
Free cash flow-$356.0M-162%

Valuation

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Market cap$27.47B+9.8%
Enterprise value$55.88B+15.0%
P/E24.2×+5.1×
P/S1.7×0.0×

Profitability

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Operating margin14.8%-4.7pp
Net margin7.2%-2.1pp
FCF margin-12.4%+42.5pp

Returns & leverage

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Return on equity8.8%-1.5pp
Debt / equity2.2×+0.3×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by FirstEnergy in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: FirstEnergy’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 5:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001031296-26-000123
(In millions, except per share amounts)For the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Distribution services and retail generation$2,787$2,698$6,031$5,779
Transmission6865621,3141,148
Other205120535218
Total revenues(1)3,6783,3807,8807,145
OPERATING EXPENSES:
Fuel156168317317
Purchased power1,1579532,5862,041
Other operating expenses1,1659952,6252,029

ITEM 1. Financial Statements

FAQ

What is FirstEnergy's other revenue unrelated to contracts with customers — revenue?
FirstEnergy (FE) reported other revenue unrelated to contracts with customers — revenue of $69M in Q2 2026.
How has FirstEnergy's other revenue unrelated to contracts with customers — revenue changed year-over-year?
FirstEnergy's other revenue unrelated to contracts with customers — revenue increased by 155.6% year-over-year, from $27M to $69M.
What is the long-term trend for FirstEnergy's other revenue unrelated to contracts with customers — revenue?
Over 4 years (2021 to 2025), FirstEnergy's other revenue unrelated to contracts with customers — revenue has grown at a 25.8% compound annual growth rate (CAGR), from -$63M to $158M.
What does other revenue unrelated to contracts with customers — revenue mean?
This metric represents total income generated from activities that fall outside the scope of standard customer service contracts, such as regulatory-approved surcharges, ancillary service fees, or miscellaneous operational income. It captures non-core revenue streams that are distinct from primary electricity distribution and transmission service agreements. Monitoring this helps investors understand the diversification of income sources beyond regulated utility rate-base operations.

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