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FirstEnergy FE Wholesale — Revenue from Contract with Customer, Including Assessed Tax

Other product segments

Transmission
$190M+18.0%
Other revenue from contracts with customers
$18M0.0%
Eliminations and reconciling adjustments
-$17M-13.3%
Alternative Revenue Program
$13M

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$84.92M-14.2%
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$53.15M-2.0%

Other financials

Income statement

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Revenue$4.2B+11.6%
Operating income$828.0M+9.8%
Net income$405.0M+12.5%
EPS (diluted)$0.70+12.9%

Balance sheet

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Cash & equivalents$52.0M-60.6%
Total debt$27.6B+20.9%
Total equity$12.7B+0.7%
Total assets$56.9B+7.9%

Cash flow

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Operating cash flow$148.0M-76.8%
CapEx$1.3B+24.9%
Free cash flow-$1.1B-201%

Valuation

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Market cap$27.5B+21.8%
Enterprise value$55.08B+19.4%
P/E24.7×+7.4×
P/S1.8×+0.2×

Profitability

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Operating margin14.8%-3.2pp
Net margin7.2%-0.6pp
FCF margin-11.2%

Returns & leverage

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Return on equity8.8%+0.1pp
Debt / equity2.2×+0.4×
Current ratio0.5×+0.1×

Where this comes from

Reported directly by FirstEnergy in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The official record: FirstEnergy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FirstEnergy's wholesale — revenue from contract with customer, including assessed tax?
FirstEnergy (FE) reported wholesale — revenue from contract with customer, including assessed tax of $10M in Q1 2026.
How has FirstEnergy's wholesale — revenue from contract with customer, including assessed tax changed year-over-year?
FirstEnergy's wholesale — revenue from contract with customer, including assessed tax increased by 150.0% year-over-year, from $4M to $10M.
What is the long-term trend for FirstEnergy's wholesale — revenue from contract with customer, including assessed tax?
Over 4 years (2021 to 2025), FirstEnergy's wholesale — revenue from contract with customer, including assessed tax has grown at a -41.8% compound annual growth rate (CAGR), from $157M to $18M.
What does wholesale — revenue from contract with customer, including assessed tax mean?
This metric represents the total gross revenue generated from wholesale energy sales, including any associated taxes collected from customers. It captures the financial performance of the wholesale segment, which typically involves bulk power transactions with other utilities, municipalities, or power marketers. This figure reflects the top-line contribution of non-retail energy activities to the company's consolidated results.