Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
FirstEnergy logo

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$27.0B
P/E Ratio24.23
ROE8.83%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aircraft fuel$92M$149M$168M$163M$172M$161M
Other Costs and Expenses$769M$1B$995M$976M$1.1B$1.5B
Other operating charges$769M$1B$995M$976M$1.1B$1.5B
Deferral of regulatory assets, net-$26M-$10M-$99M$89M-$89M-$457M
Other operating expenses$769M$1B$995M$976M$1.1B$1.5B
Total operating expenses$2.6B$3B$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$83M$126M$88M$78M$0$138M
Deferred Income Tax Expense$92M$97M$59M$66M$0$139M
Income Taxes Paid, Net$40.3M$18.3M$18.3M$18.3M$18.3M—
Deferred and Other Income Taxes$92M$97M$59M$66M$0$139M
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$33M$36M$41M$41M$38M$48M
Interest Costs Incurred$278M$288M$299M$312M$318M$326M
Interest expense$278M$288M$299M$312M$318M$326M
Other income (expense), net-$234M-$214M-$240M-$220M$0-$224M
Interest costs capitalized adjustment$39M$38M$42M$51M$54M$54M
Interest costs incurred$278M$288M$299M$312M$318M$326M
Interest Costs Incurred$278M$288M$299M$312M$318M$326M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$245M$245M$257M$257M$257M$257M
Net income$261M$360M$268M$441M$0$405M
Common Stock Dividends$245M$245M$257M$257M$257M$257M

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$0.46$0.62$0.46$0.76$0.00$0.70
Weighted-average shares, basic575M577M577M577M577M578M
Weighted-average shares, diluted577M578M578M578M578M580M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$379M$540M$406M$610M$3M$604M

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—$360M———$405M
Deferred and other income taxes$92M$97M$59M$66M$0$139M
Depreciation$403M$411M$415M$417M$421M$421M
Fuel$92M$149M$168M$163M$172M$161M
Income Taxes Paid, Net$40.3M$18.3M$18.3M$18.3M$18.3M—
Increase (Decrease) in Accounts and Other Receivables$52M$55M——$154M-$53M
Increase (Decrease) in Accounts Payable, Trade$37M$25M$253M—$131M$19M
Increase Decrease In Accrued Income Taxes Payable—-$157M$119M-$97M$240M-$187M
Accrued compensation and employee benefits—-$7M$20M-$13M—-$91M
Increase Decrease In Interest Payable Net-$2M$11M$23M$0$75M-$74M
Increase (Decrease) in Inventories$13M$18M$28M——$5M
Increase (decrease) in other current liabilities-$73M-$16M-$34M$14M$40M-$14M
Increase (Decrease) in Prepaid Expense and Other Assets—$108M$21M——$152M
Interest Costs Capitalized Adjustment$39M$38M$42M$51M$54M$54M
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$34M$465M$690M$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$1B$637M$1.1B$845M$1.1B$148M
Other income, net (Note 6)$33M$36M$41M$41M$38M$48M
All other operating activities—-$19M-$11M-$61M—$4M
Payment for (Proceeds from) Other Investing Activity—$1M$17M-$52M—-$3M
Payments for Removal Costs$93M$84M$83M$123M$86M$117M
Payments of Ordinary Dividends, Common Stock$245M$245M$257M$257M$257M$257M
Payments to Acquire Productive Assets$1.3B$1B$1.2B$1.3B$1.2B$1.3B
Debt issued (Note 13)$900M$0$4.1B$1.8B$0$850M
Financing — other-$11M-$27M-$87M-$22M-$9M-$18M
Proceeds from Short-Term Debt$0$1.1B-$1.1B$0$0$980M
Repayments of Long-Term Debt$1.1B$324M$1.8B$24M$950M$325M
Utilities Operating Expense, Purchased Power$913M$1.1B$953M$1.3B$1.2B$1.4B
Taxes Other Than Income Taxes$297M$339M$302M$332M$372M$360M
Cash Dividends, Common Stock$245M$245M$257M$257M$257M$257M
Other Comprehensive Income (Loss)—$360M———$405M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$613M$754M$646M$830M$0$828M

Revenue

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