DTE Energy

DTE · Utilities · Market cap $29.6B

Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 30, 2026

Revenue$5.14B +16% year over year

Gross profit–

Operating profit$0.41B

Net profit$0.25B 5% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	5.14	100%	+16%
Electric	1.74	34%	+20%
Gas segment	0.93	18%
Residential	0.78	15%	+8%
Gas sales	0.70	14%
Other	0.37	7%
DTE Vantage segment	0.23	4%
Other electric	0.23	4%	+350%
Industrial	0.17	3%	+4%
Operating expenses	−4.73	92%	+0pp
Operating profit	0.41	8% margin	−6pp
Interest & other costs	−0.22
Net profit	0.25	5%	−5pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.43	100%	+29%
Gas sales	1.52	34%	+16%
Other electric	0.94	21%	+250%
DTE Vantage	0.70	16%	−8%
Industrial	0.65	15%	−9%
End User Transportation	0.26	6%	+4%
Other gas	0.19	4%	+17%
Intermediate Transportation	0.09	2%	+5%
Other	0.08	2%
Operating expenses	−3.72	84%	+0pp
Operating profit	0.70	16% margin	+0pp
Tax	−0.11
Interest & other costs	−0.22
Net profit	0.37	8%	+0pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.40	100%	+19%
Energy Trading	1.30	38%
Residential	0.70	21%
Commercial	0.50	15%
Other electric	0.30	9%
Gas sales	0.20	6%
DTE Vantage	0.20	6%
Industrial	0.20	6%
Operating expenses	−3.00	88%	+0pp
Operating profit	0.40	12% margin	−5pp
Interest & other costs	−0.20
Net profit	0.20	7%	−5pp

All figures in billions of U.S. dollars, for Q2 FY24 (period ends Jun 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	2.90	100%	+7%
Electric	1.60	55%
Energy Trading	0.80	28%
Gas	0.30	10%
Non-utility operations	0.20	7%
Operating expenses	−2.40	83%	+0pp
Operating profit	0.50	17% margin	+3pp
Interest & other costs	−0.20
Net profit	0.30	11%	+4pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Jan 1 – Mar 31, 2026	Apr 30, 2026	$5.1B	+16%	8%	$0.25B	5%
Q4 FY25	Oct 1 – Dec 31, 2025	Feb 17, 2026	$4.4B	+29%	16%	$0.37B	8%
Q2 FY25	Apr 1 – Jun 30, 2025	Jul 29, 2025	$3.4B	+19%	12%	$0.20B	7%
Q2 FY24	Apr 1 – Jun 30, 2024	Jul 25, 2024	$2.9B	+7%	17%	$0.30B	11%