FirstEnergy

FE · Utilities · Market cap $28.2B

Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 28, 2026

Revenue$4.2B +12% year over year

Gross profit–

Operating profit$0.8B

Net profit$0.4B 10% 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	4.2	100%	+12%
Electricity US Regulated	3.2	76%	+5%
Electric Transmission	0.6	14%	+7%
Electric Worldwide Unregulated	0.3	7%	+237%
Other operating	−1.8	35%	+0pp
Purchased power	−1.4	34%	+0pp
Fuel	−0.2	4%	+0pp
Operating profit	0.8	20% margin	+0pp
Tax	−0.1
Interest & other costs	−0.3
Net profit	0.4	10%	+0pp

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	3.8	100%	+20%
Electricity US Regulated	3	79%	+17%
Electric Transmission	0.6	16%	+15%
Electric Worldwide Unregulated	0.2	5%	+128%
Operating expenses	−3.8	101%	+0pp
Operating profit	0	-1% margin	−20pp
Net profit	0	-1%	−10pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.1	100%	+11%
Electricity US Regulated	3.4	83%	+10%
Electric Transmission	0.6	15%	+6%
Electric Worldwide Unregulated	0.2	5%	+76%
Purchased power	−2.1	32%	+0pp
Other operating	−1	24%	+0pp
Fuel	−0.2	4%	+0pp
Operating profit	0.8	20% margin	+1pp
Tax	−0.1
Interest & other costs	−0.3
Net profit	0.4	11%	−1pp

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	3.4	100%	+3%
Electricity US Regulated	2.7	79%	+3%
Electric Transmission	0.6	18%	−3%
Electric Worldwide Unregulated	0.1	3%	+43%
Other operating	−1.5	29%	+0pp
Purchased power	−1	28%	+0pp
Fuel	−0.2	5%	+0pp
Operating profit	0.6	19% margin	+6pp
Tax	−0.1
Interest & other costs	−0.2
Net profit	0.3	8%	+7pp

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 28, 2026	$4.2B	+12%	19%	$0.4B	10%
Q4 FY25	Oct 1 – Dec 31, 2025	Feb 18, 2026	$3.8B	+20%	0%	$0B	-1%
Q3 FY25	Jul 1 – Sep 30, 2025	Oct 28, 2025	$4.1B	+11%	20%	$0.4B	11%
Q2 FY25	Apr 1 – Jun 30, 2025	Jul 30, 2025	$3.4B	+3%	18%	$0.3B	8%