fe: the income statement

MyFinsight

For the quarter ending 2025-09-30, FE made $4,148M in revenue. $441M in net income. Net profit margin of 10.63%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues	4,148	3,380	3,765	3,729
Fuel	163	168	149	139
Purchased power	1,341	953	1,088	1,086
Other operating expenses	976	995	1,034	1,099
Provision for depreciation	417	415	411	400
Deferral of regulatory assets, net	-	-	-	-33
Amortization (deferral) of regulatory assets, net	89	-99	-10	-
General taxes	332	302	339	311
Total operating expenses	3,318	2,734	3,011	3,002
Operating income	830	646	754	727
Debt redemption costs (note 6)	0	-24	-	0
Equity method investment earnings, net (note 1)	0	0	0	21
Miscellaneous income, net	41	41	36	53
Pension and opeb mark-to-market adjustment (note 4)	-	-	-	0
Interest expense	312	299	288	276
Capitalized financing costs	51	42	38	35
Total other expense	-220	-240	-214	-167
Income before income taxes	610	406	540	560
Federal income tax expense at the 21 statutory rate	-	-	113	-
State and municipal income taxes, net of federal tax benefit	-	-	31	-
Afudc equity and other flow-through	-	-	9	-
Taxes related to the combined sale of 49.9 of the equity interests of fet	-	-	0	-
Excess deferred tax amortization	-	-	-13	-
Valuation allowances	-	-	0	-
Other, net	-	-	4	-
Income taxes	78	88	126	94
Income from continuing operations	-	-	-	466
Earnings from discontinued operations	-	-	-	0
Net income	532	318	414	466
Income attributable to noncontrolling interest	91	50	54	47
Earnings attributable to firstenergy corp	441	268	360	419

Basic (in dollars per share)	0.76	0.46	0.62	0.73
Basic (in shares)	577,000,000	577,000,000	577,000,000	576,000,000
Diluted (in dollars per share)	0.76	0.46	0.62	0.73
Diluted (in shares)	578,000,000	578,000,000	578,000,000	577,000,000