Financial insights of FE

MyFinsight

For the quarter ending 2026-03-31, FE made $4,202M in revenue. $405M in net income. Net profit margin of 9.64%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenues	4,202	3,797	4,148	3,380
Fuel	161	172	163	168
Purchased power	1,429	1,201	1,341	953
Other operating expenses	1,460	1,117	976	995
Provision for depreciation	421	421	417	415
Deferral of regulatory assets, net	-457	-89	89	-99
General taxes	360	372	332	302
Ohio settlement charges (note 13.)	-	-69*	-	-
Impairment of assets (note 1.)	-	558*	-	-
Total operating expenses	3,374	3,821	3,318	2,734
Operating income	828	-24	830	646
Debt redemption costs (note 11.)	-	12*	0	-24
Equity method investment earnings, net (note 1.)	-	0	0	0
Miscellaneous income, net	48	38	41	41
Pension and opeb mark-to-market adjustments (note 4.)	-	241*	-	-
Interest expense	326	318	312	299
Capitalized financing costs	54	54	51	42
Total other expense	-224	27	-220	-240
Income before income taxes	604	3	610	406
Federal statutory income tax	127	-	-	-
Tax credits	1	-	-	-
Afudc equity income	7	-	-	-
Afudc equity depreciation	1	-	-	-
Tax related to fe's equity investment in fet	-5	-	-	-
Excess deferred tax amortization	-13	-	-	-
Federal and state related flow-through	7	-	-	-
Other	0	-	-	-
State and municipal income taxes, net of federal effect	33	-	-	-
Income taxes	138	-4	78	88
Income from continuing operations	-	7*	-	-
Earnings from discontinued operations	-	0*	-	-
Net income	466	7	532	318
Income attributable to noncontrolling interest	61	56	91	50
Earnings attributable to firstenergy corp	405	-49	441	268

Basic EPS	0.7	-0.085	0.76	0.46
Diluted EPS	0.7	-0.085	0.76	0.46
Basic Average Shares	578,000,000	577,000,000	577,000,000	577,000,000
Diluted Average Shares	580,000,000	578,000,000	578,000,000	578,000,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.