For Q1 FY2026 ended March 31, 2026, FirstEnergy reported revenue of $4.202 billion, up 11.6% year-over-year. Net income was $405 million, a 12.5% increase, with diluted EPS of $0.70, up 12.9%. Operating income rose 9.8% to $828 million. Cash stood at $52 million, and equity was $12.654 billion.
•Revenue increased 11.6% YoY to $4.202 billion.
•Net income rose 12.5% to $405 million; diluted EPS grew 12.9% to $0.70.
•Operating income improved 9.8% to $828 million.
•Cash and equivalents were $52 million; total equity was $12.654 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
FirstEnergy provides the generation, distribution, and transmission of electricity in the United States. Its business is organized into Distribution, Integrated, and Stand-Alone Transmission segments.
The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. The company operates 252,959 distribution line miles and 24,157 transmission line miles
Including overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. Incorporated in 1996, FirstEnergy is headquartered in Akron, Ohio.
FirstEnergy Corp. is a utility company that generates, distributes, and transmits electricity in the United States. Its operations are organized into three segments: Distribution, Integrated, and Stand-Alone Transmission. The company owns and operates a diverse mix of power generating facilities, including coal-fired, nuclear, hydroelectric, wind, and solar plants. FirstEnergy serves customers across six states: Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The company maintains an extensive infrastructure, with 252,959 distribution line miles and 24,157 transmission line miles, which include overhead pole lines and underground conduits for primary, secondary, and street lighting circuits.
Where is FirstEnergy (FE) listed and what currency does it trade in?
FirstEnergy Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol FE. Its shares are traded in US Dollars (USD), as the company is headquartered in the United States. The NYSE is one of the world's largest stock exchanges, providing liquidity and visibility for FirstEnergy's stock. Investors can buy and sell FE shares during regular trading hours, and the stock is also included in various market indices. The use of USD aligns with the company's domestic operations and financial reporting.
What sector and industry does FirstEnergy (FE) belong to?
FirstEnergy Corp. operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is involved in the generation, transmission, and distribution of electricity under regulatory oversight. As a regulated electric utility, FirstEnergy's rates and operations are subject to approval by state and federal regulatory bodies, which helps provide stable revenue streams. The company's focus on regulated electric services distinguishes it from unregulated energy companies and ensures a consistent demand for its services across its service territories.
Where is FirstEnergy (FE) headquartered and what markets does it serve?
FirstEnergy Corp. is headquartered in Akron, Ohio, and was incorporated in 1996. The company serves customers in six states: Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. Its service area covers a mix of urban, suburban, and rural communities, providing electricity to millions of residential, commercial, and industrial customers. The company's extensive distribution and transmission network spans over 277,000 miles, enabling reliable power delivery across the Mid-Atlantic and Great Lakes regions. This geographic footprint positions FirstEnergy as a key player in the US electric utility landscape.
How does FirstEnergy (FE) generate electricity and what is its business model?
FirstEnergy generates electricity through a diverse portfolio of power plants, including coal-fired, nuclear, hydroelectric, wind, and solar facilities. The company's business model is organized into three segments: Distribution, Integrated, and Stand-Alone Transmission. The Distribution segment delivers electricity to end customers, the Integrated segment combines generation and distribution, and the Stand-Alone Transmission segment focuses on high-voltage transmission lines. FirstEnergy earns revenue by charging customers for electricity delivery and, where applicable, for generation. Its regulated status ensures predictable earnings, while its mix of generation sources helps manage fuel costs and regulatory requirements.