Firstenergy (FE) Operating Expenses (2011 - 2026)
Firstenergy's (FE) quarterly Operating Expenses came in at $3.0 billion in Q2 2026, up 9.77% year-over-year from $2.7 billion in Q2 2025, and down 11.06% quarter-over-quarter from $3.4 billion in Q1 2026.
Analysis
Firstenergy (FE) Operating Expenses (2011 - 2026) Analysis & Trends
Firstenergy (FE) has reported Operating Expenses for 16 consecutive years, with $3.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 9.77% year-over-year to $3.0 billion in Q2 2026; TTM through Jun 2026 was $13.5 billion, a 19.49% increase from a year earlier, with the FY2025 full-year figure at $12.9 billion, up 16.1% from the prior year.
- Operating Expenses was $3.0 billion for Q2 2026 at Firstenergy, down from $3.4 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.8 billion in Q4 2025 and troughed at $90.0 million in Q4 2022.
- A 5-year average of $2.7 billion and a median of $2.8 billion in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 96.31% in 2022 and surged 2764.44% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $90.0 million in 2022, then surged by 2764.44% to $2.6 billion in 2023, then slipped by 0.58% to $2.6 billion in 2024, then soared by 49.08% to $3.8 billion in 2025, then slipped by 21.46% to $3.0 billion in 2026.
- The last three Operating Expenses figures came in at $3.0 billion (Q2 2026), $3.4 billion (Q1 2026), and $3.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | -140.00 Mn |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 4.15 Bn |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 2.41 Bn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 1.63 Bn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 1.63 Bn |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 3.00 Bn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | - |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 3.27 Bn |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 3.81 Bn |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 3.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.00 Bn |
| Mar 31, 2026 | 3.37 Bn |
| Dec 31, 2025 | 3.82 Bn |
| Sep 30, 2025 | 3.32 Bn |
| Jun 30, 2025 | 2.73 Bn |
| Mar 31, 2025 | 3.01 Bn |
| Dec 31, 2024 | 2.56 Bn |
| Sep 30, 2024 | 3.00 Bn |
| Jun 30, 2024 | 2.86 Bn |
| Mar 31, 2024 | 2.68 Bn |
| Dec 31, 2023 | 2.58 Bn |
| Sep 30, 2023 | 2.82 Bn |
| Jun 30, 2023 | 2.53 Bn |
| Mar 31, 2023 | 2.68 Bn |
| Dec 31, 2022 | 90.00 Mn |
| Sep 30, 2022 | 2.97 Bn |
| Jun 30, 2022 | 2.37 Bn |
| Mar 31, 2022 | 2.43 Bn |
| Dec 31, 2021 | 2.44 Bn |
| Sep 30, 2021 | 2.49 Bn |