Firstenergy (FE) Operating Expenses (2011 - 2026)
Firstenergy (FE) reported Operating Expenses of $3.4 billion for Q1 2026, up 12.06% year-over-year from $3.0 billion in Q1 2025, and down 69.89% quarter-over-quarter from $11.2 billion in Q4 2025.
Firstenergy (FE) Operating Expenses (2011 - 2026) Analysis & Trends
Firstenergy (FE) has 16 years of Operating Expenses data on file, last reported at $3.4 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $3.4 billion, up 12.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.8 billion (up 25.24% YoY), and the FY2025 annual result was $12.9 billion, up 16.1% from the prior year.
- Operating Expenses fell to $3.4 billion in Q1 2026 per FE's latest filing, from $11.2 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $11.2 billion in Q4 2025 and troughed at $3.0 million in Q2 2024.
- A 5-year average of $2.6 billion and a median of $2.4 billion in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses sank 99.89% in 2024, then soared 22966.67% in 2025.
- A 5-year view of Operating Expenses shows it stood at $90.0 million in 2022, then soared by 2764.44% to $2.6 billion in 2023, then soared by 271.3% to $9.6 billion in 2024, then climbed by 17.08% to $11.2 billion in 2025, then slumped by 69.89% to $3.4 billion in 2026.
- Business Quant data shows FE's Operating Expenses at $3.4 billion in Q1 2026, $11.2 billion in Q4 2025, and $692.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 616.18 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 3.63 Bn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 3.27 Bn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 2.45 Bn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 1.64 Bn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | -2.24 Bn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 2.46 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 3.37 Bn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 2.24 Bn |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | 867.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.37 Bn |
| Dec 31, 2025 | 11.21 Bn |
| Sep 30, 2025 | 692.00 Mn |
| Jun 30, 2025 | 493.00 Mn |
| Mar 31, 2025 | 3.01 Bn |
| Dec 31, 2024 | 9.57 Bn |
| Sep 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Mar 31, 2024 | 463.00 Mn |
| 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 | 90.00 Mn |
| Jun 30, 2022 | 2.37 Bn |
| Mar 31, 2022 | 2.43 Bn |
| Dec 31, 2021 | 2.44 Bn |
| Sep 30, 2021 | 2.49 Bn |
| Jun 30, 2021 | 2.31 Bn |