Firstenergy (FE) Operating Expenses (2011 - 2026)
Firstenergy's (FE) quarterly Operating Expenses came in at $3.4 billion in Q1 2026, up 12.06% year-on-year from $3.0 billion in Q1 2025, and down 69.87% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 12.06% year-over-year to $3.4 billion in Q1 2026; TTM through Mar 2026 was $15.8 billion, a 3.9% increase from a year earlier, with the FY2025 full-year figure at $12.9 billion, up 16.1% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.4 billion, down from $11.2 billion in the prior quarter.
- Over the last five years, Operating Expenses for FE reached as high as $11.2 billion in Q4 2025 and fell as low as $90.0 million in Q3 2022.
- Historically, Operating Expenses has averaged $2.8 billion across 5 years, with a median of $2.4 billion in 2022.
- Across the five-year window, Operating Expenses tumbled 96.39% in 2022 and surged 3034.44% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $90.0 million in 2022, then soared by 2764.44% to $2.6 billion in 2023, then surged by 330.18% to $11.1 billion in 2024, then climbed by 0.96% to $11.2 billion in 2025, then tumbled by 69.87% to $3.4 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 616.18 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 3.63 Bn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 3.27 Bn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 2.45 Bn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 1.64 Bn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 2.46 Bn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 3.37 Bn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 128.34 Mn |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 2.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.37 Bn |
| Dec 31, 2025 | 11.20 Bn |
| Sep 30, 2025 | 692.00 Mn |
| Jun 30, 2025 | 499.00 Mn |
| Mar 31, 2025 | 3.01 Bn |
| Dec 31, 2024 | 11.09 Bn |
| Sep 30, 2024 | 608.00 Mn |
| Jun 30, 2024 | 461.00 Mn |
| Mar 31, 2024 | 462.00 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 |