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
DateValue
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