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
DateValue
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