FirstEnergy (FE) financials
FirstEnergy revenue and earnings by year
FirstEnergy's revenue was $15.1 billion in the fiscal year to December 31, 2025, up 12.0% from the year before. Net income was $1.02 billion, 6.8% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.1 | 13.5 | 12.9 | 12.5 | 11.1 | 10.8 | 11.0 | 11.3 | 10.9 | 10.7 |
| Revenue growth | 12.0% | 4.7% | 3.3% | 11.9% | 3.2% | -2.2% | -2.0% | 3.0% | 2.1% | — |
| Gross profit | 5.7 | 5.1 | 4.6 | 4.0 | 4.5 | 4.4 | 4.7 | 4.5 | 4.7 | 4.2 |
| Gross margin | 38.0% | 37.5% | 36.1% | 32.5% | 40.3% | 41.0% | 42.2% | 39.8% | 43.0% | 39.6% |
| Operating income | 3.6 | 3.6 | 3.4 | 3.0 | 2.8 | 3.2 | 3.5 | 3.5 | 3.4 | 3.0 |
| Operating margin | 23.5% | 26.6% | 26.7% | 24.4% | 25.1% | 29.7% | 31.9% | 31.0% | 30.8% | 27.7% |
| Net income | 1.0 | 1.0 | 1.1 | 0.4 | 1.3 | 1.1 | 0.9 | 1.3 | -1.7 | -6.2 |
| Net margin | 6.8% | 7.3% | 8.6% | 3.3% | 11.5% | 10.0% | 8.3% | 12.0% | -15.8% | -57.7% |
| Diluted EPS | $1.76 | $1.70 | $1.92 | $0.71 | $2.35 | $1.99 | $1.69 | $2.05 | -$3.88 | -$14.34 |
| Free cash flow | -1.0 | -1.1 | -2.0 | -0.2 | 0.3 | -1.2 | -0.2 | -1.3 | 1.2 | 0.5 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FE in Markets.
See also: FE valuation and P/E history · FE returns
No forecast, no recommendation. This page describes FirstEnergy from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.