Filing Flows › DTE Energy (DTE) › Q1 2026
DTE Energy (DTE) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
DTE Energy (DTE) reported revenue of $5.1B for the first quarter 2026 (Q1 2026), +16% from a year earlier and +16% from the quarter before. Operating margin was 8.0%, net earnings $247M (4.8% of revenue).
DTE Energy, Q1 2026: revenue $5.1B (+16% year over year), operating margin 8.0%, net earnings $247M, operating cash flow $906M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | +16% | +16% |
| Operating profit | $412M | -41% | -34% |
| Net earnings | $247M | -33% | -44% |
| Operating cash flow | $906M | -14% | -11% |
What changed
Revenue was $5.1B in Q1 2026, up 16% year over year and up 16% from the previous quarter.
Operating profit was $0.41B, a 8.0% margin (down 6.0 points year over year). Operating profit fell $0.21B even though revenue rose $0.70B versus Q1 2025, so costs grew faster than sales. Total costs grew 24% against revenue growth of 16%. Net earnings were $0.25B, down 44% year over year. The effective tax rate was -30.7%.
Operating cash flow was $0.91B (down 11% year over year), 367% of net earnings. Non-cash charges added back $0.48B of depreciation and amortization. Working capital and other items added $0.18B.
Questions
What was DTE Energy's revenue in the first quarter 2026?
DTE Energy (DTE) reported revenue of $5.1B for the first quarter 2026 (Q1 2026), +16% from a year earlier and +16% from the quarter before.
Was DTE Energy profitable in the first quarter 2026?
Operating profit was $412M (8.0% of revenue) and net earnings $247M.
Source: DTE Energy 10-Q on SEC EDGAR.