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DTE Energy (DTE) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

DTE Energy (DTE) reported revenue of $3.5B for the third quarter 2025 (Q3 2025), +21% from a year earlier and +3% from the quarter before. Operating margin was 17.6%, net earnings $419M (11.9% of revenue).

Revenue$3.5B
Year over year+21%
Quarter over quarter+3%
Operating margin17.6%
Net earnings$419M

DTE Energy, Q3 2025: revenue $3.5B (+21% year over year), operating margin 17.6%, net earnings $419M, operating cash flow $632M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$3.5B+3%+21%
Operating profit$619M+45%+20%
Net earnings$419M+83%-12%
Operating cash flow$632M-11%-17%

What changed

Revenue was $3.5B in Q3 2025, up 21% year over year and up 3% from the previous quarter.

Operating profit was $0.62B, a 17.6% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, below the 18% margin then. Total costs grew 22% against revenue growth of 21%. Net earnings were $0.42B, down 12% year over year. The effective tax rate was -1.5%.

Operating cash flow was $0.63B (down 17% year over year), 151% of net earnings. Non-cash charges added back $0.46B of depreciation and amortization. Working capital and other items used $0.25B.

Questions

What was DTE Energy's revenue in the third quarter 2025?

DTE Energy (DTE) reported revenue of $3.5B for the third quarter 2025 (Q3 2025), +21% from a year earlier and +3% from the quarter before.

Was DTE Energy profitable in the third quarter 2025?

Operating profit was $619M (17.6% of revenue) and net earnings $419M.

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Source: DTE Energy 10-Q on SEC EDGAR.