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DTE Energy (DTE) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 17, 2026

DTE Energy (DTE) reported revenue of $4.4B for the fourth quarter 2025 (Q4 2025), +29% from a year earlier and +26% from the quarter before. Operating margin was 15.9%, net earnings $369M (8.3% of revenue).

Revenue$4.4B
Year over year+29%
Quarter over quarter+26%
Operating margin15.9%
Net earnings$369M

DTE Energy, Q4 2025: revenue $4.4B (+29% year over year), operating margin 15.9%, net earnings $369M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$4.4B+26%+29%
Operating profit$704M+14%+27%
Net earnings$369M-12%+26%
Operating cash flow$1.0B+66%-3%

What changed

Revenue was $4.4B in Q4 2025, up 29% year over year and up 26% from the previous quarter.

Operating profit was $0.70B, a 15.9% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, below the 16% margin then. Total costs grew 29% against revenue growth of 29%. Net earnings were $0.37B, up 26% year over year. The effective tax rate was 23.1%.

Operating cash flow was $1.0B (down 3% year over year), 284% of net earnings. Non-cash charges added back $0.47B of depreciation and amortization. Working capital and other items added $0.20B.

Questions

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

DTE Energy (DTE) reported revenue of $4.4B for the fourth quarter 2025 (Q4 2025), +29% from a year earlier and +26% from the quarter before.

Was DTE Energy profitable in the fourth quarter 2025?

Operating profit was $704M (15.9% of revenue) and net earnings $369M.

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Source: DTE Energy 10-K on SEC EDGAR.