Filing Flows › Firstenergy (FE) › Q2 2026 › vs Q2 2025
Firstenergy (FE) Q2 2026 vs Q2 2025 (year over year)
Firstenergy's revenue rose $298M (+9%) from $3.4B in Q2 2025 to $3.7B in Q2 2026. The biggest changes: Transmission +$124M (+22%); Distribution services and retail generation +$89.0M (+3%); Other +$85.0M (+71%). Operating margin 18.4% against 19.1% (-0.7 pts).
Firstenergy, Q2 2026: revenue $3.7B (+9% year over year), operating margin 18.4%, net earnings $288M, operating cash flow $989M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 18.4% | 19.1% | -0.7 pts |
| Net margin | 7.8% | 7.9% | -0.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Distribution services and retail generation | $2.8B | $2.7B | $89.0M | +3% |
| Transmission | $686M | $562M | $124M | +22% |
| Other | $205M | $120M | $85.0M | +71% |
| Revenue | $3.7B | $3.4B | $298M | +9% |
| Operating profit | $677M | $646M | $31.0M | +5% |
| Costs & expenses | $3.0B | $2.7B | $267M | +10% |
| Pre-tax earnings | $444M | $406M | $38.0M | +9% |
| Other expense, net | $233M | $240M | −$7.0M | -3% |
| Net earnings | $288M | $268M | $20.0M | +7% |
| Minority interests | $64.0M | $50.0M | $14.0M | +28% |
| Income tax | $92.0M | $88.0M | $4.0M | +5% |
| Depreciation | $424M | $415M | $9.0M | +2% |
| Working capital & other | $277M | $399M | −$122M | -31% |
| Operating cash flow | $989M | $1.1B | −$93.0M | -9% |
| Capital expenditures | $1.3B | $1.2B | $117M | +10% |
| Negative free cash flow (OCF − capex) | $356M | $146M | $210M | +144% |
Questions
How much did Firstenergy's revenue grow year over year in Q2 2026?
Firstenergy's revenue rose $298M (+9%) from $3.4B in Q2 2025 to $3.7B in Q2 2026.
What drove Firstenergy's revenue change in Q2 2026?
Transmission +$124M (+22%); Distribution services and retail generation +$89.0M (+3%); Other +$85.0M (+71%).