FE FirstEnergy

Q3 2025 10-Q
Filed: Oct 28, 2025Period ending Sep 30, 2025
Utilities
Electric ServicesSEC EDGAR

FirstEnergy (FE) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 28, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Revenue Q3 2025 $4,148M, up $419M (+11.2%) vs Q3 2024 $3,729M, driven by Pennsylvania base rate case and regulated capital investments
  • Earnings attributable to FE Q3 2025 $441M (+5.3%) vs Q3 2024 $419M; effective tax rate rose to 19.5% from 15.4%; operating margin approx. 15.1% vs 15.7% YoY (calculated)
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Risk Factors

  • No new or changed risk factors since 2024 10-K filing
  • Carried-forward regulatory risk: evolving energy regulations impacting operational compliance
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Quarterly Financial Summary
XBRL

Revenue

$4.1B

+11.2% YoY +22.7% QoQ

Net Income

$441M

+5.3% YoY +64.6% QoQ

Operating Margin

20.0%

+51bp YoY +90bp QoQ

Net Margin

10.6%

-60bp YoY +270bp QoQ

ROE

3.4%

Total Assets

$55.9B

EPS (Diluted)

$0.76

+5.6% YoY +61.7% QoQ

Operating Cash Flow

$845M

+9.0% YoY -21.9% QoQ

Source: XBRL data from FirstEnergy Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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