FIRSTENERGY CORP
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 30, 2025
FE$46.62+0.4%Stored close · as of Nov 9, 2026
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Statements of Income
STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
| For the Three Months Ended March 31, | ||
|---|---|---|
| (In millions) | 2025 | 2024 |
| REVENUES | $566 | $466 |
| OPERATING EXPENSES: | ||
| Purchased power | 298 | 248 |
| Other operating expenses(1) | 145 | 187 |
| Provision for depreciation | 65 | 61 |
| Deferral of regulatory assets, net | (22) | (39) |
| General taxes | 6 | 5 |
| Total operating expenses | 492 | 462 |
| OPERATING INCOME | 74 | 4 |
| OTHER INCOME (EXPENSE): | ||
| Miscellaneous income, net | 12 | 11 |
| Interest expense - other | (29) | (30) |
| Interest expense - affiliates | (1) | (4) |
| Capitalized financing costs | 9 | 7 |
| Total other expense | (9) | (16) |
| INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) | 65 | (12) |
| INCOME TAXES (BENEFITS) | 16 | (4) |
| NET INCOME (LOSS) | $49 | $(8) |
| COMPREHENSIVE INCOME (LOSS) | $49 | $(8) |
(1)During the three months ended March 31, 2025 and 2024, $54 million and $46 million, respectively, of affiliated operating expenses were incurred, a portion of which is capitalized.
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