FIRSTENERGY CORP FY 2025 10-K, explained in plain English
Key financials — as reported
| Total revenue | $15.1B |
| Gross margin | — not reported |
| Operating income | $2.2B |
| Net income | $1.0B |
| Diluted EPS | $1.76 |
| Cash & equivalents | $57.0M |
| Total assets | $55.9B |
| Long-term debt | $25.5B |
Key takeaway
FirstEnergy reported 2025 net income of $1.02 billion ($1.76 diluted EPS) on $15.09 billion of revenue, weighed down by a $352 million Ohio-related impairment charge and regulatory penalties.
🔒 4 more takeaways in the full analysis
Beneath the surface
The headline $25.5 billion long-term debt figure looks far larger next to just $57 million of cash (plus $17 million fair-value cash and $99 million total restricted cash), implying essentially no cash cushion and reliance on continued capital-market access to fund the $36 billion Energize365 plan.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for FE.
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