FirstEnergy Reports Strong Second Quarter 2026 Results, Reaffirms Earnings Guidance and Long-Term Growth Strategy
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Reports second quarter 2026 GAAP and Core Earnings (non-GAAP) of $0.50 per share Year-to-date GAAP earnings of $1.20 per share and Core Earnings of $1.22 per share Reaffirms 2026 Core Earnings guidance range of $2.62 to $2.82 per share Reaffirms Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030 Data center demand (contracted and pipeline) increased 30% since first quarter, with contracted demand at 6.4 GW; West Virginia demand up 137% to 4.3 GW AKRON, Ohio, July 28, 2026 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE ) today reported second quarter 2026 GAAP earnings of $288 million, or $0.50 per basic and diluted share, on revenue of $3.7 billion. This compares to second quarter of 2025 GAAP earnings of $268 million, or $0. 46 per basic and diluted share, on revenue of $3.4 billion. GAAP results include the impact of special items listed below. Core Earnings (non-GAAP) for the second quarter of 2026 were $0.50 per share, in line with plan and compared to $0.52 per share in the second quarter of 2025. Results reflect continued implementation of FirstEnergy's regulated investment strategy, cost management and improved operations across the company's service territory. "We delivered another quarter of solid financial performance, demonstrating the strength of our strategy and our disciplined execution," said Brian X. Tierney, FirstEnergy Board...
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