DTE Energy Company (DTE) Income Statement
DTE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDTE revenue and net income
Where DTE's revenue goes
2025Each bar shows an amount and its share of revenue. DTE kept 9.2% of revenue as net income.
DTE profit margins
DTE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +26.9% | −6.3% | +6.7% | +4.3% |
| Gross profit | +209.6% | +54.1% | +32.6% | +18.0% |
| Operating income | +13.5% | +10.7% | +8.8% | +6.7% |
| Net income | +4.4% | +10.5% | +1.3% | +7.2% |
| EPS (diluted) | +7.8% | +6.5% | +0.5% | +4.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DTE quarterly EPS vs estimates
DTE Energy beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 5, 2026 (estimate $2.29).
DTE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.81B | $12.46B | $12.74B | $19.23B | $14.96B | $11.42B | $12.17B | $14.21B | $12.61B | $10.63B |
| Cost of revenue | $2.38B | $8.12B | $8.42B | $15.56B | $11.63B | $8.14B | $9.15B | $11.06B | $9.43B | $7.79B |
| Gross profit | $13.43B | $4.34B | $4.33B | $3.67B | $3.34B | $3.28B | $3.02B | $3.15B | $3.17B | $2.84B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | — | — | $9.0M | $3.0M | $17.0M | $50.0M | $414.0M | $405.0M | $391.0M | $370.0M |
| Total operating expenses | $11.06B | $2.25B | $2.08B | $1.92B | $1.84B | $1.72B | $1.59B | $1.56B | $1.46B | $1.35B |
| Operating income | $2.37B | $2.09B | $2.24B | $1.75B | $1.50B | $1.55B | $1.43B | $1.59B | $1.71B | $1.49B |
| Interest income | $889.0M | $136.0M | $57.0M | $46.0M | $22.0M | $38.0M | $17.0M | $12.0M | $12.0M | $20.0M |
| Interest expense | $1.06B | $951.0M | $791.0M | $675.0M | $630.0M | $601.0M | $568.0M | $559.0M | $536.0M | $472.0M |
| Income before taxes | $1.55B | $1.37B | $1.57B | $1.11B | $656.0M | $1.08B | $1.01B | $1.22B | $1.29B | $1.10B |
| Income taxes | $88.0M | −$34.0M | $169.0M | $29.0M | −$130.0M | $37.0M | $71.0M | $98.0M | $175.0M | $271.0M |
| Net income | $1.46B | $1.40B | $1.40B | $1.08B | $907.0M | $1.37B | $1.17B | $1.12B | $1.13B | $868.0M |
| EBITDA | $3.96B | $4.11B | $4.02B | $3.25B | $2.75B | $3.13B | $2.84B | $2.90B | $2.85B | $2.55B |
| EPS (diluted) | $7.36 | $6.83 | $5.73 | $6.10 | $6.91 | $7.19 | $6.30 | $6.31 | $5.60 | $5.27 |
| Gross margin | 84.9% | 34.8% | 34.0% | 19.1% | 22.3% | 28.7% | 24.8% | 22.2% | 25.2% | 26.7% |
| Operating margin | 15.0% | 16.8% | 17.6% | 9.1% | 10.0% | 13.6% | 11.8% | 11.2% | 13.6% | 14.0% |
| Net margin | 9.2% | 11.2% | 11.0% | 5.6% | 6.1% | 12.0% | 9.6% | 7.9% | 9.0% | 8.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.34B | $5.14B | $4.24B | $3.53B | $3.42B | $4.44B | $3.44B | $2.91B | $2.88B | $3.24B | $3.39B | $2.89B |
| Cost of revenue | $2.80B | $3.36B | $3.53B | $583.0M | $2.42B | $3.23B | $2.29B | $1.83B | $1.82B | $2.18B | $2.18B | $1.84B |
| Gross profit | $537.0M | $1.78B | $709.0M | $2.94B | $1.00B | $1.21B | $1.15B | $1.07B | $1.05B | $1.06B | $1.22B | $1.04B |
| Sales, general & admin | — | $882.0M | — | — | — | — | — | $0 | $0 | $0 | $0 | $1.0M |
| Total operating expenses | $141.0M | $1.37B | $130.0M | $2.33B | $577.0M | $589.0M | $596.0M | $557.0M | $550.0M | $544.0M | $560.0M | $506.0M |
| Operating income | $396.0M | $412.0M | $579.0M | $619.0M | $427.0M | $624.0M | $555.0M | $517.0M | $502.0M | $517.0M | $656.0M | $538.0M |
| Interest income | — | $31.0M | $218.0M | $26.0M | $25.0M | $23.0M | $34.0M | $48.0M | $36.0M | $18.0M | $12.0M | $182.0M |
| Interest expense | $301.0M | $293.0M | $279.0M | $271.0M | $256.0M | $250.0M | $248.0M | $252.0M | $233.0M | $218.0M | $208.0M | $200.0M |
| Income before taxes | $241.0M | $189.0M | $480.0M | $413.0M | $230.0M | $427.0M | $322.0M | $356.0M | $358.0M | $334.0M | $482.0M | $354.0M |
| Income taxes | −$41.0M | −$58.0M | $111.0M | −$6.0M | $1.0M | −$18.0M | $30.0M | −$121.0M | $36.0M | $21.0M | $63.0M | $22.0M |
| Net income | $282.0M | $247.0M | $372.0M | $418.0M | $228.0M | $444.0M | $292.0M | $477.0M | $322.0M | $313.0M | $419.0M | $332.0M |
| EBITDA | $900.0M | $965.0M | $1.25B | $1.17B | $970.0M | $1.13B | $1.03B | $1.02B | $1.04B | $975.0M | $1.11B | $970.0M |
| EPS (diluted) | $1.32 | $1.95 | $1.65 | $2.25 | $1.36 | $2.10 | $1.51 | $2.22 | $1.43 | $1.67 | $1.97 | $1.44 |
| Gross margin | 16.1% | 34.6% | 16.7% | 83.5% | 29.4% | 27.3% | 33.5% | 37.0% | 36.6% | 32.7% | 35.8% | 36.1% |
| Operating margin | 11.9% | 8.0% | 13.7% | 17.6% | 12.5% | 14.1% | 16.2% | 17.8% | 17.5% | 16.0% | 19.3% | 18.6% |
| Net margin | 8.5% | 4.8% | 8.8% | 11.9% | 6.7% | 10.0% | 8.5% | 16.4% | 11.2% | 9.7% | 12.3% | 11.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DTE's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DTE financial results
In fiscal year 2025 (ended December 31, 2025), DTE Energy reported revenue of $15.8 billion, up 26.9% from the year before. It had net income of $1.5 billion (up 4.4%), a net profit margin of 9.2%. Diluted earnings per share came to $7.36. Over five years revenue grew at an average rate of 6.7% a year.
See the DTE stock overview for the latest quote and news, or the DTE chart for price history and technical indicators.
DTE income statement FAQ
What is DTE Energy's annual revenue?
DTE Energy reported total revenue of $15.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 26.9% from $12.5 billion the previous year.
Is DTE Energy profitable?
Yes. DTE Energy reported net income of $1.5 billion in fiscal 2025, a net profit margin of 9.2%; its operating margin was 15.0%.
What is DTE Energy's gross margin?
DTE Energy's gross margin was 84.9% in fiscal 2025: for every $100 of revenue, DTE Energy kept $85 after the direct cost of its products and services.
How fast is DTE Energy growing?
Revenue grew 6.7% a year on average over the last five fiscal years, from $11.4 billion to $15.8 billion.
What are DTE Energy's earnings per share?
DTE Energy earned $7.36 per diluted share in fiscal 2025, compared with $6.83 a year earlier.
When will DTE Energy report its next earnings?
DTE Energy is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does DTE Energy's fiscal year end?
DTE Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.
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