Q2 FY26 · Ended Jun 30, 2026 · View SEC filing
Customers used less power, yet utility revenue rose
DTE earns on the assets regulators let it put into rates, so new rates outweighed lower electricity deliveries.
For investorsWhat has to go right for DTE's build to keep paying?
For foundersBuilding capacity before demand arrives
Non-utility supply costs fell faster than non-utility sales, so operating income rose 7.26% while revenue slipped 1.46%.
Interest expense rose 17.58% against 7.26% for operating income, so financing the build takes a larger share of earnings.
Net income rose 23.14% while pre-tax income rose 4.78%, as tax credits turned the tax line into a benefit.
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Business Lens describes DTE Energy from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.