# DTE Energy (DTE) Q2 2025 Financial Results Summary
Release Date: July 29, 2025
DTE Energy (NYSE: DTE) has released its financial results for the second quarter of 2025, highlighting significant investments and progresses in its infrastructure and renewable energy initiatives. Below is a summary of key points from the report:
### Financial Highlights
– **Net Income:** $229 million, down **29%** from $322 million in Q2 2024.
– **Earnings Per Share (EPS):**
– Diluted EPS at $1.10, a decrease of **29%** from $1.55 in 2024.
– Operating EPS at $1.36, down **5%** from $1.43 in the same quarter the previous year.
– **Operating Income:** $283 million, compared to $296 million in Q2 2024.
### Investments and Infrastructure Development
– DTE Energy invested over **$1.8 billion** in the first half of 2025 to enhance electric infrastructure and reliability.
– The company is on track to invest **$4.4 billion** in total for 2025.
– DTE aims to achieve:
– A **30%** reduction in outages and a **50%** decrease in the duration customers experience without power by 2029.
– A **75%** improvement in outage duration since 2023, attributed to infrastructure investments and process improvements.
### Renewable Energy Initiatives
– **Construction Projects:**
– Broke ground on Cold Creek Solar Park, a **100-megawatt** solar array, part of initiatives to help Ford Motor Company achieve 100% carbon-free energy for its Michigan facilities.
– Operations began for Pine River Solar Park, an **80-megawatt** facility generating enough clean energy to power nearly **20,000 homes**. This is the second of three solar parks being integrated into the grid in 2025.
### Recognition and Awards
– DTE Energy was awarded the **2025 Business Development Innovation Award** by the Edison Electric Institute for innovative practices that support local businesses and suppliers.
### Outlook
– DTE Energy has reaffirmed its **operating EPS guidance** for 2025, anticipating an EPS range of **$7.09 to $7.23**.
### Additional Notes
– The company did not declare a quarterly dividend or undertake any share repurchases in the reported quarter.
### Summary
DTE Energy’s second quarter results reflect both challenges with net and operational earnings but signify continued dedication to infrastructure investment and renewable energy initiatives. The company remains focused on improving its service reliability and sustainability goals, while pursuing innovations in business development to bolster economic growth in Michigan.
| Three Months Ended | June 30, 2024 | |||||
|---|---|---|---|---|---|---|
| June 30, 2025 | Pre-Adjustments | Operating Income | Reported Earnings | Pre-Adjustments | Operating Income | |
| DTE Electric | $318 | $— | $318 | $278 | $1 | $279 |
| DTE Gas | $6 | $— | $6 | $12 | $— | $12 |
| DTE Vantage | $31 | $— | $31 | $33 | -25 | $14 |
| DTE Energy Trading | -16 | $54 | -14 | $24 | $39 | $31 |
| Non-operating | $15 | $54 | -14 | $72 | -35 | $45 |
| Corporate and Other | -110 | $— | -96 | -40 | $— | -40 |
| Net Income Attributable to DTE Energy | $229 | $54 | $283 | $322 | -34 | $296 |
| DTE Energy | ||
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| June 30, 2025 | June 30, 2024 | |
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(Note: The balance sheet data is generalized as specific amounts of assets, liabilities, or equity were not provided in the press release text.)
