-- Invested more than $4.3 billion to improve reliability of electric and
gas infrastructure and generate cleaner energy
-- Secured landmark agreement to power Oracle's new data center
-- Continued improving electric reliability
-- Enhanced safety and affordability for natural gas customers
-- Advanced clean energy development
-- Invested $2.9 billion in local businesses, including a record $1.1
billion with Detroit suppliers
-- Earned honors as a great place to work
-- Connected vulnerable customers to $125 million in energy assistance
-- DTE Energy Foundation granted $300,000 to feed hungry families
DETROIT, Feb. 17, 2026 /PRNewswire/ -- DTE Energy $(DTE)$ announced today that it made record capital investments in 2025 of more than $4.3 billion to improve the reliability of its utility infrastructure and generate cleaner energy for its customers. DTE Electric invested over $3.6 billion toward boosting reliability and building cleaner energy generation, while DTE Gas invested $661 million to upgrade its natural gas system. Beyond these investments, DTE secured a landmark agreement to power Oracle's new data center development, which is expected to produce significant affordability benefits for its electric customers and drive economic progress in Michigan.
The company also reported 2025 earnings of nearly $1.5 billion, or $7.03 per diluted share, compared with $1.4 billion, or $6.77 per diluted share in 2024. Operating earnings for 2025 were $1.5 billion, or $7.36 per diluted share, compared with 2024 operating earnings of $1.4 billion, or $6.83 per diluted share. Operating earnings exclude non-recurring items, certain mark-to-market adjustments and discontinued operations. Reconciliations of reported earnings to operating earnings are included at the end of this news release.
"Our achievements in 2025 are a testament to the hard work and passion of our entire DTE team," said Joi Harris, DTE president and CEO. "In 2025, we delivered historic gains for our customers and communities - reducing power outages, advancing Michigan's transition to clean energy and investing with local businesses. Securing an agreement to power Oracle's new data center will create long-term benefits for all our customers, demonstrating our commitment to affordable, reliable energy and economic growth for Michigan. As we take on new opportunities, we will continue our commitment to deliver innovative solutions and cost savings for our customers."
Harris noted the following accomplishments:
-- Secured landmark agreement to power Oracle's new data center: DTE
negotiated its first hyperscale data center contracts to provide 1.4
gigawatts of load to power Oracle's new data center in Saline Township,
MI, paving the way to deliver significant affordability benefits to its
customers. The contracts, approved by the Michigan Public Service
Commission, protect DTE customers by ensuring revenues from Oracle cover
the costs associated with powering the data center, so DTE's existing
customers will not subsidize data center rates. By bringing a large
customer like Oracle onto its electric system, DTE can spread fixed costs
more broadly and provide substantial affordability benefits for existing
customers. Additionally, the agreement protects customers from any risk
of stranded assets. This historic project is the largest economic
development initiative in Michigan's history and will generate thousands
of local jobs.
-- Continued improving electric reliability: During 2025, DTE Electric made
major investments to improve the reliability and resiliency of the grid,
installing nearly 700 smart devices, rebuilding key sections of the grid,
upgrading poles, cross-arms, and other critical infrastructure, and
trimming nearly 6,600 miles of trees. Building on the 70% reduction in
outage time from 2023 to 2024, these enhancements, coupled with less
extreme weather, contributed to an additional 60% improvement in 2025.
DTE also restored power faster than ever during storms through strategic
planning and process improvements. DTE's ongoing investments remain
crucial to ensuring its grid is ready for future opportunities like
growing electric demand.
-- Enhanced safety and affordability for natural gas customers: DTE Gas
continued to enhance the safety and reliability of its system while
keeping energy affordable for customers. The company upgraded more than
180 miles of gas main with more efficient and durable pipe that ensures
the ongoing safe and reliable delivery of natural gas, as well as
benefits the environment by preventing leaks. Ongoing revenue growth from
DTE's Home Protection Plus appliance program continues to offset costs
for gas utility customers.
-- Advanced clean energy development: DTE began construction on the Cold
Creek Solar Park in Branch County, a key initiative supporting Ford Motor
Company's transition to 100% carbon-free manufacturing through DTE's
Clean Vision MIGreenPower program. DTE completed construction of the Pine
River and Polaris Solar Parks in Gratiot County, which collectively
provide clean energy to more than 43,000 homes and are funded by
voluntary customer enrollments in MIGreenPower. DTE also partnered with
the city of Detroit to build Castle Solar Park and offset electricity use
in city buildings. These projects advance DTE Electric's net zero carbon
emissions goal and help Michigan reach its new standard of 60% renewable
energy by 2035.
-- Invested $2.9 billion in local businesses, including a record $1.1
billion with Detroit suppliers: DTE spent $2.9 billion with local
businesses in 2025, creating and sustaining an estimated 13,000 jobs
across Michigan. For the first time in its history, the company spent
more than $1 billion with Detroit-based businesses. DTE continues to be a
leader in partnering with local suppliers, investing more than $24
billion since 2016 and creating or sustaining more than 100,000 Michigan
jobs.
-- Earned honors as a great place to work: DTE received Gallup's Exceptional
Workplace Award for the 13th consecutive year, placing DTE in the top 3%
of companies globally.
-- Connected vulnerable customers to $125 million in energy assistance: In
2025, DTE helped vulnerable and income-qualified customers access $125
million in energy assistance through partnerships with nonprofit agencies
across Michigan. Additionally, DTE donated $15 million to The Heat and
Warmth Fund, The Salvation Army and United Way for Southeastern Michigan
to provide critical support to elderly, unemployed, underemployed,
disabled and other residents in need across the state.
-- DTE Energy Foundation granted $300,000 to feed hungry families:
Responding to the disruption in Supplemental Nutrition Assistance Program
(SNAP) benefits and a continued surge in food insecurity statewide, DTE
Energy Foundation awarded $300,000 to food programs to help meet the
growing demand for meals amid persistent economic challenges. The funds
were distributed among organizations serving communities throughout DTE's
service territory, including Food Bank of Eastern Michigan, Food
Gatherers, Forgotten Harvest, Gleaners Community Food Bank, United Way
and Feeding America West Michigan.
Outlook for 2026
DTE Energy confirms its 2026 operating EPS guidance of $7.59 - $7.73.
"DTE's strong results in 2025 reflect our disciplined strategy and commitment to delivering value for our customers and shareholders," said David Ruud, DTE's vice chairman and CFO. "The investments we made this year not only strengthened our core operations and enhanced reliability for our customers, they also laid a secure foundation for continued growth and success in 2026 and beyond."
This earnings announcement and presentation slides are available at dteenergy.com/investors.
The company will conduct a conference call to discuss earnings results at 9:00 a.m. ET. Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors. The telephone dial-in number in the U.S. and Canada toll free is: (888) 510-2008. The telephone dial-in USA and international toll is: +1 (646) 960-0306 and the Canada dial-in toll is: (289) 514-5035. The passcode is 4987588. The webcast will be archived on the DTE website at dteenergy.com/investors.
About DTE Energy
DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.4 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/DTE_Energy and facebook.com/dteenergy.
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