第一能源 2025年季度报告

FORM10-Q(Mark One)☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch31, 2025 OR SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: New York Stock Exchange Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject tosuch filing requirements for the past 90days. FirstEnergy Corp. Jersey Central Power & Light Company Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was requiredto submit such files). FirstEnergy Corp. Jersey Central Power & Light Company Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule12b-2 of the Exchange Act. Large Accelerated Filer☑FirstEnergy Corp.Accelerated Filer☐N/ANon-accelerated Filer☑Jersey Central Power & Light CompanySmaller Reporting Company☐N/AEmerging Growth Company☐N/A If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). FirstEnergy Corp.Jersey Central Power & Light Company This combined Form 10-Q is separately filed by FirstEnergy Corp. and Jersey Central Power & Light Company. Information contained hereinrelating to any individual registrant is filed by such registrant on its own behalf. Jersey Central Power & Light Company makes no representationas to information relating to FirstEnergy Corp. Jersey Central Power & Light Company meets the conditions set forth in General Instruction H(1)(a) and (b) of Form 10-Q and is therefore filingthis Form 10-Q with the reduced disclosure format specified in General Instruction H(2) to Form 10-Q. FirstEnergy Website and Other Social Media Sites and Applications Each of the registrants’ Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, amendments to thosereports, and all other documents filed with or furnished to the SEC pursuant to Section 13(a) of the Exchange Act are made available free ofcharge on FirstEnergy’s website at investors.firstenergycorp.com. These documents are also available to the public from commercial documentretrieval services and the website maintained by the SEC at www.sec.gov. These SEC filings are posted on FirstEnergy’s website as soon as reasonably practicable after they are electronically filed with or furnished tothe SEC. Additionally, FirstEnergy routinely posts additional important information, including press releases, investor presentations, investorfactbooks, regulatory activity updates, and notices of upcoming events under the “Investors” section of FirstEnergy’s website and recognizesFirstEnergy’s website as a channel of distribution to reach public investors and as a means of disclosing (including initially or exclusively)material non-public information for complying with disclosure obligations under Regulation FD. Investors may be notified of postings to thewebsite by signing up for email alerts and Rich Site Summary feeds on the “Investors” page of FirstEnergy’s website. FirstEnergy also uses X(the social networking site formerly known as Twitter®), LinkedIn®, YouTube® and Facebook® as additional channels of distribution to reachpublic investors and as a supplemental means of disclosing material non-public information for complying with its disclosure obligations underRegulation FD. Information contained on FirstEnergy’s website, X (the social networking site formerly known as Twitter®) handle, LinkedIn®profile, YouTube® channel or Facebook® page, and any corresponding applications of those sites, shall not be deemed incorporated into, or tobe part of, this report. TABLE OF CONTENTS Glossary of TermsiiForward-Looking StatementsviPart I. Financial InformationItem1. Financial StatementsFirstEnergy Corp.Consolidated Statements of Incomeand Comprehensive Income1Consolidated Balance Sheets2ConsolidatedStatements of Equity3Consolidated Statements of Cash Flows4Jersey Central Power & Light CompanyStatementsof Incomeand Comprehensive Income5Balance Sheets6Statements of Equity7Statements of Cash Flows8CombinedNotes ToFinancial Statementsof the Registrants9It