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Telekom Srbija Modernizes Customer Engagement and AI-Driven Marketing With SAS
CARY, North Carolina, July 29 -- SAS Institute, a business analytics software and services provider, issued the following news release:
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Telekom Srbija modernizes customer engagement and AI-driven marketing with SAS
SAS Customer Intelligence 360 and SAS Viya help deliver personalized engagement, and scale AI decisioning initiatives.
-
Telekom Srbija, the leading telecommunications provider in Serbia and a major presence in Southeast and Central Europe, is redefining what it means to be a modern telecom operator with the help of SAS, a global leader in data and AI.
Telekom Srbija is using ... Show Full Article CARY, North Carolina, July 29 -- SAS Institute, a business analytics software and services provider, issued the following news release: * * * Telekom Srbija modernizes customer engagement and AI-driven marketing with SAS SAS Customer Intelligence 360 and SAS Viya help deliver personalized engagement, and scale AI decisioning initiatives. - Telekom Srbija, the leading telecommunications provider in Serbia and a major presence in Southeast and Central Europe, is redefining what it means to be a modern telecom operator with the help of SAS, a global leader in data and AI. Telekom Srbija is usingSAS Customer Intelligence 360, SAS Intelligent Decisioning and SAS(R) Viya(R) to unify campaign management, deliver personalized customer engagement, support real-time decisioning and scale AI-driven marketing.
While communication, broadband and connectivity remain a priority, Telekom Srbija has moved beyond traditional telecom services to build one of the region's most successful content production engines, creating TV series, films and documentaries - content that is consumed by people in local markets, and globally.
But as Telekom Srbija expanded, so did the complexity of its marketing operations. Multiple teams were running independent campaigns, often resulting in inconsistent messaging and a fragmented customer experience for its more than 8 million customers.
"Previously, we had nine different teams creating campaigns, and none of them knew who was executing what or when," said Natali Delic, Strategy and Digital Officer at Telekom Srbija. "Customers were receiving conflicting offers across channels, which diluted impact and increased costs. We needed a unified approach."
To address this, Telekom Srbija implemented SAS Customer Intelligence 360, SAS' AI-powered customer engagement platform, to consolidate campaign planning, orchestration and execution into a single solution.
With SAS Customer Intelligence 360, Telekom Srbija can:
* Centralize campaign management across teams and channels.
* Eliminate overlapping messages and customer fatigue.
* Enable coordinated, consistent engagement at scale.
* Enable real-time personalization.
* Create a scalable foundation for AI-driven marketing.
"With SAS we're moving from broad, segment-based campaigns to highly refined offers tailored to micro-segments, even individual customers," said Delic.
Driving smarter, real-time decisioning
Telekom Srbija is also modernizing its decisioning capabilities, evolving from trigger-based campaigns to fully contextual, real-time engagement. By combining SAS Customer Intelligence 360 with SAS Intelligent Decisioning, the company can:
* React instantly to customer behavior.
* Deliver relevant offers based on real-time context.
* Extend engagement across channels including mobile, web and self-service apps.
"Context is everything," Delic said. "A message might feel intrusive at one moment but highly valuable at another. With SAS, we can respond in real time with the right action, at the right moment, through the right channel."
The combination of SAS Customer Intelligence 360 and SAS Intelligent Decisioning enables real-time personalization based on customer behavior and context.
Scaling AI with a cloud-native analytics foundation
To support its continued growth and innovation, Telekom Srbija has deployed SAS Viya, a scalable, cloud-native platform unifying analytics, machine learning and AI.
"We knew we needed a platform that could bring everything together. We needed a company that shared our innovative spirit and provided the capabilities to grow and scale," Delic said. "That's why we chose SAS Viya."
Since deployment, the company's vision for AI has increased rapidly, building on the breadth of SAS Viya's capabilities, including:
* Integrating analytics, AI and machine learning in one environment.
* Supporting multiple programming languages and teams.
* Enabling exploration of large language models and AI agents.
"The possibilities with Viya keep expanding," Delic said. "We're now exploring how large language models and AI agents can help marketers accelerate campaign creation, improve customer engagement and automate marketing workflows."
SAS Customer Intelligence 360 helps organizations unify customer data, orchestrate personalized customer journeys, deliver real-time engagement and measure marketing performance across channels. For more information on SAS Customer Intelligence 360, visit: SAS Customer Intelligence 360 (https://www.sas.com/en_us/solutions/customer-intelligence/marketing.html)
To follow updates and insights, visit the SAS Customer Intelligence LinkedIn page: SAS Customer Intelligence 360 on LinkedIn (https://www.linkedin.com/showcase/sas-customer-intelligence-360/)
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About SAS
SAS is a global leader in data and AI, helping organizations make confident decisions with AI they can trust. For decades, SAS has set the standard for delivering software that drives meaningful impact, incorporating deep industry expertise, transparency and governance. SAS gives you THE POWER TO KNOW(R).
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Original text here: https://www.sas.com/en_us/news/press-releases/2026/july/telekom-srbija-modernizes-customer-engagement-and-ai-driven-mark.html
[Category: BizComputer Technology]
* * *
Telekom Srbija modernizes customer engagement and AI-driven marketing with SAS
SAS Customer Intelligence 360 and SAS Viya help deliver personalized engagement, and scale AI decisioning initiatives.
-
Telekom Srbija, the leading telecommunications provider in Serbia and a major presence in Southeast and Central Europe, is redefining what it means to be a modern telecom operator with the help of SAS, a global leader in data and AI.
Telekom Srbija is using ... Show Full Article CARY, North Carolina, July 29 -- SAS Institute, a business analytics software and services provider, issued the following news release: * * * Telekom Srbija modernizes customer engagement and AI-driven marketing with SAS SAS Customer Intelligence 360 and SAS Viya help deliver personalized engagement, and scale AI decisioning initiatives. - Telekom Srbija, the leading telecommunications provider in Serbia and a major presence in Southeast and Central Europe, is redefining what it means to be a modern telecom operator with the help of SAS, a global leader in data and AI. Telekom Srbija is usingSAS Customer Intelligence 360, SAS Intelligent Decisioning and SAS(R) Viya(R) to unify campaign management, deliver personalized customer engagement, support real-time decisioning and scale AI-driven marketing.
While communication, broadband and connectivity remain a priority, Telekom Srbija has moved beyond traditional telecom services to build one of the region's most successful content production engines, creating TV series, films and documentaries - content that is consumed by people in local markets, and globally.
But as Telekom Srbija expanded, so did the complexity of its marketing operations. Multiple teams were running independent campaigns, often resulting in inconsistent messaging and a fragmented customer experience for its more than 8 million customers.
"Previously, we had nine different teams creating campaigns, and none of them knew who was executing what or when," said Natali Delic, Strategy and Digital Officer at Telekom Srbija. "Customers were receiving conflicting offers across channels, which diluted impact and increased costs. We needed a unified approach."
To address this, Telekom Srbija implemented SAS Customer Intelligence 360, SAS' AI-powered customer engagement platform, to consolidate campaign planning, orchestration and execution into a single solution.
With SAS Customer Intelligence 360, Telekom Srbija can:
* Centralize campaign management across teams and channels.
* Eliminate overlapping messages and customer fatigue.
* Enable coordinated, consistent engagement at scale.
* Enable real-time personalization.
* Create a scalable foundation for AI-driven marketing.
"With SAS we're moving from broad, segment-based campaigns to highly refined offers tailored to micro-segments, even individual customers," said Delic.
Driving smarter, real-time decisioning
Telekom Srbija is also modernizing its decisioning capabilities, evolving from trigger-based campaigns to fully contextual, real-time engagement. By combining SAS Customer Intelligence 360 with SAS Intelligent Decisioning, the company can:
* React instantly to customer behavior.
* Deliver relevant offers based on real-time context.
* Extend engagement across channels including mobile, web and self-service apps.
"Context is everything," Delic said. "A message might feel intrusive at one moment but highly valuable at another. With SAS, we can respond in real time with the right action, at the right moment, through the right channel."
The combination of SAS Customer Intelligence 360 and SAS Intelligent Decisioning enables real-time personalization based on customer behavior and context.
Scaling AI with a cloud-native analytics foundation
To support its continued growth and innovation, Telekom Srbija has deployed SAS Viya, a scalable, cloud-native platform unifying analytics, machine learning and AI.
"We knew we needed a platform that could bring everything together. We needed a company that shared our innovative spirit and provided the capabilities to grow and scale," Delic said. "That's why we chose SAS Viya."
Since deployment, the company's vision for AI has increased rapidly, building on the breadth of SAS Viya's capabilities, including:
* Integrating analytics, AI and machine learning in one environment.
* Supporting multiple programming languages and teams.
* Enabling exploration of large language models and AI agents.
"The possibilities with Viya keep expanding," Delic said. "We're now exploring how large language models and AI agents can help marketers accelerate campaign creation, improve customer engagement and automate marketing workflows."
SAS Customer Intelligence 360 helps organizations unify customer data, orchestrate personalized customer journeys, deliver real-time engagement and measure marketing performance across channels. For more information on SAS Customer Intelligence 360, visit: SAS Customer Intelligence 360 (https://www.sas.com/en_us/solutions/customer-intelligence/marketing.html)
To follow updates and insights, visit the SAS Customer Intelligence LinkedIn page: SAS Customer Intelligence 360 on LinkedIn (https://www.linkedin.com/showcase/sas-customer-intelligence-360/)
* * *
About SAS
SAS is a global leader in data and AI, helping organizations make confident decisions with AI they can trust. For decades, SAS has set the standard for delivering software that drives meaningful impact, incorporating deep industry expertise, transparency and governance. SAS gives you THE POWER TO KNOW(R).
* * *
Original text here: https://www.sas.com/en_us/news/press-releases/2026/july/telekom-srbija-modernizes-customer-engagement-and-ai-driven-mark.html
[Category: BizComputer Technology]
Project Jupiter Will Bring More Than $4.7 Billion to New Mexico and Hundreds of Jobs for State Residents
REDWOOD SHORES, California, July 29 -- Oracle, a developer of hardware and software products, issued the following news release on July 28, 2026:
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Project Jupiter Will Bring More Than $4.7 Billion to New Mexico and Hundreds of Jobs for State Residents
Project has already delivered almost $80 million in state and county tax revenue, with nearly 700 New Mexico residents working onsite
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Oracle today announced that Project Jupiter has already delivered nearly $80 million in tax revenue and is expected to deliver more than $4.7 billion in long-term economic impact to the state and county ... Show Full Article REDWOOD SHORES, California, July 29 -- Oracle, a developer of hardware and software products, issued the following news release on July 28, 2026: * * * Project Jupiter Will Bring More Than $4.7 Billion to New Mexico and Hundreds of Jobs for State Residents Project has already delivered almost $80 million in state and county tax revenue, with nearly 700 New Mexico residents working onsite - Oracle today announced that Project Jupiter has already delivered nearly $80 million in tax revenue and is expected to deliver more than $4.7 billion in long-term economic impact to the state and countyfrom tax revenue, investments, and additional commercial activity./* To date, the project has funded 80% of its $50 million commitment to support local water infrastructure in Dona Ana County, with the remaining funding expected next month. It also generated $10 million in tax revenue for Dona Ana County and $29.9 million for the State of New Mexico from January through May 2026. The data center is being built by New Mexicans, with nearly 700 residents working onsite to date and hundreds more expected to be employed in the coming months.
Bringing Jobs to New Mexico
These results reflect Project Jupiter's expanding investment in local jobs, community priorities, and long-term economic growth across southern New Mexico. The project is now on pace to create more than 7,000 construction jobs, including many union jobs, and 1,500 ongoing project-supported jobs once construction is complete.
"Project Jupiter is a responsible data center that is delivering tangible, growing value for Dona Ana County today," said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure. "Fulfilling our $50 million water infrastructure commitment this summer, generating nearly $10 million in local tax revenue, and creating more than 700 good-paying jobs for New Mexicans reflects our commitment to being a good neighbor and delivering lasting, generational benefits to the community we're proud to join."
Significant Community Investment
During construction, the project is estimated to generate tax revenues of approximately $600 million total, including $200 million to the county and $400 million to the state of New Mexico. Once operational, Project Jupiter is projected to have an ongoing gross receipts tax impact of more than $10 million annually for the county and more than $30 million to New Mexico--totaling $680 million over 17 years. In addition, the project will make payments of $12 million per year directly to the county and local schools through the Industrial Revenue Bond.
Tax revenues have already helped fund important local programs including generators for fire stations, food pantry renovations, improved roads, and funding for Dona Ana County schools. Project Jupiter has also fulfilled its $1.5 million commitment to the Boys & Girls Club of Las Cruces as part of a $6.9 million investment in workforce development and other community programs.
Project Jupiter is expected to generate approximately $384 million in annual economic impact during construction and $113 million annually once operational.
Table: $4.7 Billion in Long-Term Economic Impact/*
Responsible Energy and Water Strategy
Project Jupiter's updated design will significantly reduce ongoing water use and will not use any potable water for cooling or fuel cell operation. Similar to our data center's closed-loop cooling system, Bloom Energy's fuel cells require a one-time startup fill and only limited water for maintenance. Averaged over 15 years, the data center cooling and fuel cell systems together are expected to use about as much water each year as nine U.S. households. Water for startup and maintenance of the data center and fuel cell systems will come from non-potable water, while community drinking water will be limited to ordinary employee needs such as kitchens and restrooms.
The Bloom Energy fuel cells will power the campus through an onsite microgrid, replacing the previously planned gas turbines and diesel generators. Compared with the prior gas turbine plan, the updated energy design is expected to reduce nitrogen oxide emissions by approximately 92 percent.
Oracle will pay for the project's energy infrastructure and electricity costs, so residents are not asked to fund Project Jupiter's power needs through their electric bills. Project Jupiter is also committed to 100% carbon-free energy matching by 2031, and we will reach New Mexico's Energy Transition Act (ETA) goals prior to 2045./*
Residents can learn more at ProjectJupiterTogether.com.
*/ Our commitments and projections for tax revenues, jobs, investment and economic impact assume the air permit and pipeline are approved, as originally planned.
* * *
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
* * *
Forward-Looking Statements Disclaimer
Statements in this article relating to Oracle's future plans, expectations, beliefs, and intentions are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect Oracle's current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle's business is contained in Oracle's Securities and Exchange Commission (SEC) filings, including Oracle's most recent reports on Form 10-K and Form 10-Q under the heading "Risk Factors." These filings are available on the SEC's website or on Oracle's website at oracle.com/investor. All information in this article is current as of July 28, 2026 and Oracle undertakes no duty to update any statement in light of new information or future events.
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Original text here: https://www.oracle.com/news/announcement/project-jupiter-2026-07-28/
[Category: BizComputer Technology]
* * *
Project Jupiter Will Bring More Than $4.7 Billion to New Mexico and Hundreds of Jobs for State Residents
Project has already delivered almost $80 million in state and county tax revenue, with nearly 700 New Mexico residents working onsite
-
Oracle today announced that Project Jupiter has already delivered nearly $80 million in tax revenue and is expected to deliver more than $4.7 billion in long-term economic impact to the state and county ... Show Full Article REDWOOD SHORES, California, July 29 -- Oracle, a developer of hardware and software products, issued the following news release on July 28, 2026: * * * Project Jupiter Will Bring More Than $4.7 Billion to New Mexico and Hundreds of Jobs for State Residents Project has already delivered almost $80 million in state and county tax revenue, with nearly 700 New Mexico residents working onsite - Oracle today announced that Project Jupiter has already delivered nearly $80 million in tax revenue and is expected to deliver more than $4.7 billion in long-term economic impact to the state and countyfrom tax revenue, investments, and additional commercial activity./* To date, the project has funded 80% of its $50 million commitment to support local water infrastructure in Dona Ana County, with the remaining funding expected next month. It also generated $10 million in tax revenue for Dona Ana County and $29.9 million for the State of New Mexico from January through May 2026. The data center is being built by New Mexicans, with nearly 700 residents working onsite to date and hundreds more expected to be employed in the coming months.
Bringing Jobs to New Mexico
These results reflect Project Jupiter's expanding investment in local jobs, community priorities, and long-term economic growth across southern New Mexico. The project is now on pace to create more than 7,000 construction jobs, including many union jobs, and 1,500 ongoing project-supported jobs once construction is complete.
"Project Jupiter is a responsible data center that is delivering tangible, growing value for Dona Ana County today," said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure. "Fulfilling our $50 million water infrastructure commitment this summer, generating nearly $10 million in local tax revenue, and creating more than 700 good-paying jobs for New Mexicans reflects our commitment to being a good neighbor and delivering lasting, generational benefits to the community we're proud to join."
Significant Community Investment
During construction, the project is estimated to generate tax revenues of approximately $600 million total, including $200 million to the county and $400 million to the state of New Mexico. Once operational, Project Jupiter is projected to have an ongoing gross receipts tax impact of more than $10 million annually for the county and more than $30 million to New Mexico--totaling $680 million over 17 years. In addition, the project will make payments of $12 million per year directly to the county and local schools through the Industrial Revenue Bond.
Tax revenues have already helped fund important local programs including generators for fire stations, food pantry renovations, improved roads, and funding for Dona Ana County schools. Project Jupiter has also fulfilled its $1.5 million commitment to the Boys & Girls Club of Las Cruces as part of a $6.9 million investment in workforce development and other community programs.
Project Jupiter is expected to generate approximately $384 million in annual economic impact during construction and $113 million annually once operational.
Table: $4.7 Billion in Long-Term Economic Impact/*
Responsible Energy and Water Strategy
Project Jupiter's updated design will significantly reduce ongoing water use and will not use any potable water for cooling or fuel cell operation. Similar to our data center's closed-loop cooling system, Bloom Energy's fuel cells require a one-time startup fill and only limited water for maintenance. Averaged over 15 years, the data center cooling and fuel cell systems together are expected to use about as much water each year as nine U.S. households. Water for startup and maintenance of the data center and fuel cell systems will come from non-potable water, while community drinking water will be limited to ordinary employee needs such as kitchens and restrooms.
The Bloom Energy fuel cells will power the campus through an onsite microgrid, replacing the previously planned gas turbines and diesel generators. Compared with the prior gas turbine plan, the updated energy design is expected to reduce nitrogen oxide emissions by approximately 92 percent.
Oracle will pay for the project's energy infrastructure and electricity costs, so residents are not asked to fund Project Jupiter's power needs through their electric bills. Project Jupiter is also committed to 100% carbon-free energy matching by 2031, and we will reach New Mexico's Energy Transition Act (ETA) goals prior to 2045./*
Residents can learn more at ProjectJupiterTogether.com.
*/ Our commitments and projections for tax revenues, jobs, investment and economic impact assume the air permit and pipeline are approved, as originally planned.
* * *
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
* * *
Forward-Looking Statements Disclaimer
Statements in this article relating to Oracle's future plans, expectations, beliefs, and intentions are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect Oracle's current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle's business is contained in Oracle's Securities and Exchange Commission (SEC) filings, including Oracle's most recent reports on Form 10-K and Form 10-Q under the heading "Risk Factors." These filings are available on the SEC's website or on Oracle's website at oracle.com/investor. All information in this article is current as of July 28, 2026 and Oracle undertakes no duty to update any statement in light of new information or future events.
* * *
Original text here: https://www.oracle.com/news/announcement/project-jupiter-2026-07-28/
[Category: BizComputer Technology]
From Thailand to the World: 'The Debt Collector' Takes Over Netflix's Global Top 10
LOS GATOS, California, July 29 -- Netflix, a content provider, issued the following news:
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From Thailand to the World: 'The Debt Collector' Takes Over Netflix's Global Top 10
Thai action films are no longer just breaking through -- they're breaking records and underscoring the growing global appetite for Thai content on Netflix. Thai action-thriller The Debt Collector has debuted at the #3 spot on Netflix's Global Top 10 Non-English Films just one week after its premiere. The film quickly claimed the #1 spot in Thailand within 24 hours of its release and has held the top spot in the country ... Show Full Article LOS GATOS, California, July 29 -- Netflix, a content provider, issued the following news: * * * From Thailand to the World: 'The Debt Collector' Takes Over Netflix's Global Top 10 Thai action films are no longer just breaking through -- they're breaking records and underscoring the growing global appetite for Thai content on Netflix. Thai action-thriller The Debt Collector has debuted at the #3 spot on Netflix's Global Top 10 Non-English Films just one week after its premiere. The film quickly claimed the #1 spot in Thailand within 24 hours of its release and has held the top spot in the countryever since. Internationally, it has landed in the Top 10 in 56 countries.
Pure Thrills: The Simple Heart of an Action Film
Director Surapong Ploensang reveals his simple wish, "What I hope audiences take away from this movie is simply enjoyment. I want everyone to watch this film and feel extremely excited and satisfied; all our effort is aimed at that. The simplest essence of an action film is for the audience to have fun with it and feel thrilled. We put our heart and soul into delivering that for our audiences."
"Beyond the action, this film speaks about something universal that is 'debt', and the weight it puts on people's lives. I believe audiences everywhere understand that message without us needing to spell it out. Seeing it resonate with viewers across so many different countries has been incredibly rewarding for everyone involved," the director concluded.
Nadech x DAOU and Their Most Transformative Performances Yet
Lead actor Nadech Kugimiya, whose career-defining transformation into "Num" has earned widespread praise from audiences, shared that this role meant to him far more than simply playing a character. It was his greatest transformation for a character, both physically and emotionally.
"At the beginning, we would spend around three to four hours in the makeup chair experimenting -- darkening my skin tone, adding tattoos and scars, trying different things until we found the right look. After that, the process moved much faster. My favorite moment was actually seeing myself in the mirror, those details made me truly feel like I had become Num. As filming went on, I tried to live more like the character. I stopped paying much attention to my own appearance and did my best to leave 'Nadech' behind, so I could stay fully immersed in Num throughout the entire shoot," Nadech shared.
Daou Pitaya Saechua's chilling portrayal of the ruthless villain "Po" has become an internet favorite, particularly for the striking contrast between his brutality toward everyone around him and the childlike softness he shows when around his mother, a detail that quickly went viral on social media. Reflecting on taking on the role, he further shared: "Playing Po was both physically and emotionally demanding, but also an incredibly exciting challenge. I believed that someone as ruthless as Po had to have a reason for becoming who he is, so I worked closely with my acting coach to understand what drives him and what could push someone to such extreme violence. Those motivations shaped every action and every thought behind the character. In the end, if audiences truly hate Po, then I feel I've succeeded in doing my job as an actor."
A Story Rooted in Thailand, Resonating Worldwide
While The Debt Collector explores the universal issue of debt at its core, the film is deeply rooted in Thai identity, with every detail reflecting the country's rich culture and character. The creative journey began with a simple question: "If this story didn't take place in Bangkok, where would it happen?" -- a question that ultimately led the filmmakers to Phetchaburi Province as the story's backdrop.
Following extensive location research, the crew found that Phetchaburi offered everything they needed, both creatively and visually. From its mountains and coastline to its distinctive landscapes and timeless old-town architecture, the province gave the film the perfect canvas for its action sequences while offering global audiences a fresh view of Thailand beyond the familiar skylines of Bangkok and its well-known tourist spots. The film also weaves Thai culture seamlessly into its storytelling through authentic everyday settings and local traditions, with one standout example being the vibrant temple fair, brought to life through iconic colorful neon lights, inflatable playgrounds with giant slides, and the iconic "Wall of Death" motorcycle stunt show. Together, these details build a world that feels vivid, dynamic, and unmistakably Thai.
The Debt Collector follows a former brutal debt collector, haunted by guilt and racing against a terminal illness after his time behind bars. When he returns to the world he once terrorized, this time he avenges the victims of loan sharks and seeks redemption before it's too late. Starring Nadech Kugimiya, Daou Pittaya Saechua, and Chaiwat Thongsaeng, The Debt Collector is now streaming, only on Netflix.
* * *
Original text here: https://about.netflix.com/en/news/from-thailand-to-the-world-the-debt-collector
[Category: Media]
* * *
From Thailand to the World: 'The Debt Collector' Takes Over Netflix's Global Top 10
Thai action films are no longer just breaking through -- they're breaking records and underscoring the growing global appetite for Thai content on Netflix. Thai action-thriller The Debt Collector has debuted at the #3 spot on Netflix's Global Top 10 Non-English Films just one week after its premiere. The film quickly claimed the #1 spot in Thailand within 24 hours of its release and has held the top spot in the country ... Show Full Article LOS GATOS, California, July 29 -- Netflix, a content provider, issued the following news: * * * From Thailand to the World: 'The Debt Collector' Takes Over Netflix's Global Top 10 Thai action films are no longer just breaking through -- they're breaking records and underscoring the growing global appetite for Thai content on Netflix. Thai action-thriller The Debt Collector has debuted at the #3 spot on Netflix's Global Top 10 Non-English Films just one week after its premiere. The film quickly claimed the #1 spot in Thailand within 24 hours of its release and has held the top spot in the countryever since. Internationally, it has landed in the Top 10 in 56 countries.
Pure Thrills: The Simple Heart of an Action Film
Director Surapong Ploensang reveals his simple wish, "What I hope audiences take away from this movie is simply enjoyment. I want everyone to watch this film and feel extremely excited and satisfied; all our effort is aimed at that. The simplest essence of an action film is for the audience to have fun with it and feel thrilled. We put our heart and soul into delivering that for our audiences."
"Beyond the action, this film speaks about something universal that is 'debt', and the weight it puts on people's lives. I believe audiences everywhere understand that message without us needing to spell it out. Seeing it resonate with viewers across so many different countries has been incredibly rewarding for everyone involved," the director concluded.
Nadech x DAOU and Their Most Transformative Performances Yet
Lead actor Nadech Kugimiya, whose career-defining transformation into "Num" has earned widespread praise from audiences, shared that this role meant to him far more than simply playing a character. It was his greatest transformation for a character, both physically and emotionally.
"At the beginning, we would spend around three to four hours in the makeup chair experimenting -- darkening my skin tone, adding tattoos and scars, trying different things until we found the right look. After that, the process moved much faster. My favorite moment was actually seeing myself in the mirror, those details made me truly feel like I had become Num. As filming went on, I tried to live more like the character. I stopped paying much attention to my own appearance and did my best to leave 'Nadech' behind, so I could stay fully immersed in Num throughout the entire shoot," Nadech shared.
Daou Pitaya Saechua's chilling portrayal of the ruthless villain "Po" has become an internet favorite, particularly for the striking contrast between his brutality toward everyone around him and the childlike softness he shows when around his mother, a detail that quickly went viral on social media. Reflecting on taking on the role, he further shared: "Playing Po was both physically and emotionally demanding, but also an incredibly exciting challenge. I believed that someone as ruthless as Po had to have a reason for becoming who he is, so I worked closely with my acting coach to understand what drives him and what could push someone to such extreme violence. Those motivations shaped every action and every thought behind the character. In the end, if audiences truly hate Po, then I feel I've succeeded in doing my job as an actor."
A Story Rooted in Thailand, Resonating Worldwide
While The Debt Collector explores the universal issue of debt at its core, the film is deeply rooted in Thai identity, with every detail reflecting the country's rich culture and character. The creative journey began with a simple question: "If this story didn't take place in Bangkok, where would it happen?" -- a question that ultimately led the filmmakers to Phetchaburi Province as the story's backdrop.
Following extensive location research, the crew found that Phetchaburi offered everything they needed, both creatively and visually. From its mountains and coastline to its distinctive landscapes and timeless old-town architecture, the province gave the film the perfect canvas for its action sequences while offering global audiences a fresh view of Thailand beyond the familiar skylines of Bangkok and its well-known tourist spots. The film also weaves Thai culture seamlessly into its storytelling through authentic everyday settings and local traditions, with one standout example being the vibrant temple fair, brought to life through iconic colorful neon lights, inflatable playgrounds with giant slides, and the iconic "Wall of Death" motorcycle stunt show. Together, these details build a world that feels vivid, dynamic, and unmistakably Thai.
The Debt Collector follows a former brutal debt collector, haunted by guilt and racing against a terminal illness after his time behind bars. When he returns to the world he once terrorized, this time he avenges the victims of loan sharks and seeks redemption before it's too late. Starring Nadech Kugimiya, Daou Pittaya Saechua, and Chaiwat Thongsaeng, The Debt Collector is now streaming, only on Netflix.
* * *
Original text here: https://about.netflix.com/en/news/from-thailand-to-the-world-the-debt-collector
[Category: Media]
FirstEnergy Reports Strong 2nd Quarter 2026 Results, Reaffirms Earnings Guidance and Long-Term Growth Strategy
AKRON, Ohio, July 29 -- FirstEnergy issued the following news release on July 28, 2026:
* * *
FirstEnergy Reports Strong Second Quarter 2026 Results, Reaffirms Earnings Guidance and Long-Term Growth Strategy
Reports second quarter 2026 GAAP and Core Earnings (non-GAAP) of $0.50 per share
Year-to-date GAAP earnings of $1.20 per share and Core Earnings of $1.22 per share
Reaffirms 2026 Core Earnings guidance range of $2.62 to $2.82 per share
Reaffirms Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030
Data center demand (contracted and pipeline) increased 30% ... Show Full Article AKRON, Ohio, July 29 -- FirstEnergy issued the following news release on July 28, 2026: * * * FirstEnergy Reports Strong Second Quarter 2026 Results, Reaffirms Earnings Guidance and Long-Term Growth Strategy Reports second quarter 2026 GAAP and Core Earnings (non-GAAP) of $0.50 per share Year-to-date GAAP earnings of $1.20 per share and Core Earnings of $1.22 per share Reaffirms 2026 Core Earnings guidance range of $2.62 to $2.82 per share Reaffirms Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030 Data center demand (contracted and pipeline) increased 30%since first quarter, with contracted demand at 6.4 GW; West Virginia demand up 137% to 4.3 GW
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FirstEnergy Corp. (NYSE: FE) today reported second quarter 2026 GAAP earnings of $288 million, or $0.50 per basic and diluted share, on revenue of $3.7 billion. This compares to second quarter of 2025 GAAP earnings of $268 million, or $0.46 per basic and diluted share, on revenue of $3.4 billion. GAAP results include the impact of special items listed below.
Core Earnings (non-GAAP) for the second quarter of 2026 were $0.50 per share, in line with plan and compared to $0.52 per share in the second quarter of 2025.
Results reflect continued implementation of FirstEnergy's regulated investment strategy, cost management and improved operations across the company's service territory.
"We delivered another quarter of solid financial performance, demonstrating the strength of our strategy and our disciplined execution," said Brian X. Tierney, FirstEnergy Board Chairman, President and Chief Executive Officer. "Our results reinforce confidence in our ability to achieve our 2026 commitments and continue creating long-term value through targeted investments and constructive regulatory momentum."
The company's performance during the quarter was supported by FirstEnergy employees, who safely responded to significant heat and storms across portions of the organization's footprint, restoring power as quickly as possible and supporting impacted customers and communities throughout the recovery efforts.
FirstEnergy remains on track to achieve earnings growth near the top end of its targeted growth rate through 2030, driven by a robust capital investment plan, increasing customer demand and continued focus on operational and financial execution.
Outlook
FirstEnergy reaffirmed its 2026 Core Earnings guidance range of $2.62 to $2.82 per share, which is supported by the company's capital investment plan of $6 billion in 2026. The company deployed $2.9 billion in capital investments through the first half of 2026.
FirstEnergy's five-year, $36 billion Energize365 capital investment program will modernize the grid, renewing distribution infrastructure and strengthening transmission reliability while supporting long-term earnings growth. The plan represents an increase of nearly 30% compared with the company's previous five-year investment program.
Based on this plan, the company is reaffirming its long-term Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030.
FirstEnergy continues to see expanding opportunities across its service territory driven by increasing customer demand, economic development and the need for new electric infrastructure. The company believes these trends have the potential to meaningfully increase its long-term investment and earnings growth profile.
These opportunities include accelerating demand from data center customers across the company's footprint and growing demand in West Virginia, where FirstEnergy is advancing the proposed Maidsville Energy Center while evaluating additional generation, transmission and distribution investments to support future growth. Together, these opportunities position the company to create long-term value for customers, communities and shareholders.
"Increasing customer demand continues to create significant incremental opportunities across our service territory," said Tierney. "I am pleased with the substantial growth in contracted data center demand since the first quarter and am excited about what we are seeing in West Virginia. As we thoughtfully serve this scaling demand, we're supporting economic development, strengthening our trajectory and creating sustainable value for customers, communities and investors."
Second Quarter Results
Core Earnings in the second quarter of 2026 are in line with the plan and reflect continued execution of FirstEnergy's regulated investment strategy and disciplined financial management, resulting in a consolidated return on equity of 9.5% on a trailing 12-month basis.
In the Distribution segment, second quarter 2026 Core Earnings decreased $0.06 per share compared to the second quarter of 2025, primarily due to higher maintenance expenses, in line with our plan.
In the Integrated segment, Core Earnings were flat compared to the second quarter of 2025. Transmission rate base growth of 22% drove higher transmission earnings which was offset by planned maintenance expenses.
In the Stand-Alone Transmission segment, second quarter 2026 Core Earnings increased $0.04 per share, reflecting capital investments that drove an 11% increase in transmission rate base compared with the second quarter of 2025.
First Half Results
For the first half of 2026, FirstEnergy reported GAAP earnings of $693 million, or $1.20 per basic and diluted share, on revenue of $7.9 billion. This compares to GAAP earnings of $628 million, or $1.09 per basic and diluted share, on revenue of $7.1 billion in the first half of 2025. GAAP results for both periods reflect the impact of special items listed below.
Core Earnings (non-GAAP) for the first half of 2026 were $1.22 per share, compared to $1.19 per share in the first half of 2025.
Core Earnings growth reflected the continued success of the company's regulated investment strategy, partially offset by planned operating expenses.
Table: Consolidated GAAP Earnings Per Share (EPS) to Core (Non-GAAP) EPS Reconciliation
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Non-GAAP Financial Measures
We refer to certain financial measures, including Core Earnings (non-GAAP) per share ("Core EPS"), as "non-GAAP financial measures," which are not calculated in accordance with U.S. Generally Accepted Accounting Principles ("GAAP") and exclude the impact of "special items" from earnings attributable to FirstEnergy Corp., as reflected in the table above. Core EPS is calculated based on the weighted average number of common shares outstanding in the respective period.
Management uses non-GAAP financial measures, including Core EPS, to evaluate the company's and its segments' performance and manage its operations and frequently references such non-GAAP financial measures in its decision-making, using them to facilitate historical and ongoing performance comparisons. Management believes that Core EPS provides consistent and comparable measures of performance of its businesses on an ongoing basis. Management also believes that this measure is useful to shareholders and other interested parties to understand performance trends and evaluate the company against its peer group by presenting period-over-period operating results without the effect of certain special items that may not be consistent or comparable across periods or across the company's peer group. Core EPS and any other non-GAAP financial measures are intended to complement, and are not considered as alternatives to, the most directly comparable GAAP financial measures, which for Core EPS is EPS attributable to FirstEnergy Corp. (GAAP), as reconciled in the above table. Also, such non-GAAP financial measures may not be comparable to similarly titled measures used by other entities.
Special items represent charges incurred or benefits realized that management believes are not indicative of or may obscure trends useful in evaluating the company's ongoing core activities and results of operations or otherwise warrant separate classification. More detail on special items for the period can be found in the Company's Strategic and Financial Highlights, available at the company's Investor Information website - www.firstenergycorp.com/ir.
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Forward-Looking Non-GAAP Measures
A quantitative reconciliation of forward-looking non-GAAP measures, including 2026 Core EPS and Core EPS Compound Annual Growth Rate ("CAGR") projections, to the most directly comparable GAAP measures is not provided because comparable GAAP measures for such measures are not available without unreasonable efforts due to the inherent difficulty in forecasting and quantifying measures that would be necessary for such reconciliation. Specifically, management cannot, without unreasonable effort, predict the impact of these special items in the context of Core EPS guidance and Core EPS CAGR projections because these items, which could be significant, are difficult to predict and may be highly variable. In addition, the company believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors. Forward-looking statements, including these special items, are based upon current expectations and are subject to factors that could cause actual results to differ materially from those suggested here, including those factors set forth under "Forward-Looking Statements," below.
Investor Materials and Teleconference
FirstEnergy's Strategic and Financial Highlights presentation is posted on the company's Investor Information website - www.firstenergycorp.com/ir. It can be accessed through the Second Quarter 2026 Financial Results link. Important information may be disseminated initially or exclusively via the company's Investor Information website; investors should consult the site to access this information.
The company invites investors, customers and other interested parties to listen to a live webcast of its teleconference for financial analysts and view presentation slides at 9:00 a.m. EDT tomorrow, July 29, 2026. FirstEnergy management will present an overview of the company's financial results followed by a question-and-answer session. The teleconference and presentation can be accessed on the Investor Information website by selecting the Second Quarter 2026 Earnings Webcast link. The webcast and presentation will be archived on the website.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. FirstEnergy's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on X @FirstEnergyCorp.
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Forward Looking Statements: This news release includes forward-looking statements based on information currently available to management unless the context requires otherwise, references to "we," "us," "our" and "FirstEnergy" refers to FirstEnergy Corp. and its subsidiaries. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements include declarations regarding management's intents, beliefs and current expectations. These statements typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "intend," "believe," "project," "estimate," "plan" and similar words. Forward-looking statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, which may include the following: the potential liabilities, increased costs and unanticipated developments resulting from government investigations and agreements, including those associated with compliance with or failure to comply with the Deferred Prosecution Agreement entered into July 21, 2021 and settlements with the U.S. Attorney's Office for the Southern District of Ohio and the Securities and Exchange Commission ("SEC"); the risks and uncertainties associated with litigation, including the securities class action lawsuit, regulatory proceedings, arbitration, mediation and similar proceedings; changes in national and regional economic conditions affecting us and/or our customers and the vendors with which we do business, including geopolitical conflicts, recession, volatile interest rates, inflationary pressures, supply chain disruptions, higher fuel costs, and workforce impacts; variations in weather, such as mild seasonal weather variations and severe weather conditions (including events caused, or exacerbated, by climate change, such as wildfires, hurricanes, flooding, droughts, high wind events and extreme heat events) and other natural disasters, which may result in increased storm restoration expenses or material liability and negatively affect future operating results; the potential liabilities and increased costs arising from regulatory actions or outcomes in response to severe weather conditions and other natural disasters; legislative and regulatory developments, and executive orders, including, but not limited to, matters related to rates, generation resource adequacy, co-location of generation and large loads, and compliance and enforcement activity; the ability to access the public securities and other capital and credit markets in accordance with our financial plans, the cost of such capital and overall condition of the capital and credit markets, including the loss of FirstEnergy Corp.'s status as a well-known seasoned issuer; the risks associated with physical attacks, such as acts of war, terrorism, sabotage or other acts of violence, and cyber-attacks and other disruptions to our, or our vendors', information technology systems, which may compromise our operations, and data security breaches of sensitive data, intellectual property and proprietary or personally identifiable information; the ability to accomplish or realize anticipated benefits through establishing a culture of continuous improvement and our other strategic and financial goals, including, but not limited to, executing Energize365, our transmission and distribution investment plan, executing on our rate filing strategy, controlling costs, improving credit metrics, maintaining investment grade ratings, strengthening our balance sheet and growing earnings; changing market conditions affecting the measurement of certain liabilities and the value of assets held in our pension trusts may negatively impact our forecasted growth rate, results of operations and may also cause it to make contributions to its pension sooner or in amounts that are larger than currently anticipated; changes in assumptions regarding factors such as economic conditions within our territories, the reliability of our transmission and distribution system, our generation resource planning in West Virginia, or the availability of capital or other resources supporting identified transmission and distribution investment opportunities; human capital management challenges, including among other things, attracting and retaining appropriately trained and qualified employees and labor disruptions by our unionized workforce; changes to environmental laws and regulations, including, but not limited to, federal and state rules related to climate change, coal combustion residuals, and potential changes to such laws and regulations; changes in customers' demand for power, including, but not limited to, economic conditions, development of data centers, the impact of climate change and emerging technology, particularly with respect to electrification, energy storage, co-location of generation and large loads, and distributed sources of generation; future actions taken by credit rating agencies that could negatively affect either our access to or terms of financing or our financial condition and liquidity; the potential of non-compliance with debt covenants in our credit facilities; the ability to comply with applicable reliability standards and energy efficiency and peak demand reduction mandates; changes to significant accounting policies; any changes in tax laws or regulations, including, but not limited to, the Inflation Reduction Act of 2022, the One Big Beautiful Bill Act of 2025, as signed into law on July 4, 2025, or adverse tax audit results or rulings and potential changes to such laws and regulations; the ability to meet our publicly-disclosed goals relating to climate-related matters, opportunities, improvements, and efficiencies, including FirstEnergy's greenhouse gas reduction goals; and the risks and other factors discussed from time to time in FirstEnergy Corp.'s SEC filings. Dividends declared from time to time on FirstEnergy Corp.'s common stock during any period may in the aggregate vary from prior periods due to circumstances considered by the FirstEnergy Corp. Board at the time of the actual declarations. A security rating is not a recommendation to buy or hold securities and is subject to revision or withdrawal at any time by the assigning rating agency. Each rating should be evaluated independently of any other rating. These forward-looking statements are also qualified by, and should be read together with, the risk factors included in FirstEnergy Corp.'s Form 10-K, Form 10-Q and in other filings with the SEC. The foregoing review of factors also should not be construed as exhaustive. New factors emerge from time to time, and it is not possible for management to predict all such factors, nor assess the impact of any such factor on FirstEnergy Corp.'s business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statements. FirstEnergy Corp. expressly disclaims any obligation to update or revise, except as required by law, any forward-looking statements contained herein or in the information incorporated by reference as a result of new information, future events or otherwise.
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Original text here: https://www.firstenergycorp.com/content/fecorp/newsroom/news_articles/firstenergy-reports-strong-second-quarter-2026-results-reaffirms-earnings-guidance-and-long-term-growth-strategy.html
[Category: BizEnergy]
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FirstEnergy Reports Strong Second Quarter 2026 Results, Reaffirms Earnings Guidance and Long-Term Growth Strategy
Reports second quarter 2026 GAAP and Core Earnings (non-GAAP) of $0.50 per share
Year-to-date GAAP earnings of $1.20 per share and Core Earnings of $1.22 per share
Reaffirms 2026 Core Earnings guidance range of $2.62 to $2.82 per share
Reaffirms Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030
Data center demand (contracted and pipeline) increased 30% ... Show Full Article AKRON, Ohio, July 29 -- FirstEnergy issued the following news release on July 28, 2026: * * * FirstEnergy Reports Strong Second Quarter 2026 Results, Reaffirms Earnings Guidance and Long-Term Growth Strategy Reports second quarter 2026 GAAP and Core Earnings (non-GAAP) of $0.50 per share Year-to-date GAAP earnings of $1.20 per share and Core Earnings of $1.22 per share Reaffirms 2026 Core Earnings guidance range of $2.62 to $2.82 per share Reaffirms Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030 Data center demand (contracted and pipeline) increased 30%since first quarter, with contracted demand at 6.4 GW; West Virginia demand up 137% to 4.3 GW
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FirstEnergy Corp. (NYSE: FE) today reported second quarter 2026 GAAP earnings of $288 million, or $0.50 per basic and diluted share, on revenue of $3.7 billion. This compares to second quarter of 2025 GAAP earnings of $268 million, or $0.46 per basic and diluted share, on revenue of $3.4 billion. GAAP results include the impact of special items listed below.
Core Earnings (non-GAAP) for the second quarter of 2026 were $0.50 per share, in line with plan and compared to $0.52 per share in the second quarter of 2025.
Results reflect continued implementation of FirstEnergy's regulated investment strategy, cost management and improved operations across the company's service territory.
"We delivered another quarter of solid financial performance, demonstrating the strength of our strategy and our disciplined execution," said Brian X. Tierney, FirstEnergy Board Chairman, President and Chief Executive Officer. "Our results reinforce confidence in our ability to achieve our 2026 commitments and continue creating long-term value through targeted investments and constructive regulatory momentum."
The company's performance during the quarter was supported by FirstEnergy employees, who safely responded to significant heat and storms across portions of the organization's footprint, restoring power as quickly as possible and supporting impacted customers and communities throughout the recovery efforts.
FirstEnergy remains on track to achieve earnings growth near the top end of its targeted growth rate through 2030, driven by a robust capital investment plan, increasing customer demand and continued focus on operational and financial execution.
Outlook
FirstEnergy reaffirmed its 2026 Core Earnings guidance range of $2.62 to $2.82 per share, which is supported by the company's capital investment plan of $6 billion in 2026. The company deployed $2.9 billion in capital investments through the first half of 2026.
FirstEnergy's five-year, $36 billion Energize365 capital investment program will modernize the grid, renewing distribution infrastructure and strengthening transmission reliability while supporting long-term earnings growth. The plan represents an increase of nearly 30% compared with the company's previous five-year investment program.
Based on this plan, the company is reaffirming its long-term Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030.
FirstEnergy continues to see expanding opportunities across its service territory driven by increasing customer demand, economic development and the need for new electric infrastructure. The company believes these trends have the potential to meaningfully increase its long-term investment and earnings growth profile.
These opportunities include accelerating demand from data center customers across the company's footprint and growing demand in West Virginia, where FirstEnergy is advancing the proposed Maidsville Energy Center while evaluating additional generation, transmission and distribution investments to support future growth. Together, these opportunities position the company to create long-term value for customers, communities and shareholders.
"Increasing customer demand continues to create significant incremental opportunities across our service territory," said Tierney. "I am pleased with the substantial growth in contracted data center demand since the first quarter and am excited about what we are seeing in West Virginia. As we thoughtfully serve this scaling demand, we're supporting economic development, strengthening our trajectory and creating sustainable value for customers, communities and investors."
Second Quarter Results
Core Earnings in the second quarter of 2026 are in line with the plan and reflect continued execution of FirstEnergy's regulated investment strategy and disciplined financial management, resulting in a consolidated return on equity of 9.5% on a trailing 12-month basis.
In the Distribution segment, second quarter 2026 Core Earnings decreased $0.06 per share compared to the second quarter of 2025, primarily due to higher maintenance expenses, in line with our plan.
In the Integrated segment, Core Earnings were flat compared to the second quarter of 2025. Transmission rate base growth of 22% drove higher transmission earnings which was offset by planned maintenance expenses.
In the Stand-Alone Transmission segment, second quarter 2026 Core Earnings increased $0.04 per share, reflecting capital investments that drove an 11% increase in transmission rate base compared with the second quarter of 2025.
First Half Results
For the first half of 2026, FirstEnergy reported GAAP earnings of $693 million, or $1.20 per basic and diluted share, on revenue of $7.9 billion. This compares to GAAP earnings of $628 million, or $1.09 per basic and diluted share, on revenue of $7.1 billion in the first half of 2025. GAAP results for both periods reflect the impact of special items listed below.
Core Earnings (non-GAAP) for the first half of 2026 were $1.22 per share, compared to $1.19 per share in the first half of 2025.
Core Earnings growth reflected the continued success of the company's regulated investment strategy, partially offset by planned operating expenses.
Table: Consolidated GAAP Earnings Per Share (EPS) to Core (Non-GAAP) EPS Reconciliation
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Non-GAAP Financial Measures
We refer to certain financial measures, including Core Earnings (non-GAAP) per share ("Core EPS"), as "non-GAAP financial measures," which are not calculated in accordance with U.S. Generally Accepted Accounting Principles ("GAAP") and exclude the impact of "special items" from earnings attributable to FirstEnergy Corp., as reflected in the table above. Core EPS is calculated based on the weighted average number of common shares outstanding in the respective period.
Management uses non-GAAP financial measures, including Core EPS, to evaluate the company's and its segments' performance and manage its operations and frequently references such non-GAAP financial measures in its decision-making, using them to facilitate historical and ongoing performance comparisons. Management believes that Core EPS provides consistent and comparable measures of performance of its businesses on an ongoing basis. Management also believes that this measure is useful to shareholders and other interested parties to understand performance trends and evaluate the company against its peer group by presenting period-over-period operating results without the effect of certain special items that may not be consistent or comparable across periods or across the company's peer group. Core EPS and any other non-GAAP financial measures are intended to complement, and are not considered as alternatives to, the most directly comparable GAAP financial measures, which for Core EPS is EPS attributable to FirstEnergy Corp. (GAAP), as reconciled in the above table. Also, such non-GAAP financial measures may not be comparable to similarly titled measures used by other entities.
Special items represent charges incurred or benefits realized that management believes are not indicative of or may obscure trends useful in evaluating the company's ongoing core activities and results of operations or otherwise warrant separate classification. More detail on special items for the period can be found in the Company's Strategic and Financial Highlights, available at the company's Investor Information website - www.firstenergycorp.com/ir.
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Forward-Looking Non-GAAP Measures
A quantitative reconciliation of forward-looking non-GAAP measures, including 2026 Core EPS and Core EPS Compound Annual Growth Rate ("CAGR") projections, to the most directly comparable GAAP measures is not provided because comparable GAAP measures for such measures are not available without unreasonable efforts due to the inherent difficulty in forecasting and quantifying measures that would be necessary for such reconciliation. Specifically, management cannot, without unreasonable effort, predict the impact of these special items in the context of Core EPS guidance and Core EPS CAGR projections because these items, which could be significant, are difficult to predict and may be highly variable. In addition, the company believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors. Forward-looking statements, including these special items, are based upon current expectations and are subject to factors that could cause actual results to differ materially from those suggested here, including those factors set forth under "Forward-Looking Statements," below.
Investor Materials and Teleconference
FirstEnergy's Strategic and Financial Highlights presentation is posted on the company's Investor Information website - www.firstenergycorp.com/ir. It can be accessed through the Second Quarter 2026 Financial Results link. Important information may be disseminated initially or exclusively via the company's Investor Information website; investors should consult the site to access this information.
The company invites investors, customers and other interested parties to listen to a live webcast of its teleconference for financial analysts and view presentation slides at 9:00 a.m. EDT tomorrow, July 29, 2026. FirstEnergy management will present an overview of the company's financial results followed by a question-and-answer session. The teleconference and presentation can be accessed on the Investor Information website by selecting the Second Quarter 2026 Earnings Webcast link. The webcast and presentation will be archived on the website.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. FirstEnergy's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on X @FirstEnergyCorp.
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Forward Looking Statements: This news release includes forward-looking statements based on information currently available to management unless the context requires otherwise, references to "we," "us," "our" and "FirstEnergy" refers to FirstEnergy Corp. and its subsidiaries. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements include declarations regarding management's intents, beliefs and current expectations. These statements typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "intend," "believe," "project," "estimate," "plan" and similar words. Forward-looking statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, which may include the following: the potential liabilities, increased costs and unanticipated developments resulting from government investigations and agreements, including those associated with compliance with or failure to comply with the Deferred Prosecution Agreement entered into July 21, 2021 and settlements with the U.S. Attorney's Office for the Southern District of Ohio and the Securities and Exchange Commission ("SEC"); the risks and uncertainties associated with litigation, including the securities class action lawsuit, regulatory proceedings, arbitration, mediation and similar proceedings; changes in national and regional economic conditions affecting us and/or our customers and the vendors with which we do business, including geopolitical conflicts, recession, volatile interest rates, inflationary pressures, supply chain disruptions, higher fuel costs, and workforce impacts; variations in weather, such as mild seasonal weather variations and severe weather conditions (including events caused, or exacerbated, by climate change, such as wildfires, hurricanes, flooding, droughts, high wind events and extreme heat events) and other natural disasters, which may result in increased storm restoration expenses or material liability and negatively affect future operating results; the potential liabilities and increased costs arising from regulatory actions or outcomes in response to severe weather conditions and other natural disasters; legislative and regulatory developments, and executive orders, including, but not limited to, matters related to rates, generation resource adequacy, co-location of generation and large loads, and compliance and enforcement activity; the ability to access the public securities and other capital and credit markets in accordance with our financial plans, the cost of such capital and overall condition of the capital and credit markets, including the loss of FirstEnergy Corp.'s status as a well-known seasoned issuer; the risks associated with physical attacks, such as acts of war, terrorism, sabotage or other acts of violence, and cyber-attacks and other disruptions to our, or our vendors', information technology systems, which may compromise our operations, and data security breaches of sensitive data, intellectual property and proprietary or personally identifiable information; the ability to accomplish or realize anticipated benefits through establishing a culture of continuous improvement and our other strategic and financial goals, including, but not limited to, executing Energize365, our transmission and distribution investment plan, executing on our rate filing strategy, controlling costs, improving credit metrics, maintaining investment grade ratings, strengthening our balance sheet and growing earnings; changing market conditions affecting the measurement of certain liabilities and the value of assets held in our pension trusts may negatively impact our forecasted growth rate, results of operations and may also cause it to make contributions to its pension sooner or in amounts that are larger than currently anticipated; changes in assumptions regarding factors such as economic conditions within our territories, the reliability of our transmission and distribution system, our generation resource planning in West Virginia, or the availability of capital or other resources supporting identified transmission and distribution investment opportunities; human capital management challenges, including among other things, attracting and retaining appropriately trained and qualified employees and labor disruptions by our unionized workforce; changes to environmental laws and regulations, including, but not limited to, federal and state rules related to climate change, coal combustion residuals, and potential changes to such laws and regulations; changes in customers' demand for power, including, but not limited to, economic conditions, development of data centers, the impact of climate change and emerging technology, particularly with respect to electrification, energy storage, co-location of generation and large loads, and distributed sources of generation; future actions taken by credit rating agencies that could negatively affect either our access to or terms of financing or our financial condition and liquidity; the potential of non-compliance with debt covenants in our credit facilities; the ability to comply with applicable reliability standards and energy efficiency and peak demand reduction mandates; changes to significant accounting policies; any changes in tax laws or regulations, including, but not limited to, the Inflation Reduction Act of 2022, the One Big Beautiful Bill Act of 2025, as signed into law on July 4, 2025, or adverse tax audit results or rulings and potential changes to such laws and regulations; the ability to meet our publicly-disclosed goals relating to climate-related matters, opportunities, improvements, and efficiencies, including FirstEnergy's greenhouse gas reduction goals; and the risks and other factors discussed from time to time in FirstEnergy Corp.'s SEC filings. Dividends declared from time to time on FirstEnergy Corp.'s common stock during any period may in the aggregate vary from prior periods due to circumstances considered by the FirstEnergy Corp. Board at the time of the actual declarations. A security rating is not a recommendation to buy or hold securities and is subject to revision or withdrawal at any time by the assigning rating agency. Each rating should be evaluated independently of any other rating. These forward-looking statements are also qualified by, and should be read together with, the risk factors included in FirstEnergy Corp.'s Form 10-K, Form 10-Q and in other filings with the SEC. The foregoing review of factors also should not be construed as exhaustive. New factors emerge from time to time, and it is not possible for management to predict all such factors, nor assess the impact of any such factor on FirstEnergy Corp.'s business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statements. FirstEnergy Corp. expressly disclaims any obligation to update or revise, except as required by law, any forward-looking statements contained herein or in the information incorporated by reference as a result of new information, future events or otherwise.
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Original text here: https://www.firstenergycorp.com/content/fecorp/newsroom/news_articles/firstenergy-reports-strong-second-quarter-2026-results-reaffirms-earnings-guidance-and-long-term-growth-strategy.html
[Category: BizEnergy]
Cotality: Surprise Uptick in May U.S. Home Price Appreciation
IRVINE, California, July 29 (TNSxrep) -- Cotality (formerly CoreLogic) issued the following news release:
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Surprise uptick in May US home price appreciation
The S&P Cotality Case-Shiller Home Price Index, formerly known as the S&P CoreLogic Case-Shiller Home Price Index, is a leading measure of U.S. residential real estate prices.
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U.S. home prices reversed course in May after months of deceleration. The national index saw its annual gain increase to 1.1%, with the 10-City and 20-City Composite indices posting stronger year-over-year increases of 2.4% and 1.6%, respectively.
Chart: ... Show Full Article IRVINE, California, July 29 (TNSxrep) -- Cotality (formerly CoreLogic) issued the following news release: * * * Surprise uptick in May US home price appreciation The S&P Cotality Case-Shiller Home Price Index, formerly known as the S&P CoreLogic Case-Shiller Home Price Index, is a leading measure of U.S. residential real estate prices. - U.S. home prices reversed course in May after months of deceleration. The national index saw its annual gain increase to 1.1%, with the 10-City and 20-City Composite indices posting stronger year-over-year increases of 2.4% and 1.6%, respectively. Chart:Tracking year-over-year home price growth
Chart: Month-over-month price appreciation
"The May data reveals a market with potential for a seasonal rebound," said Thomas Malone, principal economist at Cotality."While May's month-over-month increase of 0.6% is below the pre-pandemic norm, the uptick in the annual appreciation rate suggests that while affordability issues are keeping demand weak, low inventory levels are creating a floor for prices on the supply side. However, the market's trajectory is not uniform; we're seeing clear divergences between resilient metros and those still experiencing price corrections."
Home price highlights:
* Annual appreciation sees an uptick: For the first time in 2026, the annual rate of home price appreciation was above 1%, rising to 1.1% nationally. The 10-City and 20-City composites also outpaced the national trend, with annual gains of 2.4% and 1.6%, respectively.
* Monthly growth remains below seasonal averages: Nationally, home prices grew by 0.6% on a month-over-month basis. While positive, this is still below the historical average of 1.0% for the month of May, indicating that current appreciation is not as strong as in the pre-pandemic years of 2015-2019.
* Annual growth accelerates in a majority of metros: Thirteen of the 20 major metro areas saw their rates of annual price growth accelerate compared to April. Chicago once again posted the highest year-over-year gain at 6.9%, while Las Vegas recorded the weakest performance with a 1.9% decline.
* Monthly changes show regional divides: While most cities saw monthly price gains, they were generally below their historical May averages. Boston posted the strongest month-over-month increase at 1.8%, significantly outperforming its historical trend. In contrast, San Diego saw a sharp 1.0% monthly drop, indicating continued weakness in the South and West.
* High-tier properties lead monthly gains: An analysis of price tiers shows that the high-end of the market led monthly appreciation with an average gain of 1.0%. The medium-tier and low-tier segments followed with more modest gains of 0.6% and 0.5%, respectively.
Chart: Big cities show mixed results in annual home price growth
Chart: Midwestern metros see resilience in monthly price gains
Signs point to a resilient market regaining its footing after a prolonged period of cooling. While the market has not returned to the frenetic pace of previous years, low inventory is preventing a more significant price correction in the face of low demand. The outlook is one of cautious optimism, with the market shifting toward a more sustainable, albeit regionally diverse, pattern of growth.
Chart: High-end homes show resilient month-over-month appreciation
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About Cotality
Cotality accelerates data, insights, and workflows across the property ecosystem to enable industry professionals to surpass their ambitions and impact society. With billions of data signals across the life cycle of a property, we unearth hidden risks and transformative opportunities for agents, lenders, carriers, and innovators. Get to know us at cotality.com.
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Original text here: https://www.cotality.com/press-releases/case-shiller-july-2026
[Category: BizReal Estate]
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Surprise uptick in May US home price appreciation
The S&P Cotality Case-Shiller Home Price Index, formerly known as the S&P CoreLogic Case-Shiller Home Price Index, is a leading measure of U.S. residential real estate prices.
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U.S. home prices reversed course in May after months of deceleration. The national index saw its annual gain increase to 1.1%, with the 10-City and 20-City Composite indices posting stronger year-over-year increases of 2.4% and 1.6%, respectively.
Chart: ... Show Full Article IRVINE, California, July 29 (TNSxrep) -- Cotality (formerly CoreLogic) issued the following news release: * * * Surprise uptick in May US home price appreciation The S&P Cotality Case-Shiller Home Price Index, formerly known as the S&P CoreLogic Case-Shiller Home Price Index, is a leading measure of U.S. residential real estate prices. - U.S. home prices reversed course in May after months of deceleration. The national index saw its annual gain increase to 1.1%, with the 10-City and 20-City Composite indices posting stronger year-over-year increases of 2.4% and 1.6%, respectively. Chart:Tracking year-over-year home price growth
Chart: Month-over-month price appreciation
"The May data reveals a market with potential for a seasonal rebound," said Thomas Malone, principal economist at Cotality."While May's month-over-month increase of 0.6% is below the pre-pandemic norm, the uptick in the annual appreciation rate suggests that while affordability issues are keeping demand weak, low inventory levels are creating a floor for prices on the supply side. However, the market's trajectory is not uniform; we're seeing clear divergences between resilient metros and those still experiencing price corrections."
Home price highlights:
* Annual appreciation sees an uptick: For the first time in 2026, the annual rate of home price appreciation was above 1%, rising to 1.1% nationally. The 10-City and 20-City composites also outpaced the national trend, with annual gains of 2.4% and 1.6%, respectively.
* Monthly growth remains below seasonal averages: Nationally, home prices grew by 0.6% on a month-over-month basis. While positive, this is still below the historical average of 1.0% for the month of May, indicating that current appreciation is not as strong as in the pre-pandemic years of 2015-2019.
* Annual growth accelerates in a majority of metros: Thirteen of the 20 major metro areas saw their rates of annual price growth accelerate compared to April. Chicago once again posted the highest year-over-year gain at 6.9%, while Las Vegas recorded the weakest performance with a 1.9% decline.
* Monthly changes show regional divides: While most cities saw monthly price gains, they were generally below their historical May averages. Boston posted the strongest month-over-month increase at 1.8%, significantly outperforming its historical trend. In contrast, San Diego saw a sharp 1.0% monthly drop, indicating continued weakness in the South and West.
* High-tier properties lead monthly gains: An analysis of price tiers shows that the high-end of the market led monthly appreciation with an average gain of 1.0%. The medium-tier and low-tier segments followed with more modest gains of 0.6% and 0.5%, respectively.
Chart: Big cities show mixed results in annual home price growth
Chart: Midwestern metros see resilience in monthly price gains
Signs point to a resilient market regaining its footing after a prolonged period of cooling. While the market has not returned to the frenetic pace of previous years, low inventory is preventing a more significant price correction in the face of low demand. The outlook is one of cautious optimism, with the market shifting toward a more sustainable, albeit regionally diverse, pattern of growth.
Chart: High-end homes show resilient month-over-month appreciation
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About Cotality
Cotality accelerates data, insights, and workflows across the property ecosystem to enable industry professionals to surpass their ambitions and impact society. With billions of data signals across the life cycle of a property, we unearth hidden risks and transformative opportunities for agents, lenders, carriers, and innovators. Get to know us at cotality.com.
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Original text here: https://www.cotality.com/press-releases/case-shiller-july-2026
[Category: BizReal Estate]
American Industrial Partners Completes Acquisition of Avanos Medical for $1.2 Billion
BOSTON, Massachusetts, July 29 -- Ropes and Gray, a law firm, issued the following news:
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American Industrial Partners Completes Acquisition of Avanos Medical for $1.2 Billion
Ropes & Gray represented American Industrial Partners in connection with obtaining financing for its completed acquisition of Avanos Medical, Inc., a leading medical technology company, for approximately $1.272 billion. The transaction was announced on April 14 and completed on July 27.
Under the terms of the merger agreement, Avanos stockholders will receive $25 per share in cash for each share of common stock they ... Show Full Article BOSTON, Massachusetts, July 29 -- Ropes and Gray, a law firm, issued the following news: * * * American Industrial Partners Completes Acquisition of Avanos Medical for $1.2 Billion Ropes & Gray represented American Industrial Partners in connection with obtaining financing for its completed acquisition of Avanos Medical, Inc., a leading medical technology company, for approximately $1.272 billion. The transaction was announced on April 14 and completed on July 27. Under the terms of the merger agreement, Avanos stockholders will receive $25 per share in cash for each share of common stock theyown.
With the completion of the transaction, Avanos common stock will cease trading on the New York Stock Exchange and Avanos will become a private company.
American Industrial Partners is an operationally oriented industrials investor with approximately $17.8 billion in assets under management.
The team included finance partners Dan Coyne, Jeff Lang, and Stefanie Birkmann.
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URL: American Industrial Partners
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Original text here: https://www.ropesgray.com/en/news-and-events/news/2026/07/american-industrial-partners-completes-acquisition-of-avanos-medical
[Category: BizLaw/Legal]
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American Industrial Partners Completes Acquisition of Avanos Medical for $1.2 Billion
Ropes & Gray represented American Industrial Partners in connection with obtaining financing for its completed acquisition of Avanos Medical, Inc., a leading medical technology company, for approximately $1.272 billion. The transaction was announced on April 14 and completed on July 27.
Under the terms of the merger agreement, Avanos stockholders will receive $25 per share in cash for each share of common stock they ... Show Full Article BOSTON, Massachusetts, July 29 -- Ropes and Gray, a law firm, issued the following news: * * * American Industrial Partners Completes Acquisition of Avanos Medical for $1.2 Billion Ropes & Gray represented American Industrial Partners in connection with obtaining financing for its completed acquisition of Avanos Medical, Inc., a leading medical technology company, for approximately $1.272 billion. The transaction was announced on April 14 and completed on July 27. Under the terms of the merger agreement, Avanos stockholders will receive $25 per share in cash for each share of common stock theyown.
With the completion of the transaction, Avanos common stock will cease trading on the New York Stock Exchange and Avanos will become a private company.
American Industrial Partners is an operationally oriented industrials investor with approximately $17.8 billion in assets under management.
The team included finance partners Dan Coyne, Jeff Lang, and Stefanie Birkmann.
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URL: American Industrial Partners
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Original text here: https://www.ropesgray.com/en/news-and-events/news/2026/07/american-industrial-partners-completes-acquisition-of-avanos-medical
[Category: BizLaw/Legal]
4 Things to Know About Ford's 2nd-Quarter Results
DEARBORN, Michigan, July 29 -- Ford Motor issued the following statement on July 28, 2026:
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4 Things to Know About Ford's Second-Quarter Results
Earlier today, we published Ford's second-quarter 2026 financial results. As I reflect on our performance, what stands out to me most is the momentum and discipline across our global team.
The big picture story this quarter is simple: Our Ford+ plan is delivering, our industrial execution continues to strengthen, and our core underlying business is more resilient.
For the quarter, Ford generated $48.3 billion in revenue and $2.5 billion in adjusted ... Show Full Article DEARBORN, Michigan, July 29 -- Ford Motor issued the following statement on July 28, 2026: * * * 4 Things to Know About Ford's Second-Quarter Results Earlier today, we published Ford's second-quarter 2026 financial results. As I reflect on our performance, what stands out to me most is the momentum and discipline across our global team. The big picture story this quarter is simple: Our Ford+ plan is delivering, our industrial execution continues to strengthen, and our core underlying business is more resilient. For the quarter, Ford generated $48.3 billion in revenue and $2.5 billion in adjustedEBIT -- a 17% increase year-over-year. We also generated $2.1 billion in adjusted free cash flow, bringing our total liquidity to over $43 billion.
Because of this operating strength, we raised our full-year adjusted EBIT outlook by $1 billion at the midpoint, now expecting between $10 billion and $11 billion for 2026.
Table: If you're following the news today, here are the four key takeaways you need to know about our progress and where we're headed next
1. We delivered strong results -- and our net loss reflects a planned future investment.
Because of our strong operational results in the first half of the year, we increased our full-year profit outlook by $1 billion.
You will also see headlines noting that we reported a GAAP net loss of $1.3 billion for Q2. It's important to understand the context behind that number: most of it was driven by a scheduled, one-time $3.6 billion special item charge resulting from the disposition of our BlueOval SK (BOSK) joint venture in May and charges tied to the EV program cancellations we announced in December 2025..
This was a deliberate step. Crucially, over $3 billion of this charge is non-cash. By restructuring this joint venture, we cleared the runway to repurpose those manufacturing assets for Ford Energy -- our high-growth battery energy storage business.
This charge was fully expected, previously disclosed, and does not reflect the day-to-day health of our core business, which is healthy, growing, and fundamentally improving.
2. Quality and cost discipline are transforming our core automotive business.
A stronger automotive core begins with getting the fundamentals right: quality, cost, and capitalizing on the iconic vehicles our customers love.
* No. 1 in Quality: Ford was ranked the No. 1 mainstream brand in the J.D. Power 2026 Initial Quality Study -- a historic milestone that reflects our company-wide obsession with getting quality right at launch. This progress is central to our drive to take $1 billion in warranty and material costs out of our business this year.
* Ford Blue: Delivered $1.1 billion in EBIT -- up 72% year-over-year -- powered by strong pricing and product mix. F-Series expanded its lead as America's top-selling truck, the Bronco family achieved record Q2 sales, and Maverick Hybrid set a record as the best-selling hybrid pickup in the U.S.
* Ford Pro: Generated $1.7 billion in profit, demonstrating the resilience of our commercial business despite temporary aluminum supply chain disruptions. Customer demand remains high, with 2027 model year contracting running a full month ahead of last year's pace.
* Model e: Marked its third consecutive quarter of year-over-year profit improvement, narrowing its EBIT loss as Gen-1 structural costs continue to come down toward our target of a 40% full-year profitability improvement in our Gen-1 portfolio.
3. Software and physical services are creating a high-margin recurring flywheel.
Ford+ isn't just about selling a vehicle once; it's about building a lifelong relationship with the customer through digital and physical ecosystem services.
In Q2, total paid customer subscriptions grew 50% year-over-year to 1.6 million, including over 900,000 Ford Pro Intelligence subscriptions. These are paid, active software subscriptions -- not free bundled trials -- proving that retail and commercial customers see genuine, day-to-day value in our software solutions.
As this high-margin recurring layer scales, it creates a powerful margin flywheel across all three of our vehicle segments.
4. We are investing in high margin adjacent businesses such as Ford Energy.
We are deploying capital into high-return adjacencies where Ford holds a clear competitive advantage.
Following a milestone commercial agreement with EDF Power Solutions, Ford Energy is on track to achieve 20 gigawatt-hours of annual battery energy storage capacity by late 2027. This transforms our manufacturing footprints into active energy assets and opens up a lucrative, high-margin market in grid energy infrastructure.
Looking Ahead
Our results in the second quarter prove that when we execute with discipline, Ford wins. We possess a strong balance sheet, $22.3 billion in cash, and a clear capital allocation framework that allows us to fund high-return growth while returning value to shareholders -- including a 15-cent regular dividend announced today.
We have plenty of work ahead, but our strategy is clear, our team is aligned, and we are moving steadily toward our target of an 8% EBIT margin by 2029.
Sherry House is Chief Financial Officer at Ford Motor Company.
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Original text here: https://www.fromtheroad.ford.com/us/en/articles/2026/ford-reports-second-quarter-2026-financial-results
[Category: BizTransportation]
* * *
4 Things to Know About Ford's Second-Quarter Results
Earlier today, we published Ford's second-quarter 2026 financial results. As I reflect on our performance, what stands out to me most is the momentum and discipline across our global team.
The big picture story this quarter is simple: Our Ford+ plan is delivering, our industrial execution continues to strengthen, and our core underlying business is more resilient.
For the quarter, Ford generated $48.3 billion in revenue and $2.5 billion in adjusted ... Show Full Article DEARBORN, Michigan, July 29 -- Ford Motor issued the following statement on July 28, 2026: * * * 4 Things to Know About Ford's Second-Quarter Results Earlier today, we published Ford's second-quarter 2026 financial results. As I reflect on our performance, what stands out to me most is the momentum and discipline across our global team. The big picture story this quarter is simple: Our Ford+ plan is delivering, our industrial execution continues to strengthen, and our core underlying business is more resilient. For the quarter, Ford generated $48.3 billion in revenue and $2.5 billion in adjustedEBIT -- a 17% increase year-over-year. We also generated $2.1 billion in adjusted free cash flow, bringing our total liquidity to over $43 billion.
Because of this operating strength, we raised our full-year adjusted EBIT outlook by $1 billion at the midpoint, now expecting between $10 billion and $11 billion for 2026.
Table: If you're following the news today, here are the four key takeaways you need to know about our progress and where we're headed next
1. We delivered strong results -- and our net loss reflects a planned future investment.
Because of our strong operational results in the first half of the year, we increased our full-year profit outlook by $1 billion.
You will also see headlines noting that we reported a GAAP net loss of $1.3 billion for Q2. It's important to understand the context behind that number: most of it was driven by a scheduled, one-time $3.6 billion special item charge resulting from the disposition of our BlueOval SK (BOSK) joint venture in May and charges tied to the EV program cancellations we announced in December 2025..
This was a deliberate step. Crucially, over $3 billion of this charge is non-cash. By restructuring this joint venture, we cleared the runway to repurpose those manufacturing assets for Ford Energy -- our high-growth battery energy storage business.
This charge was fully expected, previously disclosed, and does not reflect the day-to-day health of our core business, which is healthy, growing, and fundamentally improving.
2. Quality and cost discipline are transforming our core automotive business.
A stronger automotive core begins with getting the fundamentals right: quality, cost, and capitalizing on the iconic vehicles our customers love.
* No. 1 in Quality: Ford was ranked the No. 1 mainstream brand in the J.D. Power 2026 Initial Quality Study -- a historic milestone that reflects our company-wide obsession with getting quality right at launch. This progress is central to our drive to take $1 billion in warranty and material costs out of our business this year.
* Ford Blue: Delivered $1.1 billion in EBIT -- up 72% year-over-year -- powered by strong pricing and product mix. F-Series expanded its lead as America's top-selling truck, the Bronco family achieved record Q2 sales, and Maverick Hybrid set a record as the best-selling hybrid pickup in the U.S.
* Ford Pro: Generated $1.7 billion in profit, demonstrating the resilience of our commercial business despite temporary aluminum supply chain disruptions. Customer demand remains high, with 2027 model year contracting running a full month ahead of last year's pace.
* Model e: Marked its third consecutive quarter of year-over-year profit improvement, narrowing its EBIT loss as Gen-1 structural costs continue to come down toward our target of a 40% full-year profitability improvement in our Gen-1 portfolio.
3. Software and physical services are creating a high-margin recurring flywheel.
Ford+ isn't just about selling a vehicle once; it's about building a lifelong relationship with the customer through digital and physical ecosystem services.
In Q2, total paid customer subscriptions grew 50% year-over-year to 1.6 million, including over 900,000 Ford Pro Intelligence subscriptions. These are paid, active software subscriptions -- not free bundled trials -- proving that retail and commercial customers see genuine, day-to-day value in our software solutions.
As this high-margin recurring layer scales, it creates a powerful margin flywheel across all three of our vehicle segments.
4. We are investing in high margin adjacent businesses such as Ford Energy.
We are deploying capital into high-return adjacencies where Ford holds a clear competitive advantage.
Following a milestone commercial agreement with EDF Power Solutions, Ford Energy is on track to achieve 20 gigawatt-hours of annual battery energy storage capacity by late 2027. This transforms our manufacturing footprints into active energy assets and opens up a lucrative, high-margin market in grid energy infrastructure.
Looking Ahead
Our results in the second quarter prove that when we execute with discipline, Ford wins. We possess a strong balance sheet, $22.3 billion in cash, and a clear capital allocation framework that allows us to fund high-return growth while returning value to shareholders -- including a 15-cent regular dividend announced today.
We have plenty of work ahead, but our strategy is clear, our team is aligned, and we are moving steadily toward our target of an 8% EBIT margin by 2029.
Sherry House is Chief Financial Officer at Ford Motor Company.
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Original text here: https://www.fromtheroad.ford.com/us/en/articles/2026/ford-reports-second-quarter-2026-financial-results
[Category: BizTransportation]