Filing Flows › NorthWestern Energy Group (NWE) › Q1 2025
NorthWestern Energy Group (NWE) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
NorthWestern Energy Group (NWE) reported revenue of $467M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +25% from the quarter before. Operating margin was 26.7%, net earnings $76.9M (16.5% of revenue).
NorthWestern Energy Group, Q1 2025: revenue $467M (-2% year over year), operating margin 26.7%, net earnings $76.9M, operating cash flow $153M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $467M | +25% | -2% |
| Operating profit | $125M | +36% | +22% |
| Net earnings | $76.9M | -4% | +18% |
| Operating cash flow | $153M | +144% | -5% |
| Free cash flow | $61.3M | — | +16% |
What changed
Revenue was $466.6M in Q1 2025, down 2% year over year and up 25% from the previous quarter.
Operating profit was $124.7M, a 26.7% margin (up 5.3 points year over year). Total costs fell 8% while revenue fell 2%. Net earnings were $76.9M, up 18% year over year. The effective tax rate was 16.5%.
Operating cash flow was $153.4M (down 5% year over year), 199% of net earnings. Non-cash charges added back $62.4M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $11.8M. Capital expenditures of $92.1M left free cash flow of $61.3M.
Questions
What was NorthWestern Energy Group's revenue in the first quarter 2025?
NorthWestern Energy Group (NWE) reported revenue of $467M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +25% from the quarter before.
Was NorthWestern Energy Group profitable in the first quarter 2025?
Operating profit was $125M (26.7% of revenue) and net earnings $76.9M.