Filing Flows › NorthWestern Energy Group (NWE) › Q2 2026 › vs Q2 2025
NorthWestern Energy Group (NWE) Q2 2026 vs Q2 2025 (year over year)
NorthWestern Energy Group's revenue rose $49.9M (+15%) from $343M in Q2 2025 to $393M in Q2 2026. Operating margin 16.4% against 17.7% (-1.4 pts).
NorthWestern Energy Group, Q2 2026: revenue $393M (+15% year over year), operating margin 16.4%, net earnings $25.0M, operating cash flow $73.8M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 16.4% | 17.7% | -1.4 pts |
| Net margin | 6.4% | 6.2% | +0.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $393M | $343M | $49.9M | +15% |
| Operating profit | $64.2M | $60.8M | $3.5M | +6% |
| Costs & expenses | $328M | $282M | $46.4M | +16% |
| Pre-tax earnings | $28.5M | $24.6M | $3.9M | +16% |
| Other expense, net | $35.8M | $36.2M | −$390K | -1% |
| General & admin | $42.4M | $33.8M | $8.6M | +25% |
| Other operating costs | $286M | $248M | $37.8M | +15% |
| Net earnings | $25.0M | $21.2M | $3.8M | +18% |
| Income tax | $3.5M | $3.4M | $84K | +2% |
| Depreciation & amortization | $67.0M | $62.4M | $4.6M | +7% |
| Share-based compensation | $2.0M | $1.9M | $159K | +8% |
| Working capital & other | $20.2M | $27.3M | −$7.1M | -26% |
| Operating cash flow | $73.8M | $58.2M | $15.6M | +27% |
| Capital expenditures | $189M | $129M | $59.8M | +46% |
| Negative free cash flow (OCF − capex) | $115M | $70.6M | $44.2M | +63% |
Questions
How much did NorthWestern Energy Group's revenue grow year over year in Q2 2026?
NorthWestern Energy Group's revenue rose $49.9M (+15%) from $343M in Q2 2025 to $393M in Q2 2026. Operating margin 16.4% against 17.7% (-1.4 pts).