Filing Flows › NorthWestern Energy Group (NWE) › Q3 2026 › vs Q2 2026
NorthWestern Energy Group (NWE) Q3 2026 vs Q2 2026 (quarter over quarter)
NorthWestern Energy Group's revenue rose $31.2M (+8%) from $393M in Q2 2026 to $424M in Q3 2026. Operating margin 17.6% against 16.4% (+1.2 pts).
NorthWestern Energy Group, Q3 2026: revenue $424M (+10% year over year), operating margin 17.6%, net earnings $30.7M, operating cash flow $131M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 17.6% | 16.4% | +1.2 pts |
| Net margin | 7.3% | 6.4% | +0.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $424M | $393M | $31.2M | +8% |
| Operating profit | $74.6M | $64.2M | $10.4M | +16% |
| Costs & expenses | $349M | $328M | $20.8M | +6% |
| Pre-tax earnings | $35.4M | $28.5M | $7.0M | +24% |
| Other expense, net | $39.2M | $35.8M | $3.4M | +10% |
| General & admin | $39.5M | $42.4M | −$2.8M | -7% |
| Other operating costs | $310M | $286M | $23.6M | +8% |
| Net earnings | $30.7M | $25.0M | $5.7M | +23% |
| Income tax | $4.7M | $3.5M | $1.2M | +35% |
| Depreciation & amortization | $67.0M | $67.0M | $71K | +0.1% |
| Share-based compensation | $2.0M | $2.0M | −$9K | -0.4% |
| Working capital & other | $31.1M | −$20.2M | $51.3M | — |
| Operating cash flow | $131M | $73.8M | $57.1M | +77% |
| Capital expenditures | $159M | $189M | −$29.4M | -16% |
| Negative free cash flow (OCF − capex) | $28.4M | $115M | −$86.5M | -75% |
Questions
How much did NorthWestern Energy Group's revenue grow quarter over quarter in Q3 2026?
NorthWestern Energy Group's revenue rose $31.2M (+8%) from $393M in Q2 2026 to $424M in Q3 2026. Operating margin 17.6% against 16.4% (+1.2 pts).