Filing Flows › NorthWestern Energy Group (NWE) › Q3 2026 › vs Q3 2025
NorthWestern Energy Group (NWE) Q3 2026 vs Q3 2025 (year over year)
NorthWestern Energy Group's revenue rose $36.8M (+10%) from $387M in Q3 2025 to $424M in Q3 2026. Operating margin 17.6% against 20.7% (-3.1 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 17.6% | 20.7% | -3.1 pts |
| Net margin | 7.3% | 9.9% | -2.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $424M | $387M | $36.8M | +10% |
| Operating profit | $74.6M | $80.3M | −$5.7M | -7% |
| Costs & expenses | $349M | $307M | $42.5M | +14% |
| Pre-tax earnings | $35.4M | $47.0M | −$11.6M | -25% |
| Other expense, net | $39.2M | $33.3M | $5.9M | +18% |
| General & admin | $39.5M | $46.7M | −$7.2M | -15% |
| Other operating costs | $310M | $260M | $49.7M | +19% |
| Net earnings | $30.7M | $38.2M | −$7.5M | -20% |
| Income tax | $4.7M | $8.8M | −$4.1M | -47% |
| Depreciation & amortization | $67.0M | $62.8M | $4.2M | +7% |
| Share-based compensation | $2.0M | $1.9M | $150K | +8% |
| Working capital & other | $31.1M | $23.7M | $7.4M | +31% |
| Operating cash flow | $131M | $127M | $4.2M | +3% |
| Capital expenditures | $159M | $154M | $5.7M | +4% |
| Negative free cash flow (OCF − capex) | $28.4M | $26.9M | $1.5M | +6% |
Questions
How much did NorthWestern Energy Group's revenue grow year over year in Q3 2026?
NorthWestern Energy Group's revenue rose $36.8M (+10%) from $387M in Q3 2025 to $424M in Q3 2026. Operating margin 17.6% against 20.7% (-3.1 pts).