Filing Flows › NorthWestern Energy Group (NWE) › How it makes money
How NorthWestern Energy Group (NWE) makes money
NorthWestern Energy Group (NWE) made $424M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 18¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $424M | 100.0% |
| Operating profit | $74.6M | 17.6% |
| Income tax | $4.7M | 1.1% |
| Net earnings | $30.7M | 7.3% |
| Operating cash flow | $131M | 30.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $424M | +10% |
| Q2 2026 | $393M | +15% |
| Q1 2026 | $498M | +7% |
| Q4 2025 | $414M | +11% |
| Q3 2025 | $387M | +12% |
| Q2 2025 | $343M | +7% |
| Q1 2025 | $467M | -2% |
From NorthWestern Energy Group's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does NorthWestern Energy Group make money?
NorthWestern Energy Group (NWE) made $424M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 18¢ was left as operating profit, 7¢ was left as net earnings.
What is NorthWestern Energy Group's profit margin?
Net earnings were $30.7M, 7.3% of revenue, in the third quarter 2026; the operating margin was 17.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.