Filing Flows › Northwest Natural Holding (NWN) › Q2 2026 › vs Q2 2025
Northwest Natural Holding (NWN) Q2 2026 vs Q2 2025 (year over year)
Northwest Natural Holding's revenue rose $7.4M (+3%) from $236M in Q2 2025 to $244M in Q2 2026. Operating margin 13.6% against 11.5% (+2.1 pts).
Northwest Natural Holding, Q2 2026: revenue $244M (+3% year over year), operating margin 13.6%, net earnings $600K, operating cash flow $110M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.6% | 11.5% | +2.1 pts |
| Net margin | 0.2% | -1.1% | +1.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $244M | $236M | $7.4M | +3% |
| Operating profit | $33.2M | $27.2M | $5.9M | +22% |
| Costs & expenses | $210M | $209M | $1.4M | +0.7% |
| Pre-tax earnings | $1.2M | −$3.4M | $4.7M | — |
| Other expense, net | $31.9M | $30.7M | $1.3M | +4% |
| Net earnings | $600K | −$2.5M | $3.1M | — |
| Income tax | $610K | −$940K | $1.6M | — |
| Depreciation | $44.2M | $41.5M | $2.7M | +6% |
| Working capital & other | $64.9M | $63.1M | $1.8M | +3% |
| Operating cash flow | $110M | $102M | $7.6M | +7% |
| Capital expenditures | $121M | $120M | $814K | +0.7% |
| Negative free cash flow (OCF − capex) | $11.6M | $18.3M | −$6.7M | -37% |
Questions
How much did Northwest Natural Holding's revenue grow year over year in Q2 2026?
Northwest Natural Holding's revenue rose $7.4M (+3%) from $236M in Q2 2025 to $244M in Q2 2026. Operating margin 13.6% against 11.5% (+2.1 pts).