Filing Flows › WEC Energy Group (WEC) › Q2 2025
WEC Energy Group (WEC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
WEC Energy Group (WEC) reported revenue of $2.0B for the second quarter 2025 (Q2 2025), +13% from a year earlier and -36% from the quarter before. Operating margin was 20.1%, net earnings $245M (12.2% of revenue).
WEC Energy Group, Q2 2025: revenue $2.0B (+13% year over year), operating margin 20.1%, net earnings $245M, operating cash flow $853M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | -36% | +13% |
| Operating profit | $405M | -57% | +11% |
| Net earnings | $245M | -66% | +16% |
| Operating cash flow | $853M | -27% | -18% |
| Free cash flow | $23.9M | -95% | -93% |
What changed
Revenue was $2.0B in Q2 2025, up 13% year over year and down 36% from the previous quarter.
Operating profit was $0.40B, a 20.1% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, below the 21% margin then. Total costs grew 14% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+21%). Net earnings were $0.25B, up 16% year over year ($0.24B including minority interests, which bore $2.4M of losses). The effective tax rate was 7.4%.
Operating cash flow was $0.85B (down 18% year over year), 351% of net earnings. Non-cash charges added back $0.37B of depreciation and amortization. Working capital and other items added $0.24B. Capital expenditures of $0.83B left free cash flow of $0.02B.
Questions
What was WEC Energy Group's revenue in the second quarter 2025?
WEC Energy Group (WEC) reported revenue of $2.0B for the second quarter 2025 (Q2 2025), +13% from a year earlier and -36% from the quarter before.
Was WEC Energy Group profitable in the second quarter 2025?
Operating profit was $405M (20.1% of revenue) and net earnings $245M.
Source: WEC Energy Group 10-Q on SEC EDGAR.