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Filing Flows › WEC Energy Group (WEC) › Q2 2026 › vs Q1 2026

WEC Energy Group (WEC) Q2 2026 vs Q1 2026 (quarter over quarter)

WEC Energy Group's revenue fell $1.4B (-40%) from $3.4B in Q1 2026 to $2.1B in Q2 2026. Operating margin 21.0% against 28.5% (-7.5 pts).

WEC Energy Group, Q2 2026: revenue $2.1B (+3% year over year), operating margin 21.0%, net earnings $299M, operating cash flow $992M. The chart draws each line against Q1 2026, the increases inside each band.

WEC Energy Group: what changed, Q2 2026 vs Q1 2026WEC Energy Group: what changed, Q2 2026 vs Q1 2026Cost of revenue−$835MCosts & expenses−$825MNegative free cash flow (OCF …$670MOperating profit−$547MPre-tax earnings−$531MNet earnings−$505MCapital expenditures$444MWorking capital & other$274MOperating cash flow−$226MIncome tax−$26.1M

Margins

Q2 2026Q1 2026Change
Operating margin21.0%28.5%-7.5 pts
Net margin14.5%23.4%-8.9 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$2.1B$3.4B−$1.4B-40%
Operating profit$433M$980M−$547M-56%
Costs & expenses$1.6B$2.5B−$825M-34%
Pre-tax earnings$328M$859M−$531M-62%
Other expense, net$105M$121M−$16.0M-13%
Cost of revenue$556M$1.4B−$835M-60%
Other operating costs$1.1B$1.1B$10.5M+1%
Net earnings$299M$804M−$505M-63%
Minority interests$1.8M$1.7M$100K+6%
Income tax$27.0M$53.1M−$26.1M-49%
Depreciation & amortization$385M$380M$5.1M+1%
Working capital & other$308M$34.2M$274M+801%
Operating cash flow$992M$1.2B−$226M-19%
Capital expenditures$1.3B$818M$444M+54%
Negative free cash flow (OCF − capex)$270M−$400M$670M—

Questions

How much did WEC Energy Group's revenue grow quarter over quarter in Q2 2026?

WEC Energy Group's revenue fell $1.4B (-40%) from $3.4B in Q1 2026 to $2.1B in Q2 2026. Operating margin 21.0% against 28.5% (-7.5 pts).

Q2 2026 results → · Compare in the interactive Sankey →