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WEC Energy Group (WEC) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 30, 2026

WEC Energy Group (WEC) reported revenue of $2.3B for the third quarter 2026 (Q3 2026), +9% from a year earlier and +11% from the quarter before. Operating margin was 24.6%, net earnings $390M (17.0% of revenue).

Revenue$2.3B
Year over year+9%
Quarter over quarter+11%
Operating margin24.6%
Net earnings$390M

WEC Energy Group, Q3 2026: revenue $2.3B (+9% year over year), operating margin 24.6%, net earnings $390M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$2.3B+11%+9%
Operating profit$564M+30%+25%
Net earnings$390M+30%+44%
Operating cash flow$1.2B+21%+28%

What changed

Revenue was $2.3B in Q3 2026, up 9% year over year and up 11% from the previous quarter.

Operating profit was $0.56B, a 24.6% margin (up 3.2 points year over year). Of the extra revenue versus Q3 2025, 61% reached operating profit, above the 21% margin then. Total costs grew 4% against revenue growth of 9%. Net earnings were $0.39B, up 43% year over year. The effective tax rate was 10.7%.

Operating cash flow was $1.2B (up 28% year over year), 308% of net earnings. Non-cash charges added back $0.39B of depreciation and amortization. Working capital and other items added $0.42B. Capital expenditures of $1.2B exceeded it, leaving free cash flow of −$0.04B.

Questions

What was WEC Energy Group's revenue in the third quarter 2026?

WEC Energy Group (WEC) reported revenue of $2.3B for the third quarter 2026 (Q3 2026), +9% from a year earlier and +11% from the quarter before.

Was WEC Energy Group profitable in the third quarter 2026?

Operating profit was $564M (24.6% of revenue) and net earnings $390M.

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Source: WEC Energy Group 10-Q on SEC EDGAR.