Filing Flows › Wisconsin Electric Power (WELPP) › Q2 2026 › vs Q1 2026
Wisconsin Electric Power (WELPP) Q2 2026 vs Q1 2026 (quarter over quarter)
Wisconsin Electric Power's revenue fell $266M (-20%) from $1.3B in Q1 2026 to $1.1B in Q2 2026. Operating margin 23.8% against 27.1% (-3.3 pts).
Wisconsin Electric Power, Q2 2026: revenue $1.1B (+5% year over year), operating margin 23.8%, net earnings $150M, operating cash flow $297M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 23.8% | 27.1% | -3.3 pts |
| Net margin | 14.2% | 17.8% | -3.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | −$266M | -20% |
| Operating profit | $251M | $358M | −$107M | -30% |
| Costs & expenses | $806M | $965M | −$159M | -17% |
| Pre-tax earnings | $169M | $266M | −$96.6M | -36% |
| Other expense, net | $81.9M | $92.4M | −$10.5M | -11% |
| Cost of revenue | $320M | $482M | −$161M | -33% |
| Other operating costs | $486M | $484M | $2.0M | +0.4% |
| Net earnings | $150M | $235M | −$85.4M | -36% |
| Income tax | $19.2M | $30.4M | −$11.2M | -37% |
| Depreciation & amortization | $167M | $165M | $2.0M | +1% |
| Working capital & other | $20.3M | −$80.7M | $101M | — |
| Operating cash flow | $297M | $481M | −$184M | -38% |
| Capital expenditures | $858M | $531M | $326M | +61% |
| Negative free cash flow (OCF − capex) | $561M | $49.8M | $511M | 11× |
Questions
How much did Wisconsin Electric Power's revenue grow quarter over quarter in Q2 2026?
Wisconsin Electric Power's revenue fell $266M (-20%) from $1.3B in Q1 2026 to $1.1B in Q2 2026. Operating margin 23.8% against 27.1% (-3.3 pts).