Filing Flows › Wisconsin Electric Power (WELPP) › Q2 2026
Wisconsin Electric Power (WELPP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Wisconsin Electric Power (WELPP) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +5% from a year earlier and -20% from the quarter before. Operating margin was 23.8%, net earnings $150M (14.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -20% | +5% |
| Operating profit | $251M | -30% | +1% |
| Net earnings | $150M | -36% | +26% |
| Operating cash flow | $297M | -38% | +69% |
What changed
Revenue was $1.1B in Q2 2026, up 5% year over year and down 20% from the previous quarter.
Operating profit was $0.25B, a 23.8% margin (down 0.9 points year over year). Of the extra revenue versus Q2 2025, 5% reached operating profit, below the 25% margin then. Total costs grew 6% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $0.15B, up 26% year over year. The effective tax rate was 11.3%.
Operating cash flow was $0.30B (up 69% year over year), 198% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization. Working capital and other items used $0.02B. Capital expenditures of $0.86B exceeded it, leaving free cash flow of −$0.56B.
Questions
What was Wisconsin Electric Power's revenue in the second quarter 2026?
Wisconsin Electric Power (WELPP) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +5% from a year earlier and -20% from the quarter before.
Was Wisconsin Electric Power profitable in the second quarter 2026?
Operating profit was $251M (23.8% of revenue) and net earnings $150M.