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Filing Flows › Wisconsin Electric Power (WELPP) › Q3 2026 › vs Q2 2026

Wisconsin Electric Power (WELPP) Q3 2026 vs Q2 2026 (quarter over quarter)

Wisconsin Electric Power's revenue rose $308M (+29%) from $1.1B in Q2 2026 to $1.4B in Q3 2026. Operating margin 29.1% against 23.8% (+5.3 pts).

Wisconsin Electric Power, Q3 2026: revenue $1.4B (+14% year over year), operating margin 29.1%, net earnings $252M, operating cash flow $546M. The chart draws each line against Q2 2026, the increases inside each band.

Wisconsin Electric Power: what changed, Q3 2026 vs Q2 2026Wisconsin Electric Power: what changed, Q3 2026 vs Q2 2026Negative free cash flow (OCF …−$331MOperating cash flow$250MCosts & expenses$162MOperating profit$146MWorking capital & other$145MCost of revenue$133MPre-tax earnings$127MNet earnings$102MCapital expenditures−$81.4MOther operating costs$28.5M

Margins

Q3 2026Q2 2026Change
Operating margin29.1%23.8%+5.3 pts
Net margin18.4%14.2%+4.3 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$1.4B$1.1B$308M+29%
Operating profit$397M$251M$146M+58%
Costs & expenses$968M$806M$162M+20%
Pre-tax earnings$296M$169M$127M+75%
Other expense, net$101M$81.9M$19.1M+23%
Cost of revenue$454M$320M$133M+42%
Other operating costs$514M$486M$28.5M+6%
Net earnings$252M$150M$102M+68%
Income tax$44.1M$19.2M$24.9M+130%
Depreciation & amortization$170M$167M$2.4M+1%
Working capital & other$125M−$20.3M$145M—
Operating cash flow$546M$297M$250M+84%
Capital expenditures$776M$858M−$81.4M-9%
Negative free cash flow (OCF − capex)$230M$561M−$331M-59%

Questions

How much did Wisconsin Electric Power's revenue grow quarter over quarter in Q3 2026?

Wisconsin Electric Power's revenue rose $308M (+29%) from $1.1B in Q2 2026 to $1.4B in Q3 2026. Operating margin 29.1% against 23.8% (+5.3 pts).

Q3 2026 results → · Compare in the interactive Sankey →