Filing Flows › Wisconsin Electric Power (WELPP) › Q3 2026
Wisconsin Electric Power (WELPP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
Wisconsin Electric Power (WELPP) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +14% from a year earlier and +29% from the quarter before. Operating margin was 29.1%, net earnings $252M (18.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +29% | +14% |
| Operating profit | $397M | +58% | +17% |
| Net earnings | $252M | +68% | +28% |
| Operating cash flow | $546M | +84% | +28% |
What changed
Revenue was $1.4B in Q3 2026, up 14% year over year and up 29% from the previous quarter.
Operating profit was $0.40B, a 29.1% margin (up 0.9 points year over year). Of the extra revenue versus Q3 2025, 35% reached operating profit, above the 28% margin then. Total costs grew 12% against revenue growth of 14%. The fastest-growing cost line was Cost of revenue (+13%). Net earnings were $0.25B, up 28% year over year. The effective tax rate was 14.9%.
Operating cash flow was $0.55B (up 28% year over year), 217% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization. Working capital and other items added $0.12B. Capital expenditures of $0.78B exceeded it, leaving free cash flow of −$0.23B.
Questions
What was Wisconsin Electric Power's revenue in the third quarter 2026?
Wisconsin Electric Power (WELPP) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +14% from a year earlier and +29% from the quarter before.
Was Wisconsin Electric Power profitable in the third quarter 2026?
Operating profit was $397M (29.1% of revenue) and net earnings $252M.