Northwestern Energy Group, Inc. income statement
In fiscal 2025, Northwestern Energy Group, Inc. reported revenue of $1.61bn, up 6.4% on the year before, operating income of $326m (a 20.2% margin) and net income of $181m, or $2.94 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 1,372 | 1,478 | 1,422 | 1,514 | 1,611 | 1,691 |
| General and administrative | 102 | 114 | 117 | 137 | 158 | 172 |
| Operating income | 276 | 263 | 300 | 323 | 326 | 319 |
| Income before tax | 190 | 182 | 202 | 215 | 188 | 177 |
| Income tax | 3 | −1 | 8 | −9 | 6 | 5 |
| Net income | 187 | 183 | 194 | 224 | 181 | 171 |
| Diluted EPS | $3.60 | $3.25 | $3.22 | $3.65 | $2.94 | $2.78 |
| Diluted shares (average) | 52m | 56m | 60m | 61m | 62m | 62m |
| EBITDA | 463 | 458 | 511 | 551 | 575 | 577 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 345 | 373 | 467 | 343 | 387 | 414 | 498 | 393 |
| General and administrative | 35 | 31 | 41 | 34 | 47 | 36 | 46 | 42 |
| Operating income | 68 | 92 | 125 | 61 | 80 | 60 | 114 | 64 |
| Income before tax | 44 | 60 | 92 | 25 | 47 | 24 | 77 | 28 |
| Income tax | −3 | −21 | 15 | 3 | 9 | −21 | 14 | 3 |
| Net income | 47 | 81 | 77 | 21 | 38 | 45 | 63 | 25 |
| Diluted EPS | $0.76 | $1.31 | $1.25 | $0.35 | $0.62 | $0.72 | $1.03 | $0.40 |
| EBITDA | 125 | 149 | 187 | 123 | 143 | 122 | 181 | 131 |
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