Net Income
Net Income
WEC Energy Group Net Income increased by 154.5% to $806.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $725.50M to $806.10M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 4.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase indicates improved profitability and stronger financial health.
Detailed definition
Represents the final bottom-line profit attributable to the parent company after all expenses, taxes, and noncontrolling...
Peer comparison
The most fundamental metric for comparing profitability across all industries.
Metric ID:
net_incomeHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $275.70M | $288.70M | $223.80M | $568.00M | $287.80M | $301.70M | $252.20M | $507.60M | $290.00M | $315.60M | $218.50M | $622.60M | $210.00M | $238.60M | $453.10M | $725.50M | $243.00M | $270.20M | $316.80M | $806.10M |
| QoQ Change | — | +4.7% | -22.5% | +153.8% | -49.3% | +4.8% | -16.4% | +101.3% | -42.9% | +8.8% | -30.8% | +184.9% | -66.3% | +13.6% | +89.9% | +60.1% | -66.5% | +11.2% | +17.2% | +154.5% |
| YoY Change | — | — | — | — | +4.4% | +4.5% | +12.7% | -10.6% | +0.8% | +4.6% | -13.4% | +22.7% | -27.6% | -24.4% | +107.4% | +16.5% | +15.7% | +13.2% | -30.1% | +11.1% |
Range$210.00M – $806.10M
CAGR+25.3%
Avg YoY Growth+6.7%
Median YoY Growth+4.6%
Current Streak3 quarters growth
Product Breakdown
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Utility operations | $492.50M | $158.40M | $185.50M | $333.30M | $581.10M | $208.50M | $241.90M | $634.60M |
| Total | $622.60M | $210.00M | $238.60M | $453.10M | $725.50M | $243.00M | $270.20M | $806.10M |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Non-Utility Energy Infrastructure | $93.30M | $85.00M | $108.20M | $108.80M | $82.30M | $87.90M | $132.10M | $120.60M |
| Corporate and Other | -$71.80M | -$62.10M | -$35.80M | -$2.60M | -$81.00M | -$95.80M | -$59.50M | $7.30M |
| Electric Transmission | — | — | $47.80M | $36.90M | — | — | — | — |
| Total | $210.00M | $238.60M | $453.10M | $725.50M | $243.00M | $270.20M | $316.80M | $806.10M |
Net Income at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's net income?
- WEC Energy Group (WEC) reported net income of $806.10M in Q1 2026.
- How has WEC Energy Group's net income changed year-over-year?
- WEC Energy Group's net income increased by 11.1% year-over-year, from $725.50M to $806.10M.
- What is the long-term trend for WEC Energy Group's net income?
- Over 4 years (2021 to 2025), WEC Energy Group's net income has grown at a 4.6% compound annual growth rate (CAGR), from $1.30B to $1.56B.
- What does net income mean?
- The total profit remaining after all costs, taxes, and obligations are paid.