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NorthWestern Energy Group, Inc. NWE Regulated Electric and Natural Gas Segments — Net Income

Other segment segments

Regulated Electric Segment
$47.38M
Regulated Natural Gas
$20.2M
Other Operating Segment
-$4.12M

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AWRElectric: — Net Income
$1.49M+26.9%

Other financials

Income statement

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Revenue$497.6M+6.6%
Operating income$114.1M-8.5%
Net income$63.5M-17.5%
EPS (diluted)$1.03-17.6%

Balance sheet

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Cash & equivalents$27.6M-65.5%
Total debt$3.3B+6.5%
Total equity$2.9B+0.4%
Total assets$8.6B+5.9%

Cash flow

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Operating cash flow$159.4M+3.9%
CapEx$116.1M+26.0%
Free cash flow$43.3M-29.3%

Valuation

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Market cap$4.32B+27.9%
Enterprise value$7.63B+17.7%
P/E25.8×+10.8×
P/S2.6×+0.4×

Profitability

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Operating margin19.2%-3.8pp
Net margin10.2%-5.5pp
FCF margin-9%+0.1pp

Returns & leverage

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Return on equity5.8%-2.5pp
Debt / equity1.1×+0.1×
Current ratio0.7×-0.5×

Where this comes from

Reported directly by NorthWestern Energy Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: NorthWestern Energy Group, Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 7:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001993004-26-000029
Three Months Ended / March 31, 2026ElectricGasTotal
Depreciation and depletion55,46911,36266,831
Interest expense, net(30,185)(7,871)(38,056)
Other income, net1,5456242,169
Income tax expense(11,483)(3,135)(14,618)
Segment net income$47,375$20,199$67,574
Reconciliation to consolidated net income
Other, net(1)(4,118)
Consolidated net income$63,456

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is NorthWestern Energy Group, Inc.'s regulated electric and natural gas segments — net income?
NorthWestern Energy Group, Inc. (NWE) reported regulated electric and natural gas segments — net income of $67.57M in Q1 2026.
How has NorthWestern Energy Group, Inc.'s regulated electric and natural gas segments — net income changed year-over-year?
NorthWestern Energy Group, Inc.'s regulated electric and natural gas segments — net income decreased by 15.3% year-over-year, from $79.8M to $67.57M.
What is the long-term trend for NorthWestern Energy Group, Inc.'s regulated electric and natural gas segments — net income?
Over 3 years (2022 to 2025), NorthWestern Energy Group, Inc.'s regulated electric and natural gas segments — net income has grown at a -1.0% compound annual growth rate (CAGR), from $192.59M to $186.77M.
What does regulated electric and natural gas segments — net income mean?
Calculated as total revenues minus all operating expenses, taxes, and interest, representing the final bottom-line profitability of the regulated utility segment. This is the primary measure of the segment's financial success and contribution to shareholder value.

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