NorthWestern Energy Group, Inc. NWE Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenues by Business | ||||||
| Regulated Electric Segment | $362.05M— | —— | —— | —— | $335.48M— | |
| Regulated Natural Gas | $135.52M— | —— | —— | —— | $131.15M— | |
| Net Income by Business | ||||||
| Other Operating Segment | -$4.12M— | —— | -$8.39M-767% | -$968K+66.1% | -$2.86M-114% | |
| Regulated Electric Segment | $47.38M— | —— | —— | —— | $49.34M— | |
| Regulated Natural Gas | $20.2M— | —— | —— | —— | $30.46M— | |
| Revenue by Business | ||||||
| Electric Domestic Regulated | $298.92M— | —— | $308.1M+28.9% | $239M-14.1% | $278.33M— | |
| Gas Domestic Regulated | $120.28M— | —— | $27.6M-38.9% | $45.2M-64.3% | $126.65M— | |
| Other income, net by Business | ||||||
| Regulated Electric Segment | $1.55M— | —— | —— | —— | $2.49M— | |
| Regulated Natural Gas | $624K— | —— | —— | —— | $1.09M— | |
| Property and other taxes by Business | ||||||
| Regulated Electric Segment | $39.21M— | —— | —— | —— | $33.29M— | |
| Regulated Natural Gas | $11.15M— | —— | —— | —— | $9.8M— | |
| Income Tax Expense (Benefit) by Business | ||||||
| Regulated Electric Segment | $11.48M— | —— | —— | —— | $9.87M— | |
| Regulated Natural Gas | $3.14M— | —— | —— | —— | $4.43M— | |
| Operating, general, and administrative by Business | ||||||
| Regulated Electric Segment | $89.6M— | —— | —— | —— | $72.48M— | |
| Regulated Natural Gas | $27.13M— | —— | —— | —— | $25.17M— | |
| Fuel, purchased supply and direct transmission expense (exclusive of depreciation and depletion shown separately below) by Business | ||||||
| Regulated Electric Segment | $90.28M— | —— | —— | —— | $92.75M— | |
| Regulated Natural Gas | $55.29M— | —— | —— | —— | $45.45M— | |
| Interest and Debt Expense by Business | ||||||
| Regulated Electric Segment | $30.19M— | —— | —— | —— | $27.76M— | |
| Regulated Natural Gas | $7.87M— | —— | —— | —— | $7.03M— | |
| Depreciation and depletion by Business | ||||||
| Regulated Electric Segment | $55.47M— | —— | —— | —— | $52.49M— | |
| Regulated Natural Gas | $11.36M— | —— | —— | —— | $9.91M— | |
| Regulatory amortization by Business | ||||||
| Electric Domestic Regulated | $22.09M— | —— | $2.8M+33.3% | $2.1M-27.8% | $2.91M— | |
| Gas Domestic Regulated | $16.24M— | —— | $14.4M+12.5% | $12.8M-8.2% | $13.94M— | |
| Operating revenues by Product | ||||||
| Regulated Electric and Natural Gas Segments | $497.57M+20.1% | $414.26M+7.1% | $386.95M+12.9% | $342.71M-26.6% | $466.63M+24.9% | |
| Total Revenue | $497.57M+20.1% | $414.23M+7.0% | $387M+12.9% | $342.7M-26.6% | $466.63M+24.9% | |
| Revenue by Geography | ||||||
| Montana | $168.58M+20.8% | $139.57M+11.1% | $125.6M+20.4% | $104.3M-37.3% | $166.4M+29.0% | |
| Nebraska | $11.16M+98.1% | $5.63M+145% | $2.3M-48.9% | $4.5M-65.9% | $13.21M+159% | |
| South Dakota | $43.15M+21.6% | $35.48M+4.1% | $34.1M+7.6% | $31.7M-21.7% | $40.49M+29.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does NorthWestern Energy Group, Inc. break its business down?
- NorthWestern Energy Group, Inc. (NWE) reports total revenues by business across 2 parts — Regulated Electric Segment and Regulated Natural Gas. Each is extracted from the segment footnotes and tracked over time.
- Where does NorthWestern Energy Group, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in NorthWestern Energy Group, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.