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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total Revenues by Business
Regulated Electric Segment$362.05M+7.9%$335.48M
Regulated Natural Gas$135.52M+3.3%$131.15M
Net Income by Business
Other Operating Segment-$4.12M-44.2%-$8.39M-1,087%-$968K+7.7%-$2.86M+38.3%
Regulated Electric Segment$47.38M-4.0%$49.34M
Regulated Natural Gas$20.2M-33.7%$30.46M
Revenue by Business
Electric Domestic Regulated$298.92M+7.4%$308.1M+8.0%$239M-3.4%$278.33M-1.4%
Gas Domestic Regulated$120.28M-5.0%$27.6M+34.6%$45.2M-0.7%$126.65M+10.8%
Other income, net by Business
Regulated Electric Segment$1.55M-38.0%$2.49M
Regulated Natural Gas$624K-42.8%$1.09M
Property and other taxes by Business
Regulated Electric Segment$39.21M+17.8%$33.29M
Regulated Natural Gas$11.15M+13.9%$9.8M
Income Tax Expense (Benefit) by Business
Regulated Electric Segment$11.48M+16.3%$9.87M
Regulated Natural Gas$3.14M-29.2%$4.43M
Operating, general, and administrative by Business
Regulated Electric Segment$89.6M+23.6%$72.48M
Regulated Natural Gas$27.13M+7.8%$25.17M
Fuel, purchased supply and direct transmission expense (exclusive of depreciation and depletion shown separately below) by Business
Regulated Electric Segment$90.28M-2.7%$92.75M
Regulated Natural Gas$55.29M+21.7%$45.45M
Interest and Debt Expense by Business
Regulated Electric Segment$30.19M+8.8%$27.76M
Regulated Natural Gas$7.87M+11.9%$7.03M
Depreciation and depletion by Business
Regulated Electric Segment$55.47M+5.7%$52.49M
Regulated Natural Gas$11.36M+14.6%$9.91M
Regulatory amortization by Business
Electric Domestic Regulated$22.09M+659%$2.8M+33.3%$2.1M+61.5%$2.91M+45.5%
Gas Domestic Regulated$16.24M+16.5%$14.4M+41.2%$12.8M+20.8%$13.94M+27.9%
Operating revenues by Product
Regulated Electric and Natural Gas Segments$497.57M+6.6%$414.26M+10.9%$386.95M+12.1%$342.71M+7.1%$466.63M-1.8%
Total Revenue$497.57M+6.6%$414.23M+10.9%$387M+12.1%$342.7M+7.1%$466.63M-1.8%
Revenue by Geography
Montana$168.58M+1.3%$139.57M+8.2%$125.6M+8.5%$104.3M-5.5%$166.4M+0.2%
Nebraska$11.16M-15.5%$5.63M+10.3%$2.3M+27.8%$4.5M+18.4%$13.21M+25.8%
South Dakota$43.15M+6.6%$35.48M+13.1%$34.1M+8.6%$31.7M+5.7%$40.49M+9.1%

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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.