Skip to content
Screener

Northwest Natural NWN Q2 2026 earnings

Reported August 5, 2026 · Before market open

Revenue$243.6MMiss by $28.3M
EPS$0.01Beat by $0.09
Revenue estimate$271.9M
EPS estimate-$0.08
“Our results exceeded our expectations and reflect strong execution across the business. Our consistent performance and strong first-half results, combined with increased visibility into the balance of the year, support our expectation that 2026 EPS will be in the upper half of our guidance range. The strength of our strategy positions NW Natural Holdings to continue to deliver safe, reliable, and affordable service while creating long-term value for customers and shareholders.”
Justin Palfreyman

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$178.2M
EPS estimate-$0.88

Financials

Q2 2026

Income statement

See full
Revenue$243.6M+3.1%
Operating income$33.2M+21.9%
Net income$1.2M+135%
EPS (diluted)$0.01+117%

Balance sheet

See full
Cash & equivalents$29.8M-72.0%
Total debt$2.6B+10.9%
Total equity$1.6B+6.9%
Total assets$6.4B+11.3%

Cash flow

See full
Operating cash flow$109.7M+7.4%
CapEx$121.3M+0.7%
Free cash flow-$11.6M+36.8%

Valuation & ratios

Valuation

as of 09/17/26
See full
Market cap$2.05B+18.7%
Enterprise value$4.6B+16.6%
P/E12.3×+0.3×
P/S1.6×+0.2×

Profitability

See full
Operating margin22.8%+2.9pp
Net margin12.9%+1.3pp
FCF margin-20.6%+13.6pp

Returns & leverage

See full
Return on equity11.1%+0.8pp
Debt / equity1.7×+0.1×
Current ratio0.8×+0.1×

Segments

By product

See full
Natural gas sales$181.3M+1.2%
Alternative revenue$25.5M+15.5%
Water and wastewater revenue$17.1M+4.8%
Renewable natural gas sales$7.6M+10.2%
Gas storage revenue, net$4.8M+18.5%

By segment

See full
NWN Water Utility$17.1M+4.8%
Other$8.1M—

FAQ

When did Northwest Natural report Q2 2026 earnings?
Northwest Natural (NWN) reported Q2 2026 earnings on August 5, 2026 before market open.
What were Northwest Natural's Q2 2026 revenue and EPS?
Northwest Natural reported revenue of $243.6M and eps of $0.01 for Q2 2026.
Did Northwest Natural beat estimates in Q2 2026?
Revenue missed the consensus estimate of $271.9M by $28.3M. EPS beat the consensus estimate of $-0.08 by $0.09.
How did Northwest Natural's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 3.1% from $236.2M a year earlier and eps grew 0.0% from $0.01.
Where can I find Northwest Natural's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001733998-26-000125) and the 10-Q periodic report (0001733998-26-000127) directly on SEC EDGAR. The filing index links above go to sec.gov.