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Northwest Natural NWN NW Natural — Operating revenues

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Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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Market cap$2.14B+31.4%
Enterprise value$4.68B+21.9%
P/E12.8×+1.5×
P/S1.7×+0.3×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Northwest Natural in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Northwest Natural’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001733998-26-000127
In thousandsThree Months Ended June 30, / NW NaturalThree Months Ended June 30, / Si EnergyThree Months Ended June 30, / NWN WaterThree Months Ended June 30, / OtherNW Holdings
2026
Operating revenues$204,802$13,546$17,077$8,127$243,552
Depreciation39,5921,7682,85244,212
Income from operations(1)22,9394,8973,4191,90233,157
Interest expense, net17,4262,60782112,49833,352
Income tax expense (benefit)2,231565750(2,936)610
Capital expenditures86,98820,93813,33137121,294
2025

Item 1. Unaudited Financial Statements:

FAQ

What is Northwest Natural's NW natural — operating revenues?
Northwest Natural (NWN) reported NW natural — operating revenues of $204.8M in Q2 2026.
How has Northwest Natural's NW natural — operating revenues changed year-over-year?
Northwest Natural's NW natural — operating revenues increased by 2.0% year-over-year, from $200.81M to $204.8M.
What is the long-term trend for Northwest Natural's NW natural — operating revenues?
Over 4 years (2021 to 2025), Northwest Natural's NW natural — operating revenues has grown at a 7.5% compound annual growth rate (CAGR), from $843.06M to $1.13B.
What does NW natural — operating revenues mean?
This metric represents the total gross revenue generated by the natural gas distribution segment from its core utility operations. It reflects the company's ability to monetize its customer base through the delivery of natural gas services to residential, commercial, and industrial clients. Monitoring this figure helps investors assess the scale and market demand for the company's primary utility services.

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