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Northwest Natural NWN NWN Gas Utility — 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

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×

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, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Distribution revenues$192,851$189,120$614,085$625,028
Regulated gas storage10,0819,25119,68719,035
Other revenue1,8702,4364,9265,557
Total operating revenues204,802200,807638,698649,620
Less: Cost of gas53,32656,939193,470216,375
Environmental remediation2,4312,2968,7568,549
Revenue taxes7,9067,83224,94326,397
NW Natural margin141,139133,740411,529398,299

Item 1. Unaudited Financial Statements:

FAQ

What is Northwest Natural's NWN gas utility — operating revenues?
Northwest Natural (NWN) reported NWN gas utility — operating revenues of $204.8M in Q2 2026.
How has Northwest Natural's NWN gas utility — operating revenues changed year-over-year?
Northwest Natural's NWN gas utility — 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 NWN gas utility — operating revenues?
Over 2 years (2023 to 2025), Northwest Natural's NWN gas utility — operating revenues has grown at a -1.1% compound annual growth rate (CAGR), from $1.14B to $1.11B.
What does NWN gas utility — operating revenues mean?
This metric represents the total gross income generated by the utility segment from its primary business activities, including gas distribution and related regulated services. It serves as the top-line figure for the segment, reflecting the scale of operations and market reach. It is essential for understanding the overall revenue generation capacity of the utility business.

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