Northwest Natural NWN Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating revenues by Business | ||||||
| NW Natural | $1.11B-1.3% | $1.13B-0.7% | $1.13B+0.5% | $1.13B+0.1% | $1.13B+2.4% | |
| NWN Gas Utility | $1.09B-1.4% | $1.1B-0.7% | $1.11B+0.5% | $1.11B-0.1% | $1.11B+2.9% | |
| NWN Water | $66.71M+1.6% | $65.65M+3.8% | $63.26M+5.4% | $60.02M+8.6% | $55.25M+6.2% | |
| SiEnergy | $75.01M+13.7% | $65.98M+43.5% | $45.99M+34.6% | $34.17M+50.7% | $22.67M— | |
| NW Natural income from operations by Business | ||||||
| NWN Gas Utility | $224M-0.6% | $225.35M+5.1% | $214.37M-0.8% | $216.16M+2.8% | $210.28M+21.4% | |
| NWN Water | $18.26M-3.4% | $18.91M+6.4% | $17.76M+18.2% | $15.02M+19.9% | $12.52M+26.1% | |
| SiEnergy | $30.78M+15.9% | $26.56M+50.8% | $17.61M+33.4% | $13.2M+37.3% | $9.61M— | |
| Income tax expense (benefit) by Business | ||||||
| NW Natural | $43.81M-7.4% | $47.32M+4.7% | $45.21M-2.2% | $46.2M+3.6% | $44.61M+28.9% | |
| NWN Water | $3.43M-2.2% | $3.51M-19.2% | $4.34M+19.5% | $3.63M+22.8% | $2.96M+43.0% | |
| SiEnergy | $4.46M+15.3% | $3.87M+35.1% | $2.86M+24.3% | $2.3M+18.5% | $1.94M— | |
| Net Interest Expense by Business | ||||||
| NW Natural | $64M+3.4% | $61.9M-0.5% | $62.21M-0.6% | $62.57M-0.3% | $62.78M-0.8% | |
| NWN Water | $2.94M-3.4% | $3.05M-3.5% | $3.16M+1.3% | $3.12M-0.4% | $3.13M-18.0% | |
| SiEnergy | $9.89M+3.0% | $9.61M+36.7% | $7.03M+53.6% | $4.58M+103% | $2.26M— | |
| Gross Profit by Business | ||||||
| SiEnergy | $49.09M+11.0% | $44.22M— | —— | —— | —— | |
| Distribution revenues by Business | ||||||
| SiEnergy | $75.01M+13.7% | $65.98M— | —— | —— | —— | |
| Depreciation by Business | ||||||
| NW Natural | $152.53M+2.3% | $149.12M+2.9% | $144.97M+4.0% | $139.44M+3.6% | $134.53M+3.8% | |
| NWN Gas Utility | $151.6M+2.3% | $148.2M+2.9% | $144.06M+4.0% | $138.56M+3.6% | $133.73M+4.1% | |
| NWN Water | $9.01M+5.9% | $8.51M+6.8% | $7.97M-13.0% | $9.17M+5.4% | $8.7M+4.9% | |
| SiEnergy | $7.6M-3.5% | $7.87M+29.4% | $6.09M+36.3% | $4.47M+116% | $2.07M— | |
| Utilities Operating Expense, Taxes by Business | ||||||
| SiEnergy | $2.06M+9.7% | $1.88M— | —— | —— | —— | |
| Contract with customer, refund liability by Business | ||||||
| Other | $0— | $0— | —— | —— | —— | |
| Other operating expenses by Business | ||||||
| NWN Water | $4.95M-2.7% | $5.09M-1.1% | $5.14M-1.1% | $5.2M+8.4% | $4.8M-4.9% | |
| General taxes by Business | ||||||
| NWN Gas Utility | $49.29M+2.2% | $48.23M+2.3% | $47.15M+2.0% | $46.23M-0.2% | $46.31M+0.2% | |
| SiEnergy | $934K-18.3% | $1.14M— | —— | —— | —— | |
| CapEx by Business | ||||||
| NW Natural | $351.07M-1.1% | $355.07M+0.9% | $351.93M0.0% | $352.01M-3.7% | $365.48M+3.3% | |
| NWN Water | $44.96M+2.4% | $43.92M+11.5% | $39.4M+0.5% | $39.21M+3.3% | $37.95M-5.1% | |
| SiEnergy | $82.07M+21.3% | $67.65M+65.7% | $40.82M+54.4% | $26.45M+151% | $10.53M— | |
| Operations and maintenance by Business | ||||||
| NWN Gas Utility | $268.13M+1.0% | $265.36M-2.0% | $270.75M+3.0% | $262.9M+2.4% | $256.62M+1.3% | |
| Cost of gas by Business | ||||||
| SiEnergy | $23.87M+20.0% | $19.89M— | —— | —— | —— | |
| Revenue from contract with customer, including assessed tax by Product | ||||||
| Asset management revenue, net | $6.81M0.0% | $6.82M+1.1% | $6.75M+13.1% | $5.97M+3.8% | $5.75M+24.9% | |
| Gas storage revenue, net | $16.52M-1.5% | $16.77M-2.0% | $17.12M-3.5% | $17.75M+6.1% | $16.73M+10.7% | |
| Natural gas sales | $1.06B-2.3% | $1.08B-0.5% | $1.09B+1.3% | $1.07B-0.4% | $1.08B+4.1% | |
| Other revenue | $3.77M-2.0% | $3.85M+5.1% | $3.66M+5.5% | $3.47M+5.5% | $3.29M+5.7% | |
| Renewable natural gas sales | $29.9M+2.5% | $29.16M+37.5% | $21.2M+40.9% | $15.04M— | —— | |
| Water and wastewater revenue | $66.71M+1.6% | $65.65M+3.8% | $63.26M+5.4% | $60.02M+8.6% | $55.25M+6.2% | |
| Remediation recovery percentage by Geography | ||||||
| Oregon | 386.8%0.0pp | 386.8%0.0pp | 386.8%0.0pp | 386.8%0.0pp | 386.8%0.0pp | |
| WASHINGTON | 13.2%0.0pp | 13.2%0.0pp | 13.2%0.0pp | 13.2%0.0pp | 13.2%0.0pp | |
| Target hedge achieved by Geography | ||||||
| Oregon | 342%-2.0pp | 344%0.0pp | 344%+1.0pp | 343%+1.0pp | 342%+1.0pp | |
| WASHINGTON | 130%+1.0pp | 129%-22.0pp | 151%-23.0pp | 174%-23.0pp | 197%-23.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Northwest Natural break its business down?
- Northwest Natural (NWN) reports revenue from contract with customer, including assessed tax by business across 4 parts — NW Natural, NWN Water, Other and SiEnergy. Each is extracted from the segment footnotes and tracked over time.
- Where does Northwest Natural's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Northwest Natural'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.