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-1.5% | $1.13B+2.2% | $1.13B+4.0% | $1.13B+2.6% | $1.13B0.0% | |
| NWN Gas Utility | $1.09B-1.5% | $1.1B+2.7% | $1.11B+10.0% | $1.11B-6.3% | $1.11B-12.9% | |
| NWN Water | $66.71M+20.7% | $65.65M+26.2% | $63.26M+33.7% | $60.02M+44.1% | $55.25M+38.7% | |
| SiEnergy | $75.01M+231% | $65.98M— | $45.99M— | $34.17M— | $22.67M— | |
| NW Natural income from operations by Business | ||||||
| NWN Gas Utility | $224M+6.5% | $225.35M+30.1% | $214.37M+58.4% | $216.16M+5.4% | $210.28M-10.9% | |
| NWN Water | $18.26M+45.8% | $18.91M+90.3% | $17.76M+131% | $15.02M+171% | $12.52M+133% | |
| SiEnergy | $30.78M+220% | $26.56M— | $17.61M— | $13.2M— | $9.61M— | |
| Income tax expense (benefit) by Business | ||||||
| NW Natural | $43.81M-1.8% | $47.32M+36.7% | $45.21M+84.1% | $46.2M+6.1% | $44.61M-14.9% | |
| NWN Water | $3.43M+16.1% | $3.51M+69.7% | $4.34M+246% | $3.63M+953% | $2.96M+3,669% | |
| SiEnergy | $4.46M+130% | $3.87M— | $2.86M— | $2.3M— | $1.94M— | |
| Net Interest Expense by Business | ||||||
| NW Natural | $64M+1.9% | $61.9M-2.2% | $62.21M+0.9% | $62.57M+1.4% | $62.78M+2.0% | |
| NWN Water | $2.94M-5.9% | $3.05M-20.1% | $3.16M-29.6% | $3.12M-40.3% | $3.13M-47.5% | |
| SiEnergy | $9.89M+338% | $9.61M— | $7.03M— | $4.58M— | $2.26M— | |
| Gross Profit by Business | ||||||
| SiEnergy | $49.09M— | $44.22M— | —— | —— | —— | |
| Distribution revenues by Business | ||||||
| SiEnergy | $75.01M— | $65.98M— | —— | —— | —— | |
| Depreciation by Business | ||||||
| NW Natural | $152.53M+13.4% | $149.12M+15.1% | $144.97M+15.1% | $139.44M+14.1% | $134.53M+11.7% | |
| NWN Gas Utility | $151.6M+13.4% | $148.2M+15.3% | $144.06M+16.5% | $138.56M+14.1% | $133.73M+11.8% | |
| NWN Water | $9.01M+3.6% | $8.51M+2.6% | $7.97M-1.2% | $9.17M+28.6% | $8.7M+33.0% | |
| SiEnergy | $7.6M+267% | $7.87M— | $6.09M— | $4.47M— | $2.07M— | |
| Utilities Operating Expense, Taxes by Business | ||||||
| SiEnergy | $2.06M— | $1.88M— | —— | —— | —— | |
| Contract with customer, refund liability by Business | ||||||
| Other | $0— | $0— | —— | —— | —— | |
| Other operating expenses by Business | ||||||
| NWN Water | $4.95M+3.2% | $5.09M+0.8% | $5.14M-2.7% | $5.2M+10.3% | $4.8M-2.3% | |
| General taxes by Business | ||||||
| NWN Gas Utility | $49.29M+6.4% | $48.23M+4.3% | $47.15M-0.1% | $46.23M-4.0% | $46.31M-3.8% | |
| SiEnergy | $934K— | $1.14M— | —— | —— | —— | |
| CapEx by Business | ||||||
| NW Natural | $351.07M-3.9% | $355.07M+0.3% | $351.93M+3.8% | $352.01M+3.4% | $365.48M+22.1% | |
| NWN Water | $44.96M+18.5% | $43.92M+9.8% | $39.4M+1.9% | $39.21M+2.9% | $37.95M+0.9% | |
| SiEnergy | $82.07M+680% | $67.65M— | $40.82M— | $26.45M— | $10.53M— | |
| Operations and maintenance by Business | ||||||
| NWN Gas Utility | $268.13M+4.5% | $265.36M+4.8% | $270.75M+15.2% | $262.9M+9.0% | $256.62M+4.4% | |
| Cost of gas by Business | ||||||
| SiEnergy | $23.87M— | $19.89M— | —— | —— | —— | |
| Revenue from contract with customer, including assessed tax by Product | ||||||
| Asset management revenue, net | $6.81M+18.5% | $6.82M+48.1% | $6.75M+44.9% | $5.97M+29.2% | $5.75M+51.7% | |
| Gas storage revenue, net | $16.52M-1.2% | $16.77M+10.9% | $17.12M+25.8% | $17.75M+46.5% | $16.73M+36.6% | |
| Natural gas sales | $1.06B-1.9% | $1.08B+4.5% | $1.09B+6.0% | $1.07B+3.5% | $1.08B+0.9% | |
| Other revenue | $3.77M+14.7% | $3.85M+23.8% | $3.66M— | $3.47M— | $3.29M— | |
| Renewable natural gas sales | $29.9M— | $29.16M— | $21.2M— | $15.04M— | —— | |
| Water and wastewater revenue | $66.71M+20.7% | $65.65M+26.2% | $63.26M+33.7% | $60.02M+44.1% | $55.25M+38.7% | |
| 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%0.0pp | 344%+3.0pp | 344%+4.0pp | 343%+3.0pp | 342%+3.0pp | |
| WASHINGTON | 130%-67.0pp | 129%-91.0pp | 151%-93.0pp | 174%-94.0pp | 197%— |
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.