Net Income

Net Income

WEC Energy Group Net Income increased by 154.5% to $806.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $725.50M to $806.10M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 4.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.

Detailed definition

The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...

Peer comparison

This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.

Metric ID: net_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$275.70M$288.70M$223.80M$568.00M$287.80M$301.70M$252.20M$507.60M$290.00M$315.60M$218.50M$622.60M$210.00M$238.60M$453.10M$725.50M$243.00M$270.20M$316.80M$806.10M
QoQ Change+4.7%-22.5%+153.8%-49.3%+4.8%-16.4%+101.3%-42.9%+8.8%-30.8%+184.9%-66.3%+13.6%+89.9%+60.1%-66.5%+11.2%+17.2%+154.5%
YoY Change+4.4%+4.5%+12.7%-10.6%+0.8%+4.6%-13.4%+22.7%-27.6%-24.4%+107.4%+16.5%+15.7%+13.2%-30.1%+11.1%
Range$210.00M$806.10M
CAGR+25.3%
Avg YoY Growth+6.7%
Median YoY Growth+4.6%
Current Streak3 quarters growth

Product Breakdown

View all
SegmentQ3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Utility operations$316.00M$622.30M$211.30M$240.10M$724.20M$245.40M$271.30M$804.40M
Total$315.60M$622.60M$210.00M$238.60M$725.50M$243.00M$270.20M$806.10M

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate and Other$211.30M$240.10M$453.50M$724.20M$245.40M$271.30M$316.60M$804.40M
Non-Utility Energy Infrastructure$211.30M$240.10M$453.50M$724.20M$245.40M$271.30M$316.60M$804.40M
Total$210.00M$238.60M$453.10M$725.50M$243.00M$270.20M$316.80M$806.10M

Frequently Asked Questions

What is WEC Energy Group's net income?
WEC Energy Group (WEC) reported net income of $806.10M in Q1 2026.
How has WEC Energy Group's net income changed year-over-year?
WEC Energy Group's net income increased by 11.1% year-over-year, from $725.50M to $806.10M.
What is the long-term trend for WEC Energy Group's net income?
Over 4 years (2021 to 2025), WEC Energy Group's net income has grown at a 4.6% compound annual growth rate (CAGR), from $1.30B to $1.56B.
What does net income mean?
The final profit of the company after every single expense and tax has been paid.