What is WEC Energy Group's net income?

WEC Energy Group (WEC) reported net income of $806.1M 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 $725.5M to $806.1M.

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 $1.3B to $1.56B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

WEC Energy Group WEC Net Income

Net Income at other companies

Xcel EnergyXEL

$556M+15.1%

MGE EnergyMGEE

$48.48M+16.6%

CMS

CMS EnergyCMS

$277M-6.1%

NorthWestern Energy Group, Inc.NWE

$63.46M-17.5%

Portland General ElectricPOR

$45M-55.0%

EVR

EvergyEVRG

$154.6M+20.7%

Segments

By segment

See full

Non-Utility Energy Infrastructure$120.6M+10.8%

Electric Transmission$36.9M—

Corporate and Other$7.3M+381%

Other financials

Income statement

See full

Revenue$3.4B+9.0%

Gross profit$2.0B+3.0%

Operating income$980.0M+4.5%

Net income$806.1M+11.1%

EPS (diluted)$2.45+7.9%

Balance sheet

See full

Cash & equivalents$107.3M-25.2%

Total debt$21.8B+22.6%

Total equity$14.6B+8.5%

Total assets$51.7B+7.3%

Cash flow

See full

Operating cash flow$1.2B+4.8%

CapEx$817.9M+16.7%

Free cash flow$400.5M-13.2%

Valuation

See full

Market cap$37.18B+8.9%

Profitability

See full

Gross margin65.4%-2.7pp

Operating margin22.7%-2.4pp

Net margin16.2%-1.7pp

FCF margin-10.7%—

Returns & leverage

See full

Return on equity11.7%-0.9pp

Debt / equity1.5×+0.2×

Current ratio0.7×+0.2×

Where this comes from

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: WEC Energy Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEC Energy Group's net income?: WEC Energy Group (WEC) reported net income of $806.1M 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 $725.5M to $806.1M.
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 $1.3B to $1.56B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.