Other

Additions / (Releases)

WEC Energy Group Additions / (Releases) decreased by 115.4% to -$7.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 114.7%, from -$3.40M to -$7.30M. Over 2 years (FY 2023 to FY 2025), Additions / (Releases) shows an upward trend with a 55.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase in additions suggests deteriorating customer credit quality, while a release indicates improved collection expectations.

Detailed definition

The net additions or releases to the allowance for doubtful accounts, which is the reserve set aside for potential uncol...

Peer comparison

Standard accounting metric for all companies extending credit to customers.

Metric ID: other_allowance_for_doubtful_accounts_receivable_period__bdbc45

Historical Data

15 periods
 Q1 '22Q2 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$2.30M-$20.20M-$14.50M-$6.10M-$1.90M$28.30M-$2.80M-$23.80M-$11.90M$69.20M-$3.40M-$17.20M-$12.70M$47.40M-$7.30M
QoQ Change-778.3%+28.2%+57.9%+68.9%>999%-109.9%-750.0%+50.0%+681.5%-104.9%-405.9%+26.2%+473.2%-115.4%
YoY Change-530.4%+69.8%+80.7%-290.2%-526.3%+144.5%-21.4%+27.7%-6.7%-31.5%-114.7%
Range-$23.80M$69.20M
CAGR+39.1%
Avg YoY Growth-109.0%
Median YoY Growth-21.4%

Additions / (Releases) at Other Companies

Frequently Asked Questions

What is WEC Energy Group's additions / (releases)?
WEC Energy Group (WEC) reported additions / (releases) of -$7.30M in Q1 2026.
How has WEC Energy Group's additions / (releases) changed year-over-year?
WEC Energy Group's additions / (releases) decreased by 114.7% year-over-year, from -$3.40M to -$7.30M.
What is the long-term trend for WEC Energy Group's additions / (releases)?
Over 2 years (2023 to 2025), WEC Energy Group's additions / (releases) has grown at a 55.9% compound annual growth rate (CAGR), from $5.80M to $14.10M.
What does additions / (releases) mean?
The change in the reserve for bad debts during the period.