WEC Energy Group Quarterly Income Statement
NYSE: WECUtilitiesPower GenerationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
WEC Energy Group revenue and earnings
In the quarter ended Jun 30, 2026, WEC Energy Group generated $2.06 billion in revenue, up 2.6% from the same quarter a year earlier. Net income was $301.0 million (+23.9% year over year), for a net margin of 14.6% versus a median of 12.8% in the prior 5 quarters. Gross margin was 73.1% (up from 71.6%) and operating margin 21.0%.
Diluted earnings per share came in at $0.91, up from $0.76.
Summary generated from market data by MetaCap's automated system. Methodology
WEC Energy Group income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.06B | 3.43B | 2.54B | 2.10B | 2.01B | 3.15B | 2.28B | 1.86B | 1.77B | 2.68B | 2.22B | 1.96B |
| Revenue growth (YoY) | +2.62% | +9.04% | +11.07% | +12.91% | +13.40% | +17.51% | +3.01% | -4.80% | -3.17% | -7.20% | -13.32% | -2.28% |
| Cost of Revenue | 555.60M | 1.39B | 921.50M | 608.10M | 570.50M | 1.17B | 738.40M | 520.80M | 469.70M | 927.10M | 761.10M | 587.40M |
| Gross Profit | 1.51B | 2.04B | 1.62B | 1.50B | 1.44B | 1.98B | 1.55B | 1.34B | 1.30B | 1.75B | 1.46B | 1.37B |
| Operating Expenses | 1.07B | 1.06B | 1.16B | 1.05B | 1.03B | 1.05B | 954.90M | 959.00M | 937.50M | 939.70M | 1.11B | 898.00M |
| Operating Income | 432.80M | 980.00M | 452.90M | 449.60M | 404.90M | 937.50M | 590.90M | 383.70M | 364.80M | 813.40M | 341.40M | 472.00M |
| Interest Expense | 228.90M | 228.50M | — | 223.60M | 220.80M | 223.00M | — | 204.20M | 200.60M | 192.00M | 193.50M | 182.50M |
| Other Income (Expense) | -104.80M | -120.80M | -132.70M | -145.00M | -142.40M | -151.30M | -76.70M | -113.50M | -113.20M | -103.10M | -101.30M | -96.00M |
| Pretax Income | 328.00M | 859.20M | 320.20M | 304.60M | 262.50M | 786.20M | 514.20M | 270.20M | 251.60M | 710.30M | 240.10M | 376.00M |
| Income Tax | 27.00M | 53.10M | 3.40M | 34.40M | 19.50M | 60.70M | 61.10M | 31.60M | 41.60M | 87.70M | 21.60M | 60.40M |
| Net Income | 301.00M | 806.10M | 316.80M | 270.20M | 243.00M | 725.50M | 453.10M | 238.60M | 210.00M | 622.60M | 218.50M | 315.60M |
| Net Income growth (YoY) | +23.87% | +11.11% | -30.08% | +13.24% | +15.71% | +16.53% | +107.37% | -24.40% | -27.59% | +22.66% | -13.36% | +4.61% |
| EPS (Basic) | 0.92 | 2.47 | — | 0.84 | 0.77 | 2.28 | — | 0.76 | 0.67 | 1.97 | — | 1.00 |
| EPS (Diluted) | 0.91 | 2.45 | — | 0.83 | 0.76 | 2.27 | — | 0.76 | 0.67 | 1.97 | — | 1.00 |
| Shares Outstanding (Basic) | 325.80M | 325.60M | — | 323.50M | 320.30M | 318.20M | — | 316.20M | 315.90M | 315.60M | — | 315.40M |
| Shares Outstanding (Diluted) | 328.90M | 328.30M | — | 325.60M | 322.20M | 319.30M | — | 316.50M | 316.20M | 315.90M | — | 315.80M |
| EBITDA | 817.70M | 1.36B | 829.20M | 823.00M | 773.80M | 1.30B | 934.90M | 724.20M | 701.40M | 1.15B | 665.90M | 792.30M |
| Gross Margin | 73.06% | 59.50% | 63.68% | 71.10% | 71.61% | 62.99% | 67.67% | 72.05% | 73.49% | 65.41% | 65.68% | 69.99% |
| Operating Margin | 20.99% | 28.54% | 17.85% | 21.37% | 20.15% | 29.77% | 25.87% | 20.59% | 20.59% | 30.35% | 15.40% | 24.11% |
| Net Margin | 14.60% | 23.47% | 12.49% | 12.84% | 12.09% | 23.04% | 19.84% | 12.80% | 11.85% | 23.23% | 9.85% | 16.12% |
This table shows 12 quarterly periods of WEC Energy Group's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WEC's reporting calendar. What is a income statement?