10-Q quarterly report · filed Jul 30, 2026

NorthWestern Energy Group, Inc. (NWE) Q2 2026 10-Q Quarterly Report

Short answer

NorthWestern Energy Group, Inc. (NWE) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $393M (up 14.6% year over year) with net income of $25M.

Q2 2026 key financials · XBRL

Revenue
$393M
+14.6% YoY · −21.1% QoQ
Net income
$25M
+17.7% YoY · −60.6% QoQ
Operating margin
16.4%
EPS (diluted)
$0.40
+14.3% YoY · −61.2% QoQ

Source: XBRL data from the NorthWestern Energy Group, Inc. (NWE) Q2 2026 10-Q on SEC EDGAR. USD.

NorthWestern Energy Group, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $392.6M vs $342.7M YoY, up $49.9M
  • Gross margin 27.2% vs 27.6% YoY; net income $25.0M vs $21.2M
  • Best segment Electric utility margin $251.4M, up 14.4%; Natural Gas $51.4M, up 8.0%
  • Operating expenses $238.6M vs $206.7M; interest expense $40.3M vs $36.3M
  • Data-center demand outlook 150 MW late 2027, potentially 1,500 MW or more by 2030; merger expected by year-end 2026

Risk Factors

  • No material changes to risk factors from the December 31, 2025 Form 10-K
  • No newly added risk factor or quarter-specific trigger disclosed
  • Carried-forward regulatory, operational, market, and financial risks remain incorporated by reference to the 2025 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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