# NorthWestern Energy Group, Inc.: financial statements, quarterly

NWE · Nasdaq · CIK 1993004 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nwe.md) · [Financials](/companies/nwe/financials.md) · [Filings](/companies/nwe/filings.md) · [Insiders](/companies/nwe/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/nwe/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [321](/filings/0001993004-24-000102.md) | [356](/filings/0001993004-25-000021.md) | [475](/filings/0001993004-25-000084.md) | [320](/filings/0001993004-25-000121.md) | [345](/filings/0001993004-25-000184.md) | [373](/filings/0001993004-26-000006.md) | [467](/filings/0001993004-26-000029.md) | [343](/filings/0001993004-26-000050.md) | [387](/filings/0001993004-25-000184.md) | [414](/filings/0001993004-26-000006.md) | [498](/filings/0001993004-26-000029.md) | [393](/filings/0001993004-26-000050.md) |
| Operating income | $m | [55.6](/filings/0001993004-24-000102.md) | [103](/filings/0001993004-25-000021.md) | [102](/filings/0001993004-25-000084.md) | [61.6](/filings/0001993004-25-000121.md) | [67.9](/filings/0001993004-25-000184.md) | [91.7](/filings/0001993004-26-000006.md) | [125](/filings/0001993004-26-000029.md) | [60.8](/filings/0001993004-26-000050.md) | [80.3](/filings/0001993004-25-000184.md) | [60.0](/filings/0001993004-26-000006.md) | [114](/filings/0001993004-26-000029.md) | [64.2](/filings/0001993004-26-000050.md) |
| Income tax | $m | [1.7](/filings/0001993004-24-000102.md) | [(6.5) d](/filings/0001993004-26-000006.md) | [10.3](/filings/0001993004-25-000084.md) | [4.2](/filings/0001993004-25-000121.md) | [(3.2)](/filings/0001993004-25-000184.md) | [(20.8) d](/filings/0001993004-26-000006.md) | [15.2](/filings/0001993004-26-000029.md) | [3.4](/filings/0001993004-26-000050.md) | [8.8](/filings/0001993004-25-000184.md) | [(20.9) d](/filings/0001993004-26-000006.md) | [13.8](/filings/0001993004-26-000029.md) | [3.5](/filings/0001993004-26-000050.md) |
| Net income | $m | [29.3](/filings/0001993004-24-000102.md) | [83.1](/filings/0001993004-25-000021.md) | [65.1](/filings/0001993004-25-000084.md) | [31.7](/filings/0001993004-25-000121.md) | [46.8](/filings/0001993004-25-000184.md) | [80.6](/filings/0001993004-26-000006.md) | [76.9](/filings/0001993004-26-000029.md) | [21.2](/filings/0001993004-26-000050.md) | [38.2](/filings/0001993004-25-000184.md) | [44.7](/filings/0001993004-26-000006.md) | [63.5](/filings/0001993004-26-000029.md) | [25.0](/filings/0001993004-26-000050.md) |
| Diluted EPS | $ per share | [0.48](/filings/0001993004-24-000102.md) | [1.37](/filings/0001993004-25-000021.md) | [1.06](/filings/0001993004-25-000084.md) | [0.52](/filings/0001993004-25-000121.md) | [0.76](/filings/0001993004-25-000184.md) | [1.31](/filings/0001993004-26-000006.md) | [1.25](/filings/0001993004-26-000029.md) | [0.35](/filings/0001993004-26-000050.md) | [0.62](/filings/0001993004-25-000184.md) | [0.72](/filings/0001993004-26-000006.md) | [1.03](/filings/0001993004-26-000029.md) | [0.40](/filings/0001993004-26-000050.md) |
| Basic EPS | $ per share | [0.48](/filings/0001993004-24-000102.md) | [1.37](/filings/0001993004-25-000021.md) | [1.06](/filings/0001993004-25-000084.md) | [0.52](/filings/0001993004-25-000121.md) | [0.76](/filings/0001993004-25-000184.md) | [1.32](/filings/0001993004-26-000006.md) | [1.25](/filings/0001993004-26-000029.md) | [0.35](/filings/0001993004-26-000050.md) | [0.62](/filings/0001993004-25-000184.md) | [0.73](/filings/0001993004-26-000006.md) | [1.03](/filings/0001993004-26-000029.md) | [0.41](/filings/0001993004-26-000050.md) |

- Revenue: us-gaap:Revenues
- Operating income: us-gaap:OperatingIncomeLoss
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [5.1](/filings/0001993004-24-000102.md) | [9.2](/filings/0001993004-26-000006.md) | [4.2](/filings/0001993004-25-000084.md) | [6.4](/filings/0001993004-25-000121.md) | [2.5](/filings/0001993004-25-000184.md) | [4.3](/filings/0001993004-26-000050.md) | [56.0](/filings/0001993004-26-000029.md) | [2.9](/filings/0001993004-26-000050.md) | [6.2](/filings/0001993004-25-000184.md) | [8.8](/filings/0001993004-26-000050.md) | [5.9](/filings/0001993004-26-000029.md) | [4.2](/filings/0001993004-26-000050.md) |
| Current assets | $m | [358](/filings/0001993004-23-000006.md) | [407](/filings/0001993004-25-000021.md) | [397](/filings/0001993004-24-000035.md) | [364](/filings/0001993004-24-000072.md) | [368](/filings/0001993004-24-000102.md) | [418](/filings/0001993004-26-000006.md) | [473](/filings/0001993004-25-000084.md) | [403](/filings/0001993004-25-000121.md) | [444](/filings/0001993004-25-000184.md) | [504](/filings/0001993004-26-000050.md) | [513](/filings/0001993004-26-000029.md) | [482](/filings/0001993004-26-000050.md) |
| Total assets | $m | [7,429](/filings/0001993004-24-000102.md) | [7,601](/filings/0001993004-25-000021.md) | [7,633](/filings/0001993004-24-000035.md) | [7,714](/filings/0001993004-24-000072.md) | [7,854](/filings/0001993004-24-000102.md) | [7,998](/filings/0001993004-26-000006.md) | [8,101](/filings/0001993004-25-000084.md) | [8,136](/filings/0001993004-25-000121.md) | [8,299](/filings/0001993004-25-000184.md) | [8,460](/filings/0001993004-26-000050.md) | [8,583](/filings/0001993004-26-000029.md) | [8,704](/filings/0001993004-26-000050.md) |
| Current liabilities | $m | [570](/filings/0001993004-23-000006.md) | [535](/filings/0001993004-25-000021.md) | [445](/filings/0001993004-24-000035.md) | [700](/filings/0001993004-24-000072.md) | [813](/filings/0001993004-24-000102.md) | [802](/filings/0001993004-26-000006.md) | [398](/filings/0001993004-25-000084.md) | [537](/filings/0001993004-25-000121.md) | [685](/filings/0001993004-25-000184.md) | [697](/filings/0001993004-26-000050.md) | [731](/filings/0001993004-26-000029.md) | [583](/filings/0001993004-26-000050.md) |
| Total liabilities | $m | [4,689](/filings/0001993004-23-000006.md) | [4,815](/filings/0001993004-25-000021.md) | [4,820](/filings/0001993004-24-000035.md) | [4,907](/filings/0001993004-24-000072.md) | [5,038](/filings/0001993004-24-000102.md) | [5,140](/filings/0001993004-26-000006.md) | [5,205](/filings/0001993004-25-000084.md) | [5,256](/filings/0001993004-25-000121.md) | [5,419](/filings/0001993004-25-000184.md) | [5,574](/filings/0001993004-26-000050.md) | [5,674](/filings/0001993004-26-000029.md) | [5,808](/filings/0001993004-26-000050.md) |
| Long-term debt | $m | [2,545](/filings/0001993004-23-000006.md) | [2,685](/filings/0001993004-25-000021.md) | [2,767](/filings/0001993004-24-000035.md) | [2,570](/filings/0001993004-24-000072.md) | [2,568](/filings/0001993004-24-000102.md) | [2,695](/filings/0001993004-26-000006.md) | [3,131](/filings/0001993004-25-000084.md) | [3,030](/filings/0001993004-25-000121.md) | [3,044](/filings/0001993004-25-000184.md) | [3,181](/filings/0001993004-26-000050.md) | [3,178](/filings/0001993004-26-000029.md) | [3,442](/filings/0001993004-26-000050.md) |
| Current portion of debt | $m | [99.9](/filings/0001993004-23-000006.md) | [100.0](/filings/0001993004-25-000021.md) | [0.0](/filings/0001993004-24-000035.md) | [225](/filings/0001993004-24-000072.md) | [300](/filings/0001993004-24-000102.md) | [300](/filings/0001993004-26-000006.md) | [0.0](/filings/0001993004-25-000084.md) | [60.0](/filings/0001993004-25-000121.md) | [105](/filings/0001993004-25-000184.md) | [105](/filings/0001993004-26-000050.md) | [105](/filings/0001993004-26-000029.md) | [45.0](/filings/0001993004-26-000050.md) |
| Short-term borrowings | $m | [0.0](/filings/0001993004-24-000102.md) | [0.0](/filings/0001993004-25-000021.md) | not reported | [100](/filings/0001993004-24-000072.md) | [100](/filings/0001993004-24-000102.md) | [100](/filings/0001993004-26-000006.md) | [0.0](/filings/0001993004-25-000084.md) | [100](/filings/0001993004-25-000121.md) | [150](/filings/0001993004-25-000184.md) | [150](/filings/0001993004-26-000050.md) | [150](/filings/0001993004-26-000029.md) | [100](/filings/0001993004-26-000050.md) |
| Shareholders' equity | $m | [2,740](/filings/0001993004-24-000102.md) | [2,785](/filings/0001993004-26-000006.md) | [2,813](/filings/0001993004-25-000121.md) | [2,807](/filings/0001993004-25-000184.md) | [2,816](/filings/0001993004-25-000184.md) | [2,858](/filings/0001993004-26-000050.md) | [2,896](/filings/0001993004-26-000050.md) | [2,880](/filings/0001993004-26-000050.md) | [2,880](/filings/0001993004-25-000184.md) | [2,886](/filings/0001993004-26-000050.md) | [2,909](/filings/0001993004-26-000050.md) | [2,895](/filings/0001993004-26-000050.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [133 d](/filings/0001993004-24-000102.md) | [62.3 d](/filings/0001993004-26-000006.md) | [162](/filings/0001993004-25-000084.md) | [62.3 d](/filings/0001993004-25-000121.md) | [120 d](/filings/0001993004-25-000184.md) | [62.8 d](/filings/0001993004-26-000006.md) | [153](/filings/0001993004-26-000029.md) | [58.2 d](/filings/0001993004-26-000050.md) | [127 d](/filings/0001993004-25-000184.md) | [56.2 d](/filings/0001993004-26-000006.md) | [159](/filings/0001993004-26-000029.md) | [73.8 d](/filings/0001993004-26-000050.md) |
| Capital expenditure | $m | [144 d](/filings/0001993004-24-000102.md) | [160 d](/filings/0001993004-26-000006.md) | [109](/filings/0001993004-25-000084.md) | [139 d](/filings/0001993004-25-000121.md) | [153 d](/filings/0001993004-25-000184.md) | [149 d](/filings/0001993004-26-000006.md) | [92.1](/filings/0001993004-26-000029.md) | [129 d](/filings/0001993004-26-000050.md) | [154 d](/filings/0001993004-25-000184.md) | [150 d](/filings/0001993004-26-000006.md) | [116](/filings/0001993004-26-000029.md) | [189 d](/filings/0001993004-26-000050.md) |
| Dividends paid | $m | [39.0 d](/filings/0001993004-24-000102.md) | [39.0 d](/filings/0001993004-26-000006.md) | [39.6](/filings/0001993004-25-000084.md) | [39.6 d](/filings/0001993004-25-000121.md) | [39.7 d](/filings/0001993004-25-000184.md) | [39.7 d](/filings/0001993004-26-000006.md) | [40.3](/filings/0001993004-26-000029.md) | [40.3 d](/filings/0001993004-26-000050.md) | [40.4 d](/filings/0001993004-25-000184.md) | [40.4 d](/filings/0001993004-26-000006.md) | [41.0](/filings/0001993004-26-000029.md) | [41.1 d](/filings/0001993004-26-000050.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock

## Shares

| Line item | Unit | period not labelled (2022-09-30) | period not labelled (2023-03-31) | period not labelled (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [56.6](/filings/0001993004-23-000006.md) | [59.8](/filings/0001993004-24-000035.md) | [59.8](/filings/0001993004-24-000072.md) | [60.5](/filings/0001993004-24-000102.md) | [61.3](/filings/0001993004-25-000084.md) | [61.4](/filings/0001993004-25-000121.md) | [61.4](/filings/0001993004-25-000184.md) | [61.4](/filings/0001993004-26-000029.md) | [61.5](/filings/0001993004-26-000050.md) | [61.6](/filings/0001993004-25-000184.md) | [61.6](/filings/0001993004-26-000029.md) | [61.8](/filings/0001993004-26-000050.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 61,517,850 at 2026-07-24, from the cover of the [10-Q filed 2026-07-30](/filings/0001993004-26-000050.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.