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

WEC · NYSE · CIK 783325 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/wec.md) · [Financials](/companies/wec/financials.md) · [Filings](/companies/wec/filings.md) · [Insiders](/companies/wec/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/wec/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 | [1,957](/filings/0000107815-24-000248.md) | [2,218 d](/filings/0000783325-26-000018.md) | [2,680](/filings/0000107815-25-000182.md) | [1,772](/filings/0000783325-25-000030.md) | [1,864](/filings/0000783325-25-000060.md) | [2,284 d](/filings/0000783325-26-000018.md) | [3,150](/filings/0000783325-26-000052.md) | [2,010](/filings/0000783325-26-000087.md) | [2,104](/filings/0000783325-25-000060.md) | [2,537 d](/filings/0000783325-26-000018.md) | [3,434](/filings/0000783325-26-000052.md) | [2,062](/filings/0000783325-26-000087.md) |
| Cost of revenue | $m | [587](/filings/0000107815-24-000248.md) | [761 d](/filings/0000783325-26-000018.md) | [927](/filings/0000107815-25-000182.md) | [470](/filings/0000783325-25-000030.md) | [521](/filings/0000783325-25-000060.md) | [738 d](/filings/0000783325-26-000018.md) | [1,166](/filings/0000783325-26-000052.md) | [571](/filings/0000783325-26-000087.md) | [608](/filings/0000783325-25-000060.md) | [922 d](/filings/0000783325-26-000018.md) | [1,391](/filings/0000783325-26-000052.md) | [556](/filings/0000783325-26-000087.md) |
| Operating income | $m | [472](/filings/0000107815-24-000248.md) | [341 d](/filings/0000783325-26-000018.md) | [813](/filings/0000107815-25-000182.md) | [365](/filings/0000783325-25-000030.md) | [384](/filings/0000783325-25-000060.md) | [591 d](/filings/0000783325-26-000018.md) | [938](/filings/0000783325-26-000052.md) | [405](/filings/0000783325-26-000087.md) | [450](/filings/0000783325-25-000060.md) | [453 d](/filings/0000783325-26-000018.md) | [980](/filings/0000783325-26-000052.md) | [433](/filings/0000783325-26-000087.md) |
| Interest expense | $m | [183](/filings/0000107815-24-000248.md) | [194 d](/filings/0000107815-24-000095.md) | [192](/filings/0000107815-25-000182.md) | [201](/filings/0000783325-25-000030.md) | [204](/filings/0000783325-25-000060.md) | [219 d](/filings/0000783325-26-000018.md) | [223](/filings/0000783325-26-000052.md) | [221](/filings/0000783325-26-000087.md) | [224](/filings/0000783325-25-000060.md) | [228 d](/filings/0000783325-26-000018.md) | [229](/filings/0000783325-26-000052.md) | [229](/filings/0000783325-26-000087.md) |
| Income tax | $m | [60.4](/filings/0000107815-24-000248.md) | [21.6 d](/filings/0000783325-26-000018.md) | [87.7](/filings/0000107815-25-000182.md) | [41.6](/filings/0000783325-25-000030.md) | [31.6](/filings/0000783325-25-000060.md) | [61.1 d](/filings/0000783325-26-000018.md) | [60.7](/filings/0000783325-26-000052.md) | [19.5](/filings/0000783325-26-000087.md) | [34.4](/filings/0000783325-25-000060.md) | [3.4 d](/filings/0000783325-26-000018.md) | [53.1](/filings/0000783325-26-000052.md) | [27.0](/filings/0000783325-26-000087.md) |
| Net income | $m | [316](/filings/0000107815-24-000248.md) | [219 d](/filings/0000783325-26-000018.md) | [623](/filings/0000107815-25-000182.md) | [210](/filings/0000783325-25-000030.md) | [239](/filings/0000783325-25-000060.md) | [453 d](/filings/0000783325-26-000018.md) | [726](/filings/0000783325-26-000052.md) | [243](/filings/0000783325-26-000087.md) | [270](/filings/0000783325-25-000060.md) | [317 d](/filings/0000783325-26-000018.md) | [806](/filings/0000783325-26-000052.md) | [301](/filings/0000783325-26-000087.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Basic EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:ProfitLoss
- Diluted EPS: not reported
- Basic EPS: not reported

## 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 | $bn | [0.0](/filings/0000107815-23-000226.md) | [0.0](/filings/0000783325-26-000018.md) | [0.0](/filings/0000107815-24-000155.md) | [0.2](/filings/0000107815-24-000203.md) | [0.3](/filings/0000107815-24-000248.md) | [0.0](/filings/0000783325-26-000018.md) | [0.1](/filings/0000107815-25-000182.md) | [0.0](/filings/0000783325-25-000030.md) | [0.1](/filings/0000783325-25-000060.md) | [0.0](/filings/0000783325-26-000087.md) | [0.0](/filings/0000783325-26-000052.md) | [0.1](/filings/0000783325-26-000087.md) |
| Current assets | $bn | [2.4](/filings/0000107815-23-000226.md) | [2.8](/filings/0000107815-25-000103.md) | [2.6](/filings/0000107815-24-000155.md) | [2.6](/filings/0000107815-24-000203.md) | [2.6](/filings/0000107815-24-000248.md) | [2.9](/filings/0000783325-26-000018.md) | [2.9](/filings/0000107815-25-000182.md) | [2.6](/filings/0000783325-25-000030.md) | [2.5](/filings/0000783325-25-000060.md) | [3.3](/filings/0000783325-26-000087.md) | [3.0](/filings/0000783325-26-000052.md) | [2.8](/filings/0000783325-26-000087.md) |
| Total assets | $bn | [43.4](/filings/0000107815-23-000226.md) | [43.9](/filings/0000783325-26-000018.md) | [43.9](/filings/0000107815-25-000182.md) | [44.6](/filings/0000783325-25-000030.md) | [45.2](/filings/0000783325-25-000060.md) | [47.4](/filings/0000783325-26-000018.md) | [48.2](/filings/0000783325-26-000052.md) | [48.5](/filings/0000783325-26-000087.md) | [49.8](/filings/0000783325-25-000060.md) | [51.5](/filings/0000783325-26-000087.md) | [51.7](/filings/0000783325-26-000052.md) | [52.8](/filings/0000783325-26-000087.md) |
| Current liabilities | $bn | [4.1](/filings/0000107815-23-000226.md) | [5.1](/filings/0000107815-25-000103.md) | [4.7](/filings/0000107815-24-000155.md) | [3.5](/filings/0000107815-24-000203.md) | [4.0](/filings/0000107815-24-000248.md) | [4.8](/filings/0000783325-26-000018.md) | [5.9](/filings/0000107815-25-000182.md) | [4.7](/filings/0000783325-25-000030.md) | [5.1](/filings/0000783325-25-000060.md) | [5.6](/filings/0000783325-26-000087.md) | [4.4](/filings/0000783325-26-000052.md) | [5.2](/filings/0000783325-26-000087.md) |
| Long-term debt | $bn | not reported | [15.4](/filings/0000107815-25-000103.md) | not reported | not reported | not reported | [17.2](/filings/0000783325-26-000018.md) | [16.2](/filings/0000107815-25-000182.md) | [17.1](/filings/0000783325-25-000030.md) | [17.7](/filings/0000783325-25-000060.md) | [18.5](/filings/0000783325-26-000087.md) | [19.4](/filings/0000783325-26-000052.md) | [19.2](/filings/0000783325-26-000087.md) |
| Current portion of debt | $bn | not reported | [1.3](/filings/0000107815-25-000103.md) | not reported | [1.2](/filings/0000107815-24-000203.md) | [1.8](/filings/0000107815-24-000248.md) | [1.7](/filings/0000783325-26-000018.md) | [2.7](/filings/0000107815-25-000182.md) | [2.3](/filings/0000783325-25-000030.md) | [1.9](/filings/0000783325-25-000060.md) | [1.5](/filings/0000783325-26-000087.md) | [0.5](/filings/0000783325-26-000052.md) | [1.4](/filings/0000783325-26-000087.md) |
| Short-term borrowings | $bn | [1.5](/filings/0000107815-23-000226.md) | [2.0](/filings/0000107815-25-000103.md) | [2.6](/filings/0000107815-24-000155.md) | [0.8](/filings/0000107815-24-000203.md) | [0.6](/filings/0000107815-24-000248.md) | [1.1](/filings/0000783325-26-000018.md) | [1.3](/filings/0000107815-25-000182.md) | [0.8](/filings/0000783325-25-000030.md) | [1.3](/filings/0000783325-25-000060.md) | [1.9](/filings/0000783325-26-000087.md) | [2.0](/filings/0000783325-26-000052.md) | [1.9](/filings/0000783325-26-000087.md) |
| Shareholders' equity | $bn | [12.1](/filings/0000107815-24-000248.md) | [12.1](/filings/0000783325-26-000018.md) | [12.4](/filings/0000783325-25-000060.md) | [12.4](/filings/0000783325-25-000060.md) | [12.4](/filings/0000783325-25-000060.md) | [12.8](/filings/0000783325-26-000087.md) | [13.4](/filings/0000783325-26-000087.md) | [13.7](/filings/0000783325-26-000087.md) | [14.0](/filings/0000783325-25-000060.md) | [14.1](/filings/0000783325-26-000087.md) | [14.6](/filings/0000783325-26-000087.md) | [14.6](/filings/0000783325-26-000087.md) |

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

## 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 | [784 d](/filings/0000107815-24-000248.md) | [480 d](/filings/0000783325-26-000018.md) | [864](/filings/0000107815-25-000182.md) | [1,037 d](/filings/0000783325-25-000030.md) | [729 d](/filings/0000783325-25-000060.md) | [582 d](/filings/0000783325-26-000018.md) | [1,163](/filings/0000783325-26-000052.md) | [853 d](/filings/0000783325-26-000087.md) | [939 d](/filings/0000783325-25-000060.md) | [425 d](/filings/0000783325-26-000018.md) | [1,218](/filings/0000783325-26-000052.md) | [992 d](/filings/0000783325-26-000087.md) |
| Capital expenditure | $m | [656 d](/filings/0000107815-24-000248.md) | not reported | [445](/filings/0000107815-25-000182.md) | [694 d](/filings/0000783325-25-000030.md) | [796 d](/filings/0000783325-25-000060.md) | not reported | [701](/filings/0000783325-26-000052.md) | [829 d](/filings/0000783325-26-000087.md) | [1,565 d](/filings/0000783325-25-000060.md) | not reported | [818](/filings/0000783325-26-000052.md) | [1,262 d](/filings/0000783325-26-000087.md) |
| Dividends paid | $m | [246 d](/filings/0000107815-24-000248.md) | [246 d](/filings/0000783325-26-000018.md) | [264](/filings/0000107815-25-000182.md) | [264 d](/filings/0000783325-25-000030.md) | [264 d](/filings/0000783325-25-000060.md) | [265 d](/filings/0000783325-26-000018.md) | [284](/filings/0000783325-26-000052.md) | [285 d](/filings/0000783325-26-000087.md) | [289 d](/filings/0000783325-25-000060.md) | [290 d](/filings/0000783325-26-000018.md) | [310](/filings/0000783325-26-000052.md) | [310 d](/filings/0000783325-26-000087.md) |
| Share repurchases | $m | [1.2 d](/filings/0000107815-24-000248.md) | [5.9 d](/filings/0000783325-26-000018.md) | [2.0](/filings/0000107815-25-000182.md) | [1.2 d](/filings/0000783325-25-000030.md) | [0.0 d](/filings/0000783325-25-000060.md) | [0.0 d](/filings/0000783325-26-000018.md) | [1.3](/filings/0000107815-25-000182.md) | [0.0 d](/filings/0000783325-25-000030.md) | [0.0 d](/filings/0000783325-25-000060.md) | [0.0 d](/filings/0000783325-26-000018.md) | not reported | not reported |

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

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (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 | [316](/filings/0000107815-23-000226.md) | [316](/filings/0000107815-24-000155.md) | [316](/filings/0000107815-24-000203.md) | [316](/filings/0000107815-24-000248.md) | [316](/filings/0000107815-25-000182.md) | [316](/filings/0000783325-25-000030.md) | [317](/filings/0000783325-25-000060.md) | [319](/filings/0000783325-26-000052.md) | [322](/filings/0000783325-26-000087.md) | [326](/filings/0000783325-25-000060.md) | [328](/filings/0000783325-26-000052.md) | [329](/filings/0000783325-26-000087.md) |

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

Shares outstanding: 325,849,383 at 2026-06-30, from the cover of the [10-Q filed 2026-08-04](/filings/0000783325-26-000087.md) (dei:EntityCommonStockSharesOutstanding).

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