KPIs & Operating Metrics(New)

NorthWestern Energy (NWE) Cost of Revenue (2022 - 2025)

NorthWestern Energy (NWE) has disclosed Cost of Revenue for 4 consecutive years, with -$15.5 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 86.09% year-over-year to -$15.5 million, compared with a TTM value of $284.9 million through Dec 2025, up 223.1%, and an annual FY2025 reading of $284.9 million, up 25.06% over the prior year.
  • Cost of Revenue was -$15.5 million for Q4 2025 at NorthWestern Energy, down from $86.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $165.5 million in Q1 2023 and bottomed at -$111.3 million in Q4 2024.
  • Average Cost of Revenue over 4 years is $50.3 million, with a median of $57.4 million recorded in 2024.
  • The sharpest move saw Cost of Revenue tumbled 187.48% in 2023, then skyrocketed 155.06% in 2025.
  • Year by year, Cost of Revenue stood at $60.6 million in 2022, then crashed by 187.48% to -$53.0 million in 2023, then crashed by 109.72% to -$111.3 million in 2024, then skyrocketed by 86.09% to -$15.5 million in 2025.
  • Business Quant data shows Cost of Revenue for NWE at -$15.5 million in Q4 2025, $86.9 million in Q3 2025, and $75.3 million in Q2 2025.