NorthWestern Energy (NWE) Cost of Revenue (2022 - 2026)

NorthWestern Energy (NWE) has 5 years of Cost of Revenue data on file, last reported at $89.8 million in Q2 2026.

• Quarterly Cost of Revenue rose 19.33% year-over-year to $89.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $431.7 million (up 8.99% YoY) and the FY2025 annual result came in at $409.8 million, down 5.55% from the prior year.
• Cost of Revenue slipped to $89.8 million in Q2 2026, from $145.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $174.7 million in Q1 2024 to a low of $67.6 million in Q2 2023.
• A 5-year average of $110.1 million and a median of $96.5 million in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2023 — Cost of Revenue slumped 35.79% — and 2026, when it climbed 19.33%.
• Tracing NWE's Cost of Revenue over 5 years: stood at $153.0 million in 2022, then tumbled by 35.79% to $98.2 million in 2023, then slipped by 3.58% to $94.7 million in 2024, then climbed by 15.44% to $109.4 million in 2025, then decreased by 17.86% to $89.8 million in 2026.
• The last three Cost of Revenue figures came in at $89.8 million (Q2 2026), $145.6 million (Q1 2026), and $109.4 million (Q4 2025), per Business Quant data.