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

NorthWestern Energy's Cost of Revenue history runs 5 years deep, the most recent figure standing at $145.6 million for Q1 2026.

• Quarterly Cost of Revenue rose 5.33% year-over-year to $145.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $417.1 million (up 4.99% YoY) and the FY2025 annual result came in at $409.8 million, down 5.55% from the prior year.
• Cost of Revenue was $145.6 million for Q1 2026 at NorthWestern Energy, up from $109.4 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $174.7 million in Q1 2024 and bottomed at $67.6 million in Q2 2023.
• A 5-year average of $111.4 million and a median of $98.2 million in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2023 — Cost of Revenue sank 35.79% — and 2025, when it climbed 15.44%.
• NorthWestern Energy's Cost of Revenue stood at $153.0 million in 2022, then sank by 35.79% to $98.2 million in 2023, then declined by 3.58% to $94.7 million in 2024, then increased by 15.44% to $109.4 million in 2025, then jumped by 33.11% to $145.6 million in 2026.
• Business Quant data shows NWE's Cost of Revenue at $145.6 million in Q1 2026, $109.4 million in Q4 2025, and $86.9 million in Q3 2025.