NorthWestern Energy (NWE) Net Income (2022 - 2026)
NorthWestern Energy's (NWE) quarterly Net Income came in at $25.0 million in Q2 2026, up 17.74% YoY from $21.2 million in Q2 2025, and down 60.61% on a QoQ basis from $63.5 million in Q1 2026.
NorthWestern Energy (NWE) Net Income (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of Net Income data on file, last reported at $25.0 million in Q2 2026.
- Quarterly Net Income rose 17.74% year-over-year to $25.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $171.4 million (down 24.02% YoY) and the FY2025 annual result came in at $181.1 million, down 19.2% from the prior year.
- Net Income slipped to $25.0 million in Q2 2026, from $63.5 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $83.1 million in Q4 2023 to a low of $19.1 million in Q2 2023.
- A 5-year average of $48.9 million and a median of $45.8 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2024 — Net Income surged 65.52% — and 2025, when it slumped 44.52%.
- Tracing NWE's Net Income over 5 years: stood at $66.7 million in 2022, then increased by 24.57% to $83.1 million in 2023, then dropped by 3.12% to $80.6 million in 2024, then tumbled by 44.52% to $44.7 million in 2025, then plunged by 44.07% to $25.0 million in 2026.
- The last three Net Income figures came in at $25.0 million (Q2 2026), $63.5 million (Q1 2026), and $44.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 617.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 586.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 301.00 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 316.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 332.55 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 561.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 352.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 270.37 Mn |
| 10 | NorthWestern Energy | 4.27 Bn | 4.27 Bn | 302.78 Mn | 24.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.99 Mn |
| Mar 31, 2026 | 63.46 Mn |
| Dec 31, 2025 | 44.69 Mn |
| Sep 30, 2025 | 38.23 Mn |
| Jun 30, 2025 | 21.23 Mn |
| Mar 31, 2025 | 76.94 Mn |
| Dec 31, 2024 | 80.55 Mn |
| Sep 30, 2024 | 46.82 Mn |
| Jun 30, 2024 | 31.65 Mn |
| Mar 31, 2024 | 65.09 Mn |
| Dec 31, 2023 | 83.14 Mn |
| Sep 30, 2023 | 29.34 Mn |
| Jun 30, 2023 | 19.12 Mn |
| Mar 31, 2023 | 62.53 Mn |
| Dec 31, 2022 | 66.74 Mn |
| Sep 30, 2022 | 27.37 Mn |