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NorthWestern Energy (NWE) Operating Expenses (2022 - 2026)

NorthWestern Energy filings provide 5 years of Operating Expenses readings, the most recent being $383.5 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 12.15% to $383.5 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.3 billion, a 14.41% increase, with the full-year FY2025 number at $1.3 billion, up 7.91% from a year prior.
  • Operating Expenses hit $383.5 million in Q1 2026 for NorthWestern Energy, up from $354.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $383.5 million in Q1 2026 to a low of $244.9 million in Q2 2023.
  • Median Operating Expenses over the past 5 years was $286.8 million (2022), compared with a mean of $307.3 million.
  • Biggest five-year swings in Operating Expenses: decreased 26.08% in 2023 and later increased 25.72% in 2025.
  • NorthWestern Energy's Operating Expenses stood at $342.1 million in 2022, then decreased by 26.08% to $252.8 million in 2023, then rose by 11.44% to $281.8 million in 2024, then increased by 25.72% to $354.2 million in 2025, then increased by 8.25% to $383.5 million in 2026.
  • The last three reported values for Operating Expenses were $383.5 million (Q1 2026), $354.2 million (Q4 2025), and $306.7 million (Q3 2025) per Business Quant data.