Wec Energy (WEC) Operating Expenses (2009 - 2026)
Wec Energy's (WEC) quarterly Operating Expenses came in at $1.6 billion in Q2 2026, up 1.54% on a YoY basis from $1.6 billion in Q2 2025, and down 33.61% quarter-over-quarter from $2.5 billion in Q1 2026.
Analysis
Wec Energy (WEC) Operating Expenses (2009 - 2026) Analysis & Trends
Wec Energy (WEC) has reported Operating Expenses for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 1.54% year-over-year to $1.6 billion; the trailing twelve-month figure through Jun 2026 stood at $7.8 billion (up 11.91% YoY), and the FY2025 full-year result was $7.6 billion, up 17.19% from the prior year.
- Operating Expenses declined to $1.6 billion in Q2 2026 per WEC's latest filing, from $2.5 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.5 billion in Q1 2026 and bottomed at $1.4 billion in Q2 2023.
- Historically, Operating Expenses has averaged $1.8 billion across 5 years, with a median of $1.7 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 31.54% in 2022, then dropped 18.32% in 2023.
- Over 5 years, Operating Expenses stood at $2.2 billion in 2022, then declined by 13.86% to $1.9 billion in 2023, then dropped by 9.74% to $1.7 billion in 2024, then grew by 23.09% to $2.1 billion in 2025, then slipped by 21.83% to $1.6 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.6 billion, $2.5 billion, and $2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | -140.00 Mn |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 4.15 Bn |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 2.41 Bn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 1.63 Bn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 1.63 Bn |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 3.00 Bn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | - |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 3.27 Bn |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 3.81 Bn |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 3.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63 Bn |
| Mar 31, 2026 | 2.45 Bn |
| Dec 31, 2025 | 2.08 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 1.60 Bn |
| Mar 31, 2025 | 2.21 Bn |
| Dec 31, 2024 | 1.69 Bn |
| Sep 30, 2024 | 1.48 Bn |
| Jun 30, 2024 | 1.41 Bn |
| Mar 31, 2024 | 1.87 Bn |
| Dec 31, 2023 | 1.88 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 1.40 Bn |
| Mar 31, 2023 | 2.22 Bn |
| Dec 31, 2022 | 2.18 Bn |
| Sep 30, 2022 | 1.60 Bn |
| Jun 30, 2022 | 1.72 Bn |
| Mar 31, 2022 | 2.18 Bn |
| Dec 31, 2021 | 1.88 Bn |
| Sep 30, 2021 | 1.36 Bn |