Wec Energy (WEC) Operating Expenses (2009 - 2026)
Wec Energy (WEC) posted Operating Expenses of $2.5 billion for Q1 2026, up 17.75% on a QoQ basis from $2.1 billion in Q4 2025, and up 10.95% year-over-year from $2.2 billion in Q1 2025.
Wec Energy (WEC) Operating Expenses (2009 - 2026) Analysis & Trends
Wec Energy's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.5 billion for Q1 2026.
- Quarterly Operating Expenses rose 10.95% year-over-year to $2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.8 billion (up 14.8% YoY) and the FY2025 annual result came in at $7.6 billion, up 17.19% from the prior year.
- Operating Expenses was $2.5 billion for Q1 2026 at Wec Energy, up from $2.1 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.
- A 5-year average of $1.8 billion and a median of $1.7 billion in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 31.54% — and 2023, when it fell 18.32%.
- Wec Energy's 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 advanced by 17.75% to $2.5 billion in 2026.
- Business Quant data shows WEC's Operating Expenses at $2.5 billion in Q1 2026, $2.1 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 616.18 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 3.63 Bn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 3.27 Bn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 2.45 Bn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 1.64 Bn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 2.46 Bn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 3.37 Bn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 128.34 Mn |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 2.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.31 Bn |