Total Revenue was the largest of NorthWestern Energy Group, Inc.’s 3 reported lines in fiscal 2025, at $1.27B — 44% of $2.88B.
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Total Revenue | — | $1.07B | $1.20B | $1.27B | |
| Electric | $1.11B | $1.07B | $1.20B | $1.27B | |
| Gas Domestic Regulated | $371.27M | $353.31M | $313.20M | $340.60M | |
| Total | $1.48B | $2.49B | $2.71B | $2.88B |
In fiscal 2025, which ended December 31, 2025, the 3 revenue lines NorthWestern Energy Group, Inc. reported in this breakdown added up to $2.88B. That was up 6.1% from $2.71B in fiscal 2024. Total Revenue was the largest revenue line, at $1.27B or 44.1% of the total, followed by Electric ($1.27B, 44.1%) and Gas Domestic Regulated ($340.60M, 11.8%). Together, the two largest revenue lines made up 88.2% of this total.
Compared with fiscal 2024, Gas Domestic Regulated grew the fastest, rising 8.8% to $340.60M. Every sizeable revenue line reported in both years grew.
Total Revenue was first reported as a separate revenue line in fiscal 2023. This breakdown covers every fiscal year from 2021 to 2025, as reported in NorthWestern Energy Group, Inc.'s annual filings.
Electric was the largest of NorthWestern Energy Group, Inc.’s 2 reported lines in fiscal 2025, at $1.27B — 79% of $1.61B.
| Segment | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Electric | $1.11B | $1.07B | $1.20B | $1.27B | |
| Natural Gas | $371.20M | $353.31M | $313.20M | $340.60M | |
| Total | $1.48B | $1.42B | $1.51B | $1.61B |
In fiscal 2025, which ended December 31, 2025, the 2 segments NorthWestern Energy Group, Inc. reported in this breakdown added up to $1.61B. That is less than the $2.88B in its breakdown by revenue line, so these segments do not account for all of its revenue that year. Electric was the largest segment, at $1.27B or 78.9% of the total, followed by Natural Gas ($340.60M, 21.1%).
Compared with fiscal 2024, Natural Gas grew the fastest, rising 8.8% to $340.60M.
This breakdown covers every fiscal year from 2021 to 2025, as reported in NorthWestern Energy Group, Inc.'s annual filings.
NorthWestern Energy Group, Inc. (NWE) breaks its revenue down by revenue line and segment. In fiscal 2025, its largest revenue line was Total Revenue, with $1.27B or 44.1% of the total, followed by Electric at $1.27B (44.1%).
Total Revenue was NorthWestern Energy Group, Inc.'s largest revenue line in fiscal 2025, with $1.27B in revenue, 44.1% of the $2.88B reported across its 3 revenue lines.
Electric was NorthWestern Energy Group, Inc.'s largest segment in fiscal 2025, with $1.27B in revenue, 78.9% of the $1.61B reported across its 2 segments.
Of the NorthWestern Energy Group, Inc. revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Gas Domestic Regulated grew the fastest, rising 8.8% from $313.20M to $340.60M.
Every figure is taken from NorthWestern Energy Group, Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2021 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.