FY2025 · ended Dec 31, 2025 · Revenue $1.61B, +6.4% YoY · Filed Feb 12, 2026
Northwestern Energy Group, Inc. (NWE) files with the SEC under industry code 4931, Electric & Other Services Combined. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.6 billion and net income of $181.1 million. Free cash flow was -$130.0 million. As of Jun 30, 2026 it held $4.2 million in cash and investments and $3.6 billion in total debt.
Revenue (TTM)
$1.69B
+10.7% vs year-ago TTM
Net income (TTM)
$171.37M
-24.0% vs year-ago TTM
Operating cash flow (TTM)
$416.09M
+5.5% vs year-ago TTM
Free cash flow (TTM)
$-192.16M
-49.6% vs year-ago TTM
EPS (TTM)
$2.78
-24.3% vs year-ago TTM
Dividend per share (TTM)
$2.66
+1.5% vs year-ago TTM
Shares outstanding
61.44M
+0.2% vs prior year
Net cash
$-3.59B
as of Jun 30, 2026
Operating margin
18.8%
FY 2026
Company profile
- Industry
- Electric & Other Services Combined (SIC 4931)
- Listed as
- NWE (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Sioux Falls, SD
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1993004
Other Electric & Other Services Combined companies
- Duke Energy CORP DUK
- Xcel Energy Inc XEL
- Exelon Corp EXC
- Consolidated Edison Inc ED
- PG&E Corp PCG
- Wec Energy Group, Inc. WEC
- Public Service Enterprise Group Inc PEG
- Ameren Corp AEE
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.4B |
| Operating income | $325.8M | $323.3M | $300.5M |
| Net income | $181.1M | $224.1M | $194.1M |
| Diluted EPS | $2.94 | $3.65 | $3.22 |
| Operating cash flow | $394.5M | $406.7M | $489.2M |
| Free cash flow | -$130.0M | -$142.5M | -$77.7M |
| Total assets | $8.5B | $8.0B | $7.6B |
| Total liabilities | $5.6B | $5.1B | $4.8B |
| Stockholders' equity | $2.9B | $2.9B | $2.8B |
| Cash and investments | $8.8M | $4.3M | $9.2M |
| Total debt | $3.4B | $3.1B | $2.8B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 9, 2026 | Sep 9, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 30, 2026 | Jul 29, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Jun 22, 2026 | Jun 15, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Jun 2, 2026 | May 27, 2026 |
All 317 Northwestern Energy Group, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.