Financial insights of WEC

MyFinsight

For the quarter ending 2026-03-31, WEC made $3,434,200K in revenue. $804,400K in net income. Net profit margin of 23.42%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Operating revenues	3,434,200	2,537,100	2,104,000	2,009,500
Cost of sales	1,391,000	921,500	608,100	570,500
Other operation and maintenance	608,700	591,500	605,100	596,200
Impairments related to illinois segment	-	130,000	-	-
Depreciation and amortization	379,800	376,300	373,400	368,900
Property and revenue taxes	74,700	64,900	67,800	69,000
Total operating expenses	2,454,200	2,084,200	1,654,400	1,604,600
Operating income	980,000	452,900	449,600	404,900
Equity in earnings of transmission affiliates	59,500	55,500	54,800	51,900
Other income, net	48,200	39,500	23,800	26,500
Interest expense	-	227,700*	-	-
Gain on debt extinguishments	-	0*	-	-
Interest expense	228,500	-	223,600	220,800
Other expense	-120,800	-132,700	-145,000	-142,400
Income before income taxes	859,200	320,200	304,600	262,500
Income tax expense	53,100	3,400	34,400	19,500
Net income	806,100	316,800	270,200	243,000
Preferred stock dividends of subsidiary	300	300	300	300
Net income attributed to noncontrolling interests	1,400	-100	-1,400	-2,700
Net income attributed to common shareholders	804,400	316,600	271,300	245,400

Basic EPS	-	0.972	-	-
Diluted EPS	-	0.965	-	-
Basic Average Shares	325,600,000	325,600,000	323,500,000	320,300,000
Diluted Average Shares	328,300,000	328,100,000	325,600,000	322,200,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.