WEC Energy Group, Inc. (WEC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 3.43B | 2.54B | 2.1B | 2.01B | 3.15B | 2.28B | 1.86B | 1.77B | 2.68B | 2.22B | 1.96B | 1.83B | 2.89B | 2.56B | 2B | 2.13B | 2.91B | 2.2B | 1.75B | 1.68B |
| Revenue Growth % | 9.04% | 11.07% | 12.91% | 13.4% | 17.51% | 3.01% | -4.8% | -3.17% | -7.2% | -13.32% | -2.28% | -14% | -0.69% | 16.19% | 14.69% | 26.95% | 8.05% | 13.89% | 5.78% | 8.23% |
| Cost of Revenue | 1.39B | 1.3B | 608.1M | 1.17B | 1.77B | 1.27B | 1.09B | 1B | 1.46B | 1.31B | 1.1B | 1.03B | 1.84B | 1.82B | 1.26B | 1.38B | 1.84B | 1.55B | 1.03B | 989.7M |
| Gross Profit | 2.04B | 1.24B | 1.5B | 842.8M | 1.38B | 1.02B | 775.9M | 768.9M | 1.22B | 902.5M | 853.4M | 801M | 1.04B | 742.7M | 743.6M | 743.9M | 1.07B | 655M | 712.1M | 686.5M |
| Gross Margin % | 59.5% | 48.85% | 71.1% | 41.94% | 43.68% | 44.6% | 41.64% | 43.39% | 45.6% | 40.7% | 43.6% | 43.77% | 36.16% | 29.03% | 37.12% | 34.96% | 36.8% | 29.75% | 40.77% | 40.96% |
| Gross Profit Growth % | 48.51% | 21.64% | 92.8% | 9.61% | 12.56% | 12.89% | -9.08% | -4.01% | 17.03% | 21.52% | 14.77% | 7.68% | -2.42% | 13.39% | 4.42% | 8.36% | 13.15% | -2.41% | 6.36% | 8.78% |
| Operating Expenses | 1.06B | 656.4M | 1.05B | 437.9M | 438.3M | 427.9M | 392.2M | 404.1M | 408.9M | 561.1M | 381.4M | 375.7M | 375.1M | 362.3M | 339.4M | 335.7M | 338.9M | 328.2M | 322.1M | 317.7M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 1.36B | 959.2M | 823M | 773.8M | 1.3B | 934.9M | 724.2M | 701.4M | 1.15B | 665.9M | 792.3M | 739.2M | 974.8M | 665M | 684.5M | 687.8M | 1.01B | 601.9M | 661.6M | 635M |
| EBITDA Margin % | 39.6% | 37.81% | 39.12% | 38.51% | 41.19% | 40.93% | 38.86% | 39.58% | 42.79% | 30.03% | 40.48% | 40.39% | 33.75% | 25.99% | 34.17% | 32.32% | 34.71% | 27.34% | 37.88% | 37.88% |
| EBITDA Growth % | 4.81% | 2.6% | 13.64% | 10.32% | 13.13% | 40.4% | -8.6% | -5.11% | 17.64% | 0.14% | 15.75% | 7.47% | -3.44% | 10.48% | 3.46% | 8.31% | 13.34% | -2.89% | 7.54% | 9.24% |
| Depreciation & Amortization | 379.8M | 376.3M | 373.4M | 368.9M | 359.9M | 344M | 340.5M | 336.6M | 333.4M | 324.5M | 320.3M | 313.9M | 305.5M | 284.6M | 280.3M | 279.6M | 278.1M | 275.1M | 271.6M | 266.2M |
| D&A / Revenue % | 11.06% | 14.83% | 17.75% | 18.36% | 11.43% | 15.06% | 18.27% | 19% | 12.44% | 14.63% | 16.36% | 17.15% | 10.58% | 11.12% | 13.99% | 13.14% | 9.56% | 12.49% | 15.55% | 15.88% |
| Operating Income (EBIT) | 980M | 582.9M | 449.6M | 404.9M | 937.5M | 590.9M | 383.7M | 364.8M | 813.4M | 341.4M | 472M | 425.3M | 669.3M | 380.4M | 404.2M | 408.2M | 731.4M | 326.8M | 390M | 368.8M |
| Operating Margin % | 28.54% | 22.98% | 21.37% | 20.15% | 29.77% | 25.87% | 20.59% | 20.59% | 30.35% | 15.4% | 24.11% | 23.24% | 23.17% | 14.87% | 20.18% | 19.18% | 25.15% | 14.84% | 22.33% | 22% |
| Operating Income Growth % | 4.53% | -1.35% | 17.17% | 10.99% | 15.26% | 73.08% | -18.71% | -14.23% | 21.53% | -10.25% | 16.77% | 4.19% | -8.49% | 16.4% | 3.64% | 10.68% | 16.22% | -11.79% | 5.35% | 8.85% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 4.29x | 2.41x | 2.36x | 2.19x | 4.53x | 3.64x | 2.32x | 2.25x | 4.70x | 2.24x | 3.06x | 2.89x | 4.38x | 3.07x | 3.94x | 3.93x | 6.91x | 3.15x | 3.88x | 3.75x |
| Interest / Revenue % | 0.03% | 0.04% | 0.05% | 0.05% | 0.03% | 0.04% | 0.05% | 0.06% | 0.04% | 0.05% | 0.05% | 0.05% | 0.03% | 0.04% | 0.05% | 0.05% | 0.03% | 0.05% | 0.06% | 0.06% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 859.2M | 320.2M | 304.6M | 262.5M | 786.2M | 514.2M | 270.2M | 251.6M | 710.3M | 240.1M | 376M | 338.5M | 581.7M | 311.2M | 375.1M | 351.2M | 695.1M | 244.3M | 339.5M | 329.8M |
| Pretax Margin % | 25.02% | 12.62% | 14.48% | 13.06% | 24.96% | 22.51% | 14.5% | 14.2% | 26.5% | 10.83% | 19.21% | 18.5% | 20.14% | 12.16% | 18.73% | 16.5% | 23.9% | 11.09% | 19.44% | 19.68% |
| Income Tax | 53.1M | 3.4M | 34.4M | 19.5M | 60.7M | 61.1M | 31.6M | 41.6M | 87.7M | 21.6M | 60.4M | 48.5M | 74.1M | 59M | 73.4M | 63.4M | 127.1M | 20.5M | 50.8M | 54.1M |
| Effective Tax Rate % | 6.18% | 1.06% | 11.29% | 7.43% | 7.72% | 11.88% | 11.7% | 16.53% | 12.35% | 9% | 16.06% | 14.33% | 12.74% | 18.96% | 19.57% | 18.05% | 18.29% | 8.39% | 14.96% | 16.4% |
| Net Income | 804.7M | 316.9M | 271.3M | 245.7M | 724.5M | 453.8M | 240.4M | 211.6M | 622.6M | 218.8M | 316.3M | 290M | 507.8M | 253M | 302M | 287.5M | 565.9M | 224.2M | 290M | 276M |
| Net Margin % | 23.43% | 12.49% | 12.89% | 12.23% | 23% | 19.87% | 12.9% | 11.94% | 23.23% | 9.87% | 16.16% | 15.85% | 17.58% | 9.89% | 15.08% | 13.51% | 19.46% | 10.18% | 16.6% | 16.47% |
| Net Income Growth % | 11.07% | -30.17% | 12.85% | 16.12% | 16.37% | 107.4% | -24% | -27.03% | 22.61% | -13.52% | 4.74% | 0.87% | -10.27% | 12.85% | 4.14% | 4.17% | 10.94% | -6.19% | 8.7% | 14.24% |
| EPS (Diluted) | 2.45 | 0.97 | 0.83 | 0.76 | 2.27 | 1.43 | 0.76 | 0.67 | 1.97 | 0.69 | 1.00 | 0.92 | 1.61 | 0.80 | 0.96 | 0.91 | 1.79 | 0.71 | 0.92 | 0.87 |
| EPS Growth % | 7.93% | -32.17% | 9.21% | 13.43% | 15.23% | 107.25% | -24% | -27.17% | 22.36% | -13.75% | 4.17% | 1.1% | -10.06% | 12.68% | 4.35% | 4.6% | 11.18% | -6.58% | 9.52% | 14.47% |
| EPS (Basic) | 2.47 | 0.97 | 0.84 | 0.77 | 2.28 | 1.43 | 0.76 | 0.67 | 1.97 | 0.69 | 1.00 | 0.92 | 1.61 | 0.80 | 0.96 | 0.91 | 1.79 | 0.71 | 0.92 | 0.88 |
| Diluted Shares Outstanding | 328.3M | 327.9M | 325.6M | 320.7M | 319.3M | 317.5M | 316.5M | 316.2M | 315.9M | 315.8M | 315.8M | 315.9M | 315.9M | 315.9M | 316.2M | 316.2M | 316.2M | 316.2M | 316.3M | 316.3M |