Northwest Natural Holding CoNWNEarnings & Financial Report
NW Natural, formerly Northwest Natural Gas Company, is an American publicly traded utility headquartered in Portland, Oregon, United States. Primarily a natural gas distributor, the company services residential, commercial, and industrial customers in Western Oregon and Southwest Washington in the Pacific Northwest. NW Natural also owns water utilities. Founded in 1859, the company has approximately 800,000 customers and revenues of over $1 billion annually.
NWN Q3 2025 Key Financial Metrics
Revenue
$164.7M
Gross Profit
N/A
Operating Profit
$-12.4M
Net Profit
$-29.9M
Gross Margin
N/A
Operating Margin
-7.5%
Net Margin
-18.1%
YoY Growth
20.3%
EPS
$-0.73
Financial Flow
Northwest Natural Holding Co Q3 2025 Financial Summary
Northwest Natural Holding Co reported revenue of $164.7M for Q3 2025, with a net profit of $-29.9M (-18.1% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $164.7M |
|---|---|
| Net Profit | $-29.9M |
| Gross Margin | N/A |
| Operating Margin | -7.5% |
| Report Period | Q3 2025 |
Northwest Natural Holding Co Annual Revenue by Year
Northwest Natural Holding Co annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.2B |
| 2023 | $1.2B |
| 2022 | $1.0B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $355.7M | $433.5M | $211.7M | $136.9M | $370.9M | $494.3M | $236.2M | $164.7M |
| YoY Growth | -5.2% | -6.3% | -11.0% | -3.2% | 4.3% | 14.0% | 11.6% | 20.3% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.87B | $4.85B | $4.82B | $4.94B | $5.23B | $5.71B | $5.79B | $5.85B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $1.28B | $1.34B | $1.35B | $1.36B | $1.39B | $1.46B | $1.46B | $1.43B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-21.6M | $125.0M | $121.0M | $-26.4M | $-19.4M | $179.6M | $102.2M | $-15.9M |