WEC Energy GroupWECEarnings & Financial Report
WEC Energy Group is an American energy company based in Milwaukee, Wisconsin. It provides electricity and natural gas to 4.4 million customers across four states.
WEC Q3 2025 Key Financial Metrics
Revenue
$2.1B
Gross Profit
$1.5B
Operating Profit
$449.6M
Net Profit
N/A
Gross Margin
71.1%
Operating Margin
21.4%
Net Margin
N/A
YoY Growth
12.9%
Financial Flow
WEC Energy Group Q3 2025 Financial Summary
WEC Energy Group reported revenue of $2.1B for Q3 2025, with a net profit of N/A (N/A margin). Cost of goods sold was $608.1M, operating expenses totaled $1.0B.
Key Financial Metrics
| Total Revenue | $2.1B |
|---|---|
| Net Profit | N/A |
| Gross Margin | 71.1% |
| Operating Margin | 21.4% |
| Report Period | Q3 2025 |
WEC Energy Group Annual Revenue by Year
WEC Energy Group annual revenue history includes year-by-year totals (for example, 2024 revenue was $8.6B).
| Year | Annual Revenue |
|---|---|
| 2024 | $8.6B |
| 2023 | $8.9B |
| 2022 | $9.6B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.22B | $2.68B | $1.77B | $1.86B | $2.28B | $3.15B | $2.01B | $2.10B |
| YoY Growth | -13.3% | -7.2% | -3.2% | -4.8% | 3.0% | 17.5% | 13.4% | 12.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $43.94B | $43.93B | $44.58B | $45.20B | $47.36B | $48.23B | $48.52B | $49.81B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $12.07B | $12.43B | $12.39B | $12.39B | $12.80B | $13.43B | $13.67B | $14.01B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $480.0M | $863.6M | $1.04B | $729.0M | $581.8M | $1.16B | $853.3M | $938.9M |
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