WEC · Q2 2026

Archived report (Q2 2026). Latest deep dive →

US GAAP, Q2 2026 · quarter ended 06/30/2026 · released Jul 29

The quarter in brief

Revenue grew 2.6% y⁠/⁠y to $2.06B, operating margin 21.0% vs 20.1%, net income $299M (+21.9% y⁠/⁠y).

Net income attributed to common shareholders

$299M

up 21.9% y/y

Operating revenues

$2,062M

up 2.6% y/y

Operating income

$433M

up 6.9% y/y

All figures in $M.

Sankey diagram of WEC earnings report for Q2 2026: revenue, costs and profit
Line item	Amount and change
Operating revenues	$2,062 · +2.6%
Other operation and maintenance	$617 · +3.5%
Cost of sales	$556 · −2.6%
Depreciation and amortization	$385 · +4.3%
Property and revenue taxes	$71.7 · +3.9%
Operating income	$433 · +6.9% · 21.0% margin
Equity in earnings of transmission affiliates	$62.6 · +20.6%
Other income, net	$61.5 · +132%
Interest expense	$229 · +3.7%
Income before income taxes	$328 · +25.0%
Income tax expense	$27 · +38.5% · 8.2% effective rate
Net (income) loss attributed to noncontrolling interests	$1.5 · vs $2.7
Preferred stock dividends of subsidiary	$0.3 · +0.0%
Net income attributed to common shareholders	$299 · +21.9% · $0.91/sh · 14.5% margin

Verdict: revenue grew 2.6% y/y to $2.06B, operating margin 21.0% vs 20.1%, net income $299M (+21.9% y/y).

Diluted EPS 91 cents vs 76 cents a year earlier; 2026 earnings guidance of $5.51 to $5.61 per share reaffirmed; quarterly dividend $0.9525 per share vs $0.8925.

Source and notation

Source: WEC Energy earnings release, 8-K EX-99 of 07/29/2026 (SEC EDGAR). Utility layout: operating revenues less fuel and purchased power, operations and maintenance, depreciation and taxes other than income taxes give operating income; interest and other income lead to pre-tax income. The income statement lines were taken from the release by hand; the program found every figure in the release text and checked the accounting identities and the chart balance; revenue and net income match SEC XBRL.

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WEC — WEC Energy Group is a U.S. electric and natural gas utility holding company serving customers in Wisconsin, Illinois, Michigan and Minnesota; it also owns a stake in the American Transmission Company and non-utility renewable energy infrastructure.

Headquarters: Milwaukee, Wisconsin.

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WEC · Q2 2026

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