The financials
WEC Energy Group by the numbers
WEC Energy Group (WEC) reported revenue of $2.06B in Q2 2026 (quarter ended June 30, 2026), up 2.6% from the same quarter a year earlier. That came with a gross margin of 73% and net income of $301M (15% of revenue). For the full year FY2025, revenue was $9.80B (+14% year on year) and net income $1.56B. Its largest segment in 2026-Q2 was Public Utility at $1.35B, 50.0% of the disclosed total, just ahead of Wisconsin at 50.0%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.06B | $2.01B | +2.6% |
| Gross profit | $1.51B | $1.44B | +4.7% |
| Operating income | $433M | $405M | +6.9% |
| Net income | $301M | $243M | +24% |
| Diluted EPS | $0.91 | $0.76 | +20% |
| Operating | Revenue | Share |
|---|---|---|
| Public Utility | $1.35B | 50% |
| Wisconsin | $1.35B | 50% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.69B (-6.1%)
Public Utility grew +3.3% year on yearWisconsin +3.3% year on year
Segment Latestquarter on quarteryear on year
- Public Utility$1.35B$1.35BQoQ -6.1%year on year +3.3%-6.1%+3.3%
- Wisconsin$1.35B$1.35BQoQ -6.1%year on year +3.3%-6.1%+3.3%
- Corporate And Other$0.00$0.00QoQ -year on year ---
- Electric Transmission$0.00$0.00QoQ -year on year ---
- Illinois$0.00$0.00QoQ -year on year ---
- Non Utility Energy Infrastructure$0.00$0.00QoQ -year on year ---
- Other States$0.00$0.00QoQ -year on year ---
Utilities - Regulated Electric
Ranks #22 of 37 by Smart Score