Northwestern Energy Group (NWE) Revenue & Revenue Breakdown

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Northwestern Energy Group Revenue Highlights

Latest Revenue (Y)

$1.51B

Latest Revenue (Q)

$342.71M

Main Segment (Y)

Electricity, US Regulated

Northwestern Energy Group Revenue by Period

Northwestern Energy Group Revenue by Year

Date	Revenue	Change
2024-12-31	$1.51B	6.45%
2023-12-31	$1.42B	-3.77%
2022-12-31	$1.48B	7.69%
2021-12-31	$1.37B	14.49%
2020-12-31	$1.20B	-4.71%
2019-12-31	$1.26B	5.53%
2018-12-31	$1.19B	-8.70%
2017-12-31	$1.31B	3.85%
2016-12-31	$1.26B	3.54%
2015-12-31	$1.21B	0.78%
2014-12-31	$1.20B	4.36%
2013-12-31	$1.15B	7.86%
2012-12-31	$1.07B	-4.20%
2011-12-31	$1.12B	0.59%
2010-12-31	$1.11B	-2.73%
2009-12-31	$1.14B	-9.43%
2008-12-31	$1.26B	5.06%
2007-12-31	$1.20B	5.95%
2006-12-31	$1.13B	-2.84%
2005-12-31	$1.17B	466.03%
2004-12-31	$205.95M	-79.95%
2003-12-31	$1.03B	-48.41%
2002-12-31	$1.99B	-53.01%
2001-12-31	$4.24B	-40.58%
2000-12-31	$7.13B	137.40%
1999-12-31	$3.00B	153.08%
1998-12-31	$1.19B	29.31%
1997-12-31	$918.00M	166.86%
1996-12-31	$344.00M	67.80%
1995-12-31	$205.00M	30.41%
1994-12-31	$157.20M	2.54%
1993-12-31	$153.30M	-

Northwestern Energy Group generated $1.51B in revenue during NA 2024, up 6.45% compared to the previous quarter, and up 120.35% compared to the same period a year ago.

Northwestern Energy Group Revenue by Quarter

Date	Revenue	Change
2025-06-30	$342.71M	-26.56%
2025-03-31	$466.63M	24.93%
2024-12-31	$373.51M	8.21%
2024-09-30	$345.16M	7.89%
2024-06-30	$319.93M	-32.69%
2024-03-31	$475.30M	33.51%
2023-12-31	$356.01M	10.88%
2023-09-30	$321.09M	10.53%
2023-06-30	$290.50M	-36.08%
2023-03-31	$454.50M	6.87%
2022-12-31	$425.28M	26.92%
2022-09-30	$335.07M	3.73%
2022-06-30	$323.00M	-18.12%
2022-03-31	$394.48M	13.57%
2021-12-31	$347.34M	6.56%
2021-09-30	$325.95M	9.30%
2021-06-30	$298.22M	-25.60%
2021-03-31	$400.80M	27.87%
2020-12-31	$313.44M	11.70%
2020-09-30	$280.61M	4.18%
2020-06-30	$269.36M	-19.66%
2020-03-31	$335.25M	2.18%
2019-12-31	$328.10M	19.38%
2019-09-30	$274.84M	1.52%
2019-06-30	$270.72M	-29.54%
2019-03-31	$384.22M	24.42%
2018-12-31	$308.82M	10.34%
2018-09-30	$279.87M	6.90%
2018-06-30	$261.82M	-23.33%
2018-03-31	$341.50M	-0.88%
2017-12-31	$344.55M	11.17%
2017-09-30	$309.93M	9.19%
2017-06-30	$283.86M	-22.72%
2017-03-31	$367.31M	11.11%
2016-12-31	$330.59M	9.83%
2016-09-30	$301.00M	2.69%
2016-06-30	$293.12M	-11.85%
2016-03-31	$332.54M	2.32%
2015-12-31	$324.99M	19.16%
2015-09-30	$272.74M	0.81%
2015-06-30	$270.56M	-21.81%
2015-03-31	$346.01M	10.57%
2014-12-31	$312.95M	24.23%
2014-09-30	$251.91M	-6.80%
2014-06-30	$270.28M	-26.90%
2014-03-31	$369.72M	15.87%
2013-12-31	$319.09M	21.67%
2013-09-30	$262.25M	0.80%
2013-06-30	$260.16M	-16.89%
2013-03-31	$313.02M	11.49%
2012-12-31	$280.77M	19.04%
2012-09-30	$235.87M	-3.57%
2012-06-30	$244.60M	-20.87%
2012-03-31	$309.10M	9.14%
2011-12-31	$283.21M	16.05%
2011-09-30	$244.04M	-3.08%
2011-06-30	$251.81M	-25.56%
2011-03-31	$338.26M	15.97%
2010-12-31	$291.67M	21.12%
2010-09-30	$240.82M	-1.33%
2010-06-30	$244.06M	-26.97%
2010-03-31	$334.17M	10.50%
2009-12-31	$302.41M	29.85%
2009-09-30	$232.89M	-1.20%
2009-06-30	$235.71M	-36.45%
2009-03-31	$370.90M	13.75%
2008-12-31	$326.07M	19.77%
2008-09-30	$272.24M	-1.54%
2008-06-30	$276.51M	-28.36%
2008-03-31	$385.98M	25.31%
2007-12-31	$308.02M	-

Northwestern Energy Group generated $342.71M in revenue during Q2 2025, up -26.56% compared to the previous quarter, and up 72.10% compared to the same period a year ago.

Northwestern Energy Group Revenue Breakdown

Northwestern Energy Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 22	Dec 21	Dec 20	Dec 19
Electricity, US Regulated	$1.20B	$1.11B	$1.05B	$940.82M	$981.18M
Natural Gas, US Regulated	$313.20M	$371.27M	$320.13M	$257.86M	$276.73M
Intersegment Eliminations	-	-	-	-	-
Other Segments	-	-	-	-	-

Northwestern Energy Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Electricity, US Regulated (79.31%), and Natural Gas, US Regulated (20.69%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Natural Gas, US Regulated	$63.24M	$131.15M	$274.51M	$38.68M	$41.06M	$61.24M	$159.23M	$126.13M	$42.80M	$79.59M	$122.75M	$94.14M	$38.48M	$56.78M	$130.73M	-	-	-	-	-
Electricity, US Regulated	$279.47M	$335.48M	$894.22M	$306.48M	$280.03M	$229.27M	$295.31M	$299.15M	$292.27M	$243.42M	$271.73M	$253.20M	$287.47M	$241.44M	$270.07M	-	-	-	-	-
Product and Service, Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gas Domestic Regulated	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$79.40M	$36.45M	$51.42M	$90.63M	$80.90M
Electric Domestic Regulated	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$234.10M	$244.16M	$217.94M	$244.63M	$247.30M
Other Segments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intersegment Eliminations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Northwestern Energy Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Electricity, US Regulated (81.55%), and Natural Gas, US Regulated (18.45%).

Northwestern Energy Group Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Jun 18	Mar 18
NEBRASKA	$5.00M	$11.40M
SOUTH DAKOTA	$5.60M	$11.40M
MONTANA	$17.60M	$40.90M

Northwestern Energy Group's latest quarterly revenue breakdown by geography, as of Jun 18: MONTANA (62.41%), SOUTH DAKOTA (19.86%), and NEBRASKA (17.73%).

Northwestern Energy Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EE	Excelerate Energy	$851.44B	$204.56M
HE	Hawaiian Electric Industries	$3.22B	$744.07M
SR	Spire	$2.59B	$421.90M
BKH	Black Hills	$2.13B	$439.00M
PAM	Pampa Energía	$1.73B	$540.00M
ALE	ALLETE	$1.53B	$360.30M
NWE	Northwestern Energy Group	$1.51B	$342.71M
OTTR	Otter Tail	$1.33B	$333.04M
AVA	Avista	$1.30B	$411.00M
CPK	Chesapeake Utilities	$787.20M	$298.70M
MGEE	MGE Energy	$676.94M	$159.45M

NWE Revenue FAQ

What is Northwestern Energy Group’s yearly revenue?

Northwestern Energy Group's yearly revenue for 2024 was $1.51B, representing an increase of 6.45% compared to 2023. The company's yearly revenue for 2023 was $1.42B, representing a decrease of -3.77% compared to 2022. NWE's yearly revenue for 2022 was $1.48B, representing an increase of 7.69% compared to 2021.

What is Northwestern Energy Group’s quarterly revenue?

Northwestern Energy Group's quarterly revenue for Q2 2025 was $342.71M, a -26.56% decrease from the previous quarter (Q1 2025), and a 7.12% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $466.63M, a 24.93% increase from the previous quarter (Q4 2024), and a -1.82% decrease year-over-year (Q1 2024). NWE's quarterly revenue for Q4 2024 was $373.51M, a 8.21% increase from the previous quarter (Q3 2024), and a 4.92% increase year-over-year (Q4 2023).

What is Northwestern Energy Group’s revenue growth rate?

Northwestern Energy Group's revenue growth rate for the last 3 years (2022-2024) was 2.44%, and for the last 5 years (2020-2024) was 26.30%.

What are Northwestern Energy Group’s revenue streams?

Northwestern Energy Group's revenue streams in c 24 are Electricity, US Regulated, and Natural Gas, US Regulated. Electricity, US Regulated generated $1.2B in revenue, accounting 79.31% of the company's total revenue, up 8.51% year-over-year. Natural Gas, US Regulated generated $313.2M in revenue, accounting 20.69% of the company's total revenue, down -15.64% year-over-year.

What is Northwestern Energy Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Northwestern Energy Group was Electricity, US Regulated. This segment made a revenue of $1.2B, representing 79.31% of the company's total revenue.