WEC Energy Group filed an 8-K earnings press release on October 29, 2026, reporting third-quarter 2026 net income attributed to common shareholders of $389.3 million, or $1.18 per diluted share, and raising its full-year 2026 earnings guidance.

Key Highlights

  • Q3 2026 diluted EPS: $1.18 per share, up from 83 cents per share in the third quarter of 2025, according to the filing.
  • Nine-month net income: The company recorded net income of $1.49 billion, or $4.54 per diluted share, for the nine months ended September 30, 2026, compared with $1.24 billion, or $3.85 per share, in the same period a year ago.
  • Consolidated revenues: Operating revenues for the nine months ended September 30, 2026 totaled $7,786.9 million, up $523.9 million from the nine months ended September 30, 2025.
  • Guidance raised and narrowed: Full-year 2026 earnings guidance was raised to a range of $5.60 to $5.64 per share, from a prior range of $5.51 to $5.61 per share, assuming normal weather for the remainder of the year.
  • Retail electricity deliveries: Retail deliveries of electricity, excluding the iron ore mine and Very Large Customers in Wisconsin, were up 3.3 percent in Q3 2026 versus Q3 2025; on a weather-normal basis, the increase was 0.4 percent.
  • Residential electricity use: Rose by 5.1 percent in the third quarter of 2026 compared to the prior-year quarter.

WEC Energy Group Q3 2026 Earnings: Revenue, Income, and Guidance Details

WEC Energy Group (NYSE:WEC) reported third-quarter 2026 net income attributed to common shareholders of $389.3 million, or $1.18 per diluted share, up from $271.3 million, or 83 cents per diluted share, in the third quarter of 2025, according to the filing. Q3 2026 operating revenues totaled $2,290.6 million, compared with $2,104.0 million in Q3 2025. Operating income for the quarter was $563.7 million versus $449.6 million in the year-ago period. Total operating expenses for Q3 2026 were $1,726.9 million, compared with $1,654.4 million a year earlier.

For the nine months ended September 30, 2026, the company reported net income attributed to common shareholders of $1,492.9 million, or $4.58 per basic share and $4.54 per diluted share, compared with $1,240.9 million, or $3.87 per basic share and $3.85 per diluted share, in the corresponding period of 2025, the filing stated. Nine-month operating revenues reached $7,786.9 million, up from $7,263.0 million in the prior-year period. Nine-month operating income was $1,976.5 million versus $1,792.0 million a year ago.

The filing attributed the earnings increase in part to warmer-than-normal weather and capital investment. Scott Lauber, chairman, president and CEO, was quoted as saying: "Our strong results were driven by warmer-than-normal weather, execution of our capital plan and operating efficiency." The company cited favorable weather and capital investment supported by Very Large Customers as factors behind raising and narrowing its 2026 earnings guidance to $5.60 to $5.64 per share, from the previously announced range of $5.51 to $5.61 per share. The guidance assumes normal weather for the remainder of the year. The filing noted that all earnings per share figures are on a fully diluted basis.

What Was Disclosed

WEC Energy Group disclosed its third-quarter and nine-month 2026 financial results, including net income, revenues, operating expenses, and earnings per share, along with a raised and narrowed full-year 2026 EPS guidance range of $5.60 to $5.64 per share.