WEC ENERGY GROUP, INC.

For the period ended Jun 30, 2025. Filed Aug 1, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 1, 2025

WEC$117.01-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Income Statements

CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited) · Three Months Ended · Six Months Ended
	June 30		June 30
(in millions, except per share amounts)	2025	2024	2025	2024
Operating revenues	$2,009.5	$1,772.0	$5,159.0	$4,452.2
Operating expenses
Cost of sales	570.5	469.7	1,736.2	1,396.8
Other operation and maintenance	596.2	533.4	1,204.2	1,064.2
Depreciation and amortization	368.9	336.6	728.8	670.0
Property and revenue taxes	69.0	67.5	147.4	143.0
Total operating expenses	1,604.6	1,407.2	3,816.6	3,274.0
Operating income	404.9	364.8	1,342.4	1,178.2
Equity in earnings of transmission affiliates	51.9	46.8	105.5	91.6
Other income, net	26.5	40.6	44.6	84.7
Interest expense	220.8	200.6	443.8	392.6
Other expense	(142.4)	(113.2)	(293.7)	(216.3)
Income before income taxes	262.5	251.6	1,048.7	961.9
Income tax expense	19.5	41.6	80.2	129.3
Net income	243.0	210.0	968.5	832.6
Preferred stock dividends of subsidiary	0.3	0.3	0.6	0.6
Net loss attributed to noncontrolling interests	2.7	1.6	1.7	1.6
Net income attributed to common shareholders	$245.4	$211.3	$969.6	$833.6
EPS
Basic	$0.77	$0.67	$3.04	$2.64
Diluted	$0.76	$0.67	$3.02	$2.64
Weighted average common shares outstanding
Basic	320.3	315.9	319.3	315.8
Diluted	322.2	316.2	320.7	316.1

06/30/2025 Form 10-Q	4	WEC Energy Group, Inc.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.