WEC ENERGY GROUP, INC.

For the period ended Sep 30, 2025. Filed Oct 31, 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.

Sep 30, 2025 · Filed Oct 31, 2025

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

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Contents

Condensed Consolidated Income Statements

CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited) · Three Months Ended · Nine Months Ended
	September 30		September 30
(in millions, except per share amounts)	2025	2024	2025	2024
Operating revenues	$2,104.0	$1,863.5	$7,263.0	$6,315.7
Operating expenses
Cost of sales	608.1	520.8	2,344.3	1,917.6
Other operation and maintenance	605.1	566.8	1,809.3	1,631.0
Depreciation and amortization	373.4	340.5	1,102.2	1,010.5
Property and revenue taxes	67.8	51.7	215.2	194.7
Total operating expenses	1,654.4	1,479.8	5,471.0	4,753.8
Operating income	449.6	383.7	1,792.0	1,561.9
Equity in earnings of transmission affiliates	54.8	46.7	160.3	138.3
Other income, net	23.8	44.0	68.4	128.7
Interest expense	223.6	204.2	667.4	596.8
Other expense	(145.0)	(113.5)	(438.7)	(329.8)
Income before income taxes	304.6	270.2	1,353.3	1,232.1
Income tax expense	34.4	31.6	114.6	160.9
Net income	270.2	238.6	1,238.7	1,071.2
Preferred stock dividends of subsidiary	0.3	0.3	0.9	0.9
Net loss attributed to noncontrolling interests	1.4	1.8	3.1	3.4
Net income attributed to common shareholders	$271.3	$240.1	$1,240.9	$1,073.7
EPS
Basic	$0.84	$0.76	$3.87	$3.40
Diluted	$0.83	$0.76	$3.85	$3.40
Weighted average common shares outstanding
Basic	323.5	316.2	320.7	315.9
Diluted	325.6	316.5	322.4	316.2

09/30/2025 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.