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Get filing alertsWEC Energy reports Q2 2026 EPS of $0.91, up 20% YoY; reaffirms full-year guidance
Filed July 29, 2026 · Period ending July 29, 2026 · ~1 min read
Key Changes
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Q2 2026 net income rose 22% to $299.2M ($0.91/share) from $245.4M ($0.76/share) in Q2 2025, driven by revenue growth and operational performance.
Exhibit 99.1 view on EDGAR → -
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First-half 2026 net income reached $1.1B ($3.36/share), up 11% from $969.6M ($3.02/share) in H1 2025, with revenues rising 7% to $5.5B.
Exhibit 99.1 view on EDGAR → -
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Company reaffirmed 2026 earnings guidance of $5.51-$5.61/share, assuming normal weather for the remainder of the year.
Exhibit 99.1 view on EDGAR → -
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Capital expenditures increased 36% to $2.08B in H1 2026 from $1.53B in H1 2025, reflecting ongoing infrastructure investment.
Exhibit 99.1 view on EDGAR → -
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Weather-normalized retail electricity deliveries grew 1.2% in Q2 2026, though reported deliveries were flat due to weather effects.
Exhibit 99.1 view on EDGAR →
Summary
WEC Energy Group reported strong second-quarter 2026 results, with earnings per share rising 20% year-over-year to $0.91, driven by revenue growth and operational execution. The company's first-half performance puts it on track toward the midpoint of its full-year guidance range of $5.51-$5.61 per share, which management reaffirmed. The utility is executing a significant capital investment program, with spending up 36% in the first half to $2.08 billion, supporting infrastructure upgrades and customer growth.
Weather-normalized electricity demand grew 1.2% in the quarter, indicating healthy underlying consumption trends despite flat reported deliveries. With earnings tracking to guidance and capital deployment accelerating, WEC appears positioned to deliver on its 2026 commitments while investing for long-term growth.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
WEC Energy Group disclosed Q2 2026 financial results via press release.
Added in current filing · verify on EDGAR →
On Wednesday, July 29, 2026, WEC Energy Group, Inc. issued a press release announcing its financial results for the quarter and six months ended June 30, 2026.
WEC Energy Group announced second quarter and first half 2026 financial results. The 8-K body does not contain the actual figures; those appear in the attached press release (Exhibit 99.1), which was not provided for analysis.
Event · Exhibit 99.1
WEC Energy Group reported Q2 2026 net income of $299.2M ($0.91/share), up from $245.4M ($0.76/share) in Q2 2025, and reaffirmed 2026 guidance of $5.51-$5.61/share.
Added in current filing · view on EDGAR →
WEC Energy Group (NYSE: WEC) today reported net income of $299.2 million, or 91 cents per share, for the second quarter of 2026 - up from $245.4 million, or 76 cents per share, for last year's second quarter.
WEC Energy Group reported second-quarter 2026 net income of $299.2 million, or $0.91 per diluted share, compared to $245.4 million, or $0.76 per diluted share, in the second quarter of 2025. This represents a 22% increase in net income and a 20% increase in earnings per share year-over-year.
Added in current filing · view on EDGAR →
For the first six months of 2026, the company recorded net income of $1.1 billion, or $3.36 per share – up from $969.6 million, or $3.02 per share, in the corresponding period a year ago.
Consolidated revenues totaled $5.5 billion, up $337.3 million from the first half of 2025.
For the six months ended June 30, 2026, WEC reported net income of $1.1 billion ($3.36 per diluted share), up from $969.6 million ($3.02 per diluted share) in the first half of 2025. Consolidated revenues increased by $337.3 million to $5.5 billion, reflecting an 11% increase in earnings per share and a 7% increase in revenues year-over-year.
Added in current filing · view on EDGAR →
Retail deliveries of electricity – excluding the iron ore mine in Michigan’s Upper Peninsula and Very Large Customers (VLCs) in Wisconsin – were essentially flat in the second quarter of 2026, compared to the second quarter last year.
Electricity consumption by small commercial and industrial customers was 0.2 percent lower. Electricity use by large commercial and industrial customers – excluding the iron ore mine and VLCs – increased by 0.9 percent.
Residential electricity use decreased by 1.1 percent.
On a weather-normal basis, retail deliveries of electricity during the second quarter of this year – excluding the iron ore mine and VLCs – increased by 1.2 percent.
Retail electricity deliveries (excluding the iron ore mine and Very Large Customers) were essentially flat in Q2 2026 versus Q2 2025, with residential use down 1.1%, small commercial/industrial down 0.2%, and large commercial/industrial up 0.9%. On a weather-normalized basis, retail deliveries increased 1.2%, indicating underlying demand growth masked by weather effects.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 30, 2026 · How we verify