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NorthWestern Energy Reports Third Quarter 2025 Financial Results
Third Quarter 2025 Diluted GAAP EPS of $0.62, compared to $0.76 in 2024. Third Quarter 2025 Adjusted Diluted Non-GAAP EPS of $0.79, compared to $0.65 in
About this update from Northwestern Energy Group, Inc.
[{"type":"text","content":"\n\nThird Quarter 2025 Diluted GAAP EPS of $0.62, compared to $0.76 in 2024.\n\n\n\n\nThird Quarter 2025 Adjusted Diluted Non-GAAP EPS of $0.79, compared to $0.65 in 2024.\n\n\n\n\nAffirms 2025 earnings guidance range of $3.53 to $3.65 per diluted share.\n\n\n\n\nAffirms $531 million capital plan for 2025 and 4% to 6% long-term EPS and rate base growth rate.\n\n\n\n\nAnnounces $0.66 per share quarterly dividend - payable December 31, 2025.\n\n\n\n BUTTE, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--\nNorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the Third Quarter of 2025. Net income for the period was $38.2 million, or $0.62 per diluted share, as compared with net income of $46.8 million, or $0.76 per diluted share, for the same period in 2024. This decrease was primarily due to higher operating expenses, including merger-related costs and depreciation, higher interest expense, and a prior year income tax benefit from a gas repairs safe harbor method change. These were offset in part by new rates and customer usage.\n\n\nNorthWestern’s Third Quarter 2025 non-GAAP net income and earnings per share were $48.4 million and $0.79, respectively, compared to $39.7 million and $0.65 in 2024. See “Adjusted Non-GAAP Earnings” and “Non-GAAP Financial Measures” sections below for more information on these measures.\n\n\n“We are pleased to deliver on another quarter of strong operational and financial results while advancing several key initiatives including closing the Energy West transaction, successfully integrating the natural gas distribution assets into our system and welcoming roughly 40 employees and 33,000 customers,” said President and CEO, Brian Bird. “We are excited about the announcement of the merger with Black Hills Corporation, creating a stronger regional utility better positioned to meet increasingly complex and rapidly growing energy demands. We have submitted merger filing applications in October with regulators in Montana, South Dakota, and Nebraska, and anticipate approvals that will enable us to close the transaction in the back half of 2026.”\n\n\nAdditional information regarding this release can be found in the earnings presentation at https://www.northwesternenergy.com/investors/earnings.\n\n\nTRANSACTION UPDATE\n\n\nPending Merger with Black Hills Corporation\...