NASDAQ$NWE

NorthWestern Corporation · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

NorthWestern Energy reported Q3 2025, revenue of $387M, net income of $38.2M, diluted EPS of $0.62.

For Q3 2025, NorthWestern Energy reported revenue of $387M, net income of $38.2M, diluted EPS was $0.62. Management discusses segment trends, capital allocation, and macro risks in the quarterly filing.

  • Revenue $387M.
  • Net income $38.2M.
  • Diluted EPS $0.62.
  • NorthWestern Energy MD&A highlights operating priorities and liquidity.
  • Segment and geographic mix shape year-over-year comparisons.

Headline financials

Total Revenue

$387M

Previous: $345M+12.1%
EPS (adj)

$0.62

Previous: $0.76-18.4%
Capital Expenditures

-$375M

Previous: -$401M+6.5%
Free Cash Flow

-$336M

Previous: -$354M+4.9%
Net Income

$38.2M

Previous: $46.8M-18.3%
Operating Income

$80.3M

Previous: $67.9M+18.2%
Gross Profit

$387M

Previous: $345M+12.1%

Revenue & EPS history

NorthWestern · Revenue · Quarterly

$387M

Q3 2025+12.1%vs Q3 2024
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

Regulated utilities and telecom focus on rate base, ARPU, and dividend sustainability.

Tailwinds

  • Rate cases and infrastructure investment.
  • Broadband and fiber growth.
  • Dividend and balance-sheet capacity.

Headwinds

  • Interest rates and financing costs.
  • Regulatory lag and political scrutiny.
  • Weather and usage volatility.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.2%

Avg return

Earnings day

-0.7%

Avg return

5 days after

+1.7%

Avg return

30 days after

75%

6 / 8 earnings

Positive

+1.6%

Q3 2024

Best reaction

-2.5%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-1.7%-2.4%
Q4 2025+1.3%-0.5%-0.5%
Q3 2025-2.5%-2.1%+12.6%
Q1 2025+1.2%-1.0%-6.4%
Q3 2024+1.6%-3.1%+0.4%
Q2 2024+1.2%+2.0%+1.5%
Q1 2024-1.4%-0.3%+0.8%
Q3 2023+0.3%+1.1%+7.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro