NASDAQ$NWE

NorthWestern Corporation · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

NWE reported Q4 2025, revenue of $208.3M, net income of $220.1M.

For Q4 2025, NWE reported revenue of $208.3M, net income of $220.1M. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $208.3M.
  • Net income $220.1M.
  • NWE highlights liquidity, operations, and forward priorities.

Headline financials

Total Revenue

$208M

No prior period
EPS (adj)

$3.58

No prior period
Net Income

$220M

No prior period
Operating Income

$325.80

No prior period

Revenue & EPS history

NorthWestern · Revenue · Quarterly

$208M

Q4 2025
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

The release discusses NWE's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.

Tailwinds

  • NWE cites operational execution and demand trends supporting the outlook.
  • Balance sheet and capital actions aim to fund growth and shareholder returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 Q4 2025

Historical avgQ4 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

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