WEC Energy Group, Inc. reported financial results for the third quarter of 2026, filing an 8-K with the Securities and Exchange Commission on October 29, 2026. The company reported net income of $389.3 million, or $1.18 per share, for the quarter, an increase from $271.3 million, or 83 cents per share, in the same period last year. For the nine months ended September 30, 2026, net income totaled $1.49 billion, or $4.54 per share, compared to $1.24 billion, or $3.85 per share, for the prior year.
Consolidated revenues for the nine months ended September 30, 2026, were $7.8 billion, representing an increase of $523.9 million from the same period in 2025. The company cited warmer-than-normal weather and the execution of its capital plan as drivers for the results. Retail electricity deliveries were up 3.3 percent in the third quarter of 2026 compared to the prior year, with residential electricity use rising by 5.1 percent.
Based on favorable weather and capital investment supported by Very Large Customers (VLCs), WEC Energy Group is raising and narrowing its earnings guidance for 2026. The company now expects earnings per share to range from $5.60 to $5.64 for the full year. This guidance assumes normal weather for the remainder of the year. Previously, the company had announced a range of $5.51 to $5.61 per share.
The company will host a conference call on Thursday, October 29, 2026, at 1 p.m. Central time to review the third-quarter earnings and future outlook. A replay of the call will be available on the company’s website and by phone until November 12, 2026.
