NorthWestern Energy Q3 GAAP EPS fell to $0.62 from $0.76; adjusted EPS rose to $0.79
NorthWestern Energy reported third-quarter 2025 results, with revenue up to $387.0 million from $345.2 million but GAAP net income down to $38.2 million from $46.8 million, largely due to merger-related costs and higher interest expense. The company affirmed its 2025 non-GAAP EPS guidance of $3.53 to $3.65 per diluted share and said the pending Black Hills merger is expected to close in the second half of 2026.
Key points
- Q3 revenue $387.0 million vs. $345.2 million a year earlier; GAAP diluted EPS $0.62 vs. $0.76
- Adjusted non-GAAP diluted EPS $0.79 vs. $0.65; merger-related costs were $7.6 million in the quarter
- 2025 EPS guidance of $3.53 to $3.65 affirmed; $531 million 2025 capital plan affirmed
- Quarterly dividend of $0.66 per share declared, payable December 31, 2025, to holders of record December 15, 2025
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.