NorthWestern Energy Q1 GAAP profit falls to $1.03 a share; 2026 guidance affirmed
NorthWestern Energy reported first quarter 2026 net income of $63.5 million, or $1.03 per diluted share, down from $76.9 million, or $1.25, a year earlier. Adjusted non-GAAP earnings rose to $1.31 per share from $1.22, and the company affirmed its 2026 earnings guidance of $3.68 to $3.83 per diluted share, along with its $683 million capital plan and planned quarterly dividend of $0.67 per share.
Key points
- Q1 2026 GAAP net income was $63.5 million ($1.03 per diluted share) versus $76.9 million ($1.25) in Q1 2025; total revenues rose to $497.6 million from $466.6 million.
- Adjusted non-GAAP diluted EPS was $1.31 versus $1.22 a year earlier.
- 2026 EPS guidance of $3.68 to $3.83 per diluted share was affirmed, and the company declared a $0.67 quarterly dividend payable June 30, 2026.
- The merger with Black Hills Corporation, expected to close in the second half of 2026, is pending regulatory approvals; the company incurred $3.4 million of merger-related costs in the quarter.
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 April 30, 2026.
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.