WMEnergy & utilitieswm.com
| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $5.89B | $6.02B | $6.43B | $6.44B | $6.31B | $6.23B | $6.68B | $6.85B | ▲ +6.3% |
| Gross profit | $2.34B | $2.41B | $2.63B | $2.65B | $2.62B | $2.53B | $2.73B | $2.75B | ▲ +4.1% |
| Operating income | $919.00M | $1.01B | $1.15B | $989.00M | $1.16B | $1.11B | $1.25B | $1.28B | ▲ +29.3% |
| Net income | $598.00M | $637.00M | $726.00M | $603.00M | $742.00M | $723.00M | $785.00M | $820.00M | ▲ +36.0% |
| R&Dnever filed | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | 1.58 $ | 1.80 $ | 1.49 $ | — | 1.79 $ | 1.95 $ | 2.05 $ | ▲ +37.6% |
| Margins (% of revenue) | |||||||||
| Gross | 39.7 % | 40.0 % | 40.9 % | 41.1 % | 41.5 % | 40.7 % | 40.8 % | 40.2 % | ▼ -0.8 pt |
| Operating | 15.6 % | 16.8 % | 17.9 % | 15.3 % | 18.3 % | 17.9 % | 18.7 % | 18.7 % | ▲ +3.3 pt |
| Net | 10.1 % | 10.6 % | 11.3 % | 9.4 % | 11.8 % | 11.6 % | 11.7 % | 12.0 % | ▲ +2.6 pt |
| Balance sheet | |||||||||
| Assets | $44.57B | $44.49B | $45.72B | $45.61B | $45.84B | $45.70B | $46.44B | $46.52B | ▲ +2.0% |
| Liabilities | $36.31B | $35.84B | $36.52B | $36.09B | $35.84B | $35.68B | $36.52B | $36.65B | ▲ +1.6% |
| Equity | $8.25B | $8.65B | $9.20B | $9.52B | $9.99B | $10.02B | $9.93B | $9.87B | ▲ +3.7% |
| Cash | $414.00M | $216.00M | $440.00M | $175.00M | $201.00M | $158.00M | $557.00M | $247.00M | ▲ +41.1% |
| Capital | |||||||||
| Shares outstanding | 402.12M | 402.41M | 402.83M | 402.87M | 403.34M | 401.58M | 399.72M | 397.63M | ▼ -1.3% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.