WEC Energy Group, Inc. (WEC) Revenue by Segment

WEC Energy revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), WEC Energy's largest business segment was Public Utility, with $1.97 billion or 90% of revenue, up 1.4% from a year earlier. Next: Non-Utility Energy Infrastructure (10%).

By product or service, Public Utilities brought in 99% and Other non-utility revenues brought in 1% of revenue in Q1 fiscal 2019.

The fastest-growing business segment from a year earlier was Non-Utility Energy Infrastructure (+13.8%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

WEC Energy Group, Inc.

WECUtilities

United States

Utilities

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Public UtilityWisconsinNon-Utility Energy InfrastructureIllinoisOther StatesOther StatesCorporate Segment and Other Operating

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Public Utility	USD 1.97B	90.1%	+1.4%
Non-Utility Energy Infrastructure	USD 215.60M	9.9%	+13.8%
Eliminationsi	-USD 121.50M		–

Sum of items USD 2.18B; corporate items and eliminations -USD 121.50M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18
Public Utility	2.0B	3.3B	2.5B	2.0B	1.9B	3.1B	2.2B	1.8B	1.7B	2.6B	2.2B	1.9B	1.8B	2.8B	2.5B	2.0B	2.1B	2.9B	2.2B	1.7B	1.7B	–	–	–	–	–	–	1.6B	1.6B	–	–	1.6B	–	2.3B
Wisconsin	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.7B	1.4B	1.4B	1.2B	1.5B	–	–	–	1.6B	1.5B	–	1.3B	–
Non-Utility Energy Infrastructure	215.6M	210.7M	193.2M	193.3M	189.4M	194.3M	181.7M	163.1M	175.6M	170.9M	171.5M	159.8M	169.0M	166.2M	147.0M	139.9M	143.6M	159.5M	138.9M	129.5M	133.5M	–	–	–	–	–	–	119.4M	123.3M	–	–	115.2M	117.0M	118.1M
Illinois	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	703.4M	391.2M	221.9M	261.2M	447.6M	–	–	–	536.5M	426.8M	–	268.0M	–
Other States	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	233.3M	122.7M	48.3M	66.7M	146.4M	–	–	–	185.2M	145.7M	–	–	–
Other States	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	72.4M	–
Corporate Segment and Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	100.0K	–	100.0K	100.0K	100.0K	200.0K	100.0K	200.0K	100.0K	–	–	–	–	–	–	1.3M	900.0K	–	–	2.4M	–	1.4M

WEC Energy revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Public Utility	$2.0B	$3.3B	$2.0B	$1.9B	90%
Non-Utility Energy Infrastructure	$215.6M	$210.7M	$193.3M	$189.4M	10%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

WEC Energy revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Public Utilities	–	–	–	–	99%
Other non-utility revenues	–	–	–	–	1%

In USD, fiscal quarters as reported; share = part of Q1 FY19 revenue.

Questions and answers

What are WEC Energy's business segments?

Public Utility and Non-Utility Energy Infrastructure (as reported for Q2 fiscal 2026).

Which business segment makes the most money for WEC Energy?

Public Utility: $1.97 billion, or 90% of revenue, in Q2 fiscal 2026.

What are WEC Energy's main products and services?

By revenue in Q1 fiscal 2019: Public Utilities (99%) and Other non-utility revenues (1%).

MoreWEC Energy stock overview WEC Energy financials WEC Energy executive team WEC Energy shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.