WEC Energy Group (WEC) 10-K Summaries & Annual Filing History
Review WEC Energy Group, Inc. (WEC) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
WEC Energy Group is a regulated energy company with utility and transmission operations. For the fiscal year, the company reported higher revenue and strong operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$9.8B
Revenue reported for the fiscal year.
Operating income
$2.2B
Income from operations reported for the year.
Net income
$1.6B
Net income reported for the year.
Operating cash flow
$3.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $9.6B | +15.4% |
| Dec 31, 2023 | $8.9B | -7.3% |
| Dec 31, 2024 | $8.6B | -3.3% |
| Dec 31, 2025 | $9.8B | +14.0% |
Business overview
The company operates through utility energy operations, an electric transmission segment, and non-utility operations. Its business is subject to regulation and environmental compliance requirements. The filing also discusses human capital management.
Financial performance
Revenue increased compared to the prior year, reversing a multi-year decline. Operating income and net income were reported at levels consistent with the company's scale. Operating cash flow was substantial, supporting financial flexibility.
Material risks
The filing identifies risk factors including regulatory and environmental compliance risks. Other uncertainties are described in the risk factors section. These factors could affect future results.
Liquidity and capital
The company's operating cash flow provides a source of liquidity. No specific capital allocation plans are detailed in the supplied context.
What to watch
Investors should monitor whether the recent revenue growth continues in the next filing.