WEC · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

WEC ENERGY GROUP, INC. · 2026-10-30 · Importance 54 · Surprise 40 · Matches filing data

Net cash provided by operating activities increased $458.3 million to $3,413.1 million for the nine months ended September 30, 2026. Higher customer collections contributed $445.5 million of increased cash, reflecting the Wisconsin rate orders effective January 1, 2026 and the impact of VLCs. Lower operating and maintenance payments added $106.8 million, mainly because of payment timing for accounts payable, partly offset by higher transmission costs. Higher property and revenue tax payments reduced cash by $38.1 million, and higher interest payments reduced it by $25.8 million.

Key facts

• Net cash provided by operating activities increased $458.3 million during the nine months ended September 30, 2026, compared with 2025. source
• Higher customer collections increased operating cash by $445.5 million, driven by Wisconsin rate orders effective January 1, 2026 and the impact of VLCs. source
• Lower payments for operating and maintenance expenses increased cash by $106.8 million, primarily due to payment timing for accounts payable, partly offset by higher transmission costs. source
• Higher interest payments reduced cash by $25.8 million, reflecting higher average short-term debt balances and long-term debt issuances in 2025 and 2026. source
• Higher property and revenue tax payments reduced cash by $38.1 million, driven by higher Wisconsin gross receipts taxes, Illinois revenue taxes, and WECI property taxes. source
• WEC Energy Group anticipates meeting short- and long-term cash requirements through internally generated operating cash, capital-market access, and common equity. source

Impact estimates