NorthWestern Energy Q1 FY26 net income drops 17.4% to $63.5 million

• NorthWestern Energy posted first-quarter 2026 net income of $63.5 million, down 17.4%.
• Revenue rose to $497.6 million, up 6.6%.
• Operating income slipped to $114.1 million, down 8.5%, on lower retail volumes and higher operating and administrative costs that included merger-related costs and Colstrip ownership costs.
• Merger with Black Hills advanced with shareholder approvals and key regulatory settlements, keeping a targeted second-half 2026 close; new combined parent name selected as Bright Horizon Energy.
• 2026 non-GAAP EPS guidance was reaffirmed at $3.68-$3.83, excluding pending merger costs.

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