{
  "url": "https://struct.news/briefs/wec-added-13-billion-of-revenue-but-cash-barely-moved",
  "title": "WEC added $1.3 billion of revenue, but cash barely moved",
  "summary": "Accounts receivable rose 50.8% even as free-cash-flow margin improved by 13.6 percentage points.",
  "published_at": "2026-08-04T13:03:53.763841+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "WEC Energy Group, Inc.",
    "ticker": "WEC",
    "cik": "783325",
    "sector": "Utilities",
    "industry": "Utilities - Regulated Electric"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-05-07",
    "accession": "0000783325-26-000052",
    "url": "https://www.sec.gov/Archives/edgar/data/783325/000078332526000052/wec-20260331.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-10-31",
    "url": "https://www.sec.gov/Archives/edgar/data/783325/000078332525000060/wec-20250930.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 9800100000,
      "display": "$9.8B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000783325-26-000052",
        "filing_date": "2026-05-07"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 13.955976232281774,
      "display": "+14.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000783325-26-000052",
        "filing_date": "2026-05-07"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 22.906909113172315,
      "display": "+22.9%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000783325-26-000052",
        "filing_date": "2026-05-07"
      }
    }
  ],
  "watch_next": [
    {
      "type": "capital_investment",
      "statement": "Total capital expenditures for Q1 2026 were $817.9M, up $116.8M vs Q1 2025, driven by Wisconsin CTs/LNG and renewables and higher non-utility project spending.",
      "importance": "medium",
      "evidence": "Capital expenditures by segment for the three months ended March 31 were as follows: Reportable Segment (in millions) 2026 2025 Change in 2026 Over 2025 Wisconsin $ 716.3 $ 616.9 $ 99.4 Illinois 55.9 53.8 2.1 Other states 12.2 17.8 (5.6) Non-utility energy infrastructure 27.0 8.5 18.5 Corporate and other 6.5 4.1 2.4 Total capital expenditures $ 817.9 $ 701.1 $ 116.8",
      "source_date": "2026-05-07"
    }
  ],
  "related_tickers": [
    "WEC"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}