WEC能源 2026年季度报告

FORM10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ___________________ CommissionFile NumberRegistrant; State of Incorporation;Address; and Telephone NumberIRS EmployerIdentification No. 001-09057WEC ENERGY GROUP, INC.39-1391525 (A Wisconsin Corporation)231 West Michigan StreetP.O. Box 1331Milwaukee, WI 53201(414) 221-2345 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)hasfiled all reports required to befiled by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports),and (2)has been subject to suchfiling requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrantwas required to submit suchfiles). Yes☒No☐ Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smaller reportingcompany, or an emerging growth company. See the definitions of "large acceleratedfiler," "acceleratedfiler," "smaller reportingcompany," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large acceleratedfiler☒Non-acceleratedfiler☐ Acceleratedfiler☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicabledate (March31, 2026): Common Stock, $.01 Par Value, 325,725,678 shares outstanding WEC ENERGY GROUP, INC.QUARTERLY REPORT ON FORM 10-QFor the Quarter Ended March31, 2026TABLE OF CONTENTS CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATIONFINANCIAL INFORMATIONFINANCIAL STATEMENTS (UNAUDITED)Condensed Consolidated Income StatementsCondensed Consolidated Statements of Comprehensive IncomeCondensed Consolidated Balance SheetsCondensed Consolidated Statements of Cash FlowsCondensed Consolidated Statements of EquityNotes to Condensed Consolidated Financial Statements GLOSSARY OF TERMS AND ABBREVIATIONS The abbreviations and terms set forth below are used throughout this report and have the meanings assigned to them below: CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION In this report, we make statements concerning our expectations, beliefs, plans, objectives, goals, strategies, and future events orperformance. These statements are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, asamended, and Section 21E of the Exchange Act. Readers are cautioned not to place undue reliance on these forward-looking statements.Forward-looking statements may be identified by reference to a future period or periods or by the use of terms such as "anticipates,""believes," "could," "estimates," "expects," "forecasts," "goals," "guidance," "intends," "may," "objectives," "plans," "possible,""potential," "projects," "seeks," "should," "targets," "will," or variations of these terms. Forward-looking statements include, among other things, statements concerning management's expectations and projections regardingearnings, completion of capital projects, sales and customer growth, rate actions and relatedfilings with regulatory authorities,environmental and other regulations, including associated compliance costs, legal proceedings, dividend payout ratios, effective taxrates, pension and OPEB plans, fuel costs, sources of electric energy supply, coal and natural gas deliveries, remediation costs, climate-related matters, our capital plan, liquidity and capital resources, and other matters. Forward-looking statements are subject to a number of risks and uncertainties that could cause our actual results to differ materiallyfrom those expressed or implied in the statements. These risks and uncertainties include those described in risk factors as set forth inour 2025 Annual Report on Form 10-K, and those identified below: •Factors affecting utility and non-utility energy infrastructure operations such as catastrophic weather-related damage, environmentalincidents, unplanned facility outages and repairs and maintenance, electric grid reliability, and electric tran