NWN Q2 2023 Earnings — Northwest Natural Holding Company Revenue & Financial Results | Market Cap Arena

NWNNorthwest Natural Holding Company

$2B

Q2 2023 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$238M+22.0% YoY

Gross Profit

$59M25.0% margin

Operating Income

$14M5.8% margin

Net Income

$1M0.5% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-48.6%

Cash Flow

Operating Cash Flow

$121M

Free Cash Flow

$47M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$3.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$238M	$195M	+22.0%
Gross Profit	$59M	$54M	+10.4%
Operating Income	$14M	$14M	+2.2%
Net Income	$1M	$2M	-27.5%

Revenue Segments

Alternative revenue

$4M100%