MGEEMGE Energy, Inc.

$70.19-15% 1Y

The financials

MGE Energy, Inc. by the numbers

MGE Energy, Inc. (MGEE) reported revenue of $243M in Q1 2026 (quarter ended Mar 31, 2026), up 11% from the same quarter a year earlier. That came with net income of $48M (20% of revenue). For the full year FY2025, revenue was $744M (+9.9% year on year) and net income $136M. Its largest product in Jun 2026 was Totaloperatingrevenue at $161M, 38% of the disclosed total, ahead of Totalretail at 29%. The next results filing is expected around Nov 4, 2026, the same week as a year ago.

MGE Energy, Inc. income statement, Q1 2026 against the same quarter a year earlier
Income statementQ1 2026Q1 2025Change
Revenue$243M$219M+11%
Operating income$53M$53M+0.5%
Net income$48M$42M+17%
Diluted EPS$1.32$1.14+16%
Revenue by product, Jun 2026, as reported to the SEC
ProductRevenueShare
Totaloperatingrevenue$161M38%
Totalretail$124M29%
Commercial$66M15%
Residential$44M10%
Otherretailandmunicipal$11M2.5%
Commercialandindustrial$9.9M2.3%
Salestothemarket$7.0M1.6%
Industrial$3.3M0.8%
Gastransportation$1.6M0.4%
Otherrevenues$680K0.2%

Business segments

Revenue split by product segment, from SEC XBRL filings.

Latest period: Jun 2026Total $427.7M (-21%)
Gastransportation grew +12% year on yearOtherrevenues -16% year on year
  • Totaloperatingrevenue$161.2Mquarter on quarter -34%year on year +1.1%
  • Totalretail$123.7Mquarter on quarter +4.0%year on year +2.5%
  • Commercial$65.6Mquarter on quarter +6.8%year on year +2.5%
  • Residential$43.9Mquarter on quarter -3.1%year on year +1.7%
  • Otherretailandmunicipal$10.9Mquarter on quarter +16%year on year +4.9%
  • Commercialandindustrial$9.9Mquarter on quarter -78%year on year -5.5%
  • Salestothemarket$7.0Mquarter on quarter -39%year on year -10%
  • Industrial$3.3Mquarter on quarter +15%year on year +5.0%
  • Gastransportation$1.6Mquarter on quarter -44%year on year +12%
  • Otherrevenues$680.0Kquarter on quarter -21%year on year -16%
Latest source: 10-Q filed Aug 5, 2026, SEC EDGAR