MGE ENERGY INCMGEEEarnings & Financial Report
Nasdaq
MGE Energy: MGE Energy, Inc. is a utility holding company based in Madison, Wisconsin. Its main subsidiary, Madison Gas and Electric Co., produces and distributes electricity and distributes natural gas.
NextFeb 27, 2026
MGEE Q3 2025 Key Financial Metrics
Revenue
$-8.7M
Gross Profit
N/A
Operating Profit
$51.1M
Net Profit
$44.5M
Gross Margin
N/A
Operating Margin
-588.6%
Net Margin
-512.8%
YoY Growth
-3.3%
EPS
$1.22
MGE ENERGY INC Q3 2025 Financial Summary
MGE ENERGY INC reported revenue of $-8.7M for Q3 2025, with a net profit of $44.5M (-512.8% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $-8.7M |
|---|---|
| Net Profit | $44.5M |
| Gross Margin | N/A |
| Operating Margin | -588.6% |
| Report Period | Q3 2025 |
MGE ENERGY INC Annual Revenue by Year
MGE ENERGY INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $-32.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $-32.9M |
| 2023 | $-30.4M |
| 2022 | $-26.6M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $-7.5M | $-8.0M | $-8.3M | $-8.4M | $-8.2M | $-7.6M | $-8.5M | $-8.7M |
| YoY Growth | -8.1% | -6.9% | -7.3% | -9.7% | -9.0% | 5.3% | -1.6% | -3.3% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.68B | $2.67B | $2.72B | $2.75B | $2.83B | $2.84B | $2.86B | $2.99B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $1.14B | $1.16B | $1.17B | $1.20B | $1.23B | $1.26B | $1.27B | $1.30B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $43.5M | $65.8M | $64.6M | $79.4M | $67.9M | $77.9M | $56.1M | $94.8M |