MGE Energy financials
$69.24+0.45%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $161.2M | $242.7M | $189.6M | $175.7M | $159.5M | $219.0M | $171.4M | $168.5M | $145.7M | $191.3M | $164.7M | $160.5M |
| Gross profit | $146.1M | $169.4M | $146.9M | $166.5M | $142.6M | $160.6M | $135.1M | $155.7M | $130.6M | $140.0M | $125.3M | $148.3M |
| Gross margin | 90.6% | 69.8% | 77.5% | 94.8% | 89.4% | 73.4% | 78.8% | 92.4% | 89.6% | 73.2% | 76.1% | 92.4% |
| Operating income | $32.6M | $53.2M | $32.5M | $51.1M | $34.2M | $52.9M | $27.6M | $48.1M | $29.7M | $40.7M | $24.2M | $43.8M |
| Net income | $33.4M | $48.5M | $23.3M | $44.5M | $26.5M | $41.6M | $22.0M | $40.9M | $23.8M | $33.8M | $20.1M | $37.9M |
| Net margin | 20.7% | 20.0% | 12.3% | 25.3% | 16.6% | 19.0% | 12.8% | 24.3% | 16.3% | 17.7% | 12.2% | 23.6% |
| Diluted EPS | $0.89 | $1.32 | $0.64 | $1.22 | $0.72 | $1.14 | $0.61 | $1.13 | $0.66 | $0.93 | $0.55 | $1.05 |
| EBITDA | $61.6M | $81.2M | $62.0M | $79.9M | $62.6M | $80.5M | $55.6M | $75.2M | $56.7M | $67.3M | $24.2M | $69.0M |
| Operating cash flow | $68.1M | $80.7M | $34.5M | $94.8M | $56.1M | $77.9M | $67.9M | $79.4M | $64.6M | $65.8M | $43.5M | $67.0M |
| Free cash flow | -$41.6M | -$20.4M | -$53.1M | -$49.1M | -$8.0M | $30.2M | -$4.9M | $27.0M | -$2.2M | $21.0M | -$28.3M | $24.4M |
| Diluted shares | 37.5M | 36.6M | 36.6M | 36.6M | 36.6M | 36.5M | 36.4M | 36.2M | 36.2M | 36.2M | 36.2M | 36.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $16.6M | $9.5M | $5.7M | $10.1M | $10.6M | $35.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $934.4M | $941.1M | $908.4M | $841.4M | $772.1M | $767.8M |
| Total assets | $3.30B | $3.19B | $3.16B | $2.99B | $2.86B | $2.84B |
| Total liabilities | $1.86B | $1.84B | $1.85B | $1.69B | $1.59B | $1.58B |
| Shareholders' equity | $1.44B | $1.35B | $1.30B | $1.30B | $1.27B | $1.26B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology