MDU Resources Group MDU Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income by Business | ||||||
| Electric | $14.55M-19.1% | $17.99M-16.2% | $21.46M+104% | $10.5M-29.8% | $14.94M-12.6% | |
| Natural gas distribution | $44.18M+19.5% | $36.96M+303% | -$18.21M-148% | -$7.36M-116% | $44.66M+52.1% | |
| Other | $6.83M+163% | $2.59M+253% | -$1.7M+64.5% | -$4.78M-193% | $5.15M— | |
| Pipeline | $15.25M-18.8% | $18.79M+12.1% | $16.76M+8.7% | $15.42M-10.4% | $17.21M-16.2% | |
| Other revenues by Business | ||||||
| Electric | -$1.63M— | —— | -$1.01M+52.5% | -$2.13M+50.7% | -$4.33M-188% | |
| Natural gas distribution | $8.27M-18.1% | $10.11M+330% | $2.35M-48.9% | $4.61M+309% | $1.13M-80.7% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $24K-31.4% | $35K-50.0% | $70K+106% | $34K+127% | $15K-94.0% | |
| Revenues from contracts with customers by Business | ||||||
| Electric | $122.65M+12.8% | $108.7M-8.4% | $118.68M+18.7% | $100.02M-14.2% | $116.59M+16.0% | |
| Natural gas distribution | $462.35M+17.7% | $392.87M+172% | $144.22M-30.3% | $206.79M-61.7% | $539.25M+32.7% | |
| Other | -$199K-9.3% | -$182K0.0% | -$182K-1.1% | -$180K-1.1% | -$178K-35.9% | |
| Pipeline | -$34.46M— | —— | —— | —— | -$33.34M— | |
| Income from Continuing Ops by Business | ||||||
| Electric | $14.55M-19.1% | $17.99M-16.2% | $21.46M+104% | $10.5M-29.8% | $14.94M-12.6% | |
| Natural gas distribution | $44.18M+19.5% | $36.96M+303% | -$18.21M-148% | -$7.36M-116% | $44.66M+52.1% | |
| Other | $6.96M+161% | $2.67M+261% | -$1.66M+62.1% | -$4.38M-177% | $5.66M— | |
| Pipeline | $15.25M-18.8% | $18.79M+12.1% | $16.76M+8.7% | $15.42M-10.4% | $17.21M-16.2% | |
| Income taxes by Business | ||||||
| Electric | -$4.91M-67.5% | -$2.93M-319% | $1.34M+131% | -$4.25M-14.0% | -$3.73M-186% | |
| Natural gas distribution | $12.43M+36.8% | $9.09M+219% | -$7.61M-82.5% | -$4.17M-134% | $12.3M+49.5% | |
| Other | -$7.54M-95.0% | -$3.87M-200% | $3.86M-18.6% | $4.74M+193% | -$5.13M-38.5% | |
| Pipeline | $4.7M-17.3% | $5.69M+18.9% | $4.78M+10.3% | $4.34M-15.4% | $5.13M+72.2% | |
| Other income by Business | ||||||
| Electric | $451K-73.9% | $1.73M-14.9% | $2.03M-25.6% | $2.73M+175% | $992K-64.0% | |
| Natural gas distribution | $2.27M-36.0% | $3.55M-7.9% | $3.85M-24.4% | $5.1M+54.3% | $3.3M-45.0% | |
| Other | -$805K+41.6% | -$1.38M+11.9% | -$1.57M-47.5% | -$1.06M-7.6% | -$986K+61.3% | |
| Pipeline | -$423K-162% | $684K-22.3% | $880K-45.5% | $1.62M+426% | $307K-75.1% | |
| Taxes, other than income by Business | ||||||
| Electric | $5.52M+19.2% | $4.63M-1.8% | $4.71M+1.4% | $4.65M-3.5% | $4.82M+9.9% | |
| Natural gas distribution | $26.45M+28.9% | $20.53M+53.5% | $13.38M-21.0% | $16.94M-44.7% | $30.63M+46.5% | |
| Other | $0— | $0— | $0— | $0— | $0-100% | |
| Pipeline | $3.76M+3.2% | $3.64M-1.3% | $3.69M+2.9% | $3.58M+8.1% | $3.31M+8.1% | |
| Loss from discontinued operations, net of tax by Business | ||||||
| Electric | $0— | $0— | $0— | $0— | $0— | |
| Natural gas distribution | $0— | $0— | $0— | $0— | $0— | |
| Other | -$130K-75.7% | -$74K-89.7% | -$39K+90.2% | -$397K+20.9% | -$502K— | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| Interest Expense by Business | ||||||
| Electric | $11.91M+37.7% | $8.65M+13.2% | $7.64M+0.3% | $7.61M-3.5% | $7.89M+2.5% | |
| Natural gas distribution | $16.29M0.0% | $16.28M+10.9% | $14.69M+6.8% | $13.75M-7.6% | $14.88M-8.5% | |
| Other | $1.39M+19.6% | $1.16M-29.5% | $1.65M+73.0% | $951K+1.4% | $938K+151% | |
| Pipeline | $3.1M+4.2% | $2.98M+21.6% | $2.45M-21.9% | $3.14M+0.4% | $3.12M-8.1% | |
| Purchased natural gas sold by Business | ||||||
| Electric | $0— | $0— | $0— | $0— | $0— | |
| Natural gas distribution | $239.39M+19.9% | $199.74M+241% | $58.51M-39.1% | $96.06M-69.7% | $317.16M+41.7% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| Operation and maintenance by Business | ||||||
| Electric | $28.71M+8.1% | $26.55M+2.3% | $25.96M-13.0% | $29.82M+5.0% | $28.41M+14.0% | |
| Natural gas distribution | $65.13M+7.8% | $60.44M+6.9% | $56.53M-6.5% | $60.46M-4.8% | $63.48M+2.3% | |
| Other | $305K— | —— | -$1.74M-780% | $256K+244% | -$178K— | |
| Pipeline | $20.77M+9.2% | $19.01M-9.5% | $21.02M-6.0% | $22.35M+16.2% | $19.24M+1.3% | |
| Electric fuel and purchased power by Business | ||||||
| Electric | $46.07M+17.3% | $39.26M-4.5% | $41.1M+17.8% | $34.89M-20.2% | $43.75M+36.0% | |
| Natural gas distribution | $0— | $0— | $0— | $0— | $0— | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Electric | $19.63M+11.8% | $17.55M+0.4% | $17.48M+0.5% | $17.39M+1.2% | $17.18M+2.0% | |
| Natural gas distribution | $26.33M+2.0% | $25.83M-2.8% | $26.56M+0.3% | $26.47M+1.3% | $26.12M+0.9% | |
| Other | $0— | $0— | $0— | $0— | $0-100% | |
| Pipeline | $8.22M+0.6% | $8.17M+2.0% | $8.01M+0.3% | $7.99M+0.4% | $7.96M+5.3% | |
| Credit loss recoveries collected by Business | ||||||
| Electric | $188K+138% | $79K+3.9% | $76K+2.7% | $74K-55.4% | $166K+127% | |
| Natural gas distribution | $272K-45.5% | $499K+127% | $220K+33.3% | $165K-34.5% | $252K-44.5% | |
| Pipeline | $0— | —— | $0— | $0— | $0— | |
| Accounts Receivable, Allowance for Credit Loss by Business | ||||||
| Electric | $580K+14.6% | $506K+2.2% | $495K+7.4% | $461K-14.9% | $542K+14.6% | |
| Natural gas distribution | $2.29M+58.5% | $1.44M+57.0% | $919K-41.6% | $1.57M-38.6% | $2.56M+87.6% | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| Provision for Credit Losses by Business | ||||||
| Electric | $952K+119% | $434K-32.8% | $646K+263% | $178K-81.0% | $939K+135% | |
| Natural gas distribution | $1.67M+54.3% | $1.08M-31.5% | $1.58M+1,146% | -$151K-107% | $2.21M+83.5% | |
| Pipeline | $0— | —— | $0— | $0— | $0— | |
| Less write-offs charged against the allowance by Business | ||||||
| Electric | $1.07M+112% | $502K-27.0% | $688K+107% | $333K-67.9% | $1.04M+106% | |
| Natural gas distribution | $1.1M+3.9% | $1.06M-56.9% | $2.45M+145% | $1M-21.0% | $1.27M+9.0% | |
| Pipeline | $0— | —— | $0— | $0— | $0— | |
| Revenues from contracts with customers by Product | ||||||
| Natural gas storage | $5.47M-14.4% | $6.39M+12.5% | $5.68M+9.8% | $5.17M-14.2% | $6.03M-12.9% | |
| Natural gas transportation | $66.58M+0.7% | $66.09M+4.0% | $63.53M+2.6% | $61.93M-7.5% | $66.96M+6.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MDU Resources Group break its business down?
- MDU Resources Group (MDU) reports net income by business across 4 parts — Electric, Natural gas distribution, Other and Pipeline. Each is extracted from the segment footnotes and tracked over time.
- Where does MDU Resources Group's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MDU Resources Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.