MDU Resources Group MDU Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income by Business | ||||||
| Electric | $14.55M-2.6% | $17.99M+5.2% | $21.46M-11.6% | $10.5M-32.4% | $14.94M-16.4% | |
| Natural gas distribution | $44.18M-1.1% | $36.96M+25.9% | -$18.21M-4.2% | -$7.36M-46.9% | $44.66M+11.4% | |
| Other | $6.83M+32.5% | $2.59M— | -$1.7M-104% | -$4.78M-115% | $5.15M-81.5% | |
| Pipeline | $15.25M-11.4% | $18.79M-8.5% | $16.76M+10.4% | $15.42M-10.7% | $17.21M+14.3% | |
| Other revenues by Business | ||||||
| Electric | -$1.63M+62.2% | —— | -$1.01M+68.0% | -$2.13M-153% | -$4.33M-128% | |
| Natural gas distribution | $8.27M+635% | $10.11M+73.3% | $2.35M+10.9% | $4.61M+114% | $1.13M-41.4% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $24K+60.0% | $35K-85.9% | $70K+112% | $34K-12.8% | $15K-68.1% | |
| Revenues from contracts with customers by Business | ||||||
| Electric | $122.65M+5.2% | $108.7M+8.1% | $118.68M+6.3% | $100.02M0.0% | $116.59M+6.3% | |
| Natural gas distribution | $462.35M-14.3% | $392.87M-3.3% | $144.22M+8.0% | $206.79M+2.7% | $539.25M+17.4% | |
| Other | -$199K-11.8% | -$182K-38.9% | -$182K-767% | -$180K-800% | -$178K-748% | |
| Pipeline | -$34.46M-3.4% | —— | —— | —— | -$33.34M— | |
| Income from Continuing Ops by Business | ||||||
| Electric | $14.55M-2.6% | $17.99M+5.2% | $21.46M-11.6% | $10.5M-32.4% | $14.94M-16.4% | |
| Natural gas distribution | $44.18M-1.1% | $36.96M+25.9% | -$18.21M-4.2% | -$7.36M-46.9% | $44.66M+11.4% | |
| Other | $6.96M+23.1% | $2.67M— | -$1.66M+74.0% | -$4.38M+41.9% | $5.66M+225% | |
| Pipeline | $15.25M-11.4% | $18.79M-8.5% | $16.76M+10.4% | $15.42M-10.7% | $17.21M+14.3% | |
| Income taxes by Business | ||||||
| Electric | -$4.91M-31.7% | -$2.93M-125% | $1.34M-13.3% | -$4.25M-107% | -$3.73M-528% | |
| Natural gas distribution | $12.43M+1.0% | $9.09M+10.4% | -$7.61M-6.8% | -$4.17M-9.7% | $12.3M+15.2% | |
| Other | -$7.54M-47.1% | -$3.87M-4.5% | $3.86M+118% | $4.74M+26.1% | -$5.13M+29.5% | |
| Pipeline | $4.7M-8.3% | $5.69M+91.0% | $4.78M+2.0% | $4.34M-18.1% | $5.13M+13.7% | |
| Other income by Business | ||||||
| Electric | $451K-54.5% | $1.73M-37.4% | $2.03M+44.5% | $2.73M+32.0% | $992K-49.9% | |
| Natural gas distribution | $2.27M-31.2% | $3.55M-40.9% | $3.85M-35.7% | $5.1M-4.8% | $3.3M-59.6% | |
| Other | -$805K+18.4% | -$1.38M+45.8% | -$1.57M+58.8% | -$1.06M+73.9% | -$986K+77.5% | |
| Pipeline | -$423K-238% | $684K-44.6% | $880K-21.2% | $1.62M-40.8% | $307K-60.1% | |
| Taxes, other than income by Business | ||||||
| Electric | $5.52M+14.6% | $4.63M+5.6% | $4.71M+30.7% | $4.65M+2.6% | $4.82M-5.3% | |
| Natural gas distribution | $26.45M-13.6% | $20.53M-1.8% | $13.38M+19.6% | $16.94M+3.5% | $30.63M+11.0% | |
| Other | $0— | $0-100% | $0-100% | $0-100% | $0-100% | |
| Pipeline | $3.76M+13.4% | $3.64M+18.7% | $3.69M+22.7% | $3.58M+19.2% | $3.31M+7.1% | |
| 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+74.1% | -$74K— | -$39K-100% | -$397K-101% | -$502K-102% | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| Interest Expense by Business | ||||||
| Electric | $11.91M+51.0% | $8.65M+12.5% | $7.64M-0.1% | $7.61M+5.4% | $7.89M+5.2% | |
| Natural gas distribution | $16.29M+9.5% | $16.28M+0.1% | $14.69M-7.6% | $13.75M-10.5% | $14.88M-5.0% | |
| Other | $1.39M+47.8% | $1.16M+164% | $1.65M+156% | $951K+129% | $938K+134% | |
| Pipeline | $3.1M-0.6% | $2.98M-12.4% | $2.45M-4.6% | $3.14M+15.8% | $3.12M+42.3% | |
| Purchased natural gas sold by Business | ||||||
| Electric | $0— | $0— | $0— | $0— | $0— | |
| Natural gas distribution | $239.39M-24.5% | $199.74M-10.8% | $58.51M+9.6% | $96.06M+1.5% | $317.16M+22.6% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| Operation and maintenance by Business | ||||||
| Electric | $28.71M+1.0% | $26.55M+6.6% | $25.96M+11.1% | $29.82M+29.1% | $28.41M+20.7% | |
| Natural gas distribution | $65.13M+2.6% | $60.44M-2.6% | $56.53M+3.2% | $60.46M+10.1% | $63.48M+7.0% | |
| Other | $305K+271% | —— | -$1.74M-143% | $256K-91.0% | -$178K-103% | |
| Pipeline | $20.77M+8.0% | $19.01M+0.1% | $21.02M+10.8% | $22.35M+17.2% | $19.24M+4.5% | |
| Electric fuel and purchased power by Business | ||||||
| Electric | $46.07M+5.3% | $39.26M+22.1% | $41.1M+26.2% | $34.89M-4.9% | $43.75M+10.1% | |
| 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+14.2% | $17.55M+4.2% | $17.48M+3.7% | $17.39M+7.2% | $17.18M+3.4% | |
| Natural gas distribution | $26.33M+0.8% | $25.83M-0.2% | $26.56M+6.0% | $26.47M+3.6% | $26.12M+2.5% | |
| Other | $0— | $0-100% | $0-100% | $0-100% | $0-100% | |
| Pipeline | $8.22M+3.3% | $8.17M+8.1% | $8.01M+8.7% | $7.99M+9.2% | $7.96M+11.8% | |
| Credit loss recoveries collected by Business | ||||||
| Electric | $188K+13.3% | $79K+8.2% | $76K-11.6% | $74K-7.5% | $166K+12.9% | |
| Natural gas distribution | $272K+7.9% | $499K+9.9% | $220K-13.7% | $165K-15.8% | $252K-19.7% | |
| Pipeline | $0— | —— | $0— | $0— | $0— | |
| Accounts Receivable, Allowance for Credit Loss by Business | ||||||
| Electric | $580K+7.0% | $506K+7.0% | $495K-1.6% | $461K-6.1% | $542K-20.8% | |
| Natural gas distribution | $2.29M-10.7% | $1.44M+5.6% | $919K+5.6% | $1.57M+11.9% | $2.56M+30.4% | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| Provision for Credit Losses by Business | ||||||
| Electric | $952K+1.4% | $434K+8.8% | $646K+24.2% | $178K-6.3% | $939K+20.1% | |
| Natural gas distribution | $1.67M-24.5% | $1.08M-10.3% | $1.58M+18.7% | -$151K-170% | $2.21M+15.5% | |
| Pipeline | $0— | —— | $0— | $0— | $0— | |
| Less write-offs charged against the allowance by Business | ||||||
| Electric | $1.07M+2.9% | $502K0.0% | $688K+15.8% | $333K-28.1% | $1.04M+57.2% | |
| Natural gas distribution | $1.1M-13.5% | $1.06M-9.2% | $2.45M+15.7% | $1M+3.4% | $1.27M-12.8% | |
| Pipeline | $0— | —— | $0— | $0— | $0— | |
| Revenues from contracts with customers by Product | ||||||
| Natural gas storage | $5.47M-9.3% | $6.39M-7.7% | $5.68M-6.2% | $5.17M-3.0% | $6.03M+12.0% | |
| Natural gas transportation | $66.58M-0.6% | $66.09M+4.7% | $63.53M+11.0% | $61.93M+9.2% | $66.96M+15.0% |
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.