When did MGE Energy report Q4 2025 earnings?

MGE Energy (MGEE) reported Q4 2025 earnings on February 25, 2026 before market open.

What were MGE Energy's Q4 2025 revenue and EPS?

MGE Energy reported revenue of $189.6M and eps of $0.64 for Q4 2025.

Did MGE Energy beat estimates in Q4 2025?

Revenue beat the consensus estimate of $179.8M by $9.7M. EPS beat the consensus estimate of $0.64 by $0.00.

How did MGE Energy's Q4 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 10.6% from $171.4M a year earlier and eps grew 4.9% from $0.61.

Where can I find MGE Energy's Q4 2025 SEC filings?

You can read the 8-K earnings release (0001193125-26-067481) and the 10-K periodic report (0001193125-26-067036) directly on SEC EDGAR. The filing index links above go to sec.gov.

MGE Energy MGEE Q4 2025 Annual earnings

Reported February 25, 2026 · Before market open

Revenue$189.6MBeat by $9.7M

EPS$0.64In line

Revenue estimate$179.8M

EPS estimate$0.64

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$165.6M

EPS estimate$0.77

Financials

Q4 2025

Income statement

See full

Revenue$189.6M+10.6%

Operating income$32.5M+17.5%

Net income$23.3M+5.8%

EPS (diluted)$0.64+4.9%

Balance sheet

See full

Cash & equivalents$5.7M-73.4%

Total debt$906.4M+15.7%

Total equity$1.3B+6.0%

Total assets$3.2B+11.6%

Cash flow

See full

Operating cash flow$34.5M-49.3%

CapEx$87.6M+20.2%

Free cash flow-$53.1M—

Valuation & ratios

Valuation

as of 12/31/25

See full

Market cap$2.87B-15.8%

Enterprise value$3.77B-9.6%

P/E21.1×-7.1×

P/S3.9×-1.2×

Profitability

See full

Operating margin22.9%+1.3pp

Net margin18.3%+0.5pp

FCF margin-10.8%—

Returns & leverage

See full

Return on equity10.7%+0.6pp

Debt / equity0.7×+0.1×

Current ratio0.8×-1.0×

Segments

By product

See full

Totaloperatingrevenue$189.6M+10.6%

Totalretail$184.5M+11.2%

Residential$83.9M+12.6%

Commercial$61.4M+6.4%

Commercialandindustrial$26.7M+23.1%

By segment

See full

Electric$121.5M+7.2%

Gas$67.8M+17.3%

Non Regulated Energy$214.0K0.0%

Corporate And Other-—

Transmission Investment-—

Versus estimates

Revenue

Q1 2026$242.7MBeat by $15.6M

Q4 2025$189.6MBeat by $9.7M

Q3 2025$175.7M Q2 2025$159.5M Q1 2025$219.0M Q4 2024$171.4M

Diluted EPS

Q1 2026$1.32Beat by $0.19

Q4 2025$0.64In line

Q3 2025$1.22Beat by $0.03 Q2 2025$0.72Miss by $0.01 Q1 2025$1.14Beat by $0.16 Q4 2024$0.61Miss by $0.23

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Questions, answered.

When did MGE Energy report Q4 2025 earnings?: MGE Energy (MGEE) reported Q4 2025 earnings on February 25, 2026 before market open.
What were MGE Energy's Q4 2025 revenue and EPS?: MGE Energy reported revenue of $189.6M and eps of $0.64 for Q4 2025.
Did MGE Energy beat estimates in Q4 2025?: Revenue beat the consensus estimate of $179.8M by $9.7M. EPS beat the consensus estimate of $0.64 by $0.00.
How did MGE Energy's Q4 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 10.6% from $171.4M a year earlier and eps grew 4.9% from $0.61.
Where can I find MGE Energy's Q4 2025 SEC filings?: You can read the 8-K earnings release (0001193125-26-067481) and the 10-K periodic report (0001193125-26-067036) directly on SEC EDGAR. The filing index links above go to sec.gov.