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Other financials

Income statement

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Revenue$161.2M+1.1%
Operating income$32.6M-4.6%
Net income$33.4M+25.9%
EPS (diluted)$0.89+23.6%

Balance sheet

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Cash & equivalents$16.6M+57.3%
Total debt$913.9M+19.2%
Total equity$1.4B+13.4%
Total assets$3.3B+15.4%

Cash flow

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Operating cash flow$68.1M+21.5%
Free cash flow-$41.6M-420%

Valuation

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Market cap$3.05B-0.3%
Enterprise value$3.95B+3.4%
P/E20.4×-3.0×
P/S-0.3×

Profitability

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Operating margin22%-0.7pp
Net margin19.5%+1.2pp
FCF margin-21.4%

Returns & leverage

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Return on equity11%+0.3pp
Debt / equity0.6×0.0×
Current ratio1.1×-0.7×

Where this comes from

Reported directly by MGE Energy in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: MGE Energy’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 8:37 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001193125-26-333969
Line itemSix Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Other, net(11,480)4,520
Cash Provided by Operating Activities148,828133,953
Investing Activities:
Capital expenditures(210,906)(111,753)
Capital contributions to investments(7,714)(5,871)
Other2,287(630)
Cash Used for Investing Activities(216,333)(118,254)
Financing Activities:

Item 1. Financial Statements.

FAQ

What is MGE Energy's capex?
MGE Energy (MGEE) reported capex of $109.77M in Q2 2026.
How has MGE Energy's capex changed year-over-year?
MGE Energy's capex increased by 71.2% year-over-year, from $64.1M to $109.77M.
What is the long-term trend for MGE Energy's capex?
Over 4 years (2021 to 2025), MGE Energy's capex has grown at a 22.3% compound annual growth rate (CAGR), from $153.17M to $343.22M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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