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MGE Energy MGEE Regulated electric

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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%
CapEx$109.8M+71.2%
Free cash flow-$41.6M-420%

Valuation

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Market cap$3.08B+1.6%
Enterprise value$3.98B+5.0%
P/E20.6×-2.6×
P/S-0.2×

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:RegulatedOperatingRevenueElectricNonNuclear.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Operating Revenues:
Electric revenues$131,594$129,527$263,034$255,016
Gas revenues29,60129,925140,864123,406
Total Operating Revenues161,195159,452403,898378,422
Operating Expenses:
Fuel for electric generation12,90716,29233,21633,861
Purchased power5,8135,5628,2809,940
Cost of gas sold9,28511,31380,10865,277

Item 1. Financial Statements.

FAQ

What is MGE Energy's regulated electric?
MGE Energy (MGEE) reported regulated electric of $131.59M in Q2 2026.
How has MGE Energy's regulated electric changed year-over-year?
MGE Energy's regulated electric increased by 1.6% year-over-year, from $129.53M to $131.59M.
What is the long-term trend for MGE Energy's regulated electric?
Over 4 years (2021 to 2025), MGE Energy's regulated electric has grown at a 6.0% compound annual growth rate (CAGR), from $420.96M to $532.23M.
What does regulated electric mean?
This metric represents the total operating revenue generated from regulated electric utility operations, excluding nuclear power generation. It reflects the core income stream derived from providing electricity services to customers under regulatory oversight. This is a primary indicator of the scale and stability of the company's electric utility business model.

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