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MGE Energy MGEE Unbilled Revenue

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Other financials

Income statement

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Revenue$242.7M+10.8%
Operating income$53.2M+0.5%
Net income$48.5M+16.6%
EPS (diluted)$1.32+15.8%

Balance sheet

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Cash & equivalents$9.5M-73.2%
Total debt$920.6M+19.9%
Total equity$1.3B+7.2%
Total assets$3.2B+12.1%

Cash flow

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Operating cash flow$80.7M+3.6%
CapEx$101.1M+112%
Free cash flow-$20.4M-168%

Valuation

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Market cap$2.92B-16.7%
Enterprise value$3.83B-9.4%
P/E20.4×-6.9×
P/S3.8×-1.2×

Profitability

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Operating margin22.3%-0.2pp
Net margin18.6%+0.4pp
FCF margin-17%

Returns & leverage

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Return on equity10.9%+0.3pp
Debt / equity0.7×+0.1×
Current ratio1.2×-0.9×

Where this comes from

Reported directly by MGE Energy in its filing.

Tagged under the XBRL concept us-gaap:UnbilledReceivablesCurrent.

The official record: MGE Energy’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGE Energy's unbilled revenue?
MGE Energy (MGEE) reported unbilled revenue of $31.6M in Q1 2026.
How has MGE Energy's unbilled revenue changed year-over-year?
MGE Energy's unbilled revenue increased by 3.7% year-over-year, from $30.48M to $31.6M.
What is the long-term trend for MGE Energy's unbilled revenue?
Over 5 years (2020 to 2025), MGE Energy's unbilled revenue has grown at a 9.2% compound annual growth rate (CAGR), from $27.51M to $42.77M.
What does unbilled revenue mean?
Represents revenue recognized for utility services provided to customers that has not yet been formally invoiced at the reporting date. This metric reflects the timing difference between service delivery and the billing cycle, serving as a key indicator of operational cash flow timing. High levels may indicate delays in meter reading or billing processes.