Security
MGE Energy, Inc · MGEE
MGEENASDAQCommon stockCurrentCIK 1161728Updated Oct 6, 2026
MGEE price & chart
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NASDAQ:MGEE on TradingView ↗About the company
MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to 170,000 customers in Dane County, Wis., and purchases and distributes natural gas to 180,000 customers in seven south-central and western Wisconsin counties. MGE's roots in the Madison area date back more than 150 years.
In the news
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Recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Other Events
Items 8.01, 9.01
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
Show 5 more recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
424B5 filing
424B5 filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q3 2023 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 2,990,736,000Source | 2,749,325,000Source | 2,590,532,000Source | 2,860,537,000Source | 2,724,642,000Source | 3,185,682,000Source | 2,841,377,000Source | 2,674,076,000Source | 3,155,420,000Source | 2,827,959,000Source | 2,675,458,000Source | 2,517,600,000Source |
| Property, Plant and Equipment, NetUSD | 2,468,731,000Source | 2,232,552,000Source | 2,070,536,000Source | 2,340,734,000Source | 2,201,293,000Source | 2,608,516,000Source | 2,298,072,000Source | 2,139,907,000Source | 2,572,868,000Source | 2,287,346,000Source | 2,128,212,000Source | 1,971,100,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 10,141,000Source | 14,875,000Source | 11,269,000Source | 10,569,000Source | 16,270,000Source | 9,468,000Source | 35,307,000Source | 16,687,000Source | 5,666,000Source | 21,302,000Source | 11,140,000Source | 11,604,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 41,490,000Source | 44,626,000Source | 43,819,000Source | 43,308,000Source | 42,962,000Source | 59,014,000Source | 53,083,000Source | 45,342,000Source | 57,558,000Source | 51,277,000Source | 46,734,000Source | 55,407,000Source |
| Assets, CurrentUSD | 195,026,000Source | 210,325,000Source | 216,411,000Source | 198,252,000Source | 222,230,000Source | 211,134,000Source | 222,346,000Source | 221,745,000Source | 228,548,000Source | 227,265,000Source | 238,197,000Source | 243,480,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 7,249,000Source | 7,400,000Source | 7,557,000Source | 7,786,000Source |
| Other Assets, NoncurrentUSD | 18,606,000Source | 22,273,000Source | 21,485,000Source | 18,505,000Source | 20,910,000Source | 19,215,000Source | 27,136,000Source | 20,595,000Source | 18,348,000Source | 26,285,000Source | 20,741,000Source | 23,809,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | — | — | — | — | — | — | — | — | 36,542,000Source | 36,490,000Source | 36,163,000Source | 36,163,000Source |
| Additional Paid in CapitalUSD | — | — | — | — | — | — | — | — | 434,959,000Source | 429,515,000Source | 396,750,000Source | 395,657,000Source |
| Retained Earnings (Accumulated Deficit)USD | — | — | — | — | — | — | — | — | 832,435,000Source | 764,133,000Source | 707,160,000Source | 649,854,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,297,653,000Source | 1,195,265,000Source | 1,135,253,000Source | 1,269,973,000Source | 1,167,628,000Source | 1,349,399,000Source | 1,258,913,000Source | 1,158,783,000Source | 1,303,936,000Source | 1,230,138,000Source | 1,140,073,000Source | 1,081,674,000Source |
| Liabilities and EquityUSD | 2,990,736,000Source | 2,749,325,000Source | 2,590,532,000Source | 2,860,537,000Source | 2,724,642,000Source | 3,185,682,000Source | 2,841,377,000Source | 2,674,076,000Source | 3,155,420,000Source | 2,827,959,000Source | 2,675,458,000Source | 2,517,600,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 215,111,000Source | 149,605,000Source | 122,838,000Source | 109,837,000Source | 168,077,000Source | 183,163,000Source | 107,517,000Source | 139,655,000Source | 296,709,000Source | 125,563,000Source | 157,156,000Source | 225,062,000Source |
| Operating Lease, Liability, CurrentUSD | — | — | — | — | — | — | — | — | 73,000Source | 65,000Source | 114,000Source | 136,000Source |
| Accounts Payable, CurrentUSD | 67,058,000Source | 45,710,000Source | 53,593,000Source | 50,344,000Source | 49,834,000Source | 57,288,000Source | 48,016,000Source | 41,594,000Source | 117,673,000Source | 77,466,000Source | 65,451,000Source | 59,334,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | — | — | — | — | — | — | 7,708,000Source | 7,781,000Source | 7,801,000Source | 7,915,000Source |
| Deferred Income Tax Liabilities, NetUSD | 320,660,000Source | 299,728,000Source | 271,453,000Source | 316,017,000Source | 287,160,000Source | 344,250,000Source | 320,048,000Source | 283,421,000Source | 337,798,000Source | 316,397,000Source | 279,029,000Source | 252,190,000Source |
| Other Liabilities, NoncurrentUSD | 66,031,000Source | 63,749,000Source | 96,102,000Source | 65,235,000Source | 61,896,000Source | 62,645,000Source | 63,664,000Source | 60,072,000Source | 63,397,000Source | 64,553,000Source | 43,643,000Source | 96,990,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 337,798,000Source | 316,397,000Source | 279,029,000Source | 252,190,000Source |
| Long-term Debt, Current MaturitiesUSD | 20,395,000Source | 5,250,000Source | 5,112,000Source | 5,358,000Source | 5,215,000Source | 20,471,000Source | 5,321,000Source | 5,180,000Source | 21,633,000Source | 5,285,000Source | 5,146,000Source | 54,314,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 745,047,000Source | 715,268,000Source | 690,028,000Source | 761,274,000Source | 716,461,000Source | 880,344,000Source | 762,492,000Source | 717,646,000Source | 792,205,000Source | 763,697,000Source | 718,822,000Source | 585,246,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 44,497,000Source | 40,939,000Source | 26,498,000Source | 23,794,000Source | 48,481,000Source | 41,592,000Source | 135,889,000Source | 120,569,000Source | 117,699,000Source | 110,952,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | — | — | -5,071,000Source | -5,542,000Source | 850,000Source | 22,226,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -16,661,000Source | -16,485,000Source | 8,483,000Source | 6,491,000Source | -5,208,000Source | 5,102,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 2,497,000Source | 1,344,000Source | 7,623,000Source | 608,000Source | 22,999,000Source | 23,435,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 80,693,000Source | 77,862,000Source | 263,234,000Source | 277,784,000Source | 237,561,000Source | 153,735,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -105,459,000Source | -50,592,000Source | -350,561,000Source | -241,487,000Source | -230,020,000Source | -180,145,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | — | -503,000Source | 399,000Source | -2,155,000Source | -230,000Source | 954,000Source | -70,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 101,140,000Source | 47,653,000Source | 343,220,000Source | 236,925,000Source | 222,071,000Source | 175,030,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 28,515,000Source | -15,107,000Source | 71,567,000Source | -26,827,000Source | -10,483,000Source | 25,543,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 17,368,000Source | 16,428,000Source | 67,587,000Source | 63,596,000Source | 60,393,000Source | 57,500,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | — | — | — | -1,310,000Source | -650,000Source | -1,836,000Source | -1,690,000Source | -2,576,000Source | -2,068,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | 2,544,000Source | 1,308,000Source | 5,285,000Source | 5,146,000Source | 54,314,000Source | 4,889,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 3,749,000Source | 12,163,000Source | -15,760,000Source | 9,470,000Source | -2,942,000Source | -867,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 35,755,000Source | 34,306,000Source | 29,526,000Source | 25,957,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | — | -13,102,000Source | 9,800,000Source | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 800,000Source | 1,200,000Source | 500,000Source | 700,000Source | 1,100,000Source | 1,200,000Source | 3,300,000Source | 4,500,000Source | 2,700,000Source | 1,300,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | — | — | — | — | — | — | — | — | 3,435,000Source | 2,671,000Source | 2,035,000Source | 1,909,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 10,100,000Source | 10,500,000Source | 10,400,000Source | 10,800,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | — | — | — | — | — | — | — | — | 3,263,000Source | 239,000Source | -899,000Source | 1,382,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | 3,541,000Source | 3,181,000Source | 13,009,000Source | 12,275,000Source | 10,631,000Source | 9,136,000Source |
| Income Tax Expense (Benefit)USD | — | — | 7,789,000Source | 3,644,000Source | 2,975,000Source | 1,472,000Source | 5,856,000Source | 6,296,000Source | 20,765,000Source | 10,596,000Source | 27,803,000Source | 26,224,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 44,497,000Source | 40,939,000Source | 26,498,000Source | 23,794,000Source | 48,481,000Source | 41,592,000Source | 135,889,000Source | 120,569,000Source | 117,699,000Source | 110,952,000Source |
| Nonoperating Income (Expense)USD | — | — | 9,888,000Source | 4,839,000Source | 3,707,000Source | 3,856,000Source | 10,990,000Source | 2,604,000Source | 19,800,000Source | 17,833,000Source | 29,546,000Source | 26,080,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 14,014,000Source | 3,279,000Source | 3,750,000Source | 31,605,000Source | — | 0Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | 90,000,000Source | 0Source | 50,000,000Source | 50,000,000Source | 139,300,000Source | 25,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | — | — | — | — | — | — | — | — | 6,200,000Source | 5,700,000Source | 5,800,000Source | 3,000,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (Loss)USD | — | — | 51,075,000Source | 48,140,000Source | 34,223,000Source | 29,735,000Source | 53,152,000Source | 52,865,000Source | 170,653,000Source | 146,262,000Source | 146,385,000Source | 137,743,000Source |
| Income Tax Expense (Benefit)USD | — | — | 7,789,000Source | 3,644,000Source | 2,975,000Source | 1,472,000Source | 5,856,000Source | 6,296,000Source | 20,765,000Source | 10,596,000Source | 27,803,000Source | 26,224,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 44,497,000Source | 40,939,000Source | 26,498,000Source | 23,794,000Source | 48,481,000Source | 41,592,000Source | 135,889,000Source | 120,569,000Source | 117,699,000Source | 110,952,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 1.22Source | 1.13Source | 0.73Source | 0.66Source | 1.32Source | 1.14Source | 3.72Source | 3.33Source | 3.25Source | 3.07Source |
| Earnings Per Share, DilutedUSD per share | — | — | 1.22Source | 1.13Source | 0.72Source | 0.66Source | 1.32Source | 1.14Source | 3.72Source | 3.33Source | 3.25Source | 3.07Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 36,542,000Source | 36,181,000Source | 36,540,000Source | 36,176,000Source | 36,590,000Source | 36,511,000Source | 36,534,000Source | 36,210,000Source | 36,163,000Source | 36,163,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 36,576,000Source | 36,211,000Source | 36,569,000Source | 36,197,000Source | 36,620,000Source | 36,539,000Source | 36,571,000Source | 36,239,000Source | 36,186,000Source | 36,174,000Source |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 10,100,000Source | 10,500,000Source | 10,400,000Source | 10,800,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | 52,286,000Source | 44,583,000Source | 29,473,000Source | 25,266,000Source | 54,337,000Source | 47,888,000Source | 156,654,000Source | 131,165,000Source | 145,502,000Source | 137,176,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | 3,541,000Source | 3,181,000Source | 13,009,000Source | 12,275,000Source | 10,631,000Source | 9,136,000Source |
| Interest Income (Expense), NetUSD | — | — | -8,677,000Source | -8,396,000Source | -8,457,000Source | -8,325,000Source | -9,805,000Source | -7,581,000Source | -33,799,000Source | -32,930,000Source | -30,429,000Source | -26,647,000Source |
| Nonoperating Income (Expense)USD | — | — | 9,888,000Source | 4,839,000Source | 3,707,000Source | 3,856,000Source | 10,990,000Source | 2,604,000Source | 19,800,000Source | 17,833,000Source | 29,546,000Source | 26,080,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | — | — | — | — | — | — | — | — | 6,200,000Source | 5,700,000Source | 5,800,000Source | 3,000,000Source |
Filing attachments
mgee-ex99_1.htm · 8-K · 2026-08-21
EX-99.1 2 mgee-ex99_1.htm EX-99.1 EX-99.1 EXHIBIT 99.1 MGE Energy Increases Dividend for 51st Consecutive Year Madison, Wis., Aug. 21, 2026 - The Board of Directors of MGE Energy, Inc. (Nasdaq: MGEE), today approved a 7.0% increase in the company’s regular quarterly dividend to $0.5083 per share on its outstanding common stock. The dividend is payable September 15, 2026, to shareholders of record as of September 1, 2026. The increase raises MGE Energy’s annualized dividend rate to $2.0332…
Read attachment ↗mgee-ex99_1.htm · 8-K · 2026-08-05
EX-99.1 2 mgee-ex99_1.htm EX-99.1 EX-99.1 EXHIBIT 99.1 News MGE Energy Reports Second-Quarter 2026 Earnings Madison, Wis., August 05, 2026 - MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the second quarter of 2026. MGE Energy's GAAP (Generally Accepted Accounting Principles) earnings for the second quarter of 2026 were $33.4 million, or $0.89 per share, compared to $26.5 million, or $0.72 per share, for the same period in the prior year. Electric segment earning…
Read attachment ↗mgee-ex99_1.htm · 8-K · 2026-05-05
EX-99.1 2 mgee-ex99_1.htm EX-99.1 EX-99.1 EXHIBIT 99.1 News MGE Energy Reports First-Quarter 2026 Earnings Madison, Wis., May 05, 2026 - MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the first quarter of 2026. MGE Energy's GAAP (Generally Accepted Accounting Principles) earnings for the first quarter of 2026 were $48.5 million, or $1.32 per share, compared to $41.6 million, or $1.14 per share, for the same period in the prior year. Electric segment earnings incr…
Read attachment ↗mgee-ex4_2.htm · 10-K · 2026-02-24
EXHIBIT 4.2 MGE Energy, Inc. DESCRIPTION OF COMMON STOCK MGE Energy, Inc.'s (the "Company") common stock, $1 par value per share, is registered under Section 12(b) of the Securities Exchange Act of 1934, as amended, and is traded on the Nasdaq Stock Market. The Company's authorized stock presently consists solely of common stock. The summary of the general terms and provisions of the Company's common stock set forth below does not purport to be complete and is subject to and qualified by ref…
Read attachment ↗