MGE Energy Financial Statements
NASDAQ: MGEEEnergyElectric Utilities: CentralUSD
Market open · Delayed 15 min · as of Oct 9, 12:19 PM ET
MGE Energy revenue and earnings
In fiscal 2025, MGE Energy generated $743.7 million in revenue, up 9.9% from fiscal 2024. Net income was $135.9 million (+12.7% year over year), for a net margin of 18.3% versus a median of 17.2% in the prior 5 years. Operating margin was 22.9%.
Diluted earnings per share came in at $3.72, up from $3.33. Over the last 5 fiscal years, MGEE's revenue has grown at a 6.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
MGE Energy income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 743.65M | 676.94M | 690.43M | 714.52M | 606.58M | 538.63M | 568.86M | 559.77M | 563.10M | 544.75M |
| Revenue growth (YoY) | +9.85% | -1.95% | -3.37% | +17.79% | +12.62% | -5.31% | +1.62% | -0.59% | +3.37% | -3.42% |
| Operating Income | 170.65M | 146.26M | 146.38M | 137.74M | 117.29M | 110.00M | 110.91M | 114.21M | 124.63M | 123.88M |
| Other Income (Expense) | 19.80M | 17.83M | 29.55M | 26.08M | 16.69M | 25.36M | 18.81M | 17.05M | 14.40M | 14.06M |
| Pretax Income | 156.65M | 131.16M | 145.50M | 137.18M | 109.88M | 111.84M | 106.66M | 111.65M | 119.70M | 118.07M |
| Income Tax | 20.77M | 10.60M | 27.80M | 26.22M | 4.12M | 19.42M | 19.78M | 27.43M | 22.09M | 42.51M |
| Net Income | 135.89M | 120.57M | 117.70M | 110.95M | 105.76M | 92.42M | 86.87M | 84.22M | 97.61M | 75.56M |
| Net Income growth (YoY) | +12.71% | +2.44% | +6.08% | +4.91% | +14.44% | +6.38% | +3.15% | -13.72% | +29.18% | +5.91% |
| EPS (Basic) | 3.72 | 3.33 | 3.25 | 3.07 | 2.92 | 2.60 | 2.51 | 2.43 | 2.82 | 2.18 |
| EPS (Diluted) | 3.72 | 3.33 | 3.25 | 3.07 | 2.92 | 2.60 | 2.51 | 2.43 | 2.82 | 2.18 |
| Shares Outstanding (Basic) | 36.53M | 36.21M | 36.16M | 36.16M | 36.16M | 35.61M | 34.67M | 34.67M | 34.67M | 34.67M |
| Shares Outstanding (Diluted) | 36.57M | 36.24M | 36.19M | 36.17M | 36.17M | 35.61M | 34.67M | 34.67M | 34.67M | 34.67M |
| Operating Margin | 22.95% | 21.61% | 21.20% | 19.28% | 19.34% | 20.42% | 19.50% | 20.40% | 22.13% | 22.74% |
| Net Margin | 18.27% | 17.81% | 17.05% | 15.53% | 17.44% | 17.16% | 15.27% | 15.05% | 17.33% | 13.87% |
This table shows 10 annual periods of MGE Energy's income statement, from FY 2025 back to FY 2016, across 13 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow MGEE's reporting calendar. What is a income statement?