MGE ENERGY INC Operating Income

Quick Answer

MGE ENERGY INC reported Operating Income of $170.65 million for fiscal year 2025.

MGE ENERGY INC Operating Income — Annual History

Fiscal Year Operating Income YoY Change
2025 $170.65M +16.7%
2024 $146.26M -0.1%
2023 $146.38M +6.3%
2022 $137.74M +17.4%
2021 $117.29M +6.6%
2020 $110.00M -0.8%
2019 $110.91M -2.9%
2018 $114.21M -8.4%
2017 $124.62M +0.6%
2016 $123.88M -0.3%
2015 $124.25M -10.0%
2014 $138.10M +7.9%
2013 $127.99M +13.5%
2012 $112.76M +4.5%
2011 $107.87M +11.7%
2010 $96.60M +14.1%
2009 $84.67M -3.6%
2008 $87.78M

Quarterly Operating Income

Quarter Ending Operating Income YoY QoQ
September 30, 2025 $51.08M +6.1% +49.2%
June 30, 2025 $34.22M +15.1% -35.3%
March 31, 2025 $52.87M +29.7% +9.8%
September 30, 2024 $48.14M +9.9% +61.9%
June 30, 2024 $29.73M -22.5% -27.0%
March 31, 2024 $40.74M +1.8% -7.0%
September 30, 2023 $43.79M +3.1% +14.1%
June 30, 2023 $38.39M +50.8% -4.1%
  • MGE ENERGY INC showed an increase of +16.7% in Operating Income compared to the prior fiscal year.
  • Over the 2008–2025 period, MGE ENERGY INC’s operating income has grown by 94.4% (from $87.78 million to $170.65 million).
  • The most recent figure is from MGE ENERGY INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 24, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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