MGE Energy, Inc. (MGEE) — Financial statements
Income statement, balance sheet, and cash flow for MGE Energy, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 744↑9.9% | 677↓2.0% | 690↓3.4% | 715↑17.8% | 607 | |
| Cost of Revenue | 20↓95.0% | 398↓5.5% | 421↓10.5% | 471↑19.7% | 393 | |
| Gross Profit | 724↑159.5% | 279↑3.6% | 269↑10.3% | 244↑14.2% | 214 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 553↑317.1% | 133↑8.1% | 123↑15.5% | 106↑10.3% | 96 | |
| Operating Expenses | 553↑317.1% | 133↑8.1% | 123↑15.5% | 106↑10.3% | 96 | |
| Total Costs & Expenses | 573↑8.0% | 531↓2.5% | 544↓5.7% | 577↑17.9% | 489 | |
| Operating Results | ||||||
| Operating Income | 171↑16.7% | 146↓0.1% | 146↑6.3% | 138↑17.4% | 117 | |
| Depreciation & Amortization | 114↑5.3% | 109↑8.2% | 100↑17.3% | 86↑11.1% | 77 | |
| EBITDA | 305↑11.8% | 273↓1.3% | 276↑10.8% | 249↑18.2% | 211 | |
| EBIT | 190↑16.1% | 164↓6.7% | 176↑7.4% | 164↑22.3% | 134 | |
| Interest & Other Income | ||||||
| Net Interest Income | -34↓2.6% | -33↓8.2% | -30↓14.2% | -27↓10.5% | -24 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 34↑2.6% | 33↑8.2% | 30↑14.2% | 27↑10.5% | 24 | |
| Non-Operating Income | -20↓11.0% | -18↑39.6% | -30↓13.3% | -26↓56.2% | -17 | |
| Other Income / Expenses | -14↑7.3% | -15↓1609.7% | -0.88↓55.7% | -0.57↑92.4% | -7 | |
| Income Before Tax | 157↑19.4% | 131↓9.9% | 146↑6.1% | 137↑24.8% | 110 | |
| Income Tax Expense | 21↑96.0% | 11↓61.9% | 28↑6.0% | 26↑537.3% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 136↑12.7% | 121↑2.4% | 118↑6.1% | 111↑4.9% | 106 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 136↑12.7% | 121↑2.4% | 118↑6.1% | 111↑4.9% | 106 | |
| Bottom-Line Net Income | 136↑12.7% | 121↑2.4% | 118↑6.1% | 111↑4.9% | 106 | |
| EPS (Basic) | 3.72↑11.7% | 3.33↑2.5% | 3.25↑5.9% | 3.07↑5.1% | 2.92 | |
| EPS (Diluted) | 3.72↑11.7% | 3.33↑2.5% | 3.25↑5.9% | 3.07↑5.1% | 2.92 | |
| Weighted Average Shares | 37↑0.9% | 36↑0.1% | 36↑0.0% | 36↑0.0% | 36 | |
| Weighted Average Diluted Shares | 37↑0.9% | 36↑0.1% | 36↑0.0% | 36↑0.0% | 36 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.