Mge Energy Inc (MGEE) financials
Mge Energy revenue and earnings by year
Mge Energy's revenue was $744 million in the fiscal year to December 31, 2025, up 9.9% from the year before. Net income was $136 million, 18.3% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 744 | 677 | 690 | 715 | 607 | 539 | 569 | 560 | 563 | 545 |
| Revenue growth | 9.9% | -2.0% | -3.4% | 17.8% | 12.6% | -5.3% | 1.6% | -0.6% | 3.4% | — |
| Gross profit | 285 | 255 | 247 | 223 | 194 | 184 | 182 | 171 | 178 | 169 |
| Gross margin | 38.3% | 37.6% | 35.7% | 31.3% | 32.0% | 34.2% | 32.1% | 30.5% | 31.6% | 30.9% |
| Operating income | 171 | 146 | 146 | 138 | 117 | 110 | 111 | 114 | 125 | 124 |
| Operating margin | 22.9% | 21.6% | 21.2% | 19.3% | 19.3% | 20.4% | 19.5% | 20.4% | 22.1% | 22.7% |
| Net income | 136 | 121 | 118 | 111 | 106 | 92 | 87 | 84 | 98 | 76 |
| Net margin | 18.3% | 17.8% | 17.0% | 15.5% | 17.4% | 17.2% | 15.3% | 15.0% | 17.3% | 13.9% |
| Diluted EPS | $3.72 | $3.33 | $3.25 | $3.07 | $2.92 | $2.60 | $2.50 | $2.43 | $2.83 | $2.18 |
| Free cash flow | -80 | 41 | 15 | -21 | -16 | -31 | -34 | -59 | 26 | 64 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MGEE in Markets.
See also: MGEE valuation and P/E history · MGEE returns
No forecast, no recommendation. This page describes Mge Energy Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.