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AI brief of an SEC Form 8-K · MGE Energy (MGEE)

MGE Energy Q1 profit rises to $41.6 million, $1.14 a share from $0.93

Positive Impact 3 of 5 earnings Written later

MGE Energy reported first-quarter 2025 GAAP earnings of $41.6 million, or $1.14 per share, up from $33.8 million, or $0.93 per share, a year earlier. The company said rate base investment growth and weather impacts drove the results, with operating revenues rising to $219.0 million from $191.3 million.

Key points

  • Net income of $41.6 million, or $1.14 per share, versus $33.8 million, or $0.93 per share, in Q1 2024
  • Operating revenues of $219.0 million versus $191.3 million; operating income of $52.9 million versus $40.7 million
  • Gas retail sales rose 19% and electric retail sales rose 3% in the first quarter of 2025
  • Darien solar project became operational in March 2025; MGE owns 25 MW of its solar capacity

The filing

CompanyMGE Energy (MGEE)
Form8-K, current report
Filed with the SECMay 7, 2025, 12:18 PM ET
Accession number0000950170-25-065305

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.