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

MGE Energy 2025 net income rises to $135.9 million, or $3.72 per share, from $120.6 million

Positive Impact 3 of 5 earnings Written later

MGE Energy reported fourth-quarter and full-year 2025 results on February 24, 2026, with net income rising in both periods versus 2024. Electric segment growth was driven mainly by the Darien Solar Project and the Paris Battery Energy Storage System, both of which became operational in 2025.

Key points

  • Full-year 2025 net income was $135.9 million, or $3.72 per diluted share, versus $120.6 million, or $3.33 per share, in 2024.
  • Fourth-quarter 2025 net income was $23.3 million, or 64 cents per diluted share, versus $22.0 million, or 61 cents, a year earlier.
  • Full-year 2025 operating revenues were $743.7 million, up from $676.9 million in 2024.
  • Electric segment earnings rose $11.3 million in 2025, while gas segment earnings rose $2.5 million.

The filing

CompanyMGE Energy (MGEE)
Form8-K, current report
Filed with the SECFeb 24, 2026, 4:18 PM ET
Accession number0001193125-26-067050

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 February 24, 2026.

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.