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

MGE Energy Q1 profit rises to $48.5 million, or $1.32 per share, from $41.6 million

Positive Impact 3 of 5 earnings Written later

MGE Energy reported first-quarter 2026 GAAP earnings of $48.5 million, or $1.32 per share, up from $41.6 million, or $1.14 per share, a year earlier. Operating revenues rose to $242.7 million from $219.0 million, and the company said electric segment earnings increased $5.5 million on growth in rate base from renewable energy projects.

Key points

  • Q1 2026 net income: $48.5 million, or $1.32 per share, vs. $41.6 million, or $1.14 per share, in Q1 2025
  • Operating revenues: $242.7 million vs. $219.0 million a year earlier
  • Operating income: $53.2 million vs. $52.9 million a year earlier
  • Electric segment earnings rose $5.5 million; gas net income was roughly flat year over year

The filing

CompanyMGE Energy (MGEE)
Form8-K, current report
Filed with the SECMay 5, 2026, 12:25 PM ET
Accession number0001193125-26-205689

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 05, 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.