Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · MGE Energy (MGEE)

MGE Energy Q3 2026 net income rises to $56.4 million, $1.48 per diluted share

Positive Impact 3 of 5 earnings

MGE Energy reported third-quarter 2026 GAAP net income of $56.4 million, or $1.48 per diluted share, up from $44.5 million, or $1.22 per diluted share, a year earlier. Electric segment growth from renewable and capital projects, higher AFUDC equity and investment gains drove the increase, while gas net income was flat.

Key points

  • Q3 2026 operating revenues were $190.4 million, up from $175.7 million in Q3 2025.
  • Q3 2026 operating income was $58.1 million, compared with $51.1 million a year earlier.
  • Electric segment earnings rose $11.6 million, and investment gains were about $2.2 million higher than in Q3 2025.
  • Nine-month 2026 net income was $138.2 million, or $3.70 per diluted share, compared with $112.6 million, or $3.08, a year earlier.

The filing

CompanyMGE Energy (MGEE)
Form8-K, current report
Filed with the SECNov 4, 2026, 8:41 AM ET
Accession number0001193125-26-446285

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.