MGE Energy, Inc. (MGEE)

MGE Energy Revenue

MGE Energy had revenue of $190.40M in the quarter ending September 30, 2026, with 8.38% growth. This brings the company's total for the last twelve months to $783.85M, up 8.04% year-over-year. In the year 2025, MGE Energy had annual revenue of $743.65M with 9.85% growth. That makes MGE Energy the 8,948th largest company in the world by revenue and 1,994th in the United States.

• Revenue (ttm): $783.85M
• Revenue Growth: +8.04%
• P/S Ratio: 3.82
• Revenue / Employee: $1,056,264
• Employees: 726
• Market Cap: 2.99B

Revenue Chart

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Revenue by Segment

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• Electric 531.48M 65.7%
• Gas 232.30M 28.7%
• Non-regulated Energy 45.42M 5.6%

Fiscal year ended Dec 31, 2025 See the full MGE Energy breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	743.65M	66.71M	9.85%
Dec 31, 2024	676.94M	-13.49M	-1.95%
Dec 31, 2023	690.43M	-24.09M	-3.37%
Dec 31, 2022	714.52M	107.94M	17.79%
Dec 31, 2021	606.58M	67.95M	12.62%
Dec 31, 2020	538.63M	-30.22M	-5.31%
Dec 31, 2019	568.86M	9.09M	1.62%
Dec 31, 2018	559.77M	-3.33M	-0.59%
Dec 31, 2017	563.10M	18.35M	3.37%
Dec 31, 2016	544.75M	-19.28M	-3.42%
Dec 31, 2015	564.03M	-55.82M	-9.01%
Dec 31, 2014	619.85M	28.97M	4.90%
Dec 31, 2013	590.89M	49.56M	9.16%
Dec 31, 2012	541.32M	-5.06M	-0.93%
Dec 31, 2011	546.38M	13.79M	2.59%
Dec 31, 2010	532.59M	-1.23M	-0.23%
Dec 31, 2009	533.82M	-62.17M	-10.43%
Dec 31, 2008	595.99M	58.40M	10.86%
Dec 31, 2007	537.59M	30.05M	5.92%
Dec 31, 2006	507.55M	-5.82M	-1.13%
Dec 31, 2005	513.37M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Nov 4, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 5, 2026

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