MGEE MGE ENERGY INC

FY2025 10-K
Filed: Feb 24, 2026
Utilities
Electric, Gas & Sanitary ServicesSEC EDGAR

MGE ENERGY INC (MGEE) filed its fiscal year 2025 10-K annual report with the SEC on Feb 24, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Electric and natural gas utility service providing regulated energy distribution primarily through subsidiaries
  • New emphasized transaction: Asset Sale Agreement dated Feb 19, 2026 with Dairyland Power Cooperative indicating potential asset divestiture
+3 more insights

Management Discussion & Analysis

  • Revenue and YoY change not explicitly stated in provided text
  • No specific profitability or margin % figures disclosed
+4 more insights

Risk Factors

  • Regulatory risk from PSCW 2024/2025 rate order with 9.7% authorized ROE and earnings sharing mechanism impacting excess earnings return to customers
  • Macroeconomic exposure to weather variability, with 18% increase in heating degree days raising 2025 gas utility sales 14% YoY
+3 more insights

Financial Summary
XBRL

Revenue

$744M

Net Income

$136M

Operating Margin

22.9%

Net Margin

18.3%

ROE

10.4%

Total Assets

$3.2B

EPS (Diluted)

$3.72

Operating Cash Flow

$263M

Source: XBRL data from MGE ENERGY INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

Get deeper insights on MGE ENERGY INC

Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.

Try Pro free for 1 month!

Enter SX-8KKYTN at checkout

Limited spots available