MGE Energy reported strong financial results for 2025, with GAAP net income increasing by 12.6% to $135.9 million and earnings per share reaching $3.72. This growth was primarily driven by the success of renewable energy projects and increased gas retail therm deliveries. Despite a “Moderate Sell” analyst rating, the company’s electric and gas segments showed significant growth, contributing to its overall profitability.
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MGE Energy Reports Strong 2025 Financial Results
MGE Energy reported strong financial results for 2025, with GAAP net income increasing by 12.6% to $135.9 million and earnings per share reaching $3.72. This growth was primarily driven by the success of renewable energy projects and increased gas retail therm deliveries. Despite a “Moderate Sell” analyst rating, the company’s electric and gas segments showed significant growth, contributing to its overall profitability.