Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-0.73%
$79.32
0% positive prob.
5-Day Prediction
-2.68%
$77.77
0% positive prob.
20-Day Prediction
-2.77%
$77.69
0% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q2 2026 | SELL | -0.73% | -2.68% | -2.77% | 100.0% | Pending |
| Q1 2026 | SELL | -0.82% | -2.22% | -2.07% | 100.0% | -6.75% |
| Q4 2025 | BUY | +0.40% | +3.35% | +0.79% | 100.0% | -1.60% |
SEC 8-K filings with transcript text
Aug 5, 2026 · 100% conf.
1D
-0.73%
$79.32
Act: +0.80%
5D
-2.68%
$77.77
20D
-2.77%
$77.69
2 mgee-ex99_1.htm
News
MGE Energy Reports Second-Quarter 2026 Earnings
Madison, Wis., August 05, 2026—MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the second quarter of 2026.
MGE Energy's GAAP (Generally Accepted Accounting Principles) earnings for the second quarter of 2026 were $33.4 million, or $0.89 per share, compared to $26.5 million, or $0.72 per share, for the same period in the prior year.
Electric segment earnings increased $3.0 million for 2026 compared to 2025, reflecting strategic capital investments that grew rate base, largely driven by the successful deployment of key renewable energy projects. Gas net income remained stable compared to the second quarter of 2025. In addition, earnings benefited from approximately $3.9 million of investment gains, including returns from venture capital funds focused on technologies and innovations relevant to the evolving energy industry.
MGE Energy, Inc.
(In thousands, except per-share amounts)
(Unaudited)
Three Months Ended June 30,
2026
2025
Operating revenues
$
161,195
$
159,452
Operating income
$
32,634
$
34,223
Net income
$
33,353
$
26,498
Earnings per share - basic
$
0.89
$
0.73
Earnings per share - diluted
$
0.89
$
0.72
Weighted average shares outstanding - basic
37,351
36,540
Weighted average shares outstanding - diluted
37,456
36,569
Six Months Ended June 30,
2026
2025
Operating revenues
$
403,898
$
378,422
Operating income
$
85,786
$
87,088
Net income
$
81,834
$
68,090
Earnings per share - basic
$
2.21
$
1.86
Earnings per share - diluted
$
2.21
$
1.86
Weighted average shares outstanding - basic
36,972
36,526
Weighted average shares outstanding - diluted
37,029
36,557
1
About MGE Energy
MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to 170,000 customers in Dane County, Wis., and purchases and distributes natural gas to 180,000 customers in seven south-central and western Wisconsin counties. MGE's roots in the Madison area date back more than 150 years.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements are based on MGE Energy's current expectations, estimates and assumptions regarding future events, which are inherently uncertain. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to revise or update publicly any such forward-looking statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to our business in general, please refer to the “Risk Factors” sections in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission.
Contact:
Steve B. Schultz
Media Relations
608-252-7219 | sbschultz@mge.com
Ken Frassetto
Investor Relations
608-252-4723 | kfrassetto@mge.com
2
May 5, 2026 · 100% conf.
1D
-0.82%
$80.09
Act: +0.06%
5D
-2.22%
$78.95
Act: -6.75%
20D
-2.07%
$79.08
Act: -9.09%
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Feb 24, 2026 · 100% conf.
1D
+0.40%
$82.89
Act: -1.21%
5D
+3.35%
$85.33
Act: -1.60%
20D
+0.79%
$83.22
8-K
00000613390001161728falsefalse0001161728mgee:MgeMember2026-02-242026-02-2400011617282026-02-242026-02-24
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
February 24, 2026 Date of report (date of earliest event reported)
Commission File No.
Name of Registrant, State of Incorporation, Address of Principal Executive Offices, and Telephone No.
IRS Employer Identification No.
000-49965
MGE Energy, Inc. (a Wisconsin Corporation) 133 South Blair Street Madison, Wisconsin 53788 (608) 252-7000 | mgeenergy.com
39-2040501
000-1125
Madison Gas and Electric Company (a Wisconsin Corporation) 133 South Blair Street Madison, Wisconsin 53788 (608) 252-7000 | mge.com
39-0444025
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Common Stock, $1 Par Value Per Share
The NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). MGE Energy, Inc. ☐ Madison Gas and Electric Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. MGE Energy, Inc. ☐ Madison Gas and Electric Company ☐
1
Item 2.02. Results of Operations and Financial Condition.
On February 24, 2026, MGE Energy, Inc. (the Company) issued a press release announcing its fourth quarter and full year 2025 earnings. The Company is furnishing a copy of that press release as Exhibit 99.1 to this report.
This combined Form 8-K is being furnished separately by the Company and Madison Gas and Electric Company. Information contained herein relating to any individual registrant has been furnished by such registrant on its own behalf. Neither registrant makes any representation as to information relating to the other registrant.
Item 9.01. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired: None (b) Pro forma financial information: None (c) Shell company transactions: None (d) Exhibits.
Exhibit No.
Description
99.1
Press release of MGE Energy, Inc., issued on February 24, 2026.
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).
2
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
MGE Energy, Inc. Madison Gas and Electric Company
(Registrants)
Date: February 24, 2026
/s/ Jenny L. Lagerwall
Jenny L. Lagerwall Assistant Vice President - Accounting and Controller (Chief Accounting Officer)
3
This page provides MGE Energy Inc (MGEE) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on MGEE's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.