Revenue for MGE Energy (MGEE)
According to MGE Energy's latest reported financial statements, the company's current revenue (TTM) is $743.65M USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

MGEE
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$743.65M
YoY change
+9.9%
5Y CAGR
+6.7%
Peak year (2025)
$743.65M
Cumulative revenue
$17.65B
Revenue history chart for MGE Energy (MGEE) from 1985 to 2025
Revenue history table for MGE Energy (MGEE) from 1985 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $743.65M | +9.9% | ||
| 2024 | $676.94M | -2.0% | ||
| 2023 | $690.43M | -3.4% | ||
| 2022 | $714.52M | +17.8% | ||
| 2021 | $606.58M | +12.6% | ||
| 2020 | $538.63M | -5.3% | ||
| 2019 | $568.86M | +1.6% | ||
| 2018 | $559.77M | -0.6% | ||
| 2017 | $563.10M | +3.4% | ||
| 2016 | $544.75M | -3.4% | ||
| 2015 | $564.03M | -9.0% | ||
| 2014 | $619.85M | +4.9% | ||
| 2013 | $590.89M | +9.2% | ||
| 2012 | $541.32M | -0.9% | ||
| 2011 | $546.38M | +2.6% | ||
| 2010 | $532.59M | -0.2% | ||
| 2009 | $533.82M | -10.4% | ||
| 2008 | $595.99M | +10.9% | ||
| 2007 | $537.59M | +5.9% | ||
| 2006 | $507.55M | -1.1% | ||
| 2005 | $513.37M | +20.8% | ||
| 2004 | $424.88M | +5.8% | ||
| 2003 | $401.55M | +15.7% | ||
| 2002 | $347.10M | +4.0% | ||
| 2001 | $333.71M | +3.0% | ||
| 2000 | $324.11M | +18.2% | ||
| 1999 | $274.10M | +9.7% | ||
| 1998 | $249.80M | -5.6% | ||
| 1997 | $264.60M | +4.5% | ||
| 1996 | $253.20M | +1.9% | ||
| 1995 | $248.60M | +1.5% | ||
| 1994 | $245.00M | +0.4% | ||
| 1993 | $244.10M | +7.1% | ||
| 1992 | $228.00M | -1.8% | ||
| 1991 | $232.20M | +5.3% | ||
| 1990 | $220.60M | +1.4% | ||
| 1989 | $217.60M | +1.5% | ||
| 1988 | $214.30M | +6.0% | ||
| 1987 | $202.10M | -3.9% | ||
| 1986 | $210.30M | -6.1% | ||
| 1985 | $223.90M | — |
Revenue values are taken from MGE Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
MGE Energy (MGEE) most recent annual revenue stands at $743.65M (2025) – grew 9.9% year-over-year.
Through 2020–2025 (5 years), MGE Energy revenue delivered a +6.7% annualised rate; with the latest reading among the more recent periods of the dataset.
The dataset's maximum revenue sits at $743.65M (2025); the minimum reading of $202.10M dates to 1987.
Among 8 Utilities peers, MGE Energy (MGEE) ranks 9th; the peer median for revenue is $26.50B.
MGE Energy Revenue by Year
MGE Energy Revenue 2025: $743.65M
MGE Energy revenue in 2025 was $743.65M, grew 9.9% from 2024. This figure represents the highest annual value in the available history.
MGE Energy Revenue 2024: $676.94M
MGE Energy revenue in 2024 was $676.94M, edged down 2.0% below 2023.
MGE Energy Revenue 2023: $690.43M
MGE Energy revenue in 2023 was $690.43M, edged down 3.4% below 2022.
MGE Energy Revenue 2022: $714.52M
MGE Energy revenue in 2022 was $714.52M, grew 17.8% from 2021.
MGE Energy Revenue 2021: $606.58M
MGE Energy revenue in 2021 was $606.58M.
See more financial history for MGE Energy (MGEE).
Sector peers — Revenue
Companies in the same sector as MGE Energy, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| GE Vernova Inc. (GEV) | $38.07B | Utilities |
| Duke Energy Corporation (DUK) | $32.24B | Utilities |
| The Southern Company (SO) | $29.55B | Utilities |
| NextEra Energy, Inc. (NEE) | $27.48B | Utilities |
| Constellation Energy Corporation (CEG) | $25.53B | Utilities |
| American Electric Power Company, Inc. (AEP) | $21.78B | Utilities |
| Dominion Energy, Inc. (D) | $16.51B | Utilities |
| Sempra (SRE) | $13.71B | Utilities |
Frequently asked questions
What is MGE Energy's revenue?
- Latest reported revenue for MGE Energy (MGEE) is $743.65M (period ending December 31, 2025).
How has MGE Energy revenue changed year-over-year?
- MGE Energy (MGEE) revenue changed +9.9% year-over-year on the latest annual filing.
What is the long-term growth rate of MGE Energy revenue?
- MGE Energy (MGEE) revenue compound annual growth rate is +6.7% over the most recent 5 years available.
When did MGE Energy revenue hit its highest annual value?
- MGE Energy revenue reached its highest annual value of $743.65M in 2025.
What was MGE Energy revenue in 2024?
- MGE Energy (MGEE) revenue in 2024 was $676.94M.
What was MGE Energy revenue in 2025?
- MGE Energy (MGEE) revenue in 2025 was $743.65M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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