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MDU RESOURCES GROUP INC

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

MDU$18.63+0.5%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2026

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____________ to ______________

Commission file number 1-03480

MDU RESOURCES GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware30-1133956
(State or other jurisdiction ofincorporation or organization)(I.R.S. Employer Identification No.)

1200 West Century Avenue

P.O. Box 5650

Bismarck, North Dakota 58506-5650

(Address of principal executive offices)

(Zip Code)

(701)530-1000

(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading symbol(s)Name of each exchange on which registered
Common Stock, par value $1.00 per shareMDUNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐.

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer☒Accelerated Filer☐
Non-Accelerated Filer☐Smaller Reporting Company☐
Emerging Growth 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.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☒.

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of July 30, 2026:210,349,456 shares.

Index
Page
Definitions3
Introduction5
Part I -- Financial Information
Item 1. Financial Statements6
Consolidated Statements of Income -- Three and Six Months Ended June 30, 2026 and 20256
Consolidated Statements of Comprehensive Income -- Three and Six Months Ended June 30, 2026 and 20257
Consolidated Balance Sheets -- June 30, 2026 and 2025, and December 31, 20258
Consolidated Statements of Equity -- Six Months Ended June 30, 2026 and 20259
Consolidated Statements of Cash Flows -- Six Months Ended June 30, 2026 and 202510
Condensed Notes to Consolidated Financial Statements11
1. Basis of presentation11
2. New accounting standards11
3. Discontinued operations12
4. Seasonality of operations12
5. Receivables and allowance for expected credit losses12
6. Inventories and natural gas in storage13
7. Earnings per share14
8. Equity14
9. Revenue from contracts with customers15
10. Regulatory matters17
11. Environmental allowances and obligations20
12. Fair value measurements20
13. Debt23
14. Business segment data25
15. Employee benefit plans29
16. Commitments and contingencies30
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations32
Item 3. Quantitative and Qualitative Disclosures About Market Risk49
Item 4. Controls and Procedures49
Part II -- Other Information
Item 1. Legal Proceedings50
Item 1A. Risk Factors50
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds50
Item 5. Other Information50
Item 6. Exhibits50
Exhibits Index51
Signatures52
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.