MADISON GAS & ELECTRIC CO

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

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, 2025 · Filed Aug 6, 2025

MGEE$79.72-0.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (unaudited)

(In thousands, except per share amounts)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2025	2024	2025	2024
Operating Revenues:
Electric revenues	$129,527	$120,597	$255,016	$236,764
Gas revenues	29,925	25,116	123,406	100,285
Total Operating Revenues	159,452	145,713	378,422	337,049
Operating Expenses:
Fuel for electric generation	16,292	11,237	33,861	23,941
Purchased power	5,562	8,850	9,940	18,292
Cost of gas sold	11,313	6,293	65,277	48,170
Other operations and maintenance	57,777	56,730	114,336	110,704
Depreciation and amortization	28,354	26,932	56,032	53,532
Other general taxes	5,931	5,936	11,888	11,930
Total Operating Expenses	125,229	115,978	291,334	266,569
Operating Income	34,223	29,735	87,088	70,480
Other income, net	3,707	3,856	6,311	7,737
Interest expense, net	(8,457)	(8,325)	(16,038)	(16,329)
Income before income taxes	29,473	25,266	77,361	61,888
Income tax provision	(2,975)	(1,472)	(9,271)	(4,280)
Net Income	$26,498	$23,794	$68,090	$57,608
Earnings Per Share of Common Stock
Basic	$0.73	$0.66	$1.86	$1.59
Diluted	$0.72	$0.66	$1.86	$1.59
Dividends per share of common stock	$0.450	$0.428	$0.900	$0.855
Weighted Average Shares Outstanding
Basic	36,540	36,176	36,526	36,173
Diluted	36,569	36,197	36,557	36,196

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.