MADISON GAS & ELECTRIC CO

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

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 5, 2026

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

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Contents

Consolidated Statements of Income (unaudited)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2026	2025	2026	2025
Operating Revenues:
Electric revenues	$131,594	$129,527	$263,034	$255,016
Gas revenues	29,601	29,925	140,864	123,406
Total Operating Revenues	161,195	159,452	403,898	378,422
Operating Expenses:
Fuel for electric generation	12,907	16,292	33,216	33,861
Purchased power	5,813	5,562	8,280	9,940
Cost of gas sold	9,285	11,313	80,108	65,277
Other operations and maintenance	64,863	57,489	126,099	113,751
Depreciation and amortization	28,939	28,354	57,028	56,032
Other general taxes	6,375	5,931	12,670	11,888
Total Operating Expenses	128,182	124,941	317,401	290,749
Operating Income	33,013	34,511	86,497	87,673
Other income, net	7,644	747	14,327	363
Interest expense, net	(9,366)	(8,554)	(19,190)	(16,189)
Income before income taxes	31,291	26,704	81,634	71,847
Income tax provision	(3,079)	(2,229)	(7,709)	(7,569)
Net Income	$28,212	$24,475	$73,925	$64,278
Less: Net Income Attributable to Noncontrolling Interest, net of tax	(5,729)	(5,714)	(11,335)	(11,313)
Net Income Attributable to MGE	$22,483	$18,761	$62,590	$52,965

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