---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-103696"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T18:54:46.694108+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MGE Energy Q2 2025 GAAP EPS $0.73 vs $0.66 YoY; revenue up 9.4%

## Summary
- Net income $26.5M ($0.73 diluted EPS) vs $23.8M ($0.66) in Q2 2024.
- Operating revenue $159.5M, up 9.4% from $145.7M YoY.
- Electric net income increased $3.9M on rate base growth and warmer weather; residential electric sales rose ~5%.
- Darien Solar (25 MW) and Paris BESS (11 MW) entered service in March and June 2025 respectively.
- Gas net income was steady with minimal variation from prior year.

## SEC filing metadata
- accession: 0000950170-25-103696
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000095017025103696/0000950170-25-103696-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61339/000095017025103696/mgee-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-103696
- JSON: https://secwatch.observer/filing/0000950170-25-103696.json
- Plain text: https://secwatch.observer/filing/0000950170-25-103696.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.