MGE Energy Q2 2026 EPS $0.89 vs $0.72 YoY; net income up 26% to $33.4M

MGE ENERGY INC

GAAP diluted EPS $0.89, up from $0.72 in Q2 2025; net income $33.4M vs $26.5M.
Electric segment earnings increased $3.0M driven by renewable project investments and rate base growth.
Gas segment net income stable compared to Q2 2025.
Earnings included $3.9M of investment gains from venture capital funds.
Six-month 2026 EPS $2.21 vs $1.86; net income $81.8M vs $68.1M.

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