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MGE Energy (MGEE) capital expenditures by quarter

MGE Energy's capital expenditures were $81.3M in Q3 2026 (third quarter 2026), -26% from Q2 2026. Over the last 7 quarters it ranged from $64.1M (Q2 2025) to $144M (Q3 2025).

MGE Energy capital expenditures by quarterMGE Energy capital expenditures by quarter$72.9MQ4 2024$64.1MQ2 2025$144MQ3 2025$87.6MQ4 2025$101MQ1 2026$110MQ2 2026$81.3MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$81.3M-26%-43%
Q2 2026$110M+9%+71%
Q1 2026$101M+15%—
Q4 2025$87.6M-39%+20%
Q3 2025$144M+124%—
Q2 2025$64.1M-12%—
Q4 2024$72.9M——

Q3 2026 at a glance

MGE Energy, Q3 2026: revenue $190M (+8% year over year), operating margin 30.5%, net earnings $56.4M, operating cash flow $92.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is MGE Energy's capital expenditures?

MGE Energy's capital expenditures were $81.3M in Q3 2026 (third quarter 2026), -26% from Q2 2026.

How has MGE Energy's capital expenditures changed?

Over the last 7 quarters it ranged from $64.1M (Q2 2025) to $144M (Q3 2025).

Q3 2026 results → · How MGE Energy makes money →