Filing Flows › OGE Energy (OGE) › Q1 2025
OGE Energy (OGE) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
OGE Energy (OGE) reported revenue of $748M for the first quarter 2025 (Q1 2025), +25% from a year earlier and -2% from the quarter before. Operating margin was 17.8%, net earnings $62.7M (8.4% of revenue).
OGE Energy, Q1 2025: revenue $748M (+25% year over year), operating margin 17.8%, net earnings $62.7M, operating cash flow $15.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $748M | -2% | +25% |
| Operating profit | $133M | -27% | +80% |
| Net earnings | $62.7M | -38% | +237% |
| Operating cash flow | $15.9M | -88% | -81% |
What changed
Revenue was $747.7M in Q1 2025, up 25% year over year and down 2% from the previous quarter.
Operating profit was $133.3M, a 17.8% margin (up 5.4 points year over year). Of the extra revenue versus a year earlier, 39% reached operating profit, above the 12% margin then. Total costs grew 18% against revenue growth of 25%. The fastest-growing cost line was Cost of revenue (+40%). Net earnings were $62.7M, up 237% year over year. The effective tax rate was 14.0%.
Operating cash flow was $15.9M (down 81% year over year), 25% of net earnings. Non-cash charges added back $137.4M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $187.2M. Capital expenditures of $249.5M exceeded it, leaving free cash flow of −$233.6M.
Questions
What was OGE Energy's revenue in the first quarter 2025?
OGE Energy (OGE) reported revenue of $748M for the first quarter 2025 (Q1 2025), +25% from a year earlier and -2% from the quarter before.
Was OGE Energy profitable in the first quarter 2025?
Operating profit was $133M (17.8% of revenue) and net earnings $62.7M.
Source: OGE Energy 10-Q on SEC EDGAR.