Filing Flows › OGE Energy (OGE) › Q1 2026
OGE Energy (OGE) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
OGE Energy (OGE) reported revenue of $753M for the first quarter 2026 (Q1 2026), +0.7% from a year earlier and +4% from the quarter before. Operating margin was 15.0%, net earnings $50.2M (6.7% of revenue).
OGE Energy, Q1 2026: revenue $753M (+0.7% year over year), operating margin 15.0%, net earnings $50.2M, operating cash flow $176M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $753M | +4% | +0.7% |
| Operating profit | $113M | -18% | -15% |
| Net earnings | $50.2M | -27% | -20% |
| Operating cash flow | $176M | -54% | 11× |
What changed
Revenue was $752.6M in Q1 2026, up 1% year over year and up 4% from the previous quarter.
Operating profit was $113.1M, a 15.0% margin (down 2.8 points year over year). Operating profit fell $20.2M even though revenue rose $4.9M versus Q1 2025, so costs grew faster than sales. Total costs grew 4% against revenue growth of 1%. Net earnings were $50.2M, down 20% year over year. The effective tax rate was 15.5%.
Operating cash flow was $175.5M (up 1004% year over year), 350% of net earnings. Non-cash charges added back $136.4M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $14.9M. Capital expenditures of $266.8M exceeded it, leaving free cash flow of −$91.3M.
Questions
What was OGE Energy's revenue in the first quarter 2026?
OGE Energy (OGE) reported revenue of $753M for the first quarter 2026 (Q1 2026), +0.7% from a year earlier and +4% from the quarter before.
Was OGE Energy profitable in the first quarter 2026?
Operating profit was $113M (15.0% of revenue) and net earnings $50.2M.
Source: OGE Energy 10-Q on SEC EDGAR.