Filing Flows › OGE Energy (OGE) › Q4 2025
OGE Energy (OGE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 18, 2026
OGE Energy (OGE) reported revenue of $726M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -31% from the quarter before. Operating margin was 19.0%, net earnings $69.2M (9.5% of revenue).
OGE Energy, Q4 2025: revenue $726M (-5% year over year), operating margin 19.0%, net earnings $69.2M, operating cash flow $385M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $726M | -31% | -5% |
| Operating profit | $138M | -60% | -24% |
| Net earnings | $69.2M | -70% | -32% |
| Operating cash flow | $385M | -3% | +197% |
| Free cash flow | $83.1M | -51% | — |
What changed
Revenue was $725.8M in Q4 2025, down 5% year over year and down 31% from the previous quarter.
Operating profit was $138.2M, a 19.0% margin (down 4.9 points year over year). Total costs grew 2% against a revenue fall of 5%. Net earnings were $69.2M, down 32% year over year. The effective tax rate was 14.9%.
Operating cash flow was $384.8M (up 197% year over year), 556% of net earnings. Non-cash charges added back $135.1M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items added $176.6M. Capital expenditures of $301.7M left free cash flow of $83.1M.
Questions
What was OGE Energy's revenue in the fourth quarter 2025?
OGE Energy (OGE) reported revenue of $726M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -31% from the quarter before.
Was OGE Energy profitable in the fourth quarter 2025?
Operating profit was $138M (19.0% of revenue) and net earnings $69.2M.
Source: OGE Energy 10-K on SEC EDGAR.