v3.26.3
Segment Information (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
Segment
Sep. 30, 2025
USD ($)
Segment Reporting [Line Items]        
Operating revenues $ 190,397 $ 175,679 $ 594,295 $ 554,101
Depreciation and amortization (29,302) (28,816) (86,330) (84,848)
Income tax (provision) benefit (9,390) (7,789) (19,525) (17,060)
Equity in earnings of investment     11,261 9,586
Net Income (Loss) 56,358 44,497 138,192 112,587
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     $ 292,222 255,622
Number of Reportable Segments | Segment     4  
Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 172,714 155,277 $ 435,474 410,044
Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 17,469 20,188 158,333 143,594
Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 214 214 488 463
Transmission Investment [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
All Others [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Operating Segments [Member]        
Segment Reporting [Line Items]        
Operating revenues 190,397 175,679 594,295 554,101
Fuel and purchased power (29,133) (26,478) (70,629) (70,279)
Purchased gas costs (461) (4,865) (80,569) (70,142)
Depreciation and amortization (29,302) (28,816) (86,330) (84,848)
Interest expense (11,295) (9,412) (33,669) (27,716)
Other segment items [1] (58,383) (57,167) (176,642) (181,055)
Income tax (provision) benefit (9,390) (7,789) (19,525) (17,060)
Equity in earnings of investment 3,925 3,345 11,261 9,586
Net Income (Loss) 56,358 44,497 138,192 112,587
Operating Segments [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 172,719 155,179 435,461 409,870
Fuel and purchased power (30,512) (27,878) (74,094) (73,508)
Purchased gas costs 0 0 0 0
Depreciation and amortization (22,278) (22,470) (65,491) (66,099)
Interest expense (8,231) (6,703) (24,478) (19,681)
Other segment items [1] (58,211) (56,785) (171,362) (170,894)
Income tax (provision) benefit (5,565) (5,039) (3,821) (3,609)
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 47,922 36,304 96,215 76,079
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     241,768 210,095
Operating Segments [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 22,869 26,581 174,942 159,017
Fuel and purchased power 0 0 0 0
Purchased gas costs (4,494) (9,868) (93,750) (82,369)
Depreciation and amortization (5,034) (4,396) (14,898) (12,975)
Interest expense (2,263) (1,836) (6,736) (5,367)
Other segment items [1] (16,247) (14,439) (47,224) (45,550)
Income tax (provision) benefit 1,500 1,148 (3,164) (3,278)
Equity in earnings of investment 0 0 0 0
Net Income (Loss) (3,669) (2,810) 9,170 9,478
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     41,183 36,396
Operating Segments [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,987 11,463 35,255 33,937
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization (1,990) (1,950) (5,941) (5,774)
Interest expense (801) (873) (2,455) (2,668)
Other segment items [1] (37) (30) (118) (97)
Income tax (provision) benefit (2,495) (2,345) (7,284) (6,918)
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 6,664 6,265 19,457 18,480
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     9,271 9,131
Operating Segments [Member] | Transmission Investment [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [1] 0 0 0 0
Income tax (provision) benefit (1,069) (912) (3,068) (2,614)
Equity in earnings of investment 3,925 3,345 11,261 9,586
Net Income (Loss) 2,856 2,433 8,193 6,972
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
Operating Segments [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues 207,575 193,223 645,658 602,824
Fuel and purchased power (30,512) (27,878) (74,094) (73,508)
Purchased gas costs (4,494) (9,868) (93,750) (82,369)
Depreciation and amortization (29,302) (28,816) (86,330) (84,848)
Interest expense (11,295) (9,412) (33,669) (27,716)
Other segment items [1] (74,495) (71,254) (218,704) (216,541)
Income tax (provision) benefit (7,629) (7,148) (17,337) (16,419)
Equity in earnings of investment 3,925 3,345 11,261 9,586
Net Income (Loss) 53,773 42,192 133,035 111,009
Operating Segments [Member] | All Others [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [1] 4,346 2,946 7,345 2,219
Income tax (provision) benefit (1,761) (641) (2,188) (641)
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 2,585 2,305 5,157 1,578
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
Consolidation Elimination Entries [Member]        
Segment Reporting [Line Items]        
Operating revenues (17,178) (17,544) (51,363) (48,723)
Fuel and purchased power 1,379 1,400 3,465 3,229
Purchased gas costs 4,033 5,003 13,181 12,227
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [1] 11,766 11,141 34,717 33,267
Income tax (provision) benefit 0 0 0 0
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 0 0 0 0
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
Consolidation Elimination Entries [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 5 (98) (13) (174)
Consolidation Elimination Entries [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 5,400 6,393 16,609 15,423
Consolidation Elimination Entries [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,773 11,249 34,767 33,474
Consolidation Elimination Entries [Member] | Transmission Investment [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Consolidation Elimination Entries [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues 17,178 17,544 51,363 48,723
Consolidation Elimination Entries [Member] | All Others [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
MGE [Member]        
Segment Reporting [Line Items]        
Operating revenues 190,397 175,679 594,295 554,101
Depreciation and amortization (29,302) (28,816) (86,330) (84,848)
Income tax (provision) benefit (6,560) (6,236) (14,269) (13,805)
Net Income (Loss) Attributable to Noncontrolling Interest 5,764 5,668 17,099 16,981
Net Income (Loss) 45,153 34,091 107,743 87,056
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     $ 292,222 255,622
Number of Reportable Segments | Segment     3  
MGE [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 172,714 155,277 $ 435,474 410,044
MGE [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 17,469 20,188 158,333 143,594
MGE [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 214 214 488 463
MGE [Member] | Operating Segments [Member]        
Segment Reporting [Line Items]        
Operating revenues 190,397 175,679 594,295 554,101
Fuel and purchased power (29,133) (26,478) (70,629) (70,279)
Purchased gas costs (461) (4,865) (80,569) (70,142)
Depreciation and amortization (29,302) (28,816) (86,330) (84,848)
Interest expense (11,295) (9,412) (33,669) (27,716)
Other segment items [2] (62,729) (60,113) (183,987) (183,274)
Income tax (provision) benefit (6,560) (6,236) (14,269) (13,805)
Net Income (Loss) Attributable to Noncontrolling Interest (5,764) (5,668) (17,099) (16,981)
Net Income (Loss) 45,153 34,091 107,743 87,056
MGE [Member] | Operating Segments [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 172,719 155,179 435,461 409,870
Fuel and purchased power (30,512) (27,878) (74,094) (73,508)
Purchased gas costs 0 0 0 0
Depreciation and amortization (22,278) (22,470) (65,491) (66,099)
Interest expense (8,231) (6,703) (24,478) (19,681)
Other segment items [2] (58,211) (56,785) (171,362) (170,894)
Income tax (provision) benefit (5,565) (5,039) (3,821) (3,609)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) 47,922 36,304 96,215 76,079
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     241,768 210,095
MGE [Member] | Operating Segments [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 22,869 26,581 174,942 159,017
Fuel and purchased power 0 0 0 0
Purchased gas costs (4,494) (9,868) (93,750) (82,369)
Depreciation and amortization (5,034) (4,396) (14,898) (12,975)
Interest expense (2,263) (1,836) (6,736) (5,367)
Other segment items [2] (16,247) (14,439) (47,224) (45,550)
Income tax (provision) benefit 1,500 1,148 (3,164) (3,278)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) (3,669) (2,810) 9,170 9,478
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     41,183 36,396
MGE [Member] | Operating Segments [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,987 11,463 35,255 33,937
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization (1,990) (1,950) (5,941) (5,774)
Interest expense (801) (873) (2,455) (2,668)
Other segment items [2] (37) (30) (118) (97)
Income tax (provision) benefit (2,495) (2,345) (7,284) (6,918)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) 6,664 6,265 19,457 18,480
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     9,271 9,131
MGE [Member] | Operating Segments [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues 207,575 193,223 645,658 602,824
Fuel and purchased power (30,512) (27,878) (74,094) (73,508)
Purchased gas costs (4,494) (9,868) (93,750) (82,369)
Depreciation and amortization (29,302) (28,816) (86,330) (84,848)
Interest expense (11,295) (9,412) (33,669) (27,716)
Other segment items [2] (74,495) (71,254) (218,704) (216,541)
Income tax (provision) benefit (6,560) (6,236) (14,269) (13,805)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) 50,917 39,759 124,842 104,037
MGE [Member] | Consolidation Elimination Entries [Member]        
Segment Reporting [Line Items]        
Operating revenues (17,178) (17,544) (51,363) (48,723)
Fuel and purchased power 1,379 1,400 3,465 3,229
Purchased gas costs 4,033 5,003 13,181 12,227
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [2] 11,766 11,141 34,717 33,267
Income tax (provision) benefit 0 0 0 0
Net Income (Loss) Attributable to Noncontrolling Interest (5,764) (5,668) (17,099) (16,981)
Net Income (Loss) (5,764) (5,668) (17,099) (16,981)
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
MGE [Member] | Consolidation Elimination Entries [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 5 (98) (13) (174)
MGE [Member] | Consolidation Elimination Entries [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 5,400 6,393 16,609 15,423
MGE [Member] | Consolidation Elimination Entries [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,773 11,249 34,767 33,474
MGE [Member] | Consolidation Elimination Entries [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues $ 17,178 $ 17,544 $ 51,363 $ 48,723
[1] Other segment items include AFUDC Income, Other Income, Net, Other Operations and Maintenance, Other General Taxes, and Interest Revenue.
[2] Other segment items include AFUDC Income, Other Income, Net, Other Operations and Maintenance, Other General Taxes, and Interest Revenue.