OGE Energy Corp. (OGE) Income Statement
OGE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOGE revenue and net income
Where OGE's revenue goes
2025Each bar shows an amount and its share of revenue. OGE kept 14.4% of revenue as net income.
OGE profit margins
OGE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.2% | −1.2% | +9.0% | +4.0% |
| Gross profit | +3.3% | +5.9% | +7.3% | +5.0% |
| Operating income | +7.3% | +7.2% | +8.9% | +5.2% |
| Net income | +6.6% | −10.9% | — | +5.7% |
| EPS (diluted) | +5.5% | +2.6% | +2.0% | +3.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OGE quarterly EPS vs estimates
OGE Energy beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.22).
OGE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.26B | $2.99B | $2.67B | $3.38B | $3.65B | $2.12B | $2.23B | $2.27B | $2.26B | $2.26B |
| Cost of revenue | $1.82B | $1.59B | $1.41B | $2.16B | $2.59B | $1.11B | $1.28B | $1.37B | $1.36B | $1.32B |
| Gross profit | $1.44B | $1.39B | $1.26B | $1.21B | $1.06B | $1.01B | $952.9M | $903.2M | $904.8M | $941.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | — | — | — | $602.9M | $565.9M | $564.2M | $9.8M | $10.8M | $569.7M | $553.2M |
| Total operating expenses | $641.0M | $649.2M | $609.8M | $562.4M | $518.8M | $492.7M | $448.6M | $413.6M | $372.9M | $410.2M |
| Operating income | $799.4M | $745.3M | $650.2M | $649.5M | $544.2M | $522.2M | $504.3M | $489.6M | $510.3M | $503.3M |
| Interest income | $270.3M | $254.5M | $221.4M | $115.8M | $2.9M | $826.5M | $34.0M | $3.2M | $12.6M | $40.3M |
| Interest expense | $270.3M | $254.5M | $228.5M | $166.3M | $161.8M | $160.4M | $150.7M | $167.7M | $161.8M | $149.6M |
| Income before taxes | $560.5M | $520.6M | $473.0M | $789.3M | $878.5M | −$301.1M | $463.4M | $497.7M | $569.7M | $486.3M |
| Income taxes | $89.8M | $79.1M | $56.2M | $123.6M | $141.2M | −$127.4M | $29.8M | $72.2M | −$49.3M | $148.1M |
| Net income | $470.7M | $441.5M | $416.8M | $665.7M | $737.3M | −$173.7M | $433.6M | $425.5M | $619.0M | $338.2M |
| EBITDA | $1.39B | $1.31B | $1.20B | $1.42B | $1.46B | $250.6M | $969.1M | $987.0M | $1.01B | $958.5M |
| EPS (diluted) | $2.31 | $2.19 | $2.07 | $2.14 | $2.35 | $2.09 | $2.17 | $2.11 | $1.92 | $1.69 |
| Gross margin | 44.2% | 46.7% | 47.1% | 35.9% | 29.1% | 47.8% | 42.7% | 39.8% | 40.0% | 41.7% |
| Operating margin | 24.5% | 25.0% | 24.3% | 19.2% | 14.9% | 24.6% | 22.6% | 21.6% | 22.6% | 22.3% |
| Net margin | 14.4% | 14.8% | 15.6% | 19.7% | 20.2% | −8.2% | 19.4% | 18.7% | 27.4% | 15.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $711.9M | $752.6M | $725.8M | $1.04B | $741.6M | $747.7M | $760.5M | $965.4M | $662.6M | $596.8M | $566.7M | $945.4M |
| Cost of revenue | $217.7M | $473.2M | $421.4M | $388.5M | $388.2M | $445.8M | $420.6M | $481.5M | $324.3M | $364.6M | $316.7M | $457.1M |
| Gross profit | $494.2M | $279.4M | $304.4M | $656.5M | $353.4M | $301.9M | $339.9M | $483.9M | $338.3M | $232.2M | $250.0M | $488.3M |
| Total operating expenses | $302.5M | $166.3M | $166.2M | $315.2M | $166.8M | $168.6M | $157.9M | $170.7M | $162.4M | $158.2M | $153.8M | $157.2M |
| Operating income | $191.7M | $113.1M | $138.2M | $341.3M | $186.6M | $133.3M | $182.0M | $313.2M | $175.9M | $74.0M | $96.2M | $331.1M |
| Interest income | $1.5M | — | $61.2M | $69.6M | $72.2M | $67.3M | $65.2M | $64.2M | — | — | — | $57.4M |
| Interest expense | $58.4M | $59.9M | $61.2M | $6.9M | $72.2M | $67.3M | $65.2M | $64.2M | $64.9M | $60.2M | $65.6M | $57.4M |
| Income before taxes | $195.5M | $59.4M | $81.3M | $276.8M | $129.5M | $72.9M | $119.2M | $259.7M | $121.5M | $20.2M | $44.4M | $280.3M |
| Income taxes | $23.8M | $9.2M | $12.1M | $45.5M | $22.0M | $10.2M | $17.3M | $41.0M | $19.2M | $1.6M | −$3.8M | $38.4M |
| Net income | $120.1M | $50.2M | $69.2M | $231.3M | $107.5M | $62.7M | $101.9M | $218.7M | $102.3M | $18.6M | $48.2M | $241.9M |
| EBITDA | $388.6M | $255.7M | $277.6M | $430.4M | $342.3M | $277.6M | $315.2M | $467.9M | $321.9M | $209.6M | $238.8M | $470.2M |
| EPS (diluted) | $0.56 | $0.24 | $0.33 | $1.14 | $0.53 | $0.31 | $0.50 | $1.09 | $0.51 | $0.09 | $0.24 | $1.20 |
| Gross margin | 69.4% | 37.1% | 41.9% | 62.8% | 47.7% | 40.4% | 44.7% | 50.1% | 51.1% | 38.9% | 44.1% | 51.7% |
| Operating margin | 26.9% | 15.0% | 19.0% | 32.7% | 25.2% | 17.8% | 23.9% | 32.4% | 26.5% | 12.4% | 17.0% | 35.0% |
| Net margin | 16.9% | 6.7% | 9.5% | 22.1% | 14.5% | 8.4% | 13.4% | 22.7% | 15.4% | 3.1% | 8.5% | 25.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OGE's financial statements (latest annual report filed February 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OGE financial results
In fiscal year 2025 (ended December 31, 2025), OGE Energy reported revenue of $3.3 billion, up 9.2% from the year before. It had net income of $470.7 million (up 6.6%), a net profit margin of 14.4%. Diluted earnings per share came to $2.31. Over five years revenue grew at an average rate of 9.0% a year.
See the OGE stock overview for the latest quote and news, or the OGE chart for price history and technical indicators.
OGE income statement FAQ
What is OGE Energy's annual revenue?
OGE Energy reported total revenue of $3.3 billion for fiscal year 2025, which ended on December 31, 2025. That was up 9.2% from $3.0 billion the previous year.
Is OGE Energy profitable?
Yes. OGE Energy reported net income of $470.7 million in fiscal 2025, a net profit margin of 14.4%; its operating margin was 24.5%.
What is OGE Energy's gross margin?
OGE Energy's gross margin was 44.2% in fiscal 2025: for every $100 of revenue, OGE Energy kept $44 after the direct cost of its products and services.
How fast is OGE Energy growing?
Revenue grew 9.0% a year on average over the last five fiscal years, from $2.1 billion to $3.3 billion.
What are OGE Energy's earnings per share?
OGE Energy earned $2.31 per diluted share in fiscal 2025, compared with $2.19 a year earlier.
When will OGE Energy report its next earnings?
OGE Energy is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does OGE Energy's fiscal year end?
OGE Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 18, 2026.
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