Oge Energy Corp (OGE) financial statements: income statement, balance sheet and cash flow
Oge Energy Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Oge Energy Corp reported revenue of $3.3B (+9.2% year on year) and net income of $470.7M (+6.6% year on year).
Income statement
Oge Energy Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenues from contracts with customers
$3.2B
$2.9B
$2.6B
$3.3B
Other revenues
$69.2M
$68.7M
$67.0M
$71.5M
Operating revenues
$3.3B
$3.0B
$2.7B
$3.4B
FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE
$1.3B
$1.1B
$911.7M
$1.7B
Other operation and maintenance
$531.6M
$514.4M
$502.6M
$501.4M
Depreciation and amortization
$559.8M
$539.5M
$506.6M
$460.9M
Taxes other than income
$109.4M
$109.7M
$103.2M
$101.5M
Operating expenses
$1.2B
$1.2B
$1.1B
$1.1B
OPERATING INCOME
$799.4M
$745.3M
$650.2M
$649.5M
Allowance for equity funds used during construction
$26.0M
$25.5M
$19.4M
$6.9M
Other net periodic benefit (expense) income
($11.0M)
($2.2M)
$5.6M
($12.9M)
Other income
$39.4M
$30.6M
$48.2M
$74.6M
Other expense
($23.0M)
($24.1M)
($29.0M)
($44.6M)
Net other income
$31.4M
$29.8M
$44.2M
$306.1M
Interest on long-term debt
$261.0M
$228.3M
$205.0M
$162.1M
Allowance for borrowed funds used during construction
($15.8M)
($14.6M)
($7.1M)
($4.0M)
Interest on short-term debt and other interest charges
$25.1M
$40.8M
$23.5M
$8.2M
Interest expense
$270.3M
$254.5M
$221.4M
$166.3M
INCOME BEFORE TAXES
$560.5M
$520.6M
$473.0M
$789.3M
INCOME TAX EXPENSE
$89.8M
$79.1M
$56.2M
$123.6M
NET INCOME
$470.7M
$441.5M
$416.8M
$439.5M
BASIC AVERAGE COMMON SHARES OUTSTANDING
201.9M
200.8M
200.3M
200.2M
DILUTED AVERAGE COMMON SHARES OUTSTANDING
202.5M
201.3M
200.9M
200.8M
BASIC EARNINGS PER AVERAGE COMMON SHARE
$2.33
$2.20
$2.08
$3.33
DILUTED EARNINGS PER AVERAGE COMMON SHARE
$2.32
$2.19
$2.07
$3.32
Other comprehensive income, net of tax
$100.0K
$4.5M
$4.7M
$12.9M
Comprehensive income
$470.8M
$446.0M
$421.5M
$678.6M
Oge Energy Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues from contracts with customers
$688.0M
$736.7M
$1.0B
$719.7M
Other revenues
$23.9M
$15.9M
$16.6M
$21.9M
Operating revenues
$711.9M
$752.6M
$1.0B
$741.6M
FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE
$217.7M
$336.7M
$388.5M
$261.1M
Other operation and maintenance
$138.7M
$136.5M
$143.3M
$127.1M
Depreciation and amortization
$138.1M
$136.4M
$146.7M
$140.6M
Taxes other than income
$25.8M
$29.9M
$25.2M
$26.2M
Operating expenses
$302.6M
$302.8M
$315.2M
$293.9M
OPERATING INCOME
$191.6M
$113.1M
$341.3M
$186.6M
Allowance for equity funds used during construction
$7.3M
$7.5M
$6.3M
$6.0M
Other net periodic benefit expense
($2.6M)
($2.6M)
($2.7M)
($2.9M)
Other income
$15.3M
$13.6M
$6.1M
$17.2M
Other expense
($7.1M)
($12.3M)
($4.6M)
($5.2M)
Net other income
$12.9M
$6.2M
$5.1M
$15.1M
Interest on long-term debt
$71.6M
$66.3M
$66.4M
$66.6M
Allowance for borrowed funds used during construction
($3.4M)
($3.6M)
($3.7M)
($3.7M)
Interest on short-term debt and other interest charges
($1.5M)
($2.8M)
$6.9M
$9.3M
Interest expense
$66.7M
$59.9M
$69.6M
$72.2M
INCOME BEFORE TAXES
$137.8M
$59.4M
$276.8M
$129.5M
INCOME TAX EXPENSE
$21.5M
$9.2M
$45.5M
$22.0M
NET INCOME
$116.3M
$50.2M
$231.3M
$107.5M
BASIC AVERAGE COMMON SHARES OUTSTANDING
206.5M
206.3M
201.5M
201.3M
DILUTED AVERAGE COMMON SHARES OUTSTANDING
207.8M
207.2M
202.1M
202.1M
BASIC EARNINGS PER AVERAGE COMMON SHARE
$0.56
$0.24
$1.15
$0.53
DILUTED EARNINGS PER AVERAGE COMMON SHARE
$0.56
$0.24
$1.14
$0.53
Other comprehensive income, net of tax
$100.0K
$0
$100.0K
$100.0K
Comprehensive income
$116.4M
$50.2M
$231.4M
$107.6M
Balance sheet
Oge Energy Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$200.0K
$600.0K
$200.0K
$88.1M
Accounts receivable
$347.8M
$240.6M
$208.8M
$250.1M
Accrued unbilled revenues
$76.2M
$74.6M
$72.7M
$74.2M
Advances to parent
$78.3M
—
$0
$91.0M
Income taxes receivable
$37.3M
$0
$18.2M
$20.7M
Fuel inventories
$112.0M
$148.3M
$158.5M
$108.8M
Materials and supplies, at average cost
$212.7M
$229.4M
$254.3M
$180.5M
Fuel clause under recoveries
$0
$112.7M
$0
$514.9M
Other
$71.7M
$88.9M
$58.8M
$103.5M
Total current assets
$857.9M
$895.1M
$771.5M
$1.3B
Other
$129.4M
$124.2M
$114.0M
$105.8M
Total other property and investments
$129.4M
$124.2M
$114.0M
$105.8M
In service
$17.2B
$16.3B
$15.6B
$14.7B
Construction work in progress
$744.9M
$814.2M
$522.2M
$436.1M
Total property, plant and equipment
$17.9B
$17.1B
$16.1B
$15.1B
Less: accumulated depreciation
$5.2B
$5.0B
$4.8B
$4.6B
Net property, plant and equipment
$12.7B
$12.1B
$11.3B
$10.5B
Regulatory assets
$557.2M
$568.1M
$577.6M
$524.3M
Other
$95.6M
$42.0M
$26.6M
$27.0M
Total deferred charges and other assets
$652.8M
$610.1M
$604.2M
$551.3M
TOTAL ASSETS
$14.4B
$13.7B
$12.8B
$12.5B
Short-term debt
$292.0M
$469.3M
$499.2M
$0
Accounts payable
$350.6M
$305.7M
$276.4M
$448.9M
Advances from parent
$0
$247.6M
$147.7M
$0
Dividends payable
$87.6M
$84.7M
$83.8M
$82.9M
Customer deposits
$127.2M
$111.1M
$103.5M
$88.8M
Accrued taxes
$53.0M
$58.8M
$47.6M
$54.0M
Accrued interest
$68.8M
$63.8M
$57.4M
$41.1M
Accrued compensation
$54.3M
$53.0M
$46.8M
$37.0M
Long-term debt due within one year
$0
$32.4M
$0
$999.9M
Fuel clause over recoveries
$27.1M
$9.3M
$20.5M
—
Other
$33.5M
$41.7M
$44.0M
$49.6M
Total current liabilities
$1.1B
$1.2B
$1.2B
$1.8B
LONG-TERM DEBT
$5.4B
$5.0B
$4.3B
$3.5B
Accrued benefit obligations
$164.4M
$170.9M
$172.7M
$176.9M
Deferred income taxes
$1.5B
$1.4B
$1.3B
$1.2B
Deferred investment tax credits
$9.8M
$10.6M
$11.3M
$12.0M
Regulatory liabilities
$957.1M
$1.0B
$1.1B
$1.1B
Other
$309.3M
$255.4M
$213.0M
$210.9M
Total deferred credits and other liabilities
$2.9B
$2.8B
$2.8B
$2.8B
Total liabilities
$9.4B
$9.1B
$8.3B
$8.1B
Common stockholder's equity
$1.4B
$1.2B
$1.1B
$1.1B
Retained earnings
$3.6B
$3.5B
$3.4B
$3.3B
Accumulated other comprehensive loss, net of tax
($2.6M)
($2.7M)
($7.2M)
($11.9M)
Total stockholder's equity
$5.0B
$4.6B
$4.5B
$4.4B
Oge Energy Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$900.0K
$200.0K
$300.0K
$500.0K
Accounts receivable
$323.7M
$304.8M
$438.8M
$326.5M
Accrued unbilled revenues
$105.0M
$67.9M
$93.7M
$105.6M
Income taxes receivable
$25.5M
$35.7M
$100.0K
$200.0K
Advances to parent
$550.5M
$0
—
$42.3M
Fuel inventories
$110.6M
$108.8M
$123.2M
$144.9M
Materials and supplies, at average cost
$214.2M
$212.9M
$219.1M
$228.7M
Other
$63.7M
$78.2M
$74.0M
$65.0M
Total current assets
$843.6M
$808.5M
$987.7M
$969.3M
Other
$118.8M
$128.8M
$137.4M
$134.4M
Total other property and investments
$118.8M
$128.8M
$137.4M
$134.4M
In service
$17.6B
$17.4B
$17.0B
$16.8B
Construction work in progress
$769.0M
$744.3M
$708.8M
$690.7M
Total property, plant and equipment
$18.3B
$18.2B
$17.7B
$17.5B
Less: accumulated depreciation
$5.3B
$5.2B
$5.2B
$5.1B
Net property, plant and equipment
$13.0B
$12.9B
$12.5B
$12.4B
Regulatory assets
$562.4M
$555.9M
$546.7M
$561.8M
Other
$80.2M
$68.1M
$67.2M
$48.3M
Total deferred charges and other assets
$642.6M
$624.0M
$613.9M
$610.1M
TOTAL ASSETS
$14.6B
$14.5B
$14.3B
$14.1B
Short-term debt
$129.1M
$492.4M
$466.3M
$534.5M
Accounts payable
$282.2M
$282.9M
$275.7M
$287.9M
Customer deposits
$121.0M
$125.3M
$122.8M
$120.3M
Accrued taxes
$50.3M
$32.8M
$97.7M
$69.9M
Accrued interest
$74.1M
$82.6M
$82.5M
$68.7M
Dividends payable
$87.8M
$87.7M
$85.6M
$84.8M
Accrued compensation
$38.5M
$33.4M
$51.5M
$37.3M
Long-term debt due within one year
$115.9M
—
$0
$0
Fuel clause over recoveries
$152.0M
$55.3M
$10.0M
$6.3M
Other
$48.6M
$39.5M
$45.0M
$41.0M
Total current liabilities
$1.1B
$1.2B
$1.2B
$1.3B
LONG-TERM DEBT
$5.6B
$5.4B
$5.4B
$5.4B
Accrued benefit obligations
$157.4M
$153.1M
$160.8M
$165.6M
Deferred income taxes
$1.5B
$1.5B
$1.4B
$1.4B
Deferred investment tax credits
$9.4M
$9.6M
$10.0M
$10.2M
Regulatory liabilities
$935.6M
$941.9M
$971.2M
$985.2M
Other
$310.0M
$315.6M
$283.2M
$262.4M
Total deferred credits and other liabilities
$2.9B
$2.9B
$2.9B
$2.8B
Total liabilities
$9.6B
$9.5B
$9.5B
$9.4B
Common stockholders' equity
$1.4B
$1.4B
$1.2B
$1.2B
Retained earnings
$3.6B
$3.6B
$3.6B
$3.5B
Accumulated other comprehensive loss, net of tax
($2.5M)
($2.6M)
($2.4M)
($2.5M)
Total stockholders' equity
$5.0B
$4.9B
$4.8B
$4.6B
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$14.6B
$14.5B
$14.3B
$14.1B
Cash flow statement
Oge Energy Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$470.7M
$441.5M
$416.8M
$665.7M
Depreciation and amortization
$559.8M
$539.5M
$506.6M
$460.9M
Deferred income taxes and other tax credits, net
$59.5M
$15.6M
$11.6M
($154.0M)
Allowance for equity funds used during construction
($26.0M)
($25.5M)
($19.4M)
($6.9M)
Stock-based compensation expense
$14.0M
$11.7M
$13.1M
$9.7M
Regulatory assets
($66.9M)
($52.4M)
($92.1M)
$702.2M
Regulatory liabilities
$500.0K
($2.8M)
($12.2M)
($118.4M)
Other assets
($32.5M)
($16.8M)
$0
$18.9M
Other liabilities
$39.4M
$30.6M
$5.0M
($6.6M)
Other
($8.7M)
—
—
($3.4M)
Accounts receivable and accrued unbilled revenues, net
($108.8M)
($33.6M)
$42.8M
($97.0M)
Income taxes receivable
($37.3M)
$18.2M
$2.5M
($18.1M)
Fuel, materials and supplies inventories
$81.9M
$25.7M
($122.8M)
($130.1M)
Fuel recoveries
$130.5M
($123.9M)
$535.4M
($363.0M)
Other current assets
$17.1M
($30.1M)
$44.6M
($30.2M)
Accounts payable
$34.9M
($14.7M)
($136.3M)
$155.4M
Income taxes payable - parent
($47.6M)
$23.8M
$9.4M
$8.0M
Other current liabilities
$9.0M
$29.8M
$36.7M
$36.7M
Net cash provided from operating activities
$1.1B
$812.8M
$1.2B
$843.1M
Capital expenditures (less allowance for equity funds used during construction)
($1.1B)
($1.1B)
($1.2B)
($1.1B)
Cost of removal
($70.3M)
($67.5M)
($91.0M)
—
Cost of removal and other
($72.2M)
($70.3M)
($93.9M)
—
Net cash used in investing activities
($1.1B)
($1.2B)
($1.3B)
$12.9M
Proceeds from long-term debt
$344.4M
$706.3M
$788.3M
$49.3M
Payment of long-term debt
($32.6M)
($100.0K)
($1.0B)
($100.0K)
Changes In advances with parent
($148.3M)
($53.8M)
$229.2M
($187.4M)
(Decrease) increase in short-term debt
($177.3M)
($29.9M)
$499.2M
($486.9M)
Capital contribution from OGE Energy
$150.0M
—
$0
$0
Dividends paid on common stock
($341.9M)
($338.5M)
($333.2M)
($329.3M)
Proceeds (costs) from issuance of common stock
$203.8M
$17.1M
—
—
Cash paid for employee equity-based compensation
-7.3M
-6.1M
-2.3M
-900.0K
Net cash (used in) provided from financing activities
($10.9M)
$348.8M
($48.1M)
($767.9M)
NET CHANGE IN CASH AND CASH EQUIVALENTS
($400.0K)
$400.0K
($87.9M)
$88.1M
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
$600.0K
$200.0K
$88.1M
$0
CASH AND CASH EQUIVALENTS AT END OF YEAR
$200.0K
$600.0K
$200.0K
$88.1M
Interest (net of interest capitalized)
$268.7M
$251.1M
$202.4M
$164.0M
Federal income taxes (net of income tax refunds)
$73.9M
—
—
—
State income taxes (net of income tax refunds)
$1.2M
—
—
—
Power plant long-term service agreement
$3.4M
$6.4M
$700.0K
$800.0K
Tinker Air Force Base distribution assets purchase
$0
$2.6M
—
—
Oge Energy Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$166.5M
$50.2M
$401.5M
$170.2M
Depreciation and amortization
$274.5M
$136.4M
$424.7M
$278.0M
Deferred income taxes and other tax credits, net
$19.0M
$7.6M
$14.0M
$1.2M
Allowance for equity funds used during construction
($14.8M)
($7.5M)
($19.3M)
($13.0M)
Stock-based compensation expense
$7.7M
$3.8M
$10.1M
$6.6M
Regulatory assets
($20.4M)
($6.1M)
($39.6M)
($30.1M)
Regulatory liabilities
$2.1M
$200.0K
$800.0K
$400.0K
Other assets
$11.6M
$1.0M
($22.8M)
($5.2M)
Other liabilities
($20.4M)
($18.0M)
$24.3M
$9.7M
Other
$0
—
($8.7M)
($8.7M)
Accounts receivable and accrued unbilled revenues, net
($4.7M)
$51.3M
($217.3M)
($116.9M)
Income taxes receivable
$11.8M
$1.6M
($100.0K)
($200.0K)
Fuel, materials and supplies inventories
($700.0K)
$2.4M
$48.3M
$4.1M
Fuel recoveries
$124.9M
$28.2M
$74.9M
$11.8M
Other current assets
$8.0M
($6.5M)
$14.9M
$23.9M
Accounts payable
($49.6M)
($45.9M)
($24.8M)
$13.8M
Income taxes payable - parent
$17.9M
$4.2M
$13.7M
$9.7M
Other current liabilities
($4.1M)
($23.2M)
$71.4M
$8.9M
Net cash provided from operating activities
$511.4M
$175.5M
$752.3M
$354.5M
Capital expenditures (less allowance for equity funds used during construction)