OGE Energy Corp. (OGE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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OGE Revenue Growth
Revenue Breakdown (FY 2025)
OGE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
OGE Revenue Analysis (2014–2025)
As of May 8, 2026, OGE Energy Corp. (OGE) generated trailing twelve-month (TTM) revenue of $3.27 billion, reflecting modest growth of +0.7% year-over-year. The most recent quarter (Q1 2026) recorded $752.6 million in revenue, up 3.7% sequentially.
Looking at the longer-term picture, OGE's 5-year compound annual growth rate (CAGR) stands at +9.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $3.65 billion in 2021.
Revenue diversification analysis shows OGE's business is primarily driven by Electric Utility (100%). With over half of revenue concentrated in Electric Utility, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including EVRG (+2.4% YoY), NWE (+9.1% YoY), and AVA (-1.5% YoY), OGE has underperformed the peer group in terms of revenue growth. Compare OGE vs EVRG →
OGE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OGECurrent | $3.3B | +0.7% | +9.0% | 24.5% | |
 EVRG | $5.9B | +2.4% | +3.8% | 25.2% | |
 NWE | $1.6B | +9.1% | +6.1% | 20.2% | |
 AVA | $2.0B | -1.5% | +8.2% | 18.0% | |
 OTTR | $1.3B | -0.5% | +7.9% | 26.5% | |
 IDA | $1.8B | -1.5% | +6.1% | 21.9% |
OGE Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.26B | +9.2% | $1.44B | 44.2% | $799.4M | 24.5% |
| 2024 | $2.99B | +11.6% | $1.39B | 46.7% | $745.3M | 25.0% |
| 2023 | $2.67B | -20.8% | $1.26B | 47.1% | $650.2M | 24.3% |
| 2022 | $3.38B | -7.6% | $1.21B | 35.9% | $649.5M | 19.2% |
| 2021 | $3.65B | +72.2% | $1.06B | 29.1% | $544.2M | 14.9% |
| 2020 | $2.12B | -4.9% | $1.01B | 47.8% | $522.2M | 24.6% |
| 2019 | $2.23B | -1.7% | $952.9M | 42.7% | $504.3M | 22.6% |
| 2018 | $2.27B | +0.4% | $903.2M | 39.8% | $489.6M | 21.6% |
| 2017 | $2.26B | +0.1% | $904.8M | 40.0% | $510.3M | 22.6% |
| 2016 | $2.26B | +2.8% | $941.0M | 41.7% | $503.3M | 22.3% |
Full OGE Stock Analysis
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Start ComparisonOGE — Frequently Asked Questions
Quick answers to the most common questions about buying OGE stock.
Is OGE's revenue growth accelerating or slowing?
OGE revenue growth slowed to +0.7%, below the 5-year CAGR of +9.0%. TTM revenue is $3.3B. The deceleration marks a shift from historical growth rates.
What is OGE's long-term revenue growth rate?
OGE Energy Corp.'s 5-year revenue CAGR of +9.0% reflects the variable expansion pattern. Current YoY growth of +0.7% is near this long-term average.
How is OGE's revenue distributed by segment?
OGE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.