How many employees work at MGE Energy?
MGE Energy, Inc. (MGEE) has approximately 729 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. MGE Energy’s total headcount has grown 3.5% from 704 employees in 2023 to 729 in 2026.
Is MGE Energy hiring right now?
Yes, MGE Energy is actively hiring. MGE Energy had 52 active job postings in 2026, a 19.1% decline from 2025 — see job openings & hiring trends.
About MGE Energy’s Workforce
MGE Energy, Inc. (MGEE) is an Energy and Resources company that employs 729 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 2001, the company is headquartered in Madison, Wisconsin and trades on the NASDAQ.
MGE Energy's workforce has grown 3.5% from 2023 to 2026, up 0.2% year over year in 2026. Its workforce is concentrated most in North America (99.4%), followed by Sub-Saharan Africa (0.2%) and Central and Western Asia (0.2%).
MGE Energy's functional groups are Finance and Operations (51.1%), Engineering (27.3%), and Sales and Marketing (21.6%). The average salary is $83,337, highest in North America at a median of $76,000, down 1.0% year over year in 2026.
MGE Energy's active job postings fell 19.1% in 2026 to 52, with new postings per month climbing from 21 in 2023 to 22 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Ticker
- NASDAQ: MGEE
- Headquarters
- Madison, Wisconsin
- Founded
- 2001
- Industry
- Energy and Resources
- Employees
- 729
- YoY
- +0.2% (+5)
As of March 2026
MGE Energy workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for MGE Energy. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMGE Energy Annual Employee Count (2023-2026)
- MGE Energy had 729 employees in 2026, a 0.2% increase (+5) from 2025.
- MGE Energy had 728 employees in 2025, a 0.4% decline (+9) from 2024.
- MGE Energy had 719 employees in 2024, a 0.3% increase (+14) from 2023.
- MGE Energy had 705 employees in 2023, a 0.7% increase (+31) from 2022.
MGE Energy's total workforce has grown from 704 employees in 2023 to 729 in 2026.
MGE Energy, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 729 | +5 | +0.2% |
| 2025 | Q4 | 728 | +9 | -0.4% |
| 2025 | Q3 | 735 | +24 | +1.2% |
| 2025 | Q2 | 742 | +24 | +0.6% |
| 2025 | Q1 | 724 | +19 | +0.2% |
| 2024 | Q4 | 719 | +14 | +0.3% |
| 2024 | Q3 | 711 | +4 | -1.0% |
| 2024 | Q2 | 718 | +14 | +0.4% |
| 2024 | Q1 | 705 | +24 | -0.0% |
| 2023 | Q4 | 705 | +31 | +0.7% |
| 2023 | Q3 | 707 | +36 | +1.4% |
| 2023 | Q2 | 704 | +25 | -0.1% |
See MGE Energy's complete headcount history, including quarterly breakdowns.
Get the DataMGE Energy Employee Count by Region (2026)
North America accounts for the largest share of MGE Energy's global workforce with approximately 99% of total employees, followed by Sub-Saharan Africa and Central and Western Asia.
MGE Energy employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 720 | 99.4% |
| Sub-Saharan Africa | 1 | 0.2% |
| Central and Western Asia | 1 | 0.2% |
| Northern Europe | 1 | 0.2% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMGE Energy Employee Count by Department (2026)
MGE Energy's employee groups are Finance and Operations (51.1%), Engineering (27.3%), and Sales and Marketing (21.6%).
MGE Energy employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 369 | 51.1% |
| Engineering | 197 | 27.3% |
| Sales and Marketing | 156 | 21.6% |
Compare MGE Energy's department mix to industry peers.
See Full DataMGE Energy Employee Salary by Region (2026)
MGE Energy's average employee salary is $83,337 globally. Employees in North America receive the highest compensation.
MGE Energy median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $76,000 |
Unlock salary by role, level, and city — and compare to MGE Energy's industry peers.
Unlock Salary DataMGE Energy Job Openings and Hiring Trends (2023-2026)
- MGE Energy had 52 active job postings in 2026, a 19.1% decline (+7) from 2025.
- MGE Energy had 45 active job postings in 2025, a 22.2% increase (+9) from 2024.
- MGE Energy had 36 active job postings in 2024, a 57.1% increase (+16) from 2023.
- MGE Energy had 20 active job postings in 2023, a 40.0% decline from 2022.
- Hiring velocity in 2026: 22 new roles/month, down from 28 in 2025 and 29 in 2024.
MGE Energy's active job postings fell 19.1% in 2026 to 52, with new postings per month climbing from 21 in 2023 to 22 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataMGE Energy Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across MGE Energy's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About MGE Energy
- How fast is MGE Energy growing?
- In 2026, MGE Energy's headcount grew 0.2% to 729 employees, up from 724 in 2025.
- See the full headcount history
- Where are MGE Energy employees located?
- Most MGE Energy employees are based in North America (99.4% of headcount), followed by Sub-Saharan Africa and Central and Western Asia.
- Explore where the workforce is based
- What is the average salary at MGE Energy?
- The average employee salary at MGE Energy is approximately $83.3k per year.
- Analyze the salary distribution
- How many new job postings does MGE Energy open per year?
- In Q1 2026, MGE Energy opened 66 new job postings. In 2025, MGE Energy opened 331 new job postings — about 28 per month.
- Track hiring trends by role
- When was MGE Energy founded and where is it headquartered?
- MGE Energy was founded in 2001 and is headquartered in Madison, Wisconsin.
- Compare MGE Energy to industry peers
Speak with a workforce expert about MGE Energy.
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