OGE Energy Corp. released its third-quarter 2026 earnings results on October 28, 2026, reporting consolidated net income of $316.2 million, or $1.52 per diluted share, compared to $231.3 million, or $1.14 per diluted share, in the third quarter of 2025.

Key Highlights

  • Consolidated EPS: Diluted earnings per share were $1.52 in Q3 2026, up from $1.14 in Q3 2025.
  • OG&E segment: Oklahoma Gas and Electric contributed net income of $320.9 million, or $1.54 per diluted share, versus $242.9 million, or $1.20 per diluted share, in Q3 2025.
  • Other Operations: The holding company segment posted a loss of $4.7 million, or $0.02 per diluted share, compared to a loss of $11.6 million, or $0.06 per diluted share, in Q3 2025.
  • Operating revenues: Consolidated operating revenues were $1,182.8 million in Q3 2026, compared to $1,045.0 million in Q3 2025.
  • Updated 2026 guidance: The company now expects consolidated earnings of $2.62 to $2.68 per average diluted share, raised due to warmer-than-normal weather.
  • Nine-month net income: For the nine months ended September 30, 2026, consolidated net income was $482.7 million, or $2.32 per diluted share, versus $401.5 million, or $1.99 per diluted share, in the same period of 2025.

OGE Energy Reports Higher Q3 2026 Earnings Driven by Warmer Weather and Improved Segment Results

According to the filing, OGE Energy Corp. (NYSE:OGE) reported third-quarter 2026 consolidated net income of $316.2 million, or $1.52 per diluted share, compared to $231.3 million, or $1.14 per diluted share, in Q3 2025. The company disclosed that the increase in net income at Oklahoma Gas and Electric was "driven by stronger sales from significantly warmer weather, partially offset by increased income tax expense." Income tax expense for Q3 2026 was $60.0 million, up from $45.5 million in Q3 2025.

The Other Operations segment, which includes the holding company, reported a loss of $4.7 million, or $0.02 per diluted share, an improvement from a loss of $11.6 million, or $0.06 per diluted share, in Q3 2025. According to the filing, those results were driven by higher income from energy-related investments and lower interest expense. Interest expense on a consolidated basis declined to $63.0 million in Q3 2026 from $69.6 million in Q3 2025. Operating income for the consolidated entity rose to $428.5 million from $341.3 million in the prior-year quarter.

On the full-year outlook, the company disclosed that due to warmer-than-normal weather it now expects to exceed its original 2026 earnings guidance range, and has updated its consolidated earnings expectation to between $2.62 and $2.68 per average diluted share. The filing noted that this guidance "assumes, among other things, normal weather for the remainder of the year." The filing also contains forward-looking statements, which the company identified as subject to risks and uncertainties outlined in its cautionary language and in its most recent Form 10-K for the year ended December 31, 2025.

What Was Disclosed

OGE Energy Corp. disclosed Q3 2026 earnings results showing consolidated net income of $316.2 million, or $1.52 per diluted share, alongside a raised full-year 2026 earnings guidance range of $2.62 to $2.68 per average diluted share, attributed to warmer-than-normal weather conditions.