Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
OGEOge Energy Corp.
Every company that sells shares in the US files four statements with the SEC. Together they show whether Oge Energy made money, what it owns and owes, where its cash went, and what changed for its shareholders. Below is every line exactly as Oge Energy filed it, with what each one means in plain English.
As filed with the SEC on Feb 18, 2026 · the full report · SEC's figures viewer
Income statement · also called the statement of operations, statement of earnings or profit and loss
Read it from the top down. It starts with everything customers paid (sales), takes away the cost of making what was sold, then the costs of running the company, then interest and tax. What is left at the bottom is profit (net income), the part that belongs to shareholders. It covers a stretch of time: a year, or a quarter.
Out of every $100 of sales
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| $3.2B▲ 9.4% | $2.9B | $2.6B | |
| $69.2M▲ 0.7% | $68.7M | $67.0M | |
| $3.3B▲ 9.2% | $3.0B | $2.7B | |
| $1.3B▲ 17% | $1.1B | $911.7M | |
| OPERATING EXPENSES | |||
| $531.6M▲ 3.3% | $514.4M | $502.6M | |
| $559.8M▲ 3.8% | $539.5M | $506.6M | |
| $109.4M▼ 0.3% | $109.7M | $103.2M | |
| $1.2B▲ 3.2% | $1.2B | $1.1B | |
| $799.4M▲ 7.3% | $745.3M | $650.2M | |
| OTHER INCOME (EXPENSE) | |||
| $26.0M▲ 2.0% | $25.5M | $19.4M | |
| −$11.0M▼ 400% | −$2.2M | $5.6M | |
| $39.4M▲ 29% | $30.6M | $48.2M | |
| −$23.0M▲ 4.6% | −$24.1M | −$29.0M | |
| $31.4M▲ 5.4% | $29.8M | $44.2M | |
| INTEREST EXPENSE | |||
| $261.0M▲ 14% | $228.3M | $205.0M | |
| −$15.8M▼ 8.2% | −$14.6M | −$7.1M | |
| $25.1M▼ 38% | $40.8M | $23.5M | |
| $270.3M▲ 6.2% | $254.5M | $221.4M | |
| $560.5M▲ 7.7% | $520.6M | $473.0M | |
| $89.8M▲ 14% | $79.1M | $56.2M | |
| $470.7M▲ 6.6% | $441.5M | $416.8M | |
| 201.9M shares▲ 0.5% | 200.8M shares | 200.3M shares | |
| 202.5M shares▲ 0.6% | 201.3M shares | 200.9M shares | |
| $2.33▲ 5.9% | $2.20 | $2.08 | |
| $2.32▲ 5.9% | $2.19 | $2.07 | |
| $100.0K▼ 98% | $4.5M | $4.7M | |
| $470.8M▲ 5.6% | $446.0M | $421.5M | |
| OG&E | |||
|---|---|---|---|
| Sales (Revenues from contracts with customers) | $3.2B | $2.9B | $2.6B |
| Sales (Other revenues) | $69.2M | $68.7M | $67.0M |
| Sales (Operating revenues) | $3.3B | $3.0B | $2.7B |
| Cost of making what it sold (FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE) | $1.3B | $1.1B | $911.7M |
| Other item (Other operation and maintenance) | $531.0M | $514.1M | $505.0M |
| Wear and tear (depreciation and amortization) (Depreciation and amortization) | $559.8M | $539.5M | $506.6M |
| Other item (Taxes other than income) | $109.4M | $109.7M | $99.4M |
| Total running costs (operating expenses) (Operating expenses) | $1.2B | $1.2B | $1.1B |
| Profit from the main business (operating income) (OPERATING INCOME) | $800.0M | $745.6M | $651.6M |
| Other item (Allowance for equity funds used during construction) | $26.0M | $25.5M | $19.4M |
| Pensions (Other net periodic benefit (expense) income) | −$10.3M | −$1.6M | $6.5M |
| Profit from the main business (operating income) (Other income) | $17.3M | $12.5M | $23.9M |
| Other item (Other expense) | −$2.6M | −$4.5M | −$6.3M |
| Other income and costs (Net other income) | $30.4M | $31.9M | $43.5M |
| Interest paid (Interest on long-term debt) | $237.8M | $212.0M | $200.4M |
| Other item (Allowance for borrowed funds used during construction) | −$15.8M | −$14.6M | −$7.1M |
| Interest paid (Interest on short-term debt and other interest charges) | $3.5M | $17.0M | $6.6M |
| Interest paid on debt (Interest expense) | $225.5M | $214.4M | $199.9M |
| Profit before tax (INCOME BEFORE TAXES) | $604.9M | $563.1M | $495.2M |
| Income tax (INCOME TAX EXPENSE) | $105.1M | $93.2M | $68.8M |
| Profit (net income) (NET INCOME) | $499.8M | $469.9M | $426.4M |
| Other gains and losses not in profit (other comprehensive income) (Other comprehensive income, net of tax) | $0 | $0 | $0 |
| Profit plus other gains and losses (comprehensive income) (Comprehensive income) | $499.8M | $469.9M | $426.4M |
Every line as the company filed it (USD ($), shares in Millions, $ in Millions), shown in full dollars. See this statement on SEC.
Some value changes don't count as profit yet: currency moves on businesses abroad, rises or falls in investments it hasn't sold, and some hedges and pension changes. They are added to profit here to give comprehensive income, and they build up in shareholders' equity.
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| Statement of Comprehensive Income | |||
| $470.7M | $441.5M | $416.8M | |
| Pension Plan and Restoration of Retirement Income Plan | |||
| $200.0K | $200.0K | $200.0K | |
| $300.0K | $200.0K | $900.0K | |
| −$1.7M | −$200.0K | $3.3M | |
| $0 | $3.9M | $0 | |
| $0 | $0 | $1.2M | |
| Postretirement benefit plans | |||
| −$100.0K | −$100.0K | −$100.0K | |
| $1.4M | $500.0K | −$800.0K | |
| $100.0K | $4.5M | $4.7M | |
| $470.8M | $446.0M | $421.5M | |