How many employees work at MGE Energy?
MGE Energy, Inc. (MGEE) has approximately 714 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. MGE Energy's total headcount has grown 2.1% from 699 employees in 2023 to 714 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is MGE Energy hiring right now?
Yes, MGE Energy is actively hiring. MGE Energy had 50 active job postings in 2026, a 23.0% 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 714 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 2.1% from 2023 to 2026, though it is down 0.9% year over year in 2026. Its workforce is concentrated most in the United States (99.6%), followed by Gambia (0.2%) and the United Kingdom (0.2%), with Gambia, its fastest-growing location.
MGE Energy's largest functional groups are Finance and Operations (51.5%), Engineering (27.0%), and Sales and Marketing (21.5%). Median employee tenure is 6.6 years. The average salary is $82,861, highest in Northern America at a median of $76,000.
MGE Energy's active job postings fell 23.0% in 2026 to 50. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
As of March 2026
MGE Energy
workforce metrics
Headcount
714
0.9% YoY
Avg. Salary
$82.9k
1.0% YoY
Tenure
6.6yr
0.3yr YoY
Growth Rate
-0.9%
3.6pts YoY
Hiring Rate
Attrition Rate
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.
- MGE Energy had 714 employees in 2026, a 0.9% decline (-6) from 2025.
- MGE Energy had 713 employees in 2025, a 0.1% decline (-1) from 2024.
- MGE Energy had 714 employees in 2024, a 1.9% increase (+13) from 2023.
- MGE Energy had 701 employees in 2023, a 4.3% increase (+29) from 2022.
MGE Energy's total workforce has grown from 699 employees in 2023 to 714 in 2026.
MGE Energy, Inc. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 714 | -6 | -0.9% |
| 2025 | Q4 | 713 | -1 | -0.1% |
| 2025 | Q3 | 726 | +18 | +2.5% |
| 2025 | Q2 | 738 | +21 | +2.9% |
| 2025 | Q1 | 720 | +20 | +2.7% |
| 2024 | Q4 | 714 | +13 | +1.9% |
| 2024 | Q3 | 708 | +7 | +1.0% |
| 2024 | Q2 | 717 | +18 | +2.5% |
| 2024 | Q1 | 700 | +22 | +3.2% |
| 2023 | Q4 | 701 | +29 | +4.3% |
| 2023 | Q3 | 701 | +30 | +4.4% |
| 2023 | Q2 | 699 | +21 | +3.1% |
Want to see MGE Energy's complete headcount history back to 2008, including quarterly breakdowns?
The United States accounts for the largest share of MGE Energy's global workforce with approximately 100% of total employees, followed by Gambia and the United Kingdom.
MGE Energy employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| United States | 707 | 99.6% | -2.5% |
| Gambia | 1 | 0.2% | +0.0% |
| United Kingdom | 1 | 0.2% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
MGE Energy's largest employee groups are Finance and Operations (51.5%), Engineering (27.0%), and Sales and Marketing (21.5%).
MGE Energy employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 364 | 51.5% | -1.1% |
| Engineering | 191 | 27.0% | -2.9% |
| Sales and Marketing | 152 | 21.5% | -3.7% |
Compare MGE Energy's department mix to industry peers.
MGE Energy's average employee salary is $82,861 globally. Employees in Northern America receive the highest compensation.
MGE Energy median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $76,000 |
Unlock salary by role, level, and city — and compare to MGE Energy's industry peers.
- MGE Energy had 50 active job postings in 2026, a 23.0% decline (+5) 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: 21 new roles/month, down from 28 in 2025 and 29 in 2024. New metric
MGE Energy's active job postings fell 23.0% in 2026 to 50.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
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.
Similar Energy and Resources Companies by Employee Count
- How fast is MGE Energy growing?
- In 2026, MGE Energy's headcount shrank 0.9% to 714 employees, down from 720 in 2025.
- Where are MGE Energy employees located?
- Most MGE Energy employees are based in the United States (99.6% of headcount), followed by Gambia and the United Kingdom.
- What is the average salary at MGE Energy?
- The average employee salary at MGE Energy is approximately $82.9k per year.
- How many people does MGE Energy hire per year?
- In 2026, MGE Energy opened roughly 252 new roles — about 21 per month.
- When was MGE Energy founded and where is it headquartered?
- MGE Energy was founded in 2001 and is headquartered in Madison, Wisconsin.
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