Xcel Energy revenue and financials

XEL · NASDAQ · USD

$72.73Change from previous close: +1.73%Absolute change: +$1.24

Close · October 6, 2026

In the fiscal year ended December 2025, Xcel Energy reported revenue of $14.67B (+9.14% year over year). Net income was $2.02B, a net margin of 13.8%.

Annual revenue · 2025: $14.67B
  1. $11.11B2016
  2. $11.4B2017
  3. $11.54B2018
  4. $13.43B2021
  5. $15.31B2022
  6. $14.21B2023
  7. $13.44B2024
  8. $14.67B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+9.14%
2025 vs 2024
Net income growth
+4.24%
2025 vs 2024
Net margin
13.8%
2024: 14.4%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item2025202420232022202120202019201820172016
Total assets81,37170,03564,07961,18857,85153,95750,44845,98743,03041,155
Current assets5,0144,3254,0695,1444,2393,2753,1133,0942,9732,842
Cash and equivalents27417912911116612924814783.085.0
Receivables2,2102,0812,1682,478——————
Inventory761666711803——————
Net property, plant and equipment67,41057,97252,51049,16646,440—————
Long-term investments4,3893,8963,5993,234——————
Current liabilities7,0896,4595,6526,0785,0464,2394,5684,4604,0883,247
Accounts payable2,3071,7811,6681,804——————
Long-term debt31,83227,31624,91322,81321,77919,64517,40715,80314,52014,195
Total debt34,78130,20827,51426,032——————
Total liabilities57,76250,51346,46344,51342,239—————
Total equity (incl. minority)23,60919,52217,61616,67515,612—————
Retained earnings9,2078,5537,8587,2396,572—————