Xcel Energy revenue and financials
$72.73Change from previous close: +1.73%Absolute change: +$1.24
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%.
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 87,165 | 84,828 | 81,371 | 79,154 | 75,337 | 72,749 | 70,035 | 69,286 | 67,927 | 65,585 | 64,079 | 62,870 |
| Current assets | 6,082 | 5,882 | 5,014 | 5,681 | 5,667 | 5,368 | 4,325 | 5,469 | 5,699 | 4,489 | 4,069 | 4,402 |
| Cash and equivalents | 2,010 | 1,760 | 274 | 1,052 | 1,454 | 1,123 | 179 | 1,545 | 1,598 | 501 | 129 | 594 |
| Receivables | 2,041 | 2,092 | 2,210 | 2,012 | 1,955 | — | — | — | — | — | — | — |
| Inventory | 745 | 709 | 761 | 723 | 668 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 71,316 | 69,649 | 67,410 | 64,913 | 61,408 | 59,410 | 57,972 | 56,038 | 54,632 | 53,558 | 52,510 | 51,420 |
| Long-term investments | 4,727 | 4,336 | 4,389 | 4,273 | 4,087 | — | — | — | — | — | — | — |
| Current liabilities | 8,672 | 7,636 | 7,089 | 7,148 | 5,886 | 6,741 | 6,459 | 5,858 | 5,900 | 5,210 | 5,652 | 5,073 |
| Accounts payable | 2,323 | 2,261 | 2,307 | 2,328 | 2,096 | — | — | — | — | — | — | — |
| Long-term debt | 35,948 | 34,552 | 31,832 | 32,034 | 31,099 | — | — | — | — | — | — | — |
| Total debt | 40,323 | 39,203 | 34,781 | 35,522 | 33,326 | — | — | — | — | — | — | — |
| Total liabilities | 63,108 | 61,022 | 57,762 | 57,973 | 54,376 | 52,945 | 50,513 | 49,934 | 49,973 | 47,744 | 46,463 | 45,561 |
| Total equity (incl. minority) | 24,057 | 23,806 | 23,609 | 21,181 | 20,961 | 19,804 | 19,522 | 19,352 | 17,954 | 17,841 | 17,616 | 17,309 |
| Retained earnings | 9,607 | 9,391 | 9,207 | 8,995 | 8,813 | 8,706 | 8,553 | 8,406 | 8,039 | 8,042 | 7,858 | 7,739 |