Xcel Energy (XEL) financial statements

+46.2%since 2007
FY2025 revenue
$14.7B▲ +9.1%
FY2025 net income
$2.0B▲ +4.2%
FY2025 diluted EPS
$3.42▼ −0.6%
FY2025 free cash flow
−$6.8B

Xcel Energy income statement

Xcel Energy income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue14,66913,44114,206
Operating income2,5832,3862,481
Pretax income1,7731,5341,625
Net income2,0181,9361,771
Diluted earnings per share3.423.443.21

Xcel Energy balance sheet

Xcel Energy balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents274179129
Total assets81,37170,03564,079
Total liabilities (derived)57,76250,51346,463
Total equity23,60919,52217,616
Long-term debt31,83227,31624,913

Xcel Energy cash flow statement

Xcel Energy cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow4,0834,6415,327
Capital expenditure-10,908-7,364-5,854
Free cash flow (derived)-6,825-2,723-527
Dividends paid-1,282-1,175-1,092

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)4,1723,1194,0213,561
Operating income (derived)1,191706754580
Net income (derived)960586556567
Diluted earnings per share1.520.930.89n/a
Operating cash flow (derived)2,0711,1001,697209
Total assets90,71787,16584,82881,371

Xcel Energy major shareholders

Xcel Energy major shareholders
HolderShare of classSharesFiled
Vanguard Capital Management7.3%45,753,79429 April 2026
Vanguard Portfolio Management5.6%34,848,11529 April 2026

Xcel Energy 10-K and SEC filings

Xcel Energy 10-K and SEC filings
FiledFormTypeDescription
5 November 20268-KCurrent reportCurrent report
3 November 20268-KCurrent reportCurrent report
2 November 20268-KCurrent reportCurrent report
30 October 20268-KCurrent reportCurrent report
29 October 202610-QQuarterly reportQuarterly report
28 October 20268-KCurrent reportCurrent report
9 October 20268-KCurrent reportCurrent report
20 August 20268-KCurrent reportCurrent report

Common questions

What was Xcel Energy's revenue in fiscal 2025?

Xcel Energy reported $14.7 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 9.1% from fiscal 2024.

What was Xcel Energy's net income in fiscal 2025?

Xcel Energy reported net income of $2.0 billion for fiscal 2025, the year ended 31 December 2025, up 4.2% from fiscal 2024. Diluted earnings per share were $3.42.

What was Xcel Energy's free cash flow in fiscal 2025?

Xcel Energy had negative free cash flow of $6.8 billion in fiscal 2025. Operating cash flow was $4.1 billion and capital expenditure was $10.9 billion.

What were Xcel Energy's total assets at the end of fiscal 2025?

Xcel Energy reported total assets of $81.4 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Xcel Energy history do I get?

Every account gets the full history, annual and quarterly, with first reported values and as of dates.