Skip to content

FINHUB Insights

EN

Sign in Sign up

Xcel Energy

XEL Utilities Market cap $46.3B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 30, 2026

Revenue$3.12B −5% year over year

Operating profit$0.53B 17% margin

Net profit$0.59B 19% margin

Net profit is larger than what operations earned, because the statement adds $0.06B below it, under Tax benefit.

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	3.12	100%	−5%
Product	2.79	89%
Transmission services	0.19	6%
Wholesale distribution	0.09	3%
Other services	0.06	2%
Operating expenses	−2.59	83%
Interest	−0.44	14%
Other	−2.15	69%
Operating profit	0.53	17% margin	+5pp
Tax benefit	0.06
Net profit	0.59	19% margin	+5pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.02	100%	+3%
Product	3.75	93%
Wholesale distribution	0.22	5%
Other services	0.06	2%
Operating expenses	−3.51	87%
D&A	−0.77	19%	+0pp
Interest	−0.41	10%	+0pp
Other	−2.33	58%	+0pp
Operating profit	0.51	13% margin	+2pp
Tax benefit	0.05
Net profit	0.56	14% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.56	100%	+14%
Regulated electric	2.81	79%	+17%
Regulated natural gas	0.74	21%	+6%
All other	0.02	0%	+0%
Operating expenses	−3.13	88%
Interest	−0.40	11%	+0pp
Other	−2.72	77%	+0pp
Operating profit	0.44	12% margin	+7pp
Tax benefit	0.13
Net profit	0.57	16% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.92	100%	+7%
Product	3.73	95%
Transmission services	0.20	5%
Other and unallocated	−0.02	0%
Operating expenses	−3.38	86%
Interest	−0.38	10%	+0pp
Other	−3.00	76%	+0pp
Operating profit	0.53	14% margin	−5pp
Tax	−0.01
Net profit	0.52	13% margin	−5pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.29	100%	+9%
Product	3.11	95%
Transmission services	0.17	5%
Operating expenses	−2.90	88%
Interest	−0.35	10%	+0pp
Other	−2.55	78%	+0pp
Operating profit	0.38	12% margin	+5pp
Tax benefit	0.06
Net profit	0.44	14% margin	+4pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

The balance sheet, capital flow, debt schedule and capital structure open with a free account.

Quarter by quarter

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 30, 2026 Operating margin 17% Net profit $0.59B	Apr 1 – Jun 30, 2026	Jul 30, 2026	$3.1B	−5%	17%	$0.59B	19%
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 30, 2026 Operating margin 13% Net profit $0.56B	Jan 1 – Mar 31, 2026	Apr 30, 2026	$4.0B	+3%	13%	$0.56B	14%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 25, 2026 Operating margin 12% Net profit $0.57B	Oct 1 – Dec 31, 2025	Feb 25, 2026	$3.6B	+14%	12%	$0.57B	16%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 30, 2025 Operating margin 14% Net profit $0.52B	Jul 1 – Sep 30, 2025	Oct 30, 2025	$3.9B	+7%	14%	$0.52B	13%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 31, 2025 Operating margin 12% Net profit $0.44B	Apr 1 – Jun 30, 2025	Jul 31, 2025	$3.3B	+9%	12%	$0.44B	14%