Xcel Energy Q1 FY26: where the revenue came from and where it went
The whole income statement of Xcel Energy for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 30, 2026
Revenue$4.02B
+3% year over year
Operating profit$0.51B
13% margin
Net profit$0.56B
14% margin
Net profit is larger than what operations earned, because the statement adds $0.05B below it, under Tax benefit.
The numbers
| 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 |
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