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XCEL ENERGY INC

XCEL ENERGY INCXELLLEarnings & Financial Report

Nasdaq · public utility

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

XELLL Q3 2025 Key Financial Metrics

Revenue

$3.9B

Gross Profit

N/A

Operating Profit

$749.0M

Net Profit

$524.0M

Gross Margin

N/A

Operating Margin

19.1%

Net Margin

13.4%

YoY Growth

7.4%

EPS

$0.88

Financial Flow

XCEL ENERGY INC Q3 2025 Financial Summary

XCEL ENERGY INC reported revenue of $3.9B for Q3 2025, with a net profit of $524.0M (13.4% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$3.9B
Net Profit$524.0M
Gross MarginN/A
Operating Margin19.1%
Report PeriodQ3 2025

XCEL ENERGY INC Annual Revenue by Year

XCEL ENERGY INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $13.4B).

YearAnnual Revenue
2024$13.4B
2023$14.2B
2022$15.3B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$3.44B$3.65B$3.03B$3.64B$3.12B$3.91B$3.29B$3.92B
YoY Growth-15.1%-10.6%0.2%-0.5%-9.4%7.0%8.6%7.4%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$64.08B$65.58B$67.93B$69.29B$70.03B$72.75B$75.34B$79.15B
LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Equity$17.62B$17.84B$17.95B$19.35B$19.52B$19.80B$20.96B$21.18B

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$974.0M$1.05B$1.19B$1.74B$664.0M$1.03B$1.08B$1.76B