Xcel Energy financials
$70.69+1.87%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.12B | $4.02B | $3.56B | $3.92B | $3.29B | $3.91B | $3.12B | $3.64B | $3.03B | $3.65B | $3.44B | $3.66B |
| Gross profit | $2.35B | $2.48B | $2.30B | $2.75B | $2.23B | $2.37B | $1.91B | $2.52B | $2.05B | $2.21B | $2.11B | $2.40B |
| Gross margin | 75.3% | 61.7% | 64.6% | 70.3% | 68.0% | 60.7% | 61.1% | 69.1% | 67.8% | 60.6% | 61.2% | 65.5% |
| Operating income | $706.0M | $754.0M | $580.0M | $749.0M | $577.0M | $677.0M | $347.0M | $911.0M | $449.0M | $679.0M | $575.0M | $915.0M |
| Net income | $586.0M | $556.0M | $567.0M | $524.0M | $444.0M | $483.0M | $464.0M | $682.0M | $302.0M | $488.0M | $409.0M | $656.0M |
| Net margin | 18.8% | 13.8% | 15.9% | 13.4% | 13.5% | 12.4% | 14.9% | 18.7% | 10.0% | 13.4% | 11.9% | 17.9% |
| Diluted EPS | $0.93 | $0.89 | $0.95 | $0.88 | $0.75 | $0.84 | $0.81 | $1.21 | $0.54 | $0.88 | $0.74 | $1.19 |
| EBITDA | $1.37B | $1.50B | $1.25B | $1.82B | $1.30B | $1.41B | $976.0M | $1.63B | $1.19B | $1.36B | $576.0M | $1.60B |
| Operating cash flow | $1.10B | $1.70B | $209.0M | $1.76B | $1.08B | $1.03B | $664.0M | $1.74B | $1.19B | $1.05B | $974.0M | $1.90B |
| Free cash flow | -$1.85B | -$1.32B | -$3.23B | -$1.29B | -$1.35B | -$960.0M | -$1.55B | -$42.0M | -$641.0M | -$487.0M | -$640.0M | $257.0M |
| Diluted shares | 627.0M | 626.0M | 596.0M | 595.0M | 588.0M | 577.0M | 574.0M | 565.0M | 557.0M | 556.0M | 553.0M | 552.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.01B | $1.76B | $274.0M | $1.05B | $1.45B | $1.12B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $41.13B | $38.75B | $35.48B | $35.05B | $32.49B | $31.55B |
| Total assets | $87.17B | $84.83B | $81.37B | $79.15B | $75.34B | $72.75B |
| Total liabilities | $63.11B | $61.02B | $57.76B | $57.97B | $54.38B | $52.95B |
| Shareholders' equity | $24.06B | $23.81B | $23.61B | $21.18B | $20.96B | $19.80B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology