Xcel Energy Inc. (XEL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 4.02B | 3.56B | 3.92B | 3.29B | 3.91B | 3.12B | 3.64B | 3.03B | 3.65B | 3.44B | 3.66B | 3.02B | 4.08B | 4.05B | 4.08B | 3.42B | 3.75B | 3.35B | 3.47B | 3.07B |
| Revenue Growth % | 2.94% | 14.13% | 7.44% | 8.55% | 7.04% | -9.35% | -0.49% | 0.2% | -10.56% | -15.08% | -10.29% | -11.74% | 8.77% | 20.8% | 17.74% | 11.6% | 5.93% | 13.84% | 8.96% | 18.64% |
| Cost of Revenue | 3.11B | 5.3B | 1.86B | 1.73B | 2.22B | 1.83B | 1.78B | 1.64B | 2.04B | 1.91B | 1.85B | 1.84B | 2.62B | 2.69B | 2.29B | 2.06B | 2.42B | 2.15B | 1.88B | 1.87B |
| Gross Profit | 915M | -1.74B | 2.06B | 1.56B | 1.69B | 1.29B | 1.86B | 1.39B | 1.6B | 1.53B | 1.81B | 1.18B | 1.46B | 1.37B | 1.79B | 1.37B | 1.33B | 1.21B | 1.59B | 1.19B |
| Gross Margin % | 22.76% | -48.81% | 52.59% | 47.43% | 43.14% | 41.28% | 51.13% | 45.97% | 43.98% | 44.39% | 49.45% | 39.15% | 35.71% | 33.75% | 43.85% | 39.92% | 35.59% | 36.01% | 45.92% | 38.92% |
| Gross Profit Growth % | -45.7% | -234.94% | 10.52% | 12% | 4.98% | -15.71% | 2.87% | 17.67% | 10.16% | 11.7% | 1.17% | -13.46% | 9.14% | 13.25% | 12.44% | 14.49% | 5.62% | 4.41% | 2.25% | 7.66% |
| Operating Expenses | 183M | -2.61B | 1.31B | 982M | 1.01B | 941M | 952M | 943M | 926M | 953M | 896M | 765M | 884M | 843M | 866M | 898M | 825M | 775M | 767M | 756M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 1.5B | 1.53B | 1.54B | 1.33B | 1.44B | 1.08B | 1.63B | 1.19B | 1.36B | 1.23B | 1.57B | 1.01B | 1.23B | 1.17B | 1.56B | 1.14B | 1.11B | 1.01B | 1.41B | 990M |
| EBITDA Margin % | 37.3% | 42.85% | 39.23% | 40.46% | 36.87% | 34.68% | 44.68% | 39.23% | 37.35% | 35.85% | 42.82% | 33.52% | 30.22% | 28.79% | 38.34% | 33.38% | 29.51% | 30.01% | 40.64% | 32.27% |
| EBITDA Growth % | 4.17% | 41.04% | -5.65% | 11.95% | 5.65% | -12.32% | 3.83% | 17.28% | 10.54% | 5.74% | 0.19% | -11.37% | 11.38% | 15.89% | 11.07% | 15.45% | 5.03% | 5.45% | 3.68% | 6.45% |
| Depreciation & Amortization | 768M | 650M | 787M | 753M | 763M | 735M | 717M | 739M | 684M | 659M | 653M | 595M | 660M | 642M | 641M | 674M | 597M | 574M | 584M | 552M |
| D&A / Revenue % | 19.1% | 18.25% | 20.1% | 22.91% | 19.53% | 23.56% | 19.68% | 24.41% | 18.74% | 19.15% | 17.83% | 19.69% | 16.18% | 15.84% | 15.7% | 19.68% | 15.92% | 17.11% | 16.84% | 17.99% |
| Operating Income (EBIT) | 732M | 876M | 749M | 577M | 677M | 347M | 911M | 449M | 679M | 575M | 915M | 418M | 573M | 525M | 924M | 469M | 510M | 433M | 825M | 438M |
| Operating Margin % | 18.2% | 24.6% | 19.13% | 17.55% | 17.33% | 11.12% | 25% | 14.83% | 18.61% | 16.71% | 24.99% | 13.83% | 14.04% | 12.95% | 22.64% | 13.7% | 13.6% | 12.91% | 23.8% | 14.28% |
| Operating Income Growth % | 8.12% | 152.45% | -17.78% | 28.51% | -0.29% | -39.65% | -0.44% | 7.42% | 18.5% | 9.52% | -0.97% | -10.87% | 12.35% | 21.25% | 12% | 7.08% | 0.59% | 1.64% | 1.48% | 3.79% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 1.97x | 2.23x | 2.53x | 2.13x | 2.37x | 1.56x | 3.27x | 1.71x | 2.66x | 2.41x | 3.73x | 1.78x | 2.50x | 2.30x | 3.89x | 2.06x | 2.58x | 2.13x | 4.20x | 2.33x |
| Interest / Revenue % | 0.02% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 509M | 435M | 532M | 384M | 422M | 167M | 692M | 214M | 461M | 364M | 696M | 200M | 365M | 324M | 693M | 254M | 330M | 262M | 652M | 273M |
| Pretax Margin % | 12.66% | 12.22% | 13.59% | 11.68% | 10.8% | 5.35% | 18.99% | 7.07% | 12.63% | 10.58% | 19.01% | 6.62% | 8.95% | 7.99% | 16.98% | 7.42% | 8.8% | 7.81% | 18.81% | 8.9% |
| Income Tax | -47M | -132M | 8M | -60M | -61M | -297M | 10M | -88M | -27M | -45M | 40M | -88M | -53M | -55M | 44M | -74M | -50M | -53M | 43M | -38M |
| Effective Tax Rate % | -9.23% | -30.34% | 1.5% | -15.63% | -14.45% | -177.84% | 1.45% | -41.12% | -5.86% | -12.36% | 5.75% | -44% | -14.52% | -16.98% | 6.35% | -29.13% | -15.15% | -20.23% | 6.6% | -13.92% |
| Net Income | 556M | 567M | 524M | 444M | 483M | 464M | 682M | 302M | 488M | 409M | 656M | 288M | 418M | 379M | 649M | 328M | 380M | 315M | 609M | 311M |
| Net Margin % | 13.83% | 15.92% | 13.38% | 13.51% | 12.37% | 14.87% | 18.72% | 9.97% | 13.37% | 11.88% | 17.91% | 9.53% | 10.25% | 9.35% | 15.9% | 9.58% | 10.13% | 9.39% | 17.57% | 10.14% |
| Net Income Growth % | 15.11% | 22.2% | -23.17% | 47.02% | -1.02% | 13.45% | 3.96% | 4.86% | 16.75% | 7.92% | 1.08% | -12.2% | 10% | 20.32% | 6.57% | 5.47% | 4.97% | 9.38% | 1% | 8.36% |
| EPS (Diluted) | 0.89 | 0.95 | 0.90 | 0.76 | 0.84 | 0.81 | 1.21 | 0.54 | 0.88 | 0.74 | 1.19 | 0.52 | 0.76 | 0.69 | 1.18 | 0.60 | 0.70 | 0.58 | 1.13 | 0.58 |
| EPS Growth % | 5.95% | 17.28% | -25.62% | 40.74% | -4.55% | 9.46% | 1.68% | 3.85% | 15.79% | 7.25% | 0.85% | -13.33% | 8.57% | 18.97% | 4.42% | 3.45% | 4.48% | 7.41% | -0.88% | 7.41% |
| EPS (Basic) | 0.89 | 0.95 | 0.90 | 0.76 | 0.84 | 0.81 | 1.21 | 0.54 | 0.88 | 0.74 | 1.19 | 0.52 | 0.76 | 0.69 | 1.19 | 0.60 | 0.70 | 0.58 | 1.13 | 0.58 |
| Diluted Shares Outstanding | 626M | 597M | 582M | 582M | 577M | 576M | 565M | 557M | 556M | 554M | 552M | 552M | 551M | 549M | 548M | 546M | 545M | 542M | 539M | 539M |