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Xcel Energy (XEL) Cost of Revenue (2016 - 2025)

Xcel Energy's Cost of Revenue history spans 16 years, with the latest figure at -$2.0 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 430.42% year-over-year to -$2.0 billion; the TTM value through Dec 2025 reached $11.0 million, down 99.42%, while the annual FY2025 figure was $11.0 million, 99.57% down from the prior year.
  • Cost of Revenue for Q4 2025 was -$2.0 billion at Xcel Energy, down from $1.4 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.5 billion in Q4 2022 and bottomed at -$2.0 billion in Q4 2025.
  • The 5-year median for Cost of Revenue is $11.5 million (2022), against an average of $223.8 million.
  • The largest YoY upside for Cost of Revenue was 45766.67% in 2025 against a maximum downside of 430.42% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at -$547.0 million in 2021, then soared by 549.54% to $2.5 billion in 2022, then tumbled by 99.51% to $12.0 million in 2023, then skyrocketed by 5050.0% to $618.0 million in 2024, then tumbled by 430.42% to -$2.0 billion in 2025.
  • Per Business Quant, the three most recent readings for XEL's Cost of Revenue are -$2.0 billion (Q4 2025), $1.4 billion (Q3 2025), and $675.0 million (Q2 2025).