Xcel Energy (XEL) Deferred Taxes (2009 - 2026)

Xcel Energy has disclosed Deferred Taxes across 18 years of filings, most recently posting -$23.0 million for Q2 2026.

• In Q2 2026, Deferred Taxes fell 108.55% year-over-year to -$23.0 million; the TTM figure through Jun 2026 stood at $104.0 million (down 53.15% YoY), while the FY2025 annual figure was $414.0 million, up 84.0% from the prior year.
• Deferred Taxes came in at -$23.0 million for Q2 2026 at Xcel Energy, down from -$5.0 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $269.0 million in Q2 2025 to a low of -$181.0 million in Q4 2024.
• Average Deferred Taxes over 5 years is $22.9 million, with a median of $16.0 million recorded in 2023.
• The largest YoY upside for Deferred Taxes was 536.84% in 2024 against a maximum downside of 258.77% in 2024.
• Over 5 years, Deferred Taxes stood at -$55.0 million in 2022, then surged by 307.27% to $114.0 million in 2023, then slumped by 258.77% to -$181.0 million in 2024, then soared by 110.5% to $19.0 million in 2025, then tumbled by 221.05% to -$23.0 million in 2026.
• Per Business Quant data, the three most recent Deferred Taxes figures were -$23.0 million in Q2 2026, -$5.0 million in Q1 2026, and $19.0 million in Q4 2025.