Xcel Energy (XEL) Net Income (2009 - 2026)
Xcel Energy's Net Income came in at $586 million for Q2 2026, up 32.0% from $444 million a year earlier and up 5.4% from the prior quarter.
Xcel Energy (XEL) Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xcel Energy reported Net Income of $2.23 billion, up 7.7% year-over-year; for FY2025, it was $2.02 billion, up 4.2% from FY2024.
- Net Income has increased in each of the last ten years, with a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- Going back by year, Net Income was $1.94 billion in FY2024 (+9.3%), $1.77 billion in FY2023 (+2.0%), $1.74 billion in FY2022 (+8.7%) and $1.6 billion in FY2021 (+8.4%).
- The Q2 2026 figure represents the highest quarterly Net Income since Q3 2024.
- Year-over-year, Net Income has increased for three consecutive quarters, with growth averaging 13.7% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q2 2025 (growth of 47.0%), and the weakest in Q3 2025 (a decline of 23.2%).
- Business Quant data shows XEL's Net Income at $556 million (Q1 2026), $567 million (Q4 2025) and $524 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Xcel Energy Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "XEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();