Xcel Energy (XEL) Non-Current Deffered Revenue (2009 - 2026)
Xcel Energy (XEL) recorded Non-Current Deffered Revenue of $123 million in Q2 2026, down 6.8% from $132 million a year earlier and down 3.9% from the prior quarter.
Xcel Energy (XEL) Non-Current Deffered Revenue (2009 - 2026) Analysis & Trends
At the end of FY2025, Xcel Energy reported Non-Current Deffered Revenue of $129 million, down 11.6% from FY2024.
- Annual Non-Current Deffered Revenue has declined for six straight years, with a five-year compound annual growth rate of -8.1% (FY2020 to FY2025).
- Across earlier years, Non-Current Deffered Revenue came in at $146 million in FY2024 (-12.6%), $167 million in FY2023 (-7.7%), $181 million in FY2022 (-7.7%) and $196 million in FY2021 (-0.5%).
- The Q2 2026 figure is the lowest quarterly Non-Current Deffered Revenue since Q3 2019.
- On a year-over-year basis, Non-Current Deffered Revenue has declined for 23 consecutive quarters, with an average decline of 11.5% over the last eight quarters.
- Over the past five years, the year-over-year decline in Non-Current Deffered Revenue ranged from 0.5% (Q4 2021) to 15.6% (Q3 2025).
- Per Business Quant, the preceding three quarters came in at $128 million (Q1 2026), $129 million (Q4 2025) and $130 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | - |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | - |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 985.00 Mn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | - |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 1.50 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | - |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 183.07 Mn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 123.00 Mn |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 123.00 Mn |
| Mar 31, 2026 | 128.00 Mn |
| Dec 31, 2025 | 129.00 Mn |
| Sep 30, 2025 | 130.00 Mn |
| Jun 30, 2025 | 132.00 Mn |
| Mar 31, 2025 | 139.00 Mn |
| Dec 31, 2024 | 146.00 Mn |
| Sep 30, 2024 | 154.00 Mn |
| Jun 30, 2024 | 154.00 Mn |
| Mar 31, 2024 | 159.00 Mn |
| Dec 31, 2023 | 167.00 Mn |
| Sep 30, 2023 | 173.00 Mn |
| Jun 30, 2023 | 174.00 Mn |
| Mar 31, 2023 | 180.00 Mn |
| Dec 31, 2022 | 181.00 Mn |
| Sep 30, 2022 | 187.00 Mn |
| Jun 30, 2022 | 184.00 Mn |
| Mar 31, 2022 | 192.00 Mn |
| Dec 31, 2021 | 196.00 Mn |
| Sep 30, 2021 | 199.00 Mn |
Xcel Energy Non-Current Deffered Revenue 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=non-current-deffered-revenue&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deffered-revenue", "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=non-current-deffered-revenue&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();