Xcel Energy (XEL) Operating Income (2009 - 2026)
Xcel Energy (XEL) reported Operating Income of $754.0 million for Q1 2026, up 11.37% on a YoY basis from $677.0 million in Q1 2025, and up 30.0% sequentially from $580.0 million in Q4 2025.
Xcel Energy (XEL) Operating Income (2009 - 2026) Analysis & Trends
Xcel Energy (XEL) has 18 years of Operating Income data on file, last reported at $754.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 11.37% year-over-year to $754.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.7 billion (up 11.58% YoY), and the FY2025 full-year result was $2.6 billion, up 8.26% from the prior year.
- Operating Income advanced to $754.0 million in Q1 2026, from $580.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $924.0 million in Q3 2022 to a low of $347.0 million in Q4 2024.
- A 5-year average of $625.4 million and a median of $577.0 million in 2025 frame the typical range for Operating Income.
- Across the five-year window, Operating Income slumped 39.65% in 2024 and soared 67.15% in 2025, its largest moves.
- Tracing XEL's Operating Income over 5 years: stood at $525.0 million in 2022, then rose by 9.52% to $575.0 million in 2023, then tumbled by 39.65% to $347.0 million in 2024, then soared by 67.15% to $580.0 million in 2025, then advanced by 30.0% to $754.0 million in 2026.
- Business Quant data shows XEL's Operating Income at $754.0 million in Q1 2026, $580.0 million in Q4 2025, and $749.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 1.08 Bn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 1.39 Bn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 754.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 980.00 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 532.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 2.75 Bn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 828.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 490.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 754.00 Mn |
| Dec 31, 2025 | 580.00 Mn |
| Sep 30, 2025 | 749.00 Mn |
| Jun 30, 2025 | 577.00 Mn |
| Mar 31, 2025 | 677.00 Mn |
| Dec 31, 2024 | 347.00 Mn |
| Sep 30, 2024 | 911.00 Mn |
| Jun 30, 2024 | 449.00 Mn |
| Mar 31, 2024 | 679.00 Mn |
| Dec 31, 2023 | 575.00 Mn |
| Sep 30, 2023 | 915.00 Mn |
| Jun 30, 2023 | 418.00 Mn |
| Mar 31, 2023 | 573.00 Mn |
| Dec 31, 2022 | 525.00 Mn |
| Sep 30, 2022 | 924.00 Mn |
| Jun 30, 2022 | 469.00 Mn |
| Mar 31, 2022 | 510.00 Mn |
| Dec 31, 2021 | 426.00 Mn |
| Sep 30, 2021 | 825.00 Mn |
| Jun 30, 2021 | 438.00 Mn |