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
DateValue
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