Growth Metrics

Xcel Energy (XEL) Operating Income (2016 - 2025)

Xcel Energy's Operating Income history spans 16 years, with the latest figure at $580.0 million for Q4 2025.

  • For Q4 2025, Operating Income rose 67.15% year-over-year to $580.0 million; the TTM value through Dec 2025 reached $2.6 billion, up 8.26%, while the annual FY2025 figure was $2.6 billion, 8.26% up from the prior year.
  • Operating Income for Q4 2025 was $580.0 million at Xcel Energy, down from $749.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $924.0 million in Q3 2022 and bottomed at $347.0 million in Q4 2024.
  • The 5-year median for Operating Income is $574.0 million (2023), against an average of $602.9 million.
  • The largest annual shift saw Operating Income tumbled 39.65% in 2024 before it skyrocketed 67.15% in 2025.
  • A 5-year view of Operating Income shows it stood at $426.0 million in 2021, then grew by 23.24% to $525.0 million in 2022, then increased by 9.52% to $575.0 million in 2023, then crashed by 39.65% to $347.0 million in 2024, then surged by 67.15% to $580.0 million in 2025.
  • Per Business Quant, the three most recent readings for XEL's Operating Income are $580.0 million (Q4 2025), $749.0 million (Q3 2025), and $577.0 million (Q2 2025).