Xcel Energy (XEL) Operating Income (2009 - 2026)
Xcel Energy's (XEL) quarterly Operating Income came in at $706.0 million in Q2 2026, up 22.36% year-over-year from $577.0 million in Q2 2025, and down 6.37% quarter-over-quarter from $754.0 million in Q1 2026.
Analysis
Xcel Energy (XEL) Operating Income (2009 - 2026) Analysis & Trends
Xcel Energy has disclosed Operating Income across 18 years of filings, most recently posting $706.0 million for Q2 2026.
- In Q2 2026, Operating Income rose 22.36% year-over-year to $706.0 million; the TTM figure through Jun 2026 stood at $2.8 billion (up 11.03% YoY), while the FY2025 annual figure was $2.6 billion, up 8.26% from the prior year.
- Operating Income came in at $706.0 million for Q2 2026 at Xcel Energy, down from $754.0 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.
- Average Operating Income over 5 years is $629.9 million, with a median of $578.5 million recorded in 2025.
- Year-over-year, Operating Income tumbled 39.65% in 2024 and jumped 67.15% in 2025.
- Over 5 years, Operating Income stood at $525.0 million in 2022, then gained by 9.52% to $575.0 million in 2023, then plunged by 39.65% to $347.0 million in 2024, then jumped by 67.15% to $580.0 million in 2025, then increased by 21.72% to $706.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $706.0 million in Q2 2026, $754.0 million in Q1 2026, and $580.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 290.50 Bn | 290.50 Bn | 890.00 Mn | 685.00 Mn |
| 2 | Dominion Energy | 55.93 Bn | 59.84 Bn | 3.50 Bn | 329.00 Mn |
| 3 | Xcel Energy | 45.14 Bn | 43.13 Bn | 3.12 Bn | 706.00 Mn |
| 4 | Wec Energy | 33.62 Bn | 33.98 Bn | 1.45 Bn | 432.80 Mn |
| 5 | Ameren | 28.30 Bn | 28.41 Bn | - | 459.00 Mn |
| 6 | Fortis | 27.45 Bn | 28.74 Bn | 1.60 Bn | 581.23 Mn |
| 7 | Firstenergy | 26.18 Bn | 27.48 Bn | 2.51 Bn | 677.00 Mn |
| 8 | Hydro One | 22.32 Bn | 21.93 Bn | - | 706.00 Mn |
| 9 | Edison International | 21.27 Bn | 21.03 Bn | 3.29 Bn | 1.09 Bn |
| 10 | Cms Energy | 20.49 Bn | 20.87 Bn | 3.65 Bn | 754.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 706.00 Mn |
| 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 |