Xcel Energy (XEL) Revenue (2009 - 2026)
Xcel Energy's Revenue came in at $3.12 billion for Q2 2026, down 5.1% from $3.29 billion a year earlier and down 22.4% from the prior quarter.
Xcel Energy (XEL) Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xcel Energy reported Revenue of $14.62 billion, up 4.7% year-over-year; for FY2025, it was $14.67 billion, up 9.1% from FY2024.
- Revenue carries a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Going back by year, Revenue was $13.44 billion in FY2024 (-5.4%), $14.21 billion in FY2023 (-7.2%), $15.31 billion in FY2022 (+14.0%) and $13.43 billion in FY2021 (+16.5%).
- The Q2 2026 figure represents the lowest quarterly Revenue since Q2 2024.
- Year-over-year, Revenue increased in five of the last eight quarters, with growth averaging 3.1%.
- The fastest year-over-year change in Revenue over five years came in Q4 2022 (growth of 37.5%), and the weakest in Q4 2023 (a decline of 15.1%).
- Business Quant data shows XEL's Revenue at $4.02 billion (Q1 2026), $3.56 billion (Q4 2025) and $3.92 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 2.27 Bn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 4.48 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 3.12 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 2.06 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 2.09 Bn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 2.12 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 879.06 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 1.36 Bn |
| 10 | Dte Energy | 25.35 Bn | 24.83 Bn | - | 3.37 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.12 Bn |
| Mar 31, 2026 | 4.02 Bn |
| Dec 31, 2025 | 3.56 Bn |
| Sep 30, 2025 | 3.92 Bn |
| Jun 30, 2025 | 3.29 Bn |
| Mar 31, 2025 | 3.91 Bn |
| Dec 31, 2024 | 3.12 Bn |
| Sep 30, 2024 | 3.64 Bn |
| Jun 30, 2024 | 3.03 Bn |
| Mar 31, 2024 | 3.65 Bn |
| Dec 31, 2023 | 3.44 Bn |
| Sep 30, 2023 | 3.66 Bn |
| Jun 30, 2023 | 3.02 Bn |
| Mar 31, 2023 | 4.08 Bn |
| Dec 31, 2022 | 4.05 Bn |
| Sep 30, 2022 | 4.08 Bn |
| Jun 30, 2022 | 3.42 Bn |
| Mar 31, 2022 | 3.75 Bn |
| Dec 31, 2021 | 2.95 Bn |
| Sep 30, 2021 | 3.47 Bn |
Xcel Energy 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=revenue&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=revenue&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();