Xcel Energy (XEL) Total Revenue (2009 - 2026)
Xcel Energy's Revenue came in at $4.17 billion for Q3 2026, up 6.6% from $3.92 billion a year earlier and up 33.8% from the prior quarter.
Xcel Energy (XEL) Total Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Xcel Energy reported Revenue of $14.87 billion, up 4.5% 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 Q3 2026 figure represents the highest quarterly Revenue in data going back to Q1 2009.
- Year-over-year, Revenue increased in six of the last eight quarters, with growth averaging 4.0%.
- 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 $3.12 billion (Q2 2026), $4.02 billion (Q1 2026) and $3.56 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.17 Bn |
| 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 |
Xcel Energy Total 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=total-revenue&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-revenue&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();