Xcel Energy annual revenue
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Xcel Energy Revenue Growth & History (XEL)
Xcel Energy reported $14.67B in revenue for fiscal 2025, an increase of 9.14% from the previous fiscal year.
View full Xcel Energy company overviewXcel Energy annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $14.67B | $1.23B | +9.14% |
| 2024 | 2024-12-31 | $13.44B | −$765.0M | −5.39% |
| 2023 | 2023-12-31 | $14.21B | −$1.10B | −7.21% |
| 2022 | 2022-12-31 | $15.31B | $1.88B | +13.99% |
| 2021 | 2021-12-31 | $13.43B | $1.91B | +16.53% |
| 2020 | 2020-12-31 | $11.53B | −$3.0M | −0.03% |
| 2019 | 2019-12-31 | $11.53B | −$8.0M | −0.07% |
| 2018 | 2018-12-31 | $11.54B | $133.0M | +1.17% |
| 2017 | 2017-12-31 | $11.40B | $297.0M | +2.67% |
| 2016 | 2016-12-31 | $11.11B | $83.0M | +0.75% |
| 2015 | 2015-12-31 | $11.02B | −$662.1M | −5.67% |
| 2014 | 2014-12-31 | $11.69B | $771.2M | +7.07% |
| 2013 | 2013-12-31 | $10.91B | $786.7M | +7.77% |
| 2012 | 2012-12-31 | $10.13B | −$526.5M | −4.94% |
| 2011 | 2011-12-31 | $10.65B | $343.8M | +3.33% |
| 2010 | 2010-12-31 | $10.31B | $666.6M | +6.91% |
| 2009 | 2009-12-31 | $9.64B | −$1.56B | −13.91% |
| 2008 | 2008-12-31 | $11.20B | $1.17B | +11.65% |
| 2007 | 2007-12-31 | $10.03B | — | — |
Xcel Energy quarterly revenue
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| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.12B | −$168.0M | −5.11% |
| Q1 2026 | 2026-03-31 | $4.02B | $115.0M | +2.94% |
| Q4 2025 | 2025-12-31 | $3.56B | $441.0M | +14.13% |
| Q3 2025 | 2025-09-30 | $3.92B | $271.0M | +7.44% |
| Q2 2025 | 2025-06-30 | $3.29B | $259.0M | +8.55% |
| Q1 2025 | 2025-03-31 | $3.91B | $257.0M | +7.04% |
| Q4 2024 | 2024-12-31 | $3.12B | −$322.0M | −9.36% |
| Q3 2024 | 2024-09-30 | $3.64B | −$18.0M | −0.49% |
| Q2 2024 | 2024-06-30 | $3.03B | $6.0M | +0.20% |
| Q1 2024 | 2024-03-31 | $3.65B | −$431.0M | −10.56% |
| Q4 2023 | 2023-12-31 | $3.44B | −$611.0M | −15.08% |
| Q3 2023 | 2023-09-30 | $3.66B | −$420.0M | −10.29% |
| Q2 2023 | 2023-06-30 | $3.02B | −$402.0M | −11.74% |
| Q1 2023 | 2023-03-31 | $4.08B | $329.0M | +8.77% |
| Q4 2022 | 2022-12-31 | $4.05B | $1.11B | +37.53% |
| Q3 2022 | 2022-09-30 | $4.08B | $615.0M | +17.74% |
| Q2 2022 | 2022-06-30 | $3.42B | $356.0M | +11.60% |
| Q1 2022 | 2022-03-31 | $3.75B | $210.0M | +5.93% |
| Q4 2021 | 2021-12-31 | $2.95B | $0 | 0.00% |
| Q3 2021 | 2021-09-30 | $3.47B | $285.0M | +8.96% |
| Q2 2021 | 2021-06-30 | $3.07B | $482.0M | +18.64% |
| Q1 2021 | 2021-03-31 | $3.54B | $730.0M | +25.97% |
| Q4 2020 | 2020-12-31 | $2.95B | $149.0M | +5.33% |
| Q3 2020 | 2020-09-30 | $3.18B | $169.0M | +5.61% |
| Q2 2020 | 2020-06-30 | $2.59B | $9.0M | +0.35% |
| Q1 2020 | 2020-03-31 | $2.81B | −$330.0M | −10.51% |
| Q4 2019 | 2019-12-31 | $2.80B | −$82.0M | −2.85% |
| Q3 2019 | 2019-09-30 | $3.01B | −$35.0M | −1.15% |
| Q2 2019 | 2019-06-30 | $2.58B | $32.0M | +1.26% |
| Q1 2019 | 2019-03-31 | $3.14B | $190.0M | +6.44% |
| Q4 2018 | 2018-12-31 | $2.88B | $84.0M | +3.00% |
| Q3 2018 | 2018-09-30 | $3.05B | $31.0M | +1.03% |
| Q2 2018 | 2018-06-30 | $2.54B | $5.0M | +0.20% |
| Q1 2018 | 2018-03-31 | $2.95B | $147.0M | +5.24% |
| Q4 2017 | 2017-12-31 | $2.80B | $1.0M | +0.04% |
| Q3 2017 | 2017-09-30 | $3.02B | −$23.0M | −0.76% |
| Q2 2017 | 2017-06-30 | $2.54B | $40.0M | +1.60% |
| Q1 2017 | 2017-03-31 | $2.80B | $32.0M | +1.15% |
| Q4 2016 | 2016-12-31 | $2.79B | $149.2M | +5.64% |
| Q3 2016 | 2016-09-30 | $3.04B | $138.7M | +4.78% |
| Q2 2016 | 2016-06-30 | $2.50B | −$15.1M | −0.60% |
| Q1 2016 | 2016-03-31 | $2.77B | −$190.2M | −6.42% |
| Q4 2015 | 2015-12-31 | $2.65B | −$282.8M | −9.66% |
| Q3 2015 | 2015-09-30 | $2.90B | $31.5M | +1.10% |
| Q2 2015 | 2015-06-30 | $2.52B | −$170.0M | −6.33% |
| Q1 2015 | 2015-03-31 | $2.96B | −$240.4M | −7.51% |
| Q4 2014 | 2014-12-31 | $2.93B | $197.8M | +7.24% |
| Q3 2014 | 2014-09-30 | $2.87B | $47.5M | +1.68% |
| Q2 2014 | 2014-06-30 | $2.69B | $106.2M | +4.12% |
| Q1 2014 | 2014-03-31 | $3.20B | $419.8M | +15.08% |
| Q4 2013 | 2013-12-31 | $2.73B | $179.7M | +7.04% |
| Q3 2013 | 2013-09-30 | $2.82B | $98.0M | +3.60% |
| Q2 2013 | 2013-06-30 | $2.58B | $304.2M | +13.38% |
| Q1 2013 | 2013-03-31 | $2.78B | $204.8M | +7.94% |
| Q4 2012 | 2012-12-31 | $2.55B | −$17.3M | −0.67% |
| Q3 2012 | 2012-09-30 | $2.72B | −$107.3M | −3.79% |
| Q2 2012 | 2012-06-30 | $2.27B | −$163.6M | −6.71% |
| Q1 2012 | 2012-03-31 | $2.58B | −$238.5M | −8.47% |
| Q4 2011 | 2011-12-31 | $2.57B | $1.5M | +0.06% |
| Q3 2011 | 2011-09-30 | $2.83B | $202.8M | +7.72% |
| Q2 2011 | 2011-06-30 | $2.44B | $130.5M | +5.65% |
| Q1 2011 | 2011-03-31 | $2.82B | $9.1M | +0.32% |
| Q4 2010 | 2010-12-31 | $2.57B | −$51.2M | −1.95% |
| Q3 2010 | 2010-09-30 | $2.63B | $314.2M | +13.58% |
| Q2 2010 | 2010-06-30 | $2.31B | $291.7M | +14.47% |
| Q1 2010 | 2010-03-31 | $2.81B | $111.9M | +4.15% |
| Q4 2009 | 2009-12-31 | $2.62B | — | — |
| Q3 2009 | 2009-09-30 | $2.31B | −$537.1M | −18.84% |
| Q2 2009 | 2009-06-30 | $2.02B | −$599.4M | −22.92% |
| Q1 2009 | 2009-03-31 | $2.70B | — | — |
| Q3 2008 | 2008-09-30 | $2.85B | — | — |
| Q2 2008 | 2008-06-30 | $2.62B | — | — |
Xcel Energy revenue growth trends
Over the last five reported fiscal years, revenue grew from $11.53B to $14.67B, a compound annual growth rate of 4.94%. Xcel Energy's latest reported quarter, Q2 2026, generated $3.12B in revenue, a decrease of 5.11% year over year.
About the data
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Financial data
Standardized company financials
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