# Xcel Energy Inc: overview

XEL · Nasdaq · CIK 72903 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/xel.md) · [Financials](/companies/xel/financials.md) · [Filings](/companies/xel/filings.md) · [Insiders](/companies/xel/insiders.md)

Latest reported revenue: [$3.01bn](/filings/0000072903-19-000074.md) for Q3 FY2019, three months to 2019-09-30, from the 10-Q filed Oct 25, 2019 (XBRL us-gaap:Revenues, accession 0000072903-19-000074).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [1.21](/filings/0000072903-25-000257.md) | not reported | [0.84](/filings/0000072903-26-000073.md) | [0.75](/filings/0000072903-26-000154.md) | [0.88](/filings/0000072903-25-000257.md) | not reported | [0.89](/filings/0000072903-26-000073.md) | [0.93](/filings/0000072903-26-000154.md) |
| Free cash flow | $m | [(42.0) d](/filings/0000072903-25-000257.md) | [(1,553) d](/filings/0000072903-26-000009.md) | [(960)](/filings/0000072903-26-000073.md) | [(1,346) d](/filings/0000072903-26-000154.md) | [(1,290) d](/filings/0000072903-25-000257.md) | [(3,229) d](/filings/0000072903-26-000009.md) | [(1,325)](/filings/0000072903-26-000073.md) | [(1,848) d](/filings/0000072903-26-000154.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [2.96](/filings/0000072903-24-000034.md) | [3.17](/filings/0000072903-25-000029.md) | [3.21](/filings/0000072903-26-000009.md) | [3.44](/filings/0000072903-26-000009.md) | [3.42](/filings/0000072903-26-000009.md) |
| Free cash flow | $m | [(2,055)](/filings/0000072903-24-000034.md) | [(706)](/filings/0000072903-25-000029.md) | [(527)](/filings/0000072903-26-000009.md) | [(2,723)](/filings/0000072903-26-000009.md) | [(6,825)](/filings/0000072903-26-000009.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/xel/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $4.89bn | 60,898,333 |  | Added +6,986,926 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $3.27bn | 40,769,716 |  | Added +1,280,554 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $3.15bn | 38,896,012 |  | Added +1,770,356 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $2.86bn | 35,610,992 |  | Added +834,517 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $2.40bn | 29,933,748 |  | Added +491,937 |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $2.35bn | 29,301,965 |  | Added +2,043,441 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $1.78bn | 21,741,661 |  | Reduced −6,957,306 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $1.72bn | 21,381,193 |  | Added +13,306,395 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.44bn | 18,042,089 |  | Added +1,047,557 |
| [MASSACHUSETTS FINANCIAL SERVICES CO /MA/](/funds/912938.md) | 2026-06-30 | $1.32bn | 16,269,553 |  | Reduced −1,809,087 |

## Recent filings

[All 2,550 filings](/companies/xel/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 16:34 ET | [8-K](/filings/0001193125-26-441768.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-441768 |
| 2026-10-29 | 15:30 ET | [10-Q](/filings/0000072903-26-000181.md) | Quarterly report, period 2026-09-30 | 0000072903-26-000181 |
| 2026-10-29 | 17:38 ET | [8-K](/filings/0000072903-26-000178.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000072903-26-000178 |
| 2026-10-09 | 16:50 ET | [8-K](/filings/0000072903-26-000175.md) | 8.01 Other events | 0000072903-26-000175 |
| 2026-08-20 | 16:58 ET | [8-K](/filings/0000072903-26-000160.md) | 8.01 Other events | 0000072903-26-000160 |
| 2026-07-30 | 14:44 ET | [10-Q](/filings/0000072903-26-000154.md) | Quarterly report, period 2026-06-30 | 0000072903-26-000154 |
| 2026-07-30 | 17:52 ET | [8-K](/filings/0000072903-26-000149.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000072903-26-000149 |
| 2026-07-29 | 09:23 ET | [8-K](/filings/0000072903-26-000147.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000072903-26-000147 |
| 2026-07-14 | 20:23 ET | [8-K](/filings/0000072903-26-000144.md) | 8.01 Other events | 0000072903-26-000144 |
| 2026-06-23 | 19:53 ET | [8-K](/filings/0000072903-26-000109.md) | 8.01 Other events | 0000072903-26-000109 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000072903-26-000009.md), filed Feb 25, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 72903
- Tickers: XEL, XELLL
- Exchange: Nasdaq
- SIC code: 4931 Electric & Other Services Combined
- State of incorporation: MN
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Nov 2, 2026, 07:18 ET. No prices; not investment advice.