XCEL ENERGY INC

For the period ended Mar 31, 2026. Filed Apr 30, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 30, 2026

XEL$79.67-0.9%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(amounts in millions, except per share data)

	Three Months Ended March 31
	2026	2025
Operating revenues
Electric	$2,976	$2,835
Natural gas	1,030	1,055
Other	15	16
Total operating revenues	4,021	3,906
Operating expenses
Electric fuel and purchased power	1,019	1,020
Cost of natural gas sold and transported	520	513
Cost of sales — other	3	2
Operating and maintenance expenses	675	686
Conservation and demand side management expenses	121	110
Depreciation and amortization	768	728
Taxes (other than income taxes)	183	170
Marshall Wildfire litigation	(22)	—
Total operating expenses	3,267	3,229
Operating income	754	677
Other income, net	22	7
Earnings (loss) from equity method investments	13	(1)
Allowance for funds used during construction — equity	92	48
Interest charges and financing costs
Interest charges — includes other financing costs	412	332
Allowance for funds used during construction — debt	(40)	(23)
Total interest charges and financing costs	372	309
Income before income taxes	509	422
Income tax benefit	(47)	(61)
Net income	$556	$483
Weighted average common shares outstanding:
Basic	624	575
Diluted	626	577
Earnings per average common share:
Basic	$0.89	$0.84
Diluted	0.89	0.84
See Notes to Consolidated Financial Statements

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.