# Xcel Energy Inc. (XEL) FY2025 Q1 P&L / Income Statement

- Company: Xcel Energy Inc. (XEL)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-04-24, accession number 0000072903-25-000088
- Page: https://plicit.ai/financials/xel/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/xel-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service (4 categories)

Income statement for 2025-01-01 through 2025-03-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,906,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,904,000,000 US dollars
- **Operating expenses (calculated)**: 3,227,000,000 US dollars
- **Operating income**: 677,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 255,000,000 US dollars
- **Income before income taxes**: 422,000,000 US dollars
- **Income tax benefit**: negative 61,000,000 US dollars
- **Net income**: 483,000,000 US dollars
- **Retail**: 3,257,000,000 US dollars
- **Wholesale**: 206,000,000 US dollars
- **Transmission**: 172,000,000 US dollars
- **Other**: 68,000,000 US dollars
- **Undisclosed (calculated)**: 203,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 170,000,000 US dollars
- **Conservation and demand side management expenses**: 110,000,000 US dollars
- **Cost of natural gas sold and transported**: 513,000,000 US dollars
- **Operating and maintenance expenses**: 686,000,000 US dollars
- **Electric fuel and purchased power**: 1,020,000,000 US dollars
- **Depreciation and amortization**: 728,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Product and Service (3 categories)

- Page: https://plicit.ai/financials/xel/fy2025-q1-income-statement/revenue-by-product-and-service-3-categories
- Chart image: https://plicit.ai/charts/xel-fy2025-q1-revenue-by-product-and-service-3-categories-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,906,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,904,000,000 US dollars
- **Operating expenses (calculated)**: 3,227,000,000 US dollars
- **Operating income**: 677,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 255,000,000 US dollars
- **Income before income taxes**: 422,000,000 US dollars
- **Income tax benefit**: negative 61,000,000 US dollars
- **Net income**: 483,000,000 US dollars
- **Electric**: 2,835,000,000 US dollars
- **Natural gas**: 1,055,000,000 US dollars
- **Other**: 16,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 170,000,000 US dollars
- **Conservation and demand side management expenses**: 110,000,000 US dollars
- **Cost of natural gas sold and transported**: 513,000,000 US dollars
- **Operating and maintenance expenses**: 686,000,000 US dollars
- **Electric fuel and purchased power**: 1,020,000,000 US dollars
- **Depreciation and amortization**: 728,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/xel/fy2025-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/xel-fy2025-q1-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,906,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,904,000,000 US dollars
- **Operating expenses (calculated)**: 3,227,000,000 US dollars
- **Operating income**: 677,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 255,000,000 US dollars
- **Income before income taxes**: 422,000,000 US dollars
- **Income tax benefit**: negative 61,000,000 US dollars
- **Net income**: 483,000,000 US dollars
- **Regulated Electric**: 2,835,000,000 US dollars
- **Regulated Natural Gas**: 1,055,000,000 US dollars
- **All Other**: 16,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 170,000,000 US dollars
- **Conservation and demand side management expenses**: 110,000,000 US dollars
- **Cost of natural gas sold and transported**: 513,000,000 US dollars
- **Operating and maintenance expenses**: 686,000,000 US dollars
- **Electric fuel and purchased power**: 1,020,000,000 US dollars
- **Depreciation and amortization**: 728,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment by Product and Service

- Page: https://plicit.ai/financials/xel/fy2025-q1-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/xel-fy2025-q1-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,906,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,904,000,000 US dollars
- **Operating expenses (calculated)**: 3,227,000,000 US dollars
- **Operating income**: 677,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 255,000,000 US dollars
- **Income before income taxes**: 422,000,000 US dollars
- **Income tax benefit**: negative 61,000,000 US dollars
- **Net income**: 483,000,000 US dollars
- **All Other - Other**: 0 US dollars
- **All Other - Retail**: 13,000,000 US dollars
- **All Other - Transmission**: 0 US dollars
- **All Other - Wholesale**: 0 US dollars
- **Regulated Electric - Other**: 17,000,000 US dollars
- **Regulated Electric - Retail**: 2,292,000,000 US dollars
- **Regulated Electric - Transmission**: 172,000,000 US dollars
- **Regulated Electric - Wholesale**: 206,000,000 US dollars
- **Regulated Natural Gas - Other**: 51,000,000 US dollars
- **Regulated Natural Gas - Retail**: 952,000,000 US dollars
- **Regulated Natural Gas - Transmission**: 0 US dollars
- **Regulated Natural Gas - Wholesale**: 0 US dollars
- **Undisclosed (calculated)**: 203,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 170,000,000 US dollars
- **Conservation and demand side management expenses**: 110,000,000 US dollars
- **Cost of natural gas sold and transported**: 513,000,000 US dollars
- **Operating and maintenance expenses**: 686,000,000 US dollars
- **Electric fuel and purchased power**: 1,020,000,000 US dollars
- **Depreciation and amortization**: 728,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.