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

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

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.