# Xcel Energy Inc. (XEL) FY2026 Q2 P&L / Income Statement

- Company: Xcel Energy Inc. (XEL)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-30, accession number 0000072903-26-000154
- Page: https://plicit.ai/financials/xel/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/xel-fy2026-q2-income-statement-sankey.png

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

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,119,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,117,000,000 US dollars
- **Operating expenses (calculated)**: 2,411,000,000 US dollars
- **Operating income**: 706,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 180,000,000 US dollars
- **Income before income taxes**: 526,000,000 US dollars
- **Income tax benefit**: negative 60,000,000 US dollars
- **Net income**: 586,000,000 US dollars
- **Retail**: 2,456,000,000 US dollars
- **Wholesale**: 89,000,000 US dollars
- **Transmission**: 190,000,000 US dollars
- **Other**: 57,000,000 US dollars
- **Undisclosed (calculated)**: 327,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 177,000,000 US dollars
- **Conservation and demand side management expenses**: 107,000,000 US dollars
- **Cost of natural gas sold and transported**: 93,000,000 US dollars
- **Operating and maintenance expenses**: 691,000,000 US dollars
- **Electric fuel and purchased power**: 678,000,000 US dollars
- **Depreciation and amortization**: 662,000,000 US dollars
- **Marshall Wildfire litigation**: 3,000,000 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/fy2026-q2-income-statement/revenue-by-product-and-service-3-categories
- Chart image: https://plicit.ai/charts/xel-fy2026-q2-revenue-by-product-and-service-3-categories-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,119,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,117,000,000 US dollars
- **Operating expenses (calculated)**: 2,411,000,000 US dollars
- **Operating income**: 706,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 180,000,000 US dollars
- **Income before income taxes**: 526,000,000 US dollars
- **Income tax benefit**: negative 60,000,000 US dollars
- **Net income**: 586,000,000 US dollars
- **Electric**: 2,740,000,000 US dollars
- **Natural gas**: 365,000,000 US dollars
- **Other**: 14,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 177,000,000 US dollars
- **Conservation and demand side management expenses**: 107,000,000 US dollars
- **Cost of natural gas sold and transported**: 93,000,000 US dollars
- **Operating and maintenance expenses**: 691,000,000 US dollars
- **Electric fuel and purchased power**: 678,000,000 US dollars
- **Depreciation and amortization**: 662,000,000 US dollars
- **Marshall Wildfire litigation**: 3,000,000 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/fy2026-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/xel-fy2026-q2-revenue-by-business-segment-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,119,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,117,000,000 US dollars
- **Operating expenses (calculated)**: 2,411,000,000 US dollars
- **Operating income**: 706,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 180,000,000 US dollars
- **Income before income taxes**: 526,000,000 US dollars
- **Income tax benefit**: negative 60,000,000 US dollars
- **Net income**: 586,000,000 US dollars
- **Regulated Electric**: 2,740,000,000 US dollars
- **Regulated Natural Gas**: 365,000,000 US dollars
- **All Other**: 14,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 177,000,000 US dollars
- **Conservation and demand side management expenses**: 107,000,000 US dollars
- **Cost of natural gas sold and transported**: 93,000,000 US dollars
- **Operating and maintenance expenses**: 691,000,000 US dollars
- **Electric fuel and purchased power**: 678,000,000 US dollars
- **Depreciation and amortization**: 662,000,000 US dollars
- **Marshall Wildfire litigation**: 3,000,000 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/fy2026-q2-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/xel-fy2026-q2-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 3,119,000,000 US dollars
- **Cost of revenue (calculated)**: 2,000,000 US dollars
- **Gross profit (calculated)**: 3,117,000,000 US dollars
- **Operating expenses (calculated)**: 2,411,000,000 US dollars
- **Operating income**: 706,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 180,000,000 US dollars
- **Income before income taxes**: 526,000,000 US dollars
- **Income tax benefit**: negative 60,000,000 US dollars
- **Net income**: 586,000,000 US dollars
- **All Other - Other**: 0 US dollars
- **All Other - Retail**: 9,000,000 US dollars
- **All Other - Transmission**: 0 US dollars
- **All Other - Wholesale**: 0 US dollars
- **Regulated Electric - Other**: 13,000,000 US dollars
- **Regulated Electric - Retail**: 2,158,000,000 US dollars
- **Regulated Electric - Transmission**: 190,000,000 US dollars
- **Regulated Electric - Wholesale**: 89,000,000 US dollars
- **Regulated Natural Gas - Other**: 44,000,000 US dollars
- **Regulated Natural Gas - Retail**: 289,000,000 US dollars
- **Regulated Natural Gas - Transmission**: 0 US dollars
- **Regulated Natural Gas - Wholesale**: 0 US dollars
- **Undisclosed (calculated)**: 327,000,000 US dollars
- **Cost of sales — other**: 2,000,000 US dollars
- **Taxes, Other**: 177,000,000 US dollars
- **Conservation and demand side management expenses**: 107,000,000 US dollars
- **Cost of natural gas sold and transported**: 93,000,000 US dollars
- **Operating and maintenance expenses**: 691,000,000 US dollars
- **Electric fuel and purchased power**: 678,000,000 US dollars
- **Depreciation and amortization**: 662,000,000 US dollars
- **Marshall Wildfire litigation**: 3,000,000 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.