Xcel Energy Inc. (XEL) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Product and Service (3 categories)
2026-04-01 to 2026-06-30
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Xcel Energy Inc. (XEL) FY2026 Q2 P&L / Income Statement
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.

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Gross margin
99.9%
Gross profit / revenue
Operating margin
22.6%
Operating profit / revenue
Cash conversion
187.7%
Operating cash / net income, same period
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