Operating

Net Income

Xcel Energy Net Income decreased by 1.9% to $556.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $483.00M to $556.00M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 8.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...

Peer comparison

Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.

Metric ID: net_income_cf

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$287.00M$603.00M$288.00M$380.00M$328.00M$649.00M$379.00M$418.00M$288.00M$656.00M$409.00M$488.00M$302.00M$682.00M$464.00M$483.00M$444.00M$524.00M$567.00M$556.00M
QoQ Change+110.1%-52.2%+31.9%-13.7%+97.9%-41.6%+10.3%-31.1%+127.8%-37.7%+19.3%-38.1%+125.8%-32.0%+4.1%-8.1%+18.0%+8.2%-1.9%
YoY Change+14.3%+7.6%+31.6%+10.0%-12.2%+1.1%+7.9%+16.7%+4.9%+4.0%+13.4%-1.0%+47.0%-23.2%+22.2%+15.1%
Range$287.00M$682.00M
CAGR+14.9%
Avg YoY Growth+10.0%
Median YoY Growth+9.0%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Regulated Electric$353.00M$752.00M$342.00M$468.00M$592.00M$429.00M
Regulated Natural Gas$3.00M-$36.00M$195.00M$6.00M-$39.00M$170.00M
All Other-$54.00M-$34.00M-$31.00M-$54.00M-$30.00M-$29.00M$0.00-$43.00M
Regulated Electric Segment$383.00M$342.00M$468.00M
Regulated Natural Gas Segment$112.00M$195.00M$94.00M
Total$302.00M$682.00M$464.00M$483.00M$444.00M$524.00M$567.00M$556.00M

Regulated Electric, Regulated Natural Gas were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Xcel Energy's net income?
Xcel Energy (XEL) reported net income of $556.00M in Q1 2026.
How has Xcel Energy's net income changed year-over-year?
Xcel Energy's net income increased by 15.1% year-over-year, from $483.00M to $556.00M.
What is the long-term trend for Xcel Energy's net income?
Over 4 years (2021 to 2025), Xcel Energy's net income has grown at a 8.2% compound annual growth rate (CAGR), from $1.47B to $2.02B.
What does net income mean?
The company's total profit after all expenses and taxes have been paid.