Business Segments · Revenue

Regulated Natural Gas — Revenue

Xcel Energy Regulated Natural Gas — Revenue increased by 39.8% to $1.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $1.06B to $1.03B. Over 4 years (FY 2021 to FY 2025), Regulated Natural Gas — Revenue shows an upward trend with a 3.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase typically indicates higher customer demand, rate adjustments, or expanded service territory, while a decrease may signal warmer weather, energy efficiency gains, or regulatory rate pressure.

Detailed definition

This metric represents the total operating revenue generated from the transportation, storage, and distribution of natur...

Peer comparison

This is a standard revenue line item for diversified utilities with gas operations; peers typically report this as a distinct regulated segment revenue to distinguish it from electric utility or non-regulated energy operations.

Metric ID: xel_segment_regulated_natural_gas_revenues

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$449.00M$268.00M$768.00M$1.09B$476.00M$357.00M$1.16B$1.29B$393.00M$245.00M$719.00M$941.00M$355.00M$239.00M$695.00M$1.06B$396.00M$264.00M$737.00M$1.03B
QoQ Change-40.3%+186.6%+41.9%-56.3%-25.0%+224.1%+11.3%-69.5%-37.7%+193.5%+30.9%-62.3%-32.7%+190.8%+51.8%-62.5%-33.3%+179.2%+39.8%
YoY Change+6.0%+33.2%+50.7%+18.2%-17.4%-31.4%-37.9%-26.9%-9.7%-2.4%-3.3%+12.1%+11.5%+10.5%+6.0%-2.4%
Range$239.00M$1.29B
CAGR+19.1%
Avg YoY Growth+1.0%
Median YoY Growth+1.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Xcel Energy's regulated natural gas — revenue?
Xcel Energy (XEL) reported regulated natural gas — revenue of $1.03B in Q1 2026.
How has Xcel Energy's regulated natural gas — revenue changed year-over-year?
Xcel Energy's regulated natural gas — revenue decreased by 2.4% year-over-year, from $1.06B to $1.03B.
What is the long-term trend for Xcel Energy's regulated natural gas — revenue?
Over 4 years (2021 to 2025), Xcel Energy's regulated natural gas — revenue has grown at a 3.6% compound annual growth rate (CAGR), from $2.13B to $2.45B.
What does regulated natural gas — revenue mean?
Total revenue earned from providing regulated natural gas utility services to customers.