Skip to content
OpenCapital
Get started

Xcel Energy XEL Q1 2026 earnings

Reported April 30, 2026 · Before market open

Revenue$4.0BMiss by $188.3MDiluted EPS$0.91Beat by $0.00
Revenue estimate$4.2B
EPS estimate$0.91

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$3.6B
EPS estimate$0.77

Financials

Q1 2026

Income statement

See full
Operating income$754.0M+11.4%
Net income$556.0M+15.1%
EPS (diluted)$0.89+6.0%

Balance sheet

See full
Cash & equivalents$1.8B+56.7%
Total debt$39.2B+21.2%
Total equity$23.8B+20.2%
Total assets$84.8B+16.6%

Cash flow

See full
Operating cash flow$1.7B+65.1%
CapEx$3.0B+52.0%
Free cash flow-$1.3B-38.0%

Valuation & ratios

Valuation

as of 07/09/26
See full
Market cap$49.7B+21.9%
Enterprise value$87.19B+21.0%
P/E23.8×+2.6×

Returns & leverage

See full
Return on equity9.6%-0.7pp
Debt / equity1.6×0.0×
Current ratio0.8×0.0×

Segments

By product

See full
Retail$3.3B+1.0%
Wholesale$217.0M+5.3%
Transmission$186.0M+8.1%
Other$62.0M-8.8%

By segment

See full
Regulated Electric$3.0B+5.0%
Regulated Natural Gas$1.0B-2.4%
All Other$15.0M-6.3%

Versus estimates

Revenue

Q1 2026$4.0BMiss by $188.3M
Q4 2025$3.6BMiss by $65.7MQ3 2025$3.9BBeat by $24.4MQ2 2025$3.3BBeat by $76.7MQ1 2025$3.9BMiss by $26.4MQ4 2024$3.1BMiss by $653.6M

Diluted EPS

Q1 2026$0.91Beat by $0.00
Q4 2025$0.96Miss by $0.00Q3 2025$1.24Miss by $0.08Q2 2025$0.75Beat by $0.10Q1 2025$0.84Miss by $0.08Q4 2024$0.81Miss by $0.06

Ask the moment Xcel Energy reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Xcel Energy report Q1 2026 earnings?
Xcel Energy (XEL) reported Q1 2026 earnings on April 30, 2026 before market open.
What were Xcel Energy's Q1 2026 revenue and EPS?
Xcel Energy reported revenue of $4.0B and diluted EPS of $0.91 for Q1 2026.
Did Xcel Energy beat estimates in Q1 2026?
Revenue missed the consensus estimate of $4.2B by $188.3M. EPS beat the consensus estimate of $0.91 by $0.00.
How did Xcel Energy's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.9% from $3.9B a year earlier and diluted EPS grew 8.3% from $0.84.
Where can I find Xcel Energy's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-201734) and the 10-Q periodic report (0000072903-26-000073) directly on SEC EDGAR. The filing index links above go to sec.gov.