Operating

Xcel Energy·Cash Flow Statement·21 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Net cash from operating activities	$1.2B	$1.7B	$664M	$1B	$1.1B	$1.8B	$209M	$1.7B
Depreciation and amortization	$706M	$685M	$714M	$734M	$727M	$755M	$752M	$767M
Net income	$302M	$682M	$464M	$483M	$444M	$524M	$567M	$556M
Increase (Decrease) in Other Current Assets	$0	-$66M	$152M	$18M	-$107M	-$53M	$264M	-$415M
Change in accounts payable	$118M	-$46M	$79M	-$105M	-$49M	—	—	-$191M
Increase (Decrease) in Accrued Unbilled Revenues	—	-$56M	—	-$63M	—	-$56M	—	-$134M
Current liabilities	-$259M	—	-$79M	$29M	-$319M	$492M	-$376M	$110M
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity	$38M	$44M	$49M	$48M	$69M	$79M	$85M	$92M
Increase Decrease In Regulatory Assets And Liabilities	-$69M	-$132M	-$154M	-$25M	$75M	$63M	$76M	-$87M
Accrued compensation and employee benefits	—	—	—	-$124M	—	—	—	-$77M
Increase (Decrease) in Accounts and Other Receivables	-$70M	—	—	$58M	-$143M	$117M	$97M	$30M
Nuclear Fuel Amortization	$33M	$32M	$21M	$29M	$26M	$32M	$27M	$27M
Other working capital changes	$137M	-$50M	-$154M	-$28M	-$26M	-$5M	-$101M	-$24M
Equity in earnings (losses) of equity method investees	$8M	$3M	$0	-$1M	-$8M	$6M	$20M	$13M
Provision for bad debts	$11M	$19M	—	$19M	$12M	$16M	—	$13M
Stock-based compensation	$11M	$10M	$6M	$9M	$12M	$17M	$8M	$11M
Distributions of earnings from equity method investees	$9M	$8M	$8M	$8M	$8M	$0	$16M	$7M
Deferred income taxes	$131M	$121M	—	$13M	$269M	$113M	$19M	-$5M
Change in inventories	$52M	$69M	$69M	$4M	$93M	$105M	$98M	-$2M
Increase (Decrease) in Accrued Unbilled Revenues	-$5.3M	-$5.3M	-$5.3M	$12M	$12M	$12M	$12M	—
Accounts Receivable, Credit Loss Expense (Reversal)	$11.8M	$11.8M	$11.8M	$15.3M	$15.3M	$15.3M	$15.3M	—

Metrics

Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity

View metric

Stock-based compensation

View metric

Operating

Breakdown

Metrics

Change in accounts payable

Change in inventories

Other working capital changes

Deferred income taxes

Depreciation and amortization

Net cash from operating activities

Net income

Distributions of earnings from equity method investees

Equity in earnings (losses) of equity method investees

Increase (Decrease) in Accounts and Other Receivables

Increase (Decrease) in Accrued Unbilled Revenues

Accrued compensation and employee benefits

Increase (Decrease) in Other Current Assets

Current liabilities

Increase Decrease In Regulatory Assets And Liabilities

Increase (Decrease) in Accrued Unbilled Revenues

Nuclear Fuel Amortization

Provision for bad debts

Accounts Receivable, Credit Loss Expense (Reversal)

Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity

Stock-based compensation