Business Segments · Income tax benefit
Regulated Electric Segment — Income tax benefit
Xcel Energy Regulated Electric Segment — Income tax benefit increased by 56.5% to -$77.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.9%, from -$95.00M to -$77.00M. Over 4 years (FY 2021 to FY 2025), Regulated Electric Segment — Income tax benefit shows a downward trend with a 28.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toIncome Tax
How to read this metric
A higher benefit indicates effective utilization of tax incentives, such as those for renewable energy investments.
Detailed definition
This metric represents the tax-related gains or credits recognized by the regulated electric segment, which reduce the t...
Peer comparison
Common in utilities with significant renewable energy tax credit portfolios.
Metric ID:
xel_segment_regulated_electric_segment_income_tax_benefitHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$24.00M | -$24.00M | -$24.00M | -$40.50M | -$40.50M | -$40.50M | -$40.50M | -$33.75M | -$33.75M | -$33.75M | -$33.75M | -$67.00M | -$73.00M | $55.00M | -$335.00M | -$95.00M | -$48.00M | $55.00M | -$177.00M | -$77.00M |
| QoQ Change | — | +0.0% | +0.0% | -68.8% | +0.0% | +0.0% | +0.0% | +16.7% | +0.0% | +0.0% | +0.0% | -98.5% | -9.0% | +175.3% | -709.1% | +71.6% | +49.5% | +214.6% | -421.8% | +56.5% |
| YoY Change | — | — | — | — | -68.8% | -68.8% | -68.8% | +16.7% | +16.7% | +16.7% | +16.7% | -98.5% | -116.3% | +263.0% | -892.6% | -41.8% | +34.2% | +0.0% | +47.2% | +18.9% |
Range-$335.00M – $55.00M
CAGR+27.8%
Avg YoY Growth-57.8%
Median YoY Growth+8.3%
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Frequently Asked Questions
- What is Xcel Energy's regulated electric segment — income tax benefit?
- Xcel Energy (XEL) reported regulated electric segment — income tax benefit of -$77.00M in Q1 2026.
- How has Xcel Energy's regulated electric segment — income tax benefit changed year-over-year?
- Xcel Energy's regulated electric segment — income tax benefit increased by 18.9% year-over-year, from -$95.00M to -$77.00M.
- What is the long-term trend for Xcel Energy's regulated electric segment — income tax benefit?
- Over 4 years (2021 to 2025), Xcel Energy's regulated electric segment — income tax benefit has grown at a 28.9% compound annual growth rate (CAGR), from -$96.00M to -$265.00M.
- What does regulated electric segment — income tax benefit mean?
- The financial benefit derived from tax credits or adjustments for the electric segment.