Discontinued — last reported Q1 '26

Business Segments · Income Tax Expense Benefit

Regulated Natural Gas — Income Tax Expense Benefit

Xcel Energy Regulated Natural Gas — Income Tax Expense Benefit increased by 360.0% to $52.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.8%, from $61.00M to $52.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toIncome Tax

How to read this metric

An increase in tax benefit generally improves net income, while a decrease may indicate lower utilization of tax credits or changes in tax legislation.

Detailed definition

This metric represents the net income tax benefit recognized by the regulated natural gas business segment during the re...

Peer comparison

Most regulated utilities report segment-level tax provisions; peers often show similar volatility based on capital expenditure cycles and renewable energy tax credits.

Metric ID: xel_segment_regulated_natural_gas_income_tax_expense_benefit

Historical Data

7 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$49.00M-$3.00M-$18.00M$61.00M-$4.00M-$20.00M$52.00M
QoQ Change-106.1%-500.0%+438.9%-106.6%-400.0%+360.0%
YoY Change+24.5%-33.3%-11.1%-14.8%
Range-$20.00M$61.00M
CAGR+4.0%
Avg YoY Growth-8.7%
Median YoY Growth-12.9%

Frequently Asked Questions

What is Xcel Energy's regulated natural gas — income tax expense benefit?
Xcel Energy (XEL) reported regulated natural gas — income tax expense benefit of $52.00M in Q1 2026.
How has Xcel Energy's regulated natural gas — income tax expense benefit changed year-over-year?
Xcel Energy's regulated natural gas — income tax expense benefit decreased by 14.8% year-over-year, from $61.00M to $52.00M.
What does regulated natural gas — income tax expense benefit mean?
The net tax benefit recorded specifically for the regulated natural gas business segment.