XELXcel Energy Inc.

$51B

Q2 2025 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.3B+8.6% YoY

Gross Profit

$1.6B47.4% margin

Operating Income

$577M17.6% margin

Net Income

$444M13.5% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

-15.8%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

-$1.3B

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$75.3B

Total Liabilities

$54.4B

Stockholders' Equity

$21.0B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.0B	+8.6%
Gross Profit	$1.6B	$1.4B	+12.0%
Operating Income	$577M	$449M	+28.5%
Net Income	$444M	$302M	+47.0%

Revenue Segments

Regulated Electric

$2.9B88%

Regulated Natural Gas

$396M12%

XEL Q2 2025 Earnings — Xcel Energy Inc. Revenue & Financial Results | Market Cap Arena