Quarterly ResultOct 29, 2026, 03:36 PM
Xcel Energy Q3 Net Income $960M; EPS $1.52; Revenue $4.17B
AI Summary
Xcel Energy Inc. reported strong financial results for the third quarter and first nine months of 2026. Net income for Q3 2026 surged to $960 million ($1.52 diluted EPS), a substantial increase from $524 million ($0.88 diluted EPS) in Q3 2025. Total operating revenues also grew to $4.172 billion in Q3 2026. For the nine-month period, net income reached $2.102 billion. The company significantly increased its capital expenditures and saw an increase in both short-term and long-term debt.
Key Highlights
- Xcel Energy reported Q3 2026 net income of $960 million, a significant increase from $524 million in Q3 2025.
- Diluted EPS for Q3 2026 was $1.52, up from $0.88 in Q3 2025.
- Total operating revenues for Q3 2026 reached $4.172 billion, compared to $3.915 billion in Q3 2025.
- For the nine months ended Sept. 30, 2026, net income was $2.102 billion, up from $1.451 billion in the prior year period.
- Capital expenditures for the nine months ended Sept. 30, 2026, were $9.255 billion, an increase from $7.470 billion in the prior year period.
- Short-term debt outstanding at Sept. 30, 2026, was $3.060 billion, up from $1.550 billion at Dec. 31, 2025.
- Long-term debt increased to $36.539 billion at Sept. 30, 2026, from $31.832 billion at Dec. 31, 2025.
Price Impact
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