Xcel Energy revenue
Xcel Energy's revenue was $14.67bn in fiscal 2025, up 9.1% on the year before. Since fiscal 2009 ($9.64bn) it has grown at a compound 2.7% a year. Over the last twelve months it was $14.87bn.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.6 | 10.3 | 10.7 | 10.1 | 10.9 | 11.7 | 11.0 | 11.1 | 11.4 | 11.5 | 11.5 | 11.5 | 13.4 | 15.3 | 14.2 | 13.4 | 14.7 | 14.9 |
| Growth on the year before | — | +6.9% | +3.3% | −4.9% | +7.8% | +7.1% | −5.7% | +0.8% | +2.7% | +1.2% | −0.1% | −0.0% | +16.5% | +14.0% | −7.2% | −5.4% | +9.1% | — |
| Gross profit | — | — | — | — | — | — | — | 7.4 | 7.6 | 7.7 | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | 66.5% | 67.1% | 66.6% | — | — | — | — | — | — | — | — |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Products | $13.9B | ▲ 9.6% |
| Retail Distribution | $12.2B | ▲ 9.8% |
| Wholesale Distribution | $715M | ▲ 10.9% |
| Transmission Services | $705M | ▲ 8.8% |
| Other Services | $243M | ▲ 1.7% |
These categories overlap or exclude eliminations, so shares aren't shown.
From Xcel Energy's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Xcel Energy | $14.87bn | 4.5% | 0.1% |
| Sempra | $13.55bn | 1.6% | -7.2% |
| DTE Energy | $16.46bn | 15.9% | 0.6% |
| Consolidated Edison | $17.69bn | 9.5% | 4.4% |
| Dominion Energy | $18.12bn | 19.0% | 6.9% |
| CenterPoint Energy | $9.82bn | 7.8% | 2.1% |
Compare with peers
- Sempra revenue
- DTE Energy revenue
- Consolidated Edison revenue
- Dominion Energy revenue
- CenterPoint Energy revenue
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