Xcel Energy Inc (XELLL) revenue by segment
XELLLNasdaqElectric & Other Services CombinedFiscal year ends December 31Also trades as XEL
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 10/308% above fair value
$20.85−0.05 (-0.24%)
Close on Oct 30, 2026Market cap $49.86BP/E 18.6Yield 2.86%
Xcel Energy Inc revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Regulated Electric | $12.16B | $11.15B | $11.45B | $12.12B | $11.21B | $9.80B | $9.58B | $9.72B | $9.68B | $9.50B | 82.9% | +9.1% |
| Regulated Natural Gas | $2.45B | $2.23B | $2.65B | $3.08B | $2.13B | $1.64B | $1.87B | $1.74B | $1.65B | $1.53B | 16.7% | +10.0% |
| All Other | $57.00M | $64.00M | $115.00M | $107.00M | $94.00M | $88.00M | $86.00M | $79.00M | $78.00M | $76.00M | 0.4% | -10.9% |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue from contracts with customers | $13.86B | $12.64B | $13.59B | $14.71B | $12.67B | $10.85B | $11.03B | $11.02B | – | – | 94.5% | +9.6% |
| Retail | $12.20B | $11.11B | $11.91B | $12.40B | $10.32B | $9.30B | $9.62B | $9.51B | – | – | 83.1% | +9.8% |
| Wholesale | $715.00M | $645.00M | $815.00M | $1.35B | $1.54B | $759.00M | $737.00M | $791.00M | – | – | 4.9% | +10.9% |
| Transmission | $705.00M | $648.00M | $649.00M | $675.00M | $604.00M | $579.00M | $507.00M | $523.00M | – | – | 4.8% | +8.8% |
| Other | $243.00M | $239.00M | $219.00M | $275.00M | $209.00M | $210.00M | $169.00M | $198.00M | $78.00M | $76.00M | 1.7% | +1.7% |
| Electricity, US Regulated [Member] | – | – | – | – | – | – | – | $9.72B | $9.68B | $9.50B | – | – |
| Natural Gas, US Regulated [Member] | – | – | – | – | – | – | – | $1.74B | $1.65B | $1.53B | – | – |
| Alternative revenue and other | – | – | – | – | – | – | – | $517.00M | – | – | – | – |
By region
From the segment and revenue-disaggregation notes of Xcel Energy's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.