# Xcel Energy (XEL) — Earnings

XEL · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/xel/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.93 |
| EPS estimate | $0.79 |
| EPS surprise | +17.45% |
| Revenue surprise | −12.10% |
| Revenue | $3.1B |
| Revenue estimate | $3.5B |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/72903/000007290326000154/xel-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/4f0e7927-08da-9c85-ccc4-78b2c86f26b1.html) |

Xcel Energy reported Q2 2026 results on July 30, 2026. Earnings per share were $0.93, ahead of the $0.79 estimate by 17.45%. Revenue was about $3.1 billion, below the $3.5 billion consensus. Compared with Q2 2025, EPS rose 24% from $0.75, while revenue was down from $3.3 billion.

The longer record shows steady earnings growth. Annual EPS rose each year, from $3.17 in 2022 to $3.34 in 2023, $3.48 in 2024 and $3.79 in 2025. The first half of 2026 adds up to $1.84, about 16% more than the first half of 2025. Earnings follow a clear seasonal pattern. Q3 was the largest quarter in every year shown, with the table's high of $1.25 in Q3 2024, and Q2 was usually the smallest. The Q2 2026 figure was the highest Q2 in the table. Xcel beat EPS estimates in 8 of the last 20 quarters, and the Q2 2026 beat was the largest in that span.

Xcel reported Q3 results between October 27 and October 31 in each of the last five years. That points to late October 2026 for the next report. It will cover the quarter that has been the strongest of each year in the table.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $0.79 | $0.93 | 17.45% | $3.5B | $3.1B |
| Q1 2026 | Apr 30, 2026 | $0.91 | $0.91 | 0.36% | $4.2B | $4.0B |
| Q4 2025 | Feb 5, 2026 | $0.96 | $0.96 | -0.09% | $3.6B | $3.6B |
| Q3 2025 | Oct 30, 2025 | $1.32 | $1.24 | -5.92% | $3.9B | $3.9B |
| Q2 2025 | Jul 31, 2025 | $0.65 | $0.75 | 16.28% | $3.2B | $3.3B |
| Q1 2025 | Apr 24, 2025 | $0.92 | $0.84 | -8.80% | $3.9B | $3.9B |
| Q4 2024 | Feb 6, 2025 | $0.87 | $0.81 | -7.39% | $3.8B | $3.1B |
| Q3 2024 | Oct 31, 2024 | $1.26 | $1.25 | -0.72% | $3.9B | $3.6B |
| Q2 2024 | Aug 1, 2024 | $0.57 | $0.54 | -5.35% | $3.3B | $3.0B |
| Q1 2024 | Apr 25, 2024 | $0.77 | $0.88 | 13.61% | $4.1B | $3.6B |
| Q4 2023 | Jan 25, 2024 | $0.85 | $0.83 | -2.41% | $4.0B | $3.4B |
| Q3 2023 | Oct 27, 2023 | $1.26 | $1.23 | -2.68% | $4.0B | $3.7B |
| Q2 2023 | Jul 27, 2023 | $0.57 | $0.52 | -8.00% | $3.4B | $3.0B |
| Q1 2023 | Apr 27, 2023 | $0.74 | $0.76 | 2.98% | $3.8B | $4.1B |
| Q4 2022 | Jan 26, 2023 | $0.68 | $0.69 | 1.78% | $3.1B | $4.1B |
| Q3 2022 | Oct 27, 2022 | $1.21 | $1.18 | -2.71% | $3.8B | $4.1B |
| Q2 2022 | Jul 28, 2022 | $0.61 | $0.60 | -1.14% | $3.1B | $3.4B |
| Q1 2022 | Apr 28, 2022 | $0.67 | $0.70 | 3.97% | $3.4B | $3.8B |
| Q4 2021 | Jan 27, 2022 | $0.58 | $0.58 | 0.61% | $3.1B | $3.4B |
| Q3 2021 | Oct 28, 2021 | $1.18 | $1.13 | -4.44% | $3.4B | $3.5B |

## Frequently Asked Questions

### When did Xcel Energy (XEL) last report earnings?

Xcel Energy last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did XEL beat earnings estimates?

Yes. Xcel Energy reported EPS of $0.93 for Q2 2026 against a $0.79 estimate — a 17.45% beat.

### How much revenue did XEL report last quarter?

Xcel Energy reported $3.1B in revenue for Q2 2026, against a consensus estimate of $3.5B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).