Xcel Energy (XEL) Reports In-Line Q4 EPS, Misses on Revenue; Offers FY26 EPS Guidance

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Xcel Energy 2025 Year End Earnings Report

February 5, 2026 6:05 AM EST

2025 GAAP diluted earnings per share were $3.42 compared with $3.44 per share in 2024. 2025 diluted ongoing earnings per share were $3.80 compared with $3.50 per share in 2024. Xcel Energy reaffirms 2026 EPS guidance of $4.04 to $4.16 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2025 GAAP diluted earnings of $2.02 billion, or $3.42 per share, compared with $1.94 billion, or $3.44 per share in the same period in 2024 and ongoing earnings of $2.24 billion, or $3.80 per share, compared with $1.97 billion, or $3.50 per share in the same period in 2024. See Note 6 for reconciliation from GAAP to ongoing... More