XEL at a glance
Xcel Energy (XEL, SEC CIK 72903) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on August 20, 2026 and Form 4 insider filings as recently as September 30, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Xcel Energy (XEL) reported revenue of $14.7 billion (up 9.1% from FY2024) and net income of $2.0 billion. Diluted EPS was $3.42.
- As of June 30, 2026, 51 institutional investment managers tracked by SignalX reported holding Xcel Energy (XEL) shares worth $25.9 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $14.7B
- +9.1% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 51 funds
- $25.9B · +3 vs prior quarter
- Latest 8-K
- Jul 30, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Management Discussion & Analysis
- Section 'mda' was empty or not found.
Business Overview
- Section 'business' was empty or not found.
Risk Factors
- PHMSA pipeline safety regulations create ongoing compliance cost exposure; Marshall Wildfire settlement in 2025 confirms insurance limits exceeded by extreme events
- Global supply chain dependency for critical components creates project delay and cancellation risk with no alternative supplier fallback identified
- Wildfire liability risk: Marshall Wildfire 2025 settlement exceeded insurance coverage, signaling structural underinsurance against escalating climate events
- Oil and gas sector largest C&I customer base, creating revenue concentration risk tied to volatile commodity price cycles
- Credit rating downgrade risk triggered by cost disallowances, historic test years, or unfavorable litigation could raise borrowing costs and force collateral posting
AI summary of the XEL 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue change: electric revenues decreased $138M, natural gas revenues decreased $31M in Q2 2026 versus Q2 2025
- GAAP net income $586M vs $444M YoY, with diluted EPS $0.93 vs $0.75
- Best segment: PSCo EPS $0.32 vs $0.26; weakest growth NSP-Wisconsin, EPS $0.06 vs $0.05
- Near-term outlook: final rate decisions expected Q3–Q4 2026; higher interest charges and debt levels remain headwinds
Risk Factors
- No material risk-factor changes from the Dec. 31, 2025 Form 10-K
- Carried-forward risks include regulatory, legal, operational, competitive, market, liquidity, debt, currency, and concentration exposures
- New debt securities: 5.300% and 5.875% SPS first mortgage bonds due 2036 and 2056
- New debt security: NSP-Wisconsin 5.48% first mortgage bonds due June 15, 2041
AI summary of the XEL 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 earnings released July 30, 2026
- Financial results and management commentary available in furnished Exhibit 99.01
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Peter Carter elected independent director, effective July 29, 2026, for a term ending at Xcel’s 2027 annual meeting
- Board expanded from 10 to 11 directors, increasing oversight capacity
Item EX-99.1: Item EX-99.1
- Peter Carter elected to Xcel Energy board effective July 29, 2026
- Delta Air Lines president adds enterprise strategy, policy and legal expertise
Item 8.01: Other Events
- PSCo settlement supports a $123 million annual revenue increase, below the $190 million request
- Settlement implies 7.5% total increase, averaging 3.7% annually since the prior rate case
AI summaries of XEL 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for XEL
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- Fund moves. Which tracked funds opened, added or cut XEL, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Pardee Charles G | A | Sep 28, 2026 | 666.189 | - |
| Burkhart Megan D | A | Sep 28, 2026 | 687.679 | - |
| Casey Lynn | A | Sep 28, 2026 | 580.229 | - |
| Welsh Timothy A | A | Sep 28, 2026 | 580.229 | - |
| KAMPLING PATRICIA L | A | Sep 28, 2026 | 773.639 | - |
| Carter Peter W | A | Sep 28, 2026 | 403.638 | - |
| Carter Peter W | A | Jul 29, 2026 | 1,818.74 | - |
| Casey Lynn | A | Jun 28, 2026 | 492.521 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $14.2B | $13.4B | $14.7B |
| Operating Income | - | $2.4B | $2.6B |
| Net Income | $1.8B | $1.9B | $2.0B |
| Op. Margin | - | 17.8% | 17.6% |
| Net Margin | 12.5% | 14.4% | 13.8% |
| Balance Sheet | |||
| Total Assets | $64.1B | $70.0B | $81.4B |
| Equity | $17.6B | $19.5B | $23.6B |
| ROE | 10.1% | 9.9% | 8.5% |
| Per Share | |||
| EPS | $3.21 | $3.44 | $3.42 |
| Cash Flow | |||
| Operating CF | $5.3B | $4.6B | $4.1B |
Source: XBRL data in Xcel Energy (XEL)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate XEL share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 51 | $25.93B |
| Q1 2026 | 48 | $24.54B |
| Q4 2025 | 46 | $23.42B |
| Q3 2025 | 44 | $26.79B |
| Q2 2025 | 43 | $20.38B |
| Q1 2025 | 39 | $15.07B |
| Q4 2024 | 35 | $10.63B |
| Q3 2024 | 29 | $5.09B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 335 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
XEL filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 8-K | Aug 20, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 10-Q | Jul 30, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 8-K | Jul 14, 2026 | - | Analysis | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 8-K | Jun 23, 2026 | - | Analysis | - |
| 8-K | Jun 22, 2026 | - | Analysis | - |
| 8-K | Jun 9, 2026 | - | Analysis | |
| 8-K | Jun 3, 2026 | - | Analysis | |
| 8-K | May 22, 2026 | - | Analysis | |
| 8-K | May 11, 2026 | - | Analysis | |
| 8-K | May 5, 2026 | - | Analysis | - |
| 8-K | May 1, 2026 | - | Analysis | - |
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XEL SEC filings: frequently asked questions
Which institutions hold XEL stock?
As of June 30, 2026, the largest Xcel Energy (XEL) holders among the 13F filers tracked by SignalX were BlackRock ($4.9 billion), Vanguard Capital Management LLC ($3.3 billion), State Street Corp ($3.1 billion), Vanguard Portfolio Management LLC ($2.9 billion), Bank of America Corp ($2.4 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was XEL's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Xcel Energy (XEL) reported revenue of $14.7 billion (up 9.1% from FY2024) and net income of $2.0 billion. Diluted EPS was $3.42. The figures come from the XBRL data in the 10-K.
What are the main risks in XEL's latest 10-K?
In the 10-K filed February 25, 2026, Xcel Energy (XEL) flagged: PHMSA pipeline safety regulations create ongoing compliance cost exposure; Marshall Wildfire settlement in 2025 confirms insurance limits exceeded by extreme events. Global supply chain dependency for critical components creates project delay and cancellation risk with no alternative supplier fallback identified. (AI summary of the Risk Factors section.)
What did XEL report in its latest 8-K?
Xcel Energy (XEL) filed an 8-K on July 30, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 2026 earnings released July 30, 2026.
What are the latest XEL SEC filings?
Xcel Energy (XEL) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on August 20, 2026 and a Form 4 insider filing on September 30, 2026.
What is XEL's SEC CIK number?
Xcel Energy (XEL)'s SEC Central Index Key (CIK) is 72903. EDGAR lists every XEL filing under that number.
Ask anything about XEL
The research agent reads XEL's filings, financials, insider trades and 13F holders, then answers with sources.