Xcel Energy (XEL) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Utilities
Electric & Other Services CombinedSEC EDGAR

Xcel Energy (XEL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Xcel Energy FY2025 10-K Analysis

Business Overview

  • Section 'business' was empty or not found.

Management Discussion & Analysis

  • Section 'mda' 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
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Xcel Energy FY2025 Key Financial Metrics
XBRL

Revenue

$14.7B

+9.1% YoY

Net Income

$2.0B

+4.2% YoY

Operating Margin

17.6%

-14bp YoY

Net Margin

13.8%

-65bp YoY

ROE

8.5%

-137bp YoY

Total Assets

$81.4B

+16.2% YoY

EPS (Diluted)

$3.42

-0.6% YoY

Operating Cash Flow

$4.1B

-12.0% YoY

Source: XBRL data from Xcel Energy FY2025 10-K filing on SEC EDGAR. All figures in USD.

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