Short answer
Xcel Energy (XEL) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $4.0B (up 2.9% year over year) with net income of $556M.
Q1 2026 key financials · XBRL
- Revenue
- $4.0B
- +2.9% YoY
- Net income
- $556M
- +15.1% YoY
- Operating margin
- 18.8%
- EPS (diluted)
- $0.89
- +6.0% YoY
Source: XBRL data from the Xcel Energy (XEL) Q1 2026 10-Q on SEC EDGAR. USD.
Xcel Energy Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue: electric $141M increase; natural gas $25M decrease YoY
- GAAP net income $556M vs $483M; GAAP EPS $0.89 vs $0.84
- Best segment SPS EPS $0.13 vs $0.10; worst PSCo EPS $0.42 vs $0.45
- Interest charges increased $80M; depreciation and amortization increased $40M
- Headwinds: unseasonably warm weather; MPUC decision expected Q3 2026
Risk Factors
- No material changes from Form 10-K risk factors for year ended December 31, 2025
- Regulatory and compliance risks remain carried forward without quarterly updates
- Operational and market risks remain unchanged from the 2025 Form 10-K
- Financing risk includes $800 million junior subordinated notes due 2056
- Debt maturity exposure includes $600 million bonds due 2036 and $700 million bonds due 2029
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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