TTM
$14.8B
YoY change
+9.1%
5Y CAGR
+4.9%
Peak year (FY2022)
$15.3B
Cumulative revenue
$333B
Revenue history chart for Xcel Energy (XEL) from 2016 to 2025
Latest: $14.7B
Revenue growth chart for Xcel Energy (XEL) from 2016 to 2025
Latest: +9.1%
Revenue history table for Xcel Energy (XEL) from 1985 to 2025
| FY2025 | $14.7B | +9.1% | +$1.23B | ||
| FY2024 | $13.4B | -5.4% | -$765M | ||
| FY2023 | $14.2B | -7.2% | -$1.1B | ||
| FY2022 | $15.3B | +14.0% | +$1.88B | ||
| FY2021 | $13.4B | +16.5% | +$1.91B | ||
| FY2020 | $11.5B | -0.0% | -$3M | ||
| FY2019 | $11.5B | -0.1% | -$8M | ||
| FY2018 | $11.5B | +1.2% | +$133M | ||
| FY2017 | $11.4B | +2.7% | +$297M | ||
| FY2016 | $11.1B | +0.8% | +$83M | ||
| FY2015 | $11B | -5.7% | -$662M | ||
| FY2014 | $11.7B | +7.1% | +$771M | ||
| FY2013 | $10.9B | +7.8% | +$787M | ||
| FY2012 | $10.1B | -4.9% | -$527M | ||
| FY2011 | $10.7B | +3.3% | +$344M | ||
| FY2010 | $10.3B | +6.9% | +$667M | ||
| FY2009 | $9.64B | -13.9% | -$1.56B | ||
| FY2008 | $11.2B | +11.7% | +$1.17B | ||
| FY2007 | $10B | +2.0% | +$194M | ||
| FY2006 | $9.84B | +2.2% | +$215M | ||
| FY2005 | $9.63B | +17.2% | +$1.41B | ||
| FY2004 | $8.22B | +6.3% | +$484M | ||
| FY2003 | $7.73B | +10.9% | +$757M | ||
| FY2002 | $6.97B | -20.1% | -$1.75B | ||
| FY2001 | $8.72B | -23.5% | -$2.69B | ||
| FY2000 | $11.4B | +47.7% | +$3.68B | ||
| FY1999 | $7.73B | +16.8% | +$1.11B | ||
| FY1998 | $6.61B | +141.9% | +$3.88B | ||
| FY1997 | $2.73B | +3.0% | +$79.6M | ||
| FY1996 | $2.65B | +3.3% | +$85.6M | ||
| FY1995 | $2.57B | +3.3% | +$82.1M | ||
| FY1994 | $2.49B | +3.4% | +$82.5M | ||
| FY1993 | $2.4B | +11.3% | +$245M | ||
| FY1992 | $2.16B | -1.9% | -$41.7M | ||
| FY1991 | $2.2B | +6.6% | +$137M | ||
| FY1990 | $2.06B | +3.8% | +$74.8M | ||
| FY1989 | $1.99B | -0.8% | -$16.8M | ||
| FY1988 | $2.01B | +13.3% | +$236M | ||
| FY1987 | $1.77B | -0.6% | -$11.3M | ||
| FY1986 | $1.78B | -0.4% | -$7.1M | ||
| FY1985 | $1.79B | — | — |
- FY2025$14.7B+9.1%
- FY2024$13.4B-5.4%
- FY2023$14.2B-7.2%
- FY2022$15.3B+14.0%
- FY2021$13.4B+16.5%
- FY2020$11.5B-0.0%
- FY2019$11.5B-0.1%
- FY2018$11.5B+1.2%
- FY2017$11.4B+2.7%
- FY2016$11.1B+0.8%
- FY2015$11B-5.7%
- FY2014$11.7B+7.1%
- FY2013$10.9B+7.8%
- FY2012$10.1B-4.9%
- FY2011$10.7B+3.3%
- FY2010$10.3B+6.9%
- FY2009$9.64B-13.9%
- FY2008$11.2B+11.7%
- FY2007$10B+2.0%
- FY2006$9.84B+2.2%
- FY2005$9.63B+17.2%
- FY2004$8.22B+6.3%
- FY2003$7.73B+10.9%
- FY2002$6.97B-20.1%
- FY2001$8.72B-23.5%
- FY2000$11.4B+47.7%
- FY1999$7.73B+16.8%
- FY1998$6.61B+141.9%
- FY1997$2.73B+3.0%
- FY1996$2.65B+3.3%
- FY1995$2.57B+3.3%
- FY1994$2.49B+3.4%
- FY1993$2.4B+11.3%
- FY1992$2.16B-1.9%
- FY1991$2.2B+6.6%
- FY1990$2.06B+3.8%
- FY1989$1.99B-0.8%
- FY1988$2.01B+13.3%
- FY1987$1.77B-0.6%
- FY1986$1.78B-0.4%
- FY1985$1.79B—
Revenue values are taken from Xcel Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Revenue at Xcel Energy (XEL)
According to Xcel Energy's latest reported financial statements, the company's current revenue (TTM) is $14.8B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Xcel Energy (XEL) reported revenue of $14.7B – grew 9.1% year-over-year.
Xcel Energy revenue compound annual growth for the 2020–2025 (5 years) window is +4.9%, with mixed annual results across the window.
Xcel Energy revenue edged down from $15.3B in 2022 to $14.7B in 2025, a 4.2% drawdown.
Across the available history, revenue reached its high of $15.3B in 2022 and its low of $1.77B in 1987.
Xcel Energy Revenue by Year
Xcel Energy Revenue 2025: $14.7B
2025's revenue for Xcel Energy came in at $14.7B, grew 9.1% from 2024.
Xcel Energy Revenue 2024: $13.4B
Xcel Energy posted revenue of $13.4B in 2024, declined 5.4% below 2023.
Xcel Energy Revenue 2023: $14.2B
In 2023, Xcel Energy reported revenue of $14.2B, declined 7.2% below 2022.
Xcel Energy Revenue 2022: $15.3B
Xcel Energy revenue in 2022 was $15.3B, grew 14.0% from 2021. This figure represents the highest annual value in the available history.
Xcel Energy Revenue 2021: $13.4B
Xcel Energy revenue in 2021 was $13.4B.
See more financial history for Xcel Energy (XEL).
Sector peers by Revenue
Utilities peers of Xcel Energy (XEL), ranked by their latest revenue
| $38.1B | |
| $32.2B | |
| $29.6B | |
| $27.5B | |
| $25.5B | |
| $21.8B | |
| $16.5B | |
| $13.7B |
- $38.1B
- $32.2B
- $29.6B
- $27.5B
- $16.5B
- $13.7B
Frequently asked questions
Xcel Energy (XEL) Key Financials
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